What Is the Bureau of Economic Analysis? The Bureau of Economic Analysis, or BEA, is an independent federal agency responsible for gathering and analyzing economic data and reporting national, international, regional, and industrial financial statistics—most notably gross domestic product (GDP). …
We’re just a few weeks away from Prime Day 2023, as Amazon has officially set the 48-hour sale for July 11 and 12. As we’ve seen in years past, the massive online retailer doesn’t restrict deals from only posting on the actual shopping event. Apple’s entry-level iPad has already hit the lowest price yet, Echo…
Travis VanderZanden’s slow-motion departure from Bird is now complete. The scooter rental company announced in a late-Friday news dump that the executive has stepped down from his role as chairperson of Bird’s board, “effective immediately.” Replacing VanderZanden is John Bitove, who played a role in saving Bird’s bacon this past December via its merger with…
Apple is the first publicly traded company to close a trading day with a $3 trillion market value. The company’s shares climbed about 2.31% on Friday to a new high. The tech giant first reached a $3 trillion market cap back in January 2022, but failed to close at that level. Apple’s stock has skyrocketed…
© Reuters. U.S. President Joe Biden speaks about the U.S. Supreme Court’s decision to strike down race-conscious student admissions programs at Harvard University and the University of North Carolina, during brief remarks in the Roosevelt Room at the White House i By Steve Holland and Jeff Mason WASHINGTON (Reuters) – President Joe Biden on Friday…
© Reuters. A supporter of student loan debt relief rallies in front of the Supreme Court as the justices are scheduled to hear oral arguments in two cases involving President Joe Biden’s bid to reinstate his plan to cancel billions of dollars in student debt in Wash By David Lawder WASHINGTON (Reuters) -The U.S. Supreme…
Fund of funds (FoF) were created to serve as a bridge for LPs to get access to managers they couldn’t back otherwise. But in an environment where funds are not seeing consistent support from their existing LPs, and there are more venture funds than ever, is their role still relevant? Fund of funds fundraising —…
What Is Wage Garnishment? Wage garnishment is a court-ordered legal procedure that requires an individual’s employer to divert some portion of each paycheck toward a creditor to whom the individual owes money. In other words, it is a legal outcome that allows a creditor to automatically collect …
Everyone knows that raising venture capital has been harder for startups lately — unless you are building an AI startup, of course. But instead of only talking to founders, we’re flipping the script today. We wanted to hear from investors how their portcos are handling a cash-light environment. To that end, TechCrunch+ recently asked 11…
Seoul-based e-commerce company Levit, an operator of the shopping app Alwayz, wants to make the shopping experience more entertaining and affordable. The two-year-old startup has recently raised $46 million in a Series B round of funding led by DST Global Partners with participation from new investor BOND and existing backers KB Investment, Mirae Asset Capital,…
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