While the watch party for $100,000 bitcoin enters its second week, fans of ether are feeling left out.
Why it matters: The second largest cryptocurrency, has risen in lock step with bitcoin over the last two cycles, matching BTC's highs with highs of its own — but it's been lagging behind this time around.
Vista Outdoor shareholders on Monday approved the sale of the company's ammunition business to a Czech arms company for $2.2 billion.
Why it matters: The vote brings the company's complex, two-part sale process one step closer to the finish line after a bidding war that lasted more than a year.
President-elect Trump's pick for Labor secretary, Rep. Lori Chavez-DeRemer (R-Ore.), appears to be a genuine union supporter and that's freaking out some business groups and conservative advocates.
Why it matters: Trump campaigned as a pro-worker and somewhat pro-labor candidate — though he was a decidedly anti-union president in his first term.
The Israeli Cabinet on Sunday unanimously agreed to sanction Haaretz, the country's oldest newspaper, citing its critical coverage of the Israel-Hamas war.
Why it matters: Press-freedom advocates slammed the move, arguing it's part of a broader effort by the Israeli government to silence voices critical of its war in Gaza.
When startups collapse, the losers usually are direct stakeholders like investors, founders, and employees.
But when fintech Synapse went under earlier this year, thousands of users also were left holding the bag. In some cases, that meant their life savings.
Expect the White House to tout a new milestone on Monday: $1 trillion of private sector money put toward clean technology and manufacturing — investments officials say are a result of Biden-era legislation.
Why it matters: President-elect Trump is set to preside over an economy where parts of Biden's agenda live on — in the form of unfinished semiconductor factories or clean-tech projects.
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