The birth of a startup is greeted with fanfare and expectation. As a culture, we’re intoxicated by stories of entrepreneurial heroism. The larger and more oversubscribed the round — and the more earth-shattering the mission — the better. Nowhere is this ethos more true than Silicon Valley. It’s for precisely that reason that my start-up […]
Read moreWith the release of an ambitious overhaul of the tax code, House Republicans are moving to fulfill a long-held desire of corporate America: a large and audacious tax cut. Yet economists are divided over whether the plan is likely to revitalize the economy or merely bestow a windfall on the wealthiest investors. Even before President […]
Read moreJobseekers with political science degrees or backgrounds in grassroots campaigning are emerging as highly desired by businesses looking to navigate Donald Trump‘s Washington, a year after he won the presidency, LinkedIn Editor-in-Chief Dan Roth told CNBC on Friday. In the monthly Workforce Report from the social network for professionals, hiring across the U.S. showed a […]
Read moreApple shares are surging as Wall Street is growing more bullish on the smartphone maker’s iPhone X launch. The company reported better-than-expected September quarter earnings results and gave a December quarter sales guidance range above Wall Street expectations at the midpoint Thursday evening. Apple shares are trading up 4 percent in Friday’s premarket session as […]
Read moreThe U.S. economy added 261,000 jobs in October and the unemployment rate was 4.1 percent as labor conditions returned to normal following the storm-weakened September. However, the number was considerably below Wall Street expectations of 310,000. The tick lower in the unemployment rate came against expectations it would hold steady at 4.2 percent. A broader […]
Read moreThe Apple iPhone X is now out, and you can still get one in your hands even if you didn’t preorder one. You’ll have to move quickly because demand is “off the charts,” according to Apple, but stores still have them in stock. Apple promised some stores will have stock of the iPhone X op […]
Read moreWall Street titan Jeff Vinik told CNBC on Friday there’s still plenty of money to be made in the stock market despite record high levels. “Look at the economic conditions we have right now. We’ve got good economic growth, and we have low inflation,” said Vinik, once head of the largest U.S. mutual fund, Fidelity […]
Read moreCheck out which companies are making headlines before the bell: Apple – Apple reported quarterly profit of $2.07 per share, compared to consensus estimates of $1.87. Revenue also beat forecasts and Apple also gave strong current-quarter guidance. Shipments of iPhones, iPads, and Mac computers all came in above Street projections. Separately, long lines have been […]
Read moreCurrency, United States Finance
Berlusconi’s back? A key election in Sicily this weekend could boost the former Italian leader
A regional election in Sicily over the weekend could lift the party of former Italian leader Silvio Berlusconi, as the country gears up for a national vote next year. The Sicily vote for a new governor is being seen as a dress rehearsal for a national election that is due to take place before June. […]
Read moreCoinbase, one of the largest cryptocurrency exchanges, added about 1.9 million new users in the last two months. In the same period, Blockchain.com, the leading digital wallet to store cryptocurrencies, saw its users grow just slightly less than that. Many are newcomers, unaware of the risks and security holes in the complicated yet lucrative world […]
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