Economy - Finance > Market

Extra Crunch Live is back in 2021, connecting founders with tech giants and each other

2 monthes ago   |   By Tech Crunch

In April 2020, when the entire world was laser-focused on the coronavirus pandemic, we realized that startupland was in unprecedented territory. How should startups navigate fundraising, operations, and better understand the market?
In a matter of a couple weeks, we spun up a little series called Extra Crunch Live, giving Extra Crunch members the chance to hear from and connect with leaders across the industry. We brought on some of the biggest names in tech and VC, including likes of Roelof Botha, Kirsten Green, Zach Perret, Charles Hudson, Aileen Lee, Mark Cuban, Howard Lerman, Niko...
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World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic

2 monthes ago   |   By Business Insider

Economies around the world, such as Mexico's, have been hampered by social distancing due to COVID-19
Rebecca Blackwell/ASSOCIATED PRESS
The COVID-19 pandemic is set to hit potential global growth over the next ten years, and could even cause a 'lost decade' if the recovery is mismanaged, the World Bank has said.
The World Bank said lower levels of investment, slower improvements in education, and lower female labor force participation would limit economies.
The global economy is expected to grow 4% in 2021 after shrinking 4.3% in 2020, but China is set to roar ahead with 7.9% growth this...
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World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic

World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic

2 monthes ago   |   By Business Insider

Summary List Placement The coronavirus pandemic will cause "lasting damage" to the world economy and could even lead to a "lost decade" of growth, according to a gloomy report from the World Bank.
Although the global economy is set to recover sharply this year, it will still be around $4.7 trillion smaller than pre-pandemic projections, the international organization said.
Global GDP contracted by 4.3% last year, as COVID-19 led governments to all but shut down economies, according to the World Bank's Global Economic Prospects report .
It is expected to grow 4% next year, as coronavirus...
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To Juice the Economy, Biden Bets on the Poor

Mr. Biden's bottom-up $1.9 trillion aid package is a sharp reversal from the tax cut bill that was President Donald J. Trump's first big legislative victory. Read more ...

This Week in Apps: App Store bill passes AZ House, ‘deep nostalgia' goes...

This Week in Apps: App Store bill passes AZ House, ‘deep nostalgia' goes viral, Twitter Spaces arrives on Android

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is... Read more ...

Investors explain how Okta's $6.5 billion acquisition of Auth0 turned...

Investors explain how Okta's $6.5 billion acquisition of Auth0 turned Bessemer's $95 million investment into a $1.3 billion stake

Summary List Placement Former Bessemer investor Sunil Nagaraj was in the middle of making a presentation when he started receiving a flood of messages. "I finished my... Read more ...

Veterans United review: Good mortgage lender if you have a low credit score

Veterans United review: Good mortgage lender if you have a low credit score

Table of Contents: Masthead StickySummary List Placement Veterans United specializes in VA mortgages, and it has conforming, jumbo, FHA, and USDA mortgages. The lender only... Read more ...

Lumber prices have skyrocketed 140% over the last year, but the economy...

Lumber prices have skyrocketed 140% over the last year, but the economy might not be able to handle further increases in 2021, a chief market technician says

Summary List Placement Lumber prices have soared nearly 140% over the last year as the best-performing commodity. Piper Sandler chief market technician Craig Johnson told... Read more ...

More than 70 percent of Americans back Biden's pandemic response, but many...

President Joe Biden puts on a face mask while speaking to reporters on October 26, 2020 in Chester, Pennsylvania. Photo by Drew Angerer/Getty Images More than 70 percent are in... Read more ...

Schedule for Week of March 7, 2021

Schedule for Week of March 7, 2021

This will be a light week for economic data. The key report scheduled for this week is February CPI. --- Monday, Mar 8th --- No major economic releases scheduled. --- Tuesday... Read more ...

When Amazon raises wages, local companies follow

Amazon's corporate decision to increase starting pay to $15 an hour three years ago appears to have lifted pay for low-wage workers in other local companies as well, according... Read more ...

3 Ways To Grab Big Gains From The $2-Trillion Stimulus Package

There's $2 trillion in cash headed straight into the US economy, and today we're going to grab a share, both in the form of price gains and dividends. Read more ...

Demoralized junior bankers are contemplating ditching investment-banking...

Demoralized junior bankers are contemplating ditching investment-banking altogether as they battle burnout after a grueling year working from home

Summary List Placement Declining coronavirus case counts and plans to ramp up America's vaccine distribution have some on Wall Street hopeful the end of the pandemic is less a... Read more ...