Economy

Impeachment—What It Means For the Stock Market

House Speaker Nancy Pelosi on Tuesday announced a formal impeachment inquiry against President Trump. To no one’s surprise, the stock market took a nosedive in the aftermath of the announcement, leading business owners and shareholders alike to wonder how this will impact their bottom line. Jim Cramer discussed the topic on Mad Money, making a […]

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Hear about investing in African tech at Disrupt SF with Marieme Diop, Wale Ayeni and Sheel Mohnot – TechCrunch

If you’re a VC or founder in London, Bangalore or San Francisco, you’ll likely interact with some part of Africa’s tech landscape for the first time — or more — in the near future. When measured by monetary values, the continent’s tech ecosystem is small by Shenzhen or Silicon Valley standards. But when you look

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August 2019 Economy Healthy Says Fed, Unemployment Still a Low 3.7%

U.S. jobs growth of 130,000 jobs was lower than expected in August, according to the Bureau of Labor Statistics news release. August 2019 Economy This increase was lower than the economist predictions of 158,000 jobs, which is more in line with the average growth in 2019 to date, and well below the 2018 average of

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Uber and Lyft pledge $60m to ensure drivers don’t become employees

California politician Lorena Gonzalez criticised the companies for pledging tens of millions of dollars when they previously claimed they could not pay drivers minimum wage. On Thursday (29 August), Uber and Lyft took a significant step to ensure that drivers using the platforms would remain as contractors, rather than become recognised as employees. The companies

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Money Anxiety Index Shows Customers Are Not Worried About Recession

The U.S. economy is driven by consumer spending, which makes up close to 70% of the Gross Domestic Product (GDP). Even though the economic indicators are solid at the moment, the slightest apprehension by a small number of consumers can dramatically change the economic outlook. Dr. Dan Geller, a behavioral economist and the developer of

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Q2 the Most Active Quarters of Business Sales Over the Last Decade

The second quarter of 2019 ranks as the most active for  business sales over the last decade. The data comes from the Q2 2019 BizBuySell Insight Report, which looks at the national business-for-sale trends and transaction activity. BizBuySell Q2 2019 Insight Report According to BizBuySell, 4,948 transactions took place in the first half of 2019.

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