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.
The Federal Reserve on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
Kellogg announced last year that it was splitting into two companies, one focused on snacks and the other on cereal. Now it's revealed what those new companies will be called. The cereal business will retain the name Kellogg's, while the snack business will be called Kellanova.
Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank.
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss Wednesday's session as stocks closed down amid concerns over a banking crisis and ahead of next week's Fed meeting.
