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.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
President Donald Trump pulled a rabbit out of his trade war hat this week, announcing a trade deal with Japan putting 15% tariffs on most Japanese imports.
Nextdoor CEO Nirav Tolia shares how the neighborhood app's redesign aims to inform, connect, and protect communities with smarter features and local insight.
Tim Bohen dives into the 'Trump Trade,' renewed tariffs, waning uncertainty, corporate guidance, and what the Fed’s next move means for traders and markets.
Wall Street icon Peter Tuchman dives into Apex Trader Funding’s partnership with Wall Street Global Trading Academy and what it means for the next-gen trader.
Matthew Frankel, contributing analyst at The Motley Fool, discusses the recent SPAC resurgence, investor interest, and what the data says about their future.
Axios’ Neil Irwin unpacks the political clash as the White House explores legal pathways to dismiss Fed Chair Powell, threatening central bank independence.
