Author: prosperplanetpulse.com
Homegrown microblogging platform Koo shut down last week, becoming the latest addition to the startup “deadpool,” but the number of startups shuttering has fallen a massive 99.8 percent this year, a trend exacerbated by the so-called funding winter. Investors say the wave of startup bankruptcies over the past few years is a “necessary cleanup” and founders are now focused on improving their financial metrics. But the startup industry isn’t out of the woods yet, as “zombie” startups have emerged as a new threat. Click here to connect with us on WhatsApp “Founders need to ensure that their business model works…
The debate debacle has sparked speculation that President Joe Biden might end his reelection bid and free up his delegates to support another candidate for the Democratic nomination.If Biden were to withdraw, he would need to do so soon: The party’s national convention is in Chicago from Aug. 19 to 22.As speculation grows about Biden, so too will speculation about which candidates will vie for the nomination.For the sake of speculation, here are these candidates (in alphabetical order) and some speculation about why their candidacies may or may not work.Kentucky Governor Andy BeshearWhy it works: At 46, Beshear is young…
A new force has emerged on Wall Street: power traders. A new force has emerged on Wall Street: power traders. Hedge funds have flocked to the power sector, attracted by continuing volatile electricity and natural gas prices. They are offering big signing bonuses, hefty profit-sharing contracts, chauffeured company cars and other incentives to lure traders from utilities, banks and rival investment firms. Hello! You’re reading a premium article! Subscribe now to continue reading. Subscribe now Already a subscriber? Log in Premium Benefits Premium for those aged 35 and over Daily Articles Specially curated Newsletter every day Access to 15+ Print…
After a holiday-shortened week, investors will be keeping a close eye on the inflation report as a major highlight next week. The labor market showed new signs of easing last week. Nonfarm payrolls rose by 206,000 in June, down slightly from a revised 218,000 in May. Additionally, the U.S. unemployment rate rose slightly to 4.1% from 4%, above the 4% forecast by the Federal Reserve for this year. Inflation pressures, a concern for markets and policymakers alike, may also be showing signs of easing: The ISM Price Payments Index, a proxy for inflation for goods and services, fell less than…
As the world steps into the crossroads of history and technology, it is becoming increasingly clear that virtual reality (VR) is reshaping the travel landscape in incredible ways, especially in the fascinating realm of Egypt. In a country that has long captured the hearts and imaginations of travellers around the world, the integration of VR will take the tourism experience to unprecedented heights. Egypt’s tourism industry Experienced Having shown a remarkable recovery in recent years, the country’s tourism receipts are expected to reach a staggering US$15 billion (Egyptian Pounds 722 billion) in 2023. This new record will surpass the pre-pandemic…
When it comes to investment accounts like 401(k)s and IRAs, financial professionals generally say it’s best not to look at your accounts too much. The general idea is that as long as you have a broadly diversified portfolio that matches your risk tolerance, there’s not much point in worrying about the day-to-day fluctuations of your investments — instead, sit back and watch compound interest work its magic over the decades you’ve invested. But there’s one big exception to this rule, and it has nothing to do with the stocks, exchange-traded funds, or mutual funds you own: If you don’t keep…
Emiliano Void: Young Entrepreneur of the Year Small and Medium Enterprise Agency Starting your own business can be an exciting and rewarding experience. It has many benefits, including being your own boss, setting your own schedule, and earning a living doing what you love. But entrepreneurship also comes with a variety of challenges, especially for young people. Emiliano Void, founder and CEO of nuWave Equity Corp. and this year’s SBA Young Entrepreneur of the Year, has all the characteristics of a successful young entrepreneur: innovation, creativity, tenacity, resilience, flexibility and passion. Photo: Emiliano Boyd, founder and CEO of nuWave Equity…
Down icon An icon in the shape of a downward angle. Trader Joe’s has a lot of great, nutritious products. Jasmine Westbrooks Trader Joe’s may seem like a kitschy neighborhood grocery store, but it’s actually a multi-billion dollar chain with more than 500 stores across the United States.Luckily, despite its business success, it’s still a great place to buy organic, nutritious staples at affordable prices.As a nutritionist married to a personal trainer, here are some of my favorite things to buy at Trader Joe’s this summer. I love Asian stir fried vegetables. Simply add the prepared vegetables to the skillet…
The new Prime Minister has formed his Cabinet, and the person leading UK technology policy is Dr Peter Kyle, who has been appointed as the UK’s new Secretary of State for Science, Innovation and Technology. Dr Kyle has a PhD in Community Economic Development and has worked primarily in the areas of social exclusion and youth work. He is a strong believer in apprenticeships and increasing social mobility and is expected to focus on technology skills. He was diagnosed with dyslexia at the age of 30.Dr Kyle is highly regarded by Chancellor Sir Keir Starmer and he was attached to…
BCA Research predicts that the S&P 500 will plummet 32% in 2025 as the U.S. economy eventually suffers a recession.The firm said the Fed will not be able to halt a recession because it will take too long to cut interest rates.Rising unemployment and credit constraints will curb consumer spending and worsen the recession. Thank you for your registration! Access your favorite topics on the go with your personalized feed. Download the app By clicking “Sign Up”, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at any time by visiting your settings page or clicking…