Bitcoin continues its downward spiral on regulation fears. Prices fell below $10,000 on Wednesday, a decrease of about 50% since this last December. Other cryptocurrencies such as Ether, Litecoin, and XRP were also down.
The fight for net neutrality is gaining traction after 21 states filed a lawsuit challenging the FCC's recent decision to roll back Obama-era regulations. Led by New York State Attorney General Eric Schneiderman, the lawsuit says that the FCC is violating federal law. Meanwhile, Senate Democrats are building up a coalition in Congress to challenge the ruling. All 49 Democrats and one Republican are on board, leaving them just one vote short of a majority.
The spotlight is on Former White House aide Steve Bannon in the Russia investigation. He appeared before the House Intel Committee on Tuesday where he invoked executive privilege to avoid answering questions. Next, Bannon will have an interview with special counsel Robert Mueller.
Plus, we'll tell you where Wal-Mart's best ideas are coming from. Store No 8 Founder Katie Finnegan talks about how her company comes up with ideas for Wal-Mart on a small scale before bringing them to the world's largest retailer.
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.
Full Glass Wine Co., the company behind Bright Cellars, Wine Insiders, and Winc, knows you fell in love with home delivery during the pandemic – and it’s investing millions into making it even better.
It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
Imagine a world with just a handful of mediocre beer options. Terrible, right? That was the U.S. before the explosion of craft breweries, the Samuel Adams founder says.
March was a blockbuster month for jobs, with 303,000 new positions – and paired with slower wage growth, an economist and a portfolio manager agree this could be the ‘best of both worlds.’
