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Posts Tagged ‘money’

How To Have A Growth Mindset About Money

More than 75% of Americans have at least one financial regret, and is it any wonder? We’re taught from a young age that talking about money is taboo, and the result is that throughout most of adulthood we have no actual idea how to deal with our finances. People are stuck living paycheck to paycheck, ...

Billionaires’ wealth surges as lockdownees flock to Amazon, Wal-Mart

Already among the richest people in the world, Jeff Bezos and the Walton family are even richer thanks to the lockdown. The BBC reports that Amazon founder Bezos's money mountain surged $24bn to $138bn in the last few weeks. And between them, the Walton family, owners of Wal-Mart, now share a growing $168m fortune. ...

Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn

In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how banks invest cash could be ...

Financial markets may be sliding globally, but interest in stock trading apps soars

The stock markets are having a very rough month, but interest in stock trading apps is skyrocketing, according to data from industry trackers and companies themselves. Across the board from speculative stock trading apps from startups like Robinhood to savings-focused investment applications like Acorns and established companies like Etrade, would-be investors are turning to trading ...

Dow jumps over 11% in largest one-day gain since 1933

Today, the Dow Jones Industrial Average experienced its largest gain in a single day since 1933.

From the Wall Street Journal:

U.S. stocks rallied sharply Tuesday, with the Dow surging to its biggest one-day gain in more than 85 years on signs that lawmakers and the Trump administration were nearing a deal on a giant stimulus ...

Coronavirus and oil shocks sink world financial markets

Another grim Monday in the financial markets, as the outbreak of deadly coronavirus around the world spreads fear, disruption, and economic hardship.

The number of people around the world who are infected with coronavirus is now over 110,000, and over 3,800 have died, according to a Reuters tally of government announcements.

• Separately, ...

Did African startups raise $496M, $1B or $2B in 2019?

Five years ago, it was hard to come by any numbers for annual VC investment in Africa. These days the challenge is choosing which number to follow. That’s the case for three venture funding studies for Africa that turned up varied results. The numbers and variance Investment stats released by media outlet Disrupt Africa, data-base ...

Could lessons from the challenger bank revolution kick-start innovation on the climate crisis?

Now that the world is swimming in data we may be able to address the climate and environmental risks to the planet. But while there is plenty of capital to invest in things like ClimateTech, a lot of the data that’s needed to tackle this big issue is badly applied, leading to a big misallocation ...

Billionaire Bloomberg won’t have to disclose finances until late March

“What does this guy worth $60 billion own, who wants to be president?”

Memelord and presidential hopeful Michael “throw them up against the wall” Bloomberg will not be required to publicly disclose his finances until late March, “well after voters in more than a dozen states take to the polls on Super Tuesday,” reports ...