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Monthly Archives: February 2023

Still opportunities in VC firms despite drop in funding

Global venture capital firm 500 Global is bullish on the VC sector, even as venture funding took a hit in 2022 as economic uncertainties loomed. “There is definitely a drop in the allocation towards ventures this year, but it really depends on which markets you are investing in, and what …

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How Switzerland beat high inflation; Why the Swiss economy is strong

ZURICH — As many countries across the globe battle stubbornly high inflation, the rise in prices has been far less dramatic in Switzerland, a small mountainous nation in western Europe. Inflation in Switzerland hit a 29-year high of 3.5% in 2022. While still high by Swiss standards, it is well …

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How a shortage of workers could put the brakes on the shift to EVs

A mechanic working on an electric car at a garage in Carquefou, France, in November 2022. The EU is looking to increase the number of EVs on its roads in the coming years. Loic Venance | AFP | Getty Images From seatbelts to airbags and radios to parking sensors, today’s …

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China Renaissance says Bao Fan is cooperating with a government probe

China Renaissance said this month it was unable to contact its founder and CEO Bao Fan. This picture is from 2016. Bloomberg | Bloomberg | Getty Images BEIJING — Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance said in a filing Sunday. …

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Fed can’t tame inflation without more rate hikes, paper says

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve is unlikely to be able to bring down inflation without …

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Post-pandemic, A-list designers offer virtual help for much less

A renovated apartment in New York City after The Expert consultation sessions with designers Jessica Gersten and Athena Calderone. The Expert Aside from bingeing Netflix, creating the picture-perfect home may have been the pandemic’s most popular habit. Whether it’s organizing a pantry or adding on a home office, gym or …

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How Barbara Corcoran made $1 million in a day selling apartments

Some risks come at a price. Others can pay off handsomely — a lesson Barbara Corcoran knows well. In a recent TikTok video, the co-star of ABC’s “Shark Tank” told her followers about a crucial moment in her real estate career, when she was at risk of bankruptcy. The problem: …

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Can’t figure out economy? Walmart, Home Depot are having trouble, too

A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images If you think the economy is confusing right now, consider how baffling it must look to Home Depot and Walmart. Last week, the two big …

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How entrepreneur Amira Rasool built her million-dollar fashion empire

For Amira Rasool, fashion is a lifelong passion. “I was always the person that laid out my first day of school outfit, like, two weeks before school,” she says. The South Orange, New Jersey, native ultimately started a fashion blog in high school and took on internships at magazines like …

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Least expensive countries to buy wine include Spain and Portugal

If you want to buy the cheapest bottle of wine without sacrificing quality, look no further than Portugal. The European country is the least expensive locale to buy a bottle of quality wine. On average, a standard 750ml bottle of wine costs about £3.49, or about $4.17, in Portugal, according …

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