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Shark Tank: Kymera Accepts $500,000 From Robert Herjavec

SHARK TANK: KYMERA ACCEPTS $500,000 FROM ROBERT HERJAVEC

Freyer / Pixabay Jason Woods is no stranger to the Shark Tank. On a previous season, Jason came to the Sharks to pitch his company,...

Evercore is going after JPMorgan and Goldman; WeWork's CEO explains why he thinks his $47 billion company is recession-proof

EVERCORE IS GOING AFTER JPMORGAN AND GOLDMAN; WEWORK'S CEO EXPLAINS WHY HE THINKS HIS $47 BILLION COMPANY IS RECESSION-PROOF

Hey, readers! It was a big news week in the finance world. Both Goldman Sachs and JPMorgan announced their biggest-ever acquisitions...

 
 
 
China Is Running Out of U.S. Goods to Tariff, But It Has Other Trade War Weapons to Unleash

CHINA IS RUNNING OUT OF U.S. GOODS TO TARIFF, BUT IT HAS OTHER TRADE WAR WEAPONS TO UNLEASH

When President Donald Trump suddenly hiked tariffs on $200 billion worth of Chinese imports last week, China said it would respond...

Alexandria Ocasio-Cortez says the Bible backs up her plan to cap credit card interest rates at 15%

ALEXANDRIA OCASIO-CORTEZ SAYS THE BIBLE BACKS UP HER PLAN TO CAP CREDIT CARD INTEREST RATES AT 15%

Democratic Rep. Alexandria Ocasio-Cortez on Thursday said the Bible supports her proposal for a 15% federal cap on credit card interest...

 
 
 
U.S. Will Lift Tariffs On Steel And Aluminum From Canada And Mexico

U.S. WILL LIFT TARIFFS ON STEEL AND ALUMINUM FROM CANADA AND MEXICO

The Trump administration has reached a deal to lift tariffs on metal imports from Canada and Mexico, in a move that could make it easier...

Renewable growth slows, CARB weighs its options, BMW i3 recalled: Today's Car News

RENEWABLE GROWTH SLOWS, CARB WEIGHS ITS OPTIONS, BMW I3 RECALLED: TODAY'S CAR NEWS

California considers some extreme options as the federal government prepares to reveal new fuel economy rules. Carbon dioxide levels...

 
 
 
The UK government built a $146 billion war chest to stop a run on the pound in the case of a 'no-deal' Brexit, Bank of America says

THE UK GOVERNMENT BUILT A $146 BILLION WAR CHEST TO STOP A RUN ON THE POUND IN THE CASE OF A 'NO-DEAL' BREXIT, BANK OF AMERICA SAYS

Bank of America The British government and the Bank of England built a $146 billion foreign currency reserve war chest to in the event...

CWS Market Review - May 17, 2019

CWS MARKET REVIEW - MAY 17, 2019

”Patterns of price movement are not random. However, they're close enough to random.” -Jim Simons Before I get to this week's issue...

 
 
 
Retail Zipline raises $9.6M from Emergence and Serena Williams

RETAIL ZIPLINE RAISES $9.6M FROM EMERGENCE AND SERENA WILLIAMS

Retail Zipline , a startup aiming to improve communication between retail stores and corporate decision makers , announced today that...

Comments on April Housing Starts

COMMENTS ON APRIL HOUSING STARTS

Earlier: Housing Starts Increased to 1.235 Million Annual Rate in April Total housing starts in April were above expectations, and...

 
 
 
The 2019 Fortune 500 CEO Survey Results Are In

THE 2019 FORTUNE 500 CEO SURVEY RESULTS ARE IN

The CEOs of the Fortune 500 are feeling increasingly cautious. A growing number fear the global economy will worsen in the next year,...

YouTrip, a challenger bank in Southeast Asia, raises $25M for expansion

YOUTRIP, A CHALLENGER BANK IN SOUTHEAST ASIA, RAISES $25M FOR EXPANSION

Singapore-based startup YouTrip thinks consumers of Southeast Asia deserve a taste of the challenger bank revolution happening in the...

 
 
 
7 accessibility-focused startups snag grants from Microsoft

7 ACCESSIBILITY-FOCUSED STARTUPS SNAG GRANTS FROM MICROSOFT

Microsoft has selected seven lucky startups to receive grants from its AI for Accessibility program. The growing companies aim to empower...

Business leaders are expressing frustration and uncertainty about the US-China trade war

BUSINESS LEADERS ARE EXPRESSING FRUSTRATION AND UNCERTAINTY ABOUT THE US-CHINA TRADE WAR

Executives at S&P 500 companies sounded off on the US-China trade war during their first-quarter conference calls. Goldman Sachs equity...

 
 
 
How are lower fuel prices and the global economy affecting travel?

HOW ARE LOWER FUEL PRICES AND THE GLOBAL ECONOMY AFFECTING TRAVEL?

We are living in interesting times. From market volatility caused by China's faltering economic situation, to continued uncertainty...

Retail Sales decreased 0.2% in April

RETAIL SALES DECREASED 0.2% IN APRIL

On a monthly basis, retail sales decreased 0.2 percent from March to April , and sales were up 3.1 percent from April 2018. From the...

 
 
 
Industrial Production Decreased 0.5% in April

INDUSTRIAL PRODUCTION DECREASED 0.5% IN APRIL

From the Fed: Industrial Production and Capacity Utilization Industrial production fell 0.5 percent in April, and the rates of change...

 
 
 
Former Goldman Sachs CEO Lloyd Blankfein says Trump's trade-war tariffs may be 'effective'

FORMER GOLDMAN SACHS CEO LLOYD BLANKFEIN SAYS TRUMP'S TRADE-WAR TARIFFS MAY BE 'EFFECTIVE'

Former Goldman Sachs CEO Lloyd Blankfein thinks the trade war could be good for America. He expects tariffs to hurt China more than...

Equities slide on trade war concerns - 'This market is trading on the whimsy of Donald Trump'

EQUITIES SLIDE ON TRADE WAR CONCERNS - 'THIS MARKET IS TRADING ON THE WHIMSY OF DONALD TRUMP'

AP European equities and US futures fell on Wednesday as investors worried about the trade war. Asian stocks rallied on renewed potential...