Bitcoin could face its worst monthly decline in January. Entrepreneur and original "Shark" Kevin Harrington shares his outlook for cryptocurrency, and how he thinks it could transform retail.
"I think there's a correction happening right now. It takes a fair amount of time to process the transactions," said Harrington. "As more adoption is made I think you'll see a better chance for things to go back into an accelerated standpoint.
This week Harrington launched a new web series featuring lessons from legendary sales guru Zig Ziglar. Harrington shares the lessons he's learned from Ziglar and how they can apply to any entrepreneur.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
