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Tag: economy

  • Newsletter: Brace for a Surge in Layoffs

    Newsletter: Brace for a Surge in Layoffs

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    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Layoffs Surging The number of Americans applying for first-time unemployment benefits jumped last week. The worst is yet to come. Initial jobless claims increased by 70,000 in the week ended Saturday, March 14, the fourth biggest percentage…

  • Tesla locks in stock surge with $2B offering at $767 per share

    Tesla locks in stock surge with $2B offering at $767 per share

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    Tesla has priced its secondary common stock offering at $767, a 4.6% reduction from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to increase over $2 billion. Lead underwriters Goldman Sachs and Morgan Stanley have the option to…

  • Newsletter: Trade Deficit Narrows for First Time in 6 Years

    Newsletter: Trade Deficit Narrows for First Time in 6 Years

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    This is the web edition of this WSJ’s newsletter on the economy. You are able to register to get daily delivery . Trading Places The U.S. trade deficit narrowed at 2019 for the first time in six years since disputes with China and other countries staged relationships with economic partners. Exports declined for the very…

  • Newsletter: Global Growth Looks Soft, Another Snag in Trade Talks

    Newsletter: Global Growth Looks Soft, Another Snag in Trade Talks

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    This is the internet version of the WSJ’s publication on the economy. You can register for daily delivery here. Superior morning. Jeff Sparshott here to assist you. It is possible to send us your questions, remarks and suggestions from responding to the email. 2, Three, Four Before we turn into the U.S., let’s take a…

  • Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal

    Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal

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    President Trump announced Friday on Twitter which tariffs on Chinese imports increases 5 percentage points in a tit-for-tat reaction to China’s plans to set new obligations on U.S. goods. Approximately $250 billion of goods created by China and imported into the U.S. have a 25 percent deduction. This increase will push tariffs to 30% starting…

  • Part fund, part accelerator, Contrary Capital invests in student entrepreneurs

    Part fund, part accelerator, Contrary Capital invests in student entrepreneurs

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    First Round Capital has both the Dorm Room Fund and the Graduate Fund. General Catalyst has Rough Draft Ventures. And Prototype Capital and a few other micro-funds focus on investing in student founders, but overall, there’s a shortage of capital set aside for entrepreneurs still making their way through school. Contrary Capital, a soon-to-be San…

  • Hedge Fund CIO: “In The Next Recession Rates Will Quickly Fall 100bps. Then Go To Zero. Then We Do MMT”

    Hedge Fund CIO: “In The Next Recession Rates Will Quickly Fall 100bps. Then Go To Zero. Then We Do MMT”

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    Submitted by Eric Peters, CIO of One River Asset Management “The market is roaring,” stated Vice President Pence, unemployment with only hit a 50yr low of 3.6%. “The President is quite interested in bringing ideas to the Fed. People with a renewed and fresh outlook. People who understand the approach for this market that he’s…

  • Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

    Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

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    In an effort to improve diversity and inclusion efforts and civic participation between the growing technology industry in Los Angeles along with the community which surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, along with also the non-profit Annenberg Foundation to announce PledgeLA. The initiative is 1 way where…

  • African financial technology startups move beyond payment services

    African financial technology startups move beyond payment services

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    Jake Bright Contributor Jake Bright is a writer and Writer in New York City. He’s co-author of all The Next Africa. More posts by this contributor Africa Roundup: Paga moves global and 4 startups increase $99M in VC Polestar unveils first Manufacturing EV with intention to overtake Tesla If cellular money was the primary stage…

  • Africa Roundup: Paga goes global and 4 startups raise $99M in VC

    Africa Roundup: Paga goes global and 4 startups raise $99M in VC

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    Jake Bright Contributor Jake Bright is a writer and Writer in New York City. He is co-author of The Next Africa. More articles by this contributor Polestar unveils first Manufacturing EV with aim to overtake Tesla Liquid Telecom goes on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up to get international growth…