Business Finance

JPMorgan pres: “Recession may be ‘price to pay’ to beat inflation”

Many CEOs are in agreement: A recession may be on the way, and it may be the 'price to pay' for inflation, says JPMorgan President.

Ritholtz’s Josh Brown and others agree: The Fed is in hot water

With the decisions made by the Fed on inflation mounting, they are fighting to remain credible and relevant for American people.

VC funding in Q3 down 52% YoY and 33% quarter-over-quarter

Venture capital funding declined rapidly during the third quarter, down 52% YoY. Have we reached our breaking point?

Tech tumbles as layoffs and hiring freezes are announced

Layoffs, hiring freezes and sales drops for tech giants like Meta, Lyft, Docusign, and Bed Bath & Beyond have all been announced this week.

Buy Now, Pay Later (BNPL) now to be regulated like credit cards

BNPL seemed to be a genius idea from the start, and especially grew in popularity with the pandemic, but it needs more regulation.

97% of execs think we’re near a recession, most economists agree

The talks of a foreboding recession is not just amongst common folks. Execs and economists agree something is brewing.

Uber pays NJ $100m in back taxes for misclassifying drivers

The use of employment labels of 'independent contractor' and 'gig-worker" are getting dicey, even leaving Uber $100mil in debt.

Credit Karma fined $3M for false credit card pre-approval claims

The Federal Trade Commission has Credit Karma under fire for offering false pre-approval claims to customers.