The rise in popularity of Bitcoin (CRYPTO: BTC) and other cryptocurrencies has put pressure on the U.S. Federal Reserve and other central banks around the world to create their own central bank digital currencies, or CBDCs.
Walt Disney Co. (NYSE: DIS) is relocating more than 2,000 jobs from California to Florida, praising the Sunshine State’s “business-friendly climate” as an environment to “support our expanding business.”