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U.S. Senate pivots to $3.5 trillion bill, key to Biden’s agenda

U.S. Senate pivots to $3.5 trillion bill, key to Biden’s agenda

© Reuters. FILE PHOTO: The sun rises on the U.S. Capitol dome before Joe Biden’s presidential inauguration in Washington, U.S., January 20, 2021. REUTERS/Jonathan Ernst/File Photo By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) -The Democratic-controlled U.S. Senate on Tuesday passed a massive infrastructure bill and immediately kicked off debate on a $3.5 trillion spending…

Biden to pick Pagan as deputy trade chief in Geneva, Frost assistant Treasury secretary

Biden to pick Pagan as deputy trade chief in Geneva, Frost assistant Treasury secretary

© Reuters. U.S. President Joe Biden takes a question about New York Governor Andrew Cuomo’s resignation while discussing the U.S. Senate’s passage of the $1 trillion bipartisan infrastructure bill, in the East Room at the White House in Washington, U.S., August 10, WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday announced his intention to nominate…

Pave gets Y Combinator to back better startup compensation tools, again

Pave gets Y Combinator to back better startup compensation tools, again

Pave, a San Francisco-based startup that helps companies benchmark, plan and communicate compensation to their employees, has raised a $46 million Series B. YC Continuity led the round, which also saw participation from Andreessen Horowitz and Bessemer Venture Partners. The round comes eight months after Pave closed a $16 million Series A round. Today’s financing…

Senate passes $1.2 trillion bipartisan infrastructure package, handing major win to Biden

Senate passes $1.2 trillion bipartisan infrastructure package, handing major win to Biden

The Senate voted 69-30 on Tuesday to pass the $1.2 trillion bipartisan infrastructure package, handing a major victory to President Biden and a group of senators that spent months negotiating on the agreement.Why it matters: The monster bill would deliver hundreds of billions of dollars for roads, bridges, waterways and other “hard infrastructure” items. It…

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The Holy Grail Of Investments

SAN JOSE, Costa Rica, Aug. 10, 2021 /PRNewswire/ — The world is “going green” fast and investors are increasingly looking to help finance a better tomorrow by transitioning into a more sustainable environment. The market has fast evolved to include social and sustainable bonds with a specific emphasis on the especially attractive Green Bonds. In the past…

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Insurtech Breeze Raises $10 Million Series A Round

OMAHA, Neb., Aug. 10, 2021 /PRNewswire/ — Breeze, the Omaha-based insurtech startup, announced a $10 million Series A round to help advance its mission to protect American families in their most financially vulnerable moments.  The financing round is led by Link Ventures, the Boston-based fund that found Breeze through its proprietary sourcing algorithms, and includes participation…

Tech-driven Butternut Box eats its own dog food — raises $55.4M to scale-up

Tech-driven Butternut Box eats its own dog food — raises $55.4M to scale-up

Butternut Box, a London-based fresh dog food business with a tech-driven platform that delivers HelloFresh-style, catered dogfood, has raised $55.4 million (€47.2 million) in a funding round led by L Catterton, the consumer-focused private equity firm, and included participation from White Star Capital, Five Seasons Ventures and Passion Capital. We covered their early funding round…

China’s Central Bank Outlook Fuels Calls for Policy Easing

China’s Central Bank Outlook Fuels Calls for Policy Easing

© Reuters. China’s Central Bank Outlook Fuels Calls for Policy Easing (Bloomberg) — China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to the economic growth outlook. The People’s Bank of China largely reiterated its stance of stable policy, pledging…