The way restaurant workers get paid could be changing. The Department of Labor has proposed making tip-pooling legal again.
Whitney Filloon, Senior Reporter at EATER, explains what the proposal would mean for the restaurant industry. Currently, waiters have the rights to the tips they are given during service. Tip-pooling would allow restaurant owners to divide up the tips however they see fit.
Filloon says Democrats have expressed opposition to the proposal, but Republicans have largely stayed silent. The Department of Labor has until the beginning of April to make a decision.
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.