(Bloomberg) — Former U.S. Treasury Secretary Lawrence Summers said he didn’t expect the recent fall in bond yields although he maintained his view that the economy is overheating. “I didn’t anticipate the kind of decline in nominal yields that we’ve seen,” Summers told “Wall Street Week” with David Westin on Bloomberg Television. “I’m surprised. I…
© Reuters. FILE PHOTO: Russian President Vladimir Putin attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 4, 2021. Sputnik/Vladimir Smirnov/Kremlin via REUTERS WASHINGTON (Reuters) -Russian President Vladimir Putin, in an interview with NBC News ahead of his meeting with U.S. President Joe Biden next week, said U.S.-Russia…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices…
Garrett Winther Contributor Garrett Winther is a partner and program director at HAX, SOSV’s venture program for hard tech. An engineer by training, venture builder by trade, he is bringing hard-tech ventures to life at SOSV, IDEO and MIT. When I joined the team at SOSV’s HAX, a venture program designed to help early-stage hardware…
Share to FacebookShare to TwitterShare to LinkedinTopline The Biden Administration on Friday announced plans for how it will redirect billions of dollars former President Donald Trump diverted from the military’s budget to build sections of a wall along the U.S.-Mexico border—another step taken by Biden to dismantle a key pillar of Trump’s legacy and fulfill…
Last week, Apple announced it wanted employees to return to the Cupertino campus for three days a week starting in September. Some employees who have grown used to the flexibility of working at home pushed back. Prior to the pandemic, with few exceptions, most employees went into an office most days. But when COVID hit…
PRINCETON, N.J., June 11, 2021 /PRNewswire/ — New Jersey hospitals are caring for 385 COVID-19 patients today – the lowest number on record since New Jersey began formally tracking COVID hospitalizations through the NJHA data portal. On March 24, 2020, hospitals reported 1,478 hospitalized patients just 20 days after the state’s first COVID case was…
The U.S. insurance technology market is hot and has been for years now. Back in early 2020, to pick an example, TechCrunch reported on a wave of funding events among domestic insurtech marketplaces. Those companies have since gone on to raise hundreds of millions of dollars more. And after a long period of incubation, we’ve…
NEW YORK and BOSTON and CARY, N.C., June 11, 2021 /PRNewswire/ — Churchill Capital Corp II (“Churchill II”) (NYSE: CCX.U), a special purpose acquisition company, and Software Luxembourg Holding S.A. (“Skillsoft”), a global leader in digital learning and talent management solutions, have announced today the completion of their business combination and subsequent acquisition of Albert DE…
French startup Lydia is better known as the dominant app for peer-to-peer payments. But the company has been adding more features, such as a debit card, account aggregation, donations, money pots and more. This week, the company is adding savings accounts thanks to a partnership with French fintech startup Cashbee. If you aren’t familiar with…
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