Bitcoin continues to rise, and is showing zero signs of slowing. The cryptocurrency passed $16 thousand dollars on Thursday morning, hitting new all-time highs. The theory for this immediate run is that institutional money from big banks is being priced into the digital currency.
Plus, Walmart says that increased online purchases are causing delays in its distribution network. The world's largest retailer admitting that orders were not processed as promptly as anticipated.
Disney CEO Bob Iger may be sticking around, again. According to reports, Disney's Chief Executive will extend his reign through 2019, if the sale of 21st Century Fox is finalized.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
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.