Economy - Finance > Market

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

1 month 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

1 month 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

1 month 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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March 1 COVID-19 Test Results and Vaccinations

March 1 COVID-19 Test Results and Vaccinations

SPECIAL NOTE: The Covid Tracking Project will end daily updates on March 7th. From Bloomberg on vaccinations as of Mar 1st. "In the U.S., more Americans have now received at... Read more ...

A Black manager at Amazon Web Services is suing her own employer, alleging...

A Black manager at Amazon Web Services is suing her own employer, alleging management fostered 'shocking racial insensitivity' and left her vulnerable to sexual assault

Summary List Placement A Black senior manager at Amazon's cloud unit filed a lawsuit against the company and three current or former executives on Monday, alleging racial and... Read more ...

Chase Sapphire Preferred vs Ink Business Preferred: Which Ultimate Rewards...

Chase Sapphire Preferred vs Ink Business Preferred: Which Ultimate Rewards card is best for you?

Summary List Placement The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit cards . The Ink Business Preferred® Credit Card is one of the best... Read more ...

Dow soars 603 points amid risk-on rally as reopening stocks surge

Dow soars 603 points amid risk-on rally as reopening stocks surge

Summary List Placement The Dow soared 603 points on Monday as a risk-on rally was fueled by a surge in reopening stocks. Johnson and Johnson began the distribution of its... Read more ...

Global real estate firm pays $135M for Sanctuary Park buildings, as suburban...

Global real estate firm pays $135M for Sanctuary Park buildings, as suburban Atlanta deals heat up

A global real estate investment firm paid almost $135 million for three north Fulton County office buildings. Read more ...

Goldman Sachs restarts cryptocurrency trading and will begin trading bitcoin...

Goldman Sachs restarts cryptocurrency trading and will begin trading bitcoin futures for clients next week, report says

Summary List Placement Goldman Sachs has restarted its cryptocurrency trading desk amid a boom in bitcoin, which saw its price rise 65% year-to-date and 470% in the past year... Read more ...

Democrats unveil an ultra-millionaire tax on the top 0.05% of American...

Democrats unveil an ultra-millionaire tax on the top 0.05% of American households

Summary List Placement In an effort to combat wealth inequality, Democrats on Monday unveiled a bill that would impose a 2% wealth tax on American households with net worths... Read more ...

Democratic senators propose clean energy tax credits

Democratic senators propose clean energy tax credits

CHARLESTON, W.Va. - Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean energy jobs. Read more ...

CEO Orlando Zayas was rejected for a Gap credit card in 2008. Now, his...

CEO Orlando Zayas was rejected for a Gap credit card in 2008. Now, his billion dollar lease-to-own company helps people afford necessities

Summary List Placement One out of five credit card applications were rejected in October, double the rate from before the pandemic, according to the Federal Reserve. Orlando... Read more ...

Construction Spending Increased 1.7% in January

Construction Spending Increased 1.7% in January

From the Census Bureau reported that overall construction spending increased: Construction spending during January 2021 was estimated at a seasonally adjusted annual rate of... Read more ...