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.

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Walmart warns “higher prices are inevitable”
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
US businesses that rely on Chinese imports express relief and anxiety
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
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