Category: Struggles

Dow Struggles as Trump Administration Eyes TikTok Ban
, ,

Dow Struggles as Trump Administration Eyes TikTok Ban

The Dow Jones Industrial Average opened lower on Friday; the S&P 500 fluctuated after a positive start to the day.President Trump will announce Friday whether his administration would approve Oracle’s bid for TikTok’s U.S. operations.Despite Thursday’s sharp decline, U.S. equities are on track to snap a two-week losing streak.The Dow and broader U.S. stock market fluctuated…

Read More
Dow Struggles as Economists Brace For V-Shaped Recovery in Rates
, ,

Dow Struggles as Economists Brace For V-Shaped Recovery in Rates

The Dow Jones fell 0.2% on Monday. New York’s Empire State manufacturing index plummeted to 3.7. Nordea economists believe investors may be underestimating a potential V-shaped recovery in interest rates. The Dow Jones struggled to start the week as losses mounted in heavyweight stocks, and the Empire State manufacturing index plummeted. Despite no additional stimulus…

Read More
Dow Jones Struggles as U.S. Unemployment Continues to Climb
, ,

Dow Jones Struggles as U.S. Unemployment Continues to Climb

The Dow Jones fell slightly points on Thursday. Initial jobless claims missed Wall Street estimates once again. Mike Pompeo is still trying to keep the “Phase One Deal” with China alive. The Dow Jones slipped again on Thursday. A quiet day of trade showed bulls struggling to lift the index higher. Another weak initial jobless…

Read More
Eaze’s struggles reflect falling VC interest in cannabis startups
, ,

Eaze’s struggles reflect falling VC interest in cannabis startups

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday, TechCrunch reported that Eaze, a well-known cannabis-focused startup, is struggling to stay in business amidst a cash crunch, leadership turmoil, banking issues and a business model pivot. It’s a compelling, critical read. The news, however,…

Read More
Joe Biden Struggles to Explain Plan for Tackling China on Climate Change
,

Joe Biden Struggles to Explain Plan for Tackling China on Climate Change

Former Vice President Joe Biden struggled to explain his plan to persuade China to lower its carbon footprint on Wednesday. Biden, who has fluctuated between downplaying China as an economic threat to warning they may soon outpace the U.S. in energy and infrastructure, was asked during CNN’s climate change town hall how he would pressure the communist…

Read More