There are more private equity exits than there have been in 2 decades. How long will it last?

The U.S. administered more COVID shots this week than it has since spring

The progress is due to booster shots and newly eligible 5-11 year-olds—and vaccine mandates. Read More

PayPal Unites a Significant investment Around’plug-and-play’ crypto Company Paxos

Paxos, a New York-based cryptocurrency company, declared a $142 million Series C financing round on Thursday making it among the largest companies from the fast-growing crypto market. The new form, meaning Paxos has increased more than $240 million in overall, has been directed by investment company Declaration Partners and contained donations from PayPal’s venture arm […]

Move over Bitcoin—SPAC mania has overtaken the markets

Good morning. U.S. futures are nudging higher ahead of today’s jobless-claims data dump. Why should investors care about something as mundane as jobs? Answer: because the U.S. labor market is a “long way” from healthy, says Fed Chairman Jerome Powell, and that weakness will hamstring the central bank’s monetary policy going forward. But never mind […]