Author: News Room

Leading crypto payment firm Ripple has unloaded a staggering 240 million XRP from its March escrow unlock, coinciding with a period of price collapse. Ripple Dumping 240M XRP Data from XRPScan, a leading XRPL explorer, shows that Ripple has commenced selling XRP tokens for March. The first sale came on March 5, when the company’s wallet, identified as “Ripple 1,” moved 100 million XRP tokens to an untagged address. At XRP’s market value of $0.6305, the transaction was worth $63 million. Meanwhile, Ripple’s most recent XRP sale on Wednesday has a more considerable monetary value. Specifically, on March 13, Ripple…

On GPS: Trump’s TikTok flip-flop Fareed talks with Kori Schake, director of foreign and defense policy studies at the American Enterprise Institute, and senior adviser at the Center for Strategic & International Studies Glenn Gerstell about the politics and legalities of a potential US ban on TikTok — and why former President Donald Trump reversed his position on the issue.

Price and promotion might be the key proteins of retail operations, but make no mistake, there’s a lot to be learned from what’s inside a $13 pita wrap. The fast-casual chain Cava Group offers proof. The Washington, D.C.-based Mediterranean restaurant company exceeded performance expectations in 2023, its first year as a public company, and earned a few double-takes with its ambitious growth plans. Sales at Cava locations open at least a year – a critical retail measure – rose 17.9% in 2023. By 2032, the 309-location chain aims to operate 1,000 locations, the Motley Fool reports. It opened 72 stores…

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By Jack Queen and Andrew Goudsward (Reuters) -The Georgia judge overseeing Donald Trump’s trial on charges of trying to overturn his election defeat said on Friday that lead prosecutor Fani Willis can remain on the case, but a deputy with whom she had a personal relationship stepped down in keeping with the judge’s order. Nathan Wade, the special counsel hired for the case, resigned on Friday in an open letter to Willis. Judge Scott McAfee’s ruling was a blow to the Republican former U.S. president, who seeks to unseat Democratic President Joe Biden in a Nov. 5 election. Trump has…

Rising energy prices helped to fuel yet another hot inflation reading for February. A closely watched gauge of US wholesale inflation rose at its fastest pace in months, according to new data released Thursday. While a seasonal energy price surge is at the root of the gain, and less-volatile categories are showing signs of a continued cooldown, the latest Producer Price Index is yet another reminder of the arduous process to rein in inflation. The PPI, which measures the average change in prices that producers and manufacturers pay to suppliers, rose 1.6% for the 12 months ended in February, leaping…

If you’ve been paying attention, you’ll know that Bitcoin has been basking in the limelight, smashing records with an all-time high of $73,803. Following closely, the U.S. warmly welcomed a shiny new fleet of spot Bitcoin exchange-traded funds, with the heavyweight BlackRock leading the charge. This extravaganza pulled in more than a cool $10 billion, making heads turn and eyebrows raise in the financial universe. Suddenly, Bitcoin isn’t just for the digital rebels and the under-the-radar operators; it’s sitting pretty in portfolios that matter, rubbing shoulders with the big guns of investment assets. The Undeniable Presence of Scandal But let’s…

Democratic Rep. Jeff Jackson struck a breezy tone as he talked about the State of the Union while sitting in the kitchen where he films several of his TikTok videos. “It’s a little risky to talk about the State of the Union from your kitchen these days, but let’s give it a shot,” the North Carolina Democrat said before discussing how the lights in the room were three times brighter than normal that night, the bet he made about how many heckles there would be among members of Congress and looking up at his wife, Marisa, give a standing ovation when…

BTS singer V returned to his music career on Friday (March 15) after stepping away for a time to enlist in the South Korean military. The tune comes only a few months after he dropped his first full collection on his own, Layover, and it’s clearly meant to tide fans over as he fulfills his national duty. The track was a quick sales win in America, and now, more than a day after it first dropped, V’s latest has become an even bigger smash. “Fri(end)s” rose to No. 1 on the iTunes chart on Saturday (March 16). V’s new cut…

By Luc Cohen NEW YORK (Reuters) -Donald Trump’s criminal trial stemming from hush money paid to a porn star before the 2016 U.S. election will start no earlier than April after the judge on Friday granted a 30-day delay due to the late disclosure of evidence to the former president. Justice Juan Merchan’s decision to delay the first-ever criminal trial of a former U.S. president marks another victory for Trump, who has sought to slow down proceedings in his various legal entanglements as he prepares to challenge President Joe Biden in the Nov. 5 U.S. election. The case in New…