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Big Tech's Second Quarter Just Started, And It's Already Facing Major Challenges
The year’s second fiscal quarter is officially underway, and Big Tech is already facing a number of major challenges.
Jamie Dimon Highlights Iran War, Private Credit, And AI-Driven Job Losses As Major US Risks In His Annual Letter
Jamie Dimon says a resilient US economy is still threatened by the Iran war, a looming credit cycle, ongoing trade negotiations, amongst other things.
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SEC Steps In to Help Struggling Loan Funds
The SEC is stepping in to help out business development companies that have been battered by the recent economic turmoil.
Airbnb secures $1 billion investment from Silver Lake, Sixth Street
Airbnb said private equity firms Silver Lake and Sixth Street Partners will invest $1 billion in the U.S. home rental company.
Yelp: Can It Recover?
After almost a 51% decline in the online review platform Yelp’s stock since the beginning of this year, is it ready to recover?
Auto insurance companies return $800 million in premiums because no one is driving
Given an unprecedented decline in driving, customers will receive a Shelter-in-Place Payback. This is fair because less driving means fewer accidents.