President Donald Trump confirmed Friday that the US would lower tariffs against China as part of an interim trade agreement. China had announced moments earlier that the two sides reached an agreement on the text of a so-called phase-one deal. Trump said that as part of the agreement, the US would lower the tariff rate... Read More →

In addition to harming employees, venture investors, and some of its managers, WeWork’s collapse harmed a group many thought were protected from it — everyday investors. That’s because such investors owned stakes in mutual funds that had invested in WeWork; those funds recently were forced to slash the value of their holdings in the company,... Read More →

Amazon has signed a lease for a new 335,000-square-foot office in Hudson Yards which, according to a report by real-estate agency PropertyShark, is the most expensive neighborhood in NYC as of Q3. News of the new office comes after Amazon pulled out of its HQ2 plans in Long Island City back in February. The new... Read More →

If you have a Chase credit card or debit card, you could be eligible for Chase Offers.  Chase Offers are cash-back deals for shopping at merchants like Starbucks and New Balance. I have the Chase Sapphire Reserve, and I currently see offers for cash back at Rite Aid, Sheraton, and more than a dozen other... Read More →

Digital media went through a bloodbath in 2019, with investors seeing billions in theoretical value wiped out and scores of people losing their jobs. Some venture capital funding continued to pour into media companies, but many journalism upstarts didn’t meet aggressive growth expectations, which forced them to look for buyers and sell for less than... Read More →

Let’s face it: The holidays can be financially stressful. But, there’s lots you can do to recover and get ahead, from making your money earn more with a high-yield savings account to visiting a financial planner. Setting up automatic transfers for saving, paying off debt, and meeting with a financial planner could all help make... Read More →

Some of the biggest funds are pumping money, technology, and time into building out credit quant teams, sources tell Business Insider.  Firms like Steve Cohen’s Point72, Renaissance Technologies, and Millennium have all built out their teams as they try to apply their expertise in quant equity and FX trading strategies to the $9.2 trillion world... Read More →

Google has added the cofounder of its DeepMind artificial intelligence unit to its own internal AI team. Mustafa Suleyman, who cofounded DeepMind with Demis Hassabis and Shane Legg, took a temporary leave from the firm earlier this year. His move to Google ends speculation that he planned to quit both DeepMind and Google altogether. Google... Read More →

PayPal agreed to buy Honey, which makes a browser extension that surfaces coupons while you shop online, for $4 billion in cash last month. The deal is PayPal’s biggest ever acquisition. CEO Daniel Schulman says an integration with Honey adds tremendous value for its merchants. Honey’s early investors are expecting returns as high as 300... Read More →

Roku gained its biggest Wall Street bull yet when Laura Martin of Needham increased her price target to $200 on Tuesday, a 47% upside from Monday’s close. Shares of Roku spiked as much as 7% on the news.  Martin wrote that investment risks for Roku are falling and called it the YouTube of TV and... Read More →