Bitcoin continues its downward spiral on regulation fears. Prices fell below $10,000 on Wednesday, a decrease of about 50% since this last December. Other cryptocurrencies such as Ether, Litecoin, and XRP were also down.
The fight for net neutrality is gaining traction after 21 states filed a lawsuit challenging the FCC's recent decision to roll back Obama-era regulations. Led by New York State Attorney General Eric Schneiderman, the lawsuit says that the FCC is violating federal law. Meanwhile, Senate Democrats are building up a coalition in Congress to challenge the ruling. All 49 Democrats and one Republican are on board, leaving them just one vote short of a majority.
The spotlight is on Former White House aide Steve Bannon in the Russia investigation. He appeared before the House Intel Committee on Tuesday where he invoked executive privilege to avoid answering questions. Next, Bannon will have an interview with special counsel Robert Mueller.
Plus, we'll tell you where Wal-Mart's best ideas are coming from. Store No 8 Founder Katie Finnegan talks about how her company comes up with ideas for Wal-Mart on a small scale before bringing them to the world's largest retailer.
Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.