Walmart has entered the real estate business by purchasing a Pittsburgh-area mall. News of the $34 million acquisition first broke in February, and eight months later, it's still not quite clear what the retail giant plans to do with the Monroeville Mall, according to a Monday (Oct. 6) New York Times (NYT) report.
U.S. shoppers are expected to keep spending online at record levels this holiday season, but spending growth itself might slow and the discounts might not be as steep as retailers and customers try to stay ahead of tariffs and inflation, according to Adobe.
OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and ether later this year with help from the startup Zerohash.
OpenAI becomes the world's most valuable startup at a $500B valuation after a major share sale, surpassing SpaceX. The White House freezes or cancels ~$26B in infrastructure and climate funding, impacting major projects in New York and 16 other states.
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