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Archive for the ‘Entrepreneur’ Category

The Power Couple of the New York Tech Scene

05 Feb

Dennis and Chelsa Crowley cut a dash in New York’s tech-social scene, as the respective founders of Foursquare and Stowaway cosmetics.

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U.S. job growth slows, unemployment rate at eight-year low

05 Feb

Job seekers break out to visit employment personnel at "Hiring Our Heroes" military job fair in WashingtonBy Lucia Mutikani WASHINGTON (Reuters) – U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Data for November and December was revised to show 2,000 fewer jobs created than previously reported. Economists polled by Reuters had forecast employment increasing by 190,000 in January and the jobless rate steady at 5 percent.

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Wall Street rises as oil soars on hopes of output cut

28 Jan

A trader works on the floor of the New York Stock ExchangeThe Fed kept interest rates unchanged and said it was “closely monitoring” global economic and financial developments, while keeping an optimistic view of the U.S. economy. U.S. stocks closed sharply lower on Wednesday, with the S&P 500 falling more than 1 percent, after the Fed’s statement failed to impress some investors. “The Fed meeting caused some kind of a knee-jerk reaction and the markets need a bit of time to digest what happened yesterday,” said Khaldoon Ibrahim, chief executive of MarketsCompass.com, a trading advisory website.

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Wall Street opens lower as oil, Apple drag

27 Jan

A trader works on the floor of the New York Stock Exchange(Reuters) – U.S. stocks opened lower on Wednesday after oil prices gave up gains and as Apple’s tepid quarterly revenue forecast weighed.

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Indexes up on strong earnings, rising oil prices

26 Jan

Traders work on the floor of the New York Stock ExchangeCrude prices steadied above $30 a barrel on hopes that OPEC and non-OPEC producers would come together to tackle a massive supply glut. Investors are still reeling from a turbulent start to the year, which saw Wall Street post its worst-ever start to a new year. “It’s going to go back and forth, and it looks like it’s going to depend on what the price of oil does today,” said Matthew Tuttle, chief executive, Tuttle Tactical Management in Greenwich, Connecticut.

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Indexes lower as materials, energy drags

25 Jan

Traders work on the floor of the New York Stock ExchangeAll eyes will be on the U.S. Federal Reserve’s next move on interest rates when the Federal Open Market Committee meets on Jan. 26-27. Investors, already rattled by the volatile start to the year and a steep fall in oil prices, are also awaiting U.S. GDP data on Friday for a reading on the health of the economy. “So right now, we’re in wait-and-see mode as the market pauses to digest last week’s very strong gains,” said Adam Sarhan, chief executive of Sarhan Capital in New York.

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Investors look to Fed, earnings for direction next week

23 Jan

Traders work on the floor of the New York Stock ExchangeInvestors hoping equities can sustain their recent bounce next week will carefully watch the U.S. Federal Reserve’s mid-week policy meeting for signs the central bank may slow the path of interest rate hikes. The S&P 500 has already fallen as much as 9 percent this year, with stocks battered by concerns over China’s slowing economy, plunging oil prices and Fed Vice Chairman Stanley Fischer’s comments that he expected about four rate hikes this year. “The speculation is the message will continue to be dovish from the Federal Reserve and the four rate increases they have been talking about is not realistic, so that is being viewed as a positive” for stocks said Ken Polcari, Director of the NYSE floor division at O’Neil Securities in New York.

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Wall St. rises as cold wave heats up oil prices

22 Jan

Traders work on the floor of the New York Stock ExchangeEuropean Central Bank President Mario Draghi’s comments on Thursday suggesting that the bank could ease its monetary policy in its meeting in March also encouraged investors bruised by a brutal selloff that began at the start of 2016. Crude prices, still under pressure from a global glut, were up more than 6 percent as the cold wave boosted short-term demand and traders cashed in their short positions. The U.S. stock market, tracking oil prices, has failed to sustain any rallies this year as risk-averse investors search for signs of stability.

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In Britain, New Creative-Business Website Draws Support

21 Jan

Anya Hindmarch and Caroline Issa were among those at a reception at the prime minister’s office for the project’s introduction.

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미래의 창업가 키우는 데 힘 쏟는 미국 대학들

21 Jan

취업이 쉽지 않고, 실리콘 밸리에서 계속해서 들려오는 스타트업 성공 사례에 고무된 학부생들은 대학 교육을 통해 아이디어를 성공적인 비즈니스로 키우는 법을 배우고자 한다.

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