Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
The Labor Department’s Bureau of Labor Statistics reported Friday that payroll growth increased from a revised 125,000 in January but still fell short of the 170,000 forecast by Dow Jones economists. The unemployment rate edged slightly upward to 4.1%.
TechEchelon Staff · 508 DAYS AGO
Housing costs were a significant factor driving the increase, with a monthly rise of 0.4%. This category accounted for nearly 30% of the total inflation increase. Notably, homeowners' equivalent rent, a measure reflecting potential rental income from homeownership, increased by 0.3% monthly and 4.6% annually.
Sara Montes de Oca · 531 DAYS AGO
In response to the U.S.'s additional 10% tariffs, China criticized these measures as a serious breach of World Trade Organization norms, disrupting normal economic and trade exchanges.
Jay Goldberg · 539 DAYS AGO
Kramlich co-founded New Enterprise Associates (NEA) in 1977, making astute early investments in tech companies that would go on to become giants in computer networking.
Sara Montes de Oca · 539 DAYS AGO
Following its recent inception, Invidia is focused on targeting high-growth subsectors within healthcare, including supporting R&D innovation, tech-enabled services, delivery transformation, and consumer-oriented healthcare.
Sara Montes de Oca · 578 DAYS AGO
This was slightly below the Dow Jones forecast of 2.5% but still above the Fed’s 2% target. Core PCE, which excludes food and energy prices and is considered a more stable measure of long-term inflation trends, also increased by 0.1% month-over-month and 2.8% from a year ago, with both figures falling 0.
Jay Goldberg · 585 DAYS AGO
Despite the robust job growth, the unemployment rate inched up to 4.2%, as anticipated, reflecting a slight drop in the labor force participation rate and a reduction in the labor force size.
TechEchelon Staff · 599 DAYS AGO
The move marks a significant milestone for both organizations, as InspiredMinds! prepares to scale its influential AI summits and robust community into the U.S. market.
Jay Goldberg · 615 DAYS AGO
The stock, which had experienced a steep decline since its peak in March, has surged more than 50% over the past two trading days amid investor optimism about the company's potential to maintain its Nasdaq status.
Sara Montes de Oca · 616 DAYS AGO
The U.S. telecom giant reported an addition of 403,000 net monthly bill-paying wireless subscribers during the July-September period, surpassing analyst estimates from Visible Alpha, which forecast 393,430 additions.
TechEchelon Staff · 643 DAYS AGO
Edsby, a leading K-12 education software provider, has been selected by the Ministry of Education, Science, and Youth of Georgia to spearhead the implementation of a national learning management system (LMS).
Jay Goldberg · 650 DAYS AGO
The Federal Open Market Committee (FOMC) reduced the overnight borrowing rate by 50 basis points, meeting market expectations which had shifted from predictions of a smaller cut. The last time the Fed made a half-point cut, aside from emergency Covid measures, was during the 2008 global financial crisis.
Jay Goldberg · 678 DAYS AGO
The new fund comes as venture capital investment in space is recovering after two challenging years. Airbus Ventures plans to channel its new capital into early-stage deep tech startups that push the boundaries of scientific and engineering innovation.
TechEchelon Staff · 682 DAYS AGO
Serial entrepreneur Erica Anenberg has always had a passion for turning ideas into reality. Over the years, she’s applied her talents to...
Sara Montes de Oca · 683 DAYS AGO
The increase reflected a steady inflation rate of 2.5% compared to the same month last year, which met the forecasts set by Dow Jones.
Sara Montes de Oca · 697 DAYS AGO
During the July 30-31 meeting, a significant majority of Fed officials indicated that if economic data continues to meet expectations, easing monetary policy at the September meeting would be appropriate.
Sara Montes de Oca · 706 DAYS AGO
This rise contributed to a 12-month inflation rate of 2.9%, marking the lowest annual rate since March 2021. When omitting volatile food and energy sectors, core CPI similarly rose by 0.2% for the month, aligning with an annual rate of 3.2%, which met economists' expectations.
TechEchelon Staff · 713 DAYS AGO
The company, which had its shares debut at 76 rupees (about 91 cents) each, successfully raised over $730 million through its initial public offering (IPO) in Mumbai. This marks the largest IPO in India for the year, as reported by Reuters.
TechEchelon Staff · 718 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.