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Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.

Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale's and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday. The presentation to Macy's shareholders comes after Barington Capital, which has stakes in such brands as Victoria's Secret, Hanes and Dillard's, has built an undisclosed stake in Macy's. Barington said it has partnered with property owner Thor Equities.

About $10 billion has been poured into Bitcoin ETFs amid optimism for a cryptocurrency-friendly regulatory environment.

Warren Buffett is known for his investment in dividend stocks.

These stocks have been added or removed from the S&P 500 this year.

Adobe is set to report earnings for the fourth quarter of fiscal 2024 after the bell Wednesday, with analysts expecting higher revenue and profits as Adobe closes its fiscal year.

In an interview, Bitget CEO Gracy Chen surveys the geopolitics of the crypto exchange landscape, including contested territories like Nigeria, Russia and India.

NEW YORK/ABU DHABI (Reuters) -Key players in U.S. President-elect Donald Trump's new cryptocurrency venture were among high-profile industry figures gathering at a bitcoin conference in Abu Dhabi on Monday, as the digital currency sets record highs. Speakers at the two-day event include Trump's son Eric as well as billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World Liberty Financial, a crypto platform launched in September that Donald Trump and his family helped set up. Attendees arriving for the Bitcoin MENA conference were greeted by displays welcoming them to the "golden age of bitcoin", alongside the live price of bitcoin, which last week smashed records when it hit $100,000, buoyed by promises from Trump that he would be the "crypto president".

This latest buying spree brought the company's total holdings to 423,650 tokens worth nearly $42 billion.

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