Five things you need to know before the market opens on Monday December 12: 1. — Stock Futures Edge Higher Into End-of-Year PushU.S. equity futures edged higher Monday as investors moved cautiously into the final trading week of the year focused on the Federal Reserve’s pending rate decision and renewed concerns for recession in the…
In an action movie, they would be fighting each other. They would be the good guy and the villain, the yin and yang. The real question is, who is who. For their supporters, the other one is the problem. Elon Musk and Dr. Anthony Fauci are, in a way, the two faces of the reaction…
Individuals or businesses buying furniture in Africa can purchase from local furniture stores or global furniture retailers like IKEA. But both options have pros and cons; for the latter, local furniture stores may lack the quality that clients need, while global retailers, in addition to taking several months to ship their products to Africa, can…
After years of outsourcing and offshoring manufacturing to countries with cheaper labour and bigger production ecosystems, the U.S. and Europe are on a mission to bring some of that industrial work back to its own shores. Today, a startup that believes it can help with that shift is announcing some funding. Robco, a Munich-based startup…
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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Outschool laid off a quarter of staff, or 43 people, earlier this week, according to an e-mail obtained by TechCrunch. The edtech company, last valued…
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. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by…
Elon Musk is worried about the economy. For several months now, the richest man in the world has continued to sound the alarm, warning that the economy risks a deep recession if the central bank’s monetary policy stays on course. While the Federal Reserve is holding its last monetary meeting of the year in the…
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