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Monthly Archives: September 2023

Fed’s Kashkari isn’t sure that rates are high enough to stop inflation

Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to tame inflation. Speaking one day after he penned an essay suggesting that rates may have to go “meaningfully higher” from here in order to bring down prices, Kashkari told CNBC …

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These are the top 10 startups in the U.S., according to LinkedIn

Ramp, a New York City financial tech company, is the No. 1 buzziest startup by growth and demand, according to LinkedIn’s latest report on the top startups in the U.S. Liquid Death jumped to the No. 2 top startup of the year from No. 25 last year, in part after …

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Copper is critical to climate. The world is way behind on production

A worker in heat resistant protective clothing supervises the liquid copper mold production line at the KGHM Polska Miedz SA smelting plant in Glogow, Poland, on Tuesday, March 9, 2021. Bloomberg | Bloomberg | Getty Images Doctor Copper, the nickname for the ubiquitous red metal that historically has taken the …

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U.S. Latino economic output grows to $3.2 trillion, new study says

The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor Collaborative in partnership with Wells Fargo. Over the last decade, the U.S. Latino economy has grown two and a half times faster …

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Ex-ambassador says dark horse may beat Trump

A growing legal headache for early frontrunner Donald Trump could pave the way for a “dark horse” Republican presidential candidate to win the backing of the party in the race for the White House. That’s the view of one former U.S. ambassador ahead of the Republican Party’s second televised presidential …

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How a government shutdown may affect Social Security and Medicare

A general view of the U.S. Capitol, where Congress will return Tuesday to deal with a series of spending bills before funding runs out and triggers a partial U.S. government shutdown, in Washington, D.C. Sept. 25, 2023. Jonathan Ernst | Reuters Washington lawmakers are scrambling to pass a spending bill …

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U.S. is weaker now than when we downgraded in 2011

Washington, D.C. – March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S. Capitol. Drew Angerer | Getty Images News | Getty Images The U.S. is in a weaker position now than when S&P downgraded its sovereign credit …

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Indonesia to ban purchases on social media platforms like TikTok

Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images Indonesia’s ministry of trade said Tuesday it is working to further regulate e-commerce, adding that the country does not allow transactions on social media platforms. “One of the things that is regulated is …

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My biggest mistake was not firing wrong people fast enough

Pedestrians walk past a Levi’s store in Midtown Manhattan. Sopa Images | Lightrocket | Getty Images The CEO of the world’s most famous denim jeans company said he knew from his second day on the job that the best way to turn around the company was to fire more than …

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The top 10 Singapore start-ups to work in 2023, according to LinkedIn

Venture funding has taken a hit since 2022, as investors pull back on capital amid economic headwinds. According to a report from research firm Tracxn, total funding into Southeast Asian startups fell by 71% to $2.3 billion in the first half of 2023 — compared to the same period one …

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