Finance
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Digital health startup GoodRx is going public, and we dug through the 185-page filing to find 6 crucial details about the company’s plans to provide affordable, direct-to-consumer care
GoodRx, a digital health company that offers low-cost, mailed prescriptions, filed to go public Friday. GoodRx is just the latest in a...
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The average cost of car insurance in the US
The average cost of car insurance in the United States is $1,348 per year or $112 per month, according to data Business...
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The US economy needs more stimulus to slash the risk of a ‘double dip’ recession, former Fed official says
US officials may need to ramp up fiscal stimulus to avoid a “double-dip” recession, former Atlanta Fed president Dennis Lockhart told CNBC’s...
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395Credit Suisse fired a banker who forged a wealth-management client’s documents and cost the firm $11 million, new report says
Reuters A Credit Suisse banker drove a roughly 10 million franc ($11 million) loss after forging documentation for an African wealth management...
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365Hertz is seeking a $1.5 billion bankruptcy loan after regulators blocked its controversial $500 million share sale, report says
Cindy Ord/Getty Images Hertz wants to borrow as much as $1.5 billion after regulators blocked it from selling $500 million in probably...
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Inside Citadel’s internship bubble
We made it. Welcome to the weekend. An interesting regulatory decision was announced Wednesday night that could play a role in what...
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Elisity, a cybersecurity startup that just came out of stealth mode, landed a jumbo-sized $7.5 million seed round with this pitch deck
When Burjiz Pithawala cofounded Elisity in 2018, he’d spent decades in the tech industry, but had never launched an independent startup. However,...
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How $34 billion hedge fund Citadel rented out a five-star resort for a month to pull off an in-person summer internship ‘bubble’ for more than 100 college students
Billionaire Ken Griffin’s Citadel created a bubble for interns at a resort in Kohler, Wisconsin, renting out the entire place. The firm...
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Business cycles chart the ups and downs of an economy, and understanding them can lead to better financial decisions
A business cycle is the periodic growth and decline of a nation’s economy, measured mainly by its GDP. Governments try to manage...
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Palantir is one of the few companies to ever go public in a direct listing, but it’s borrowing an IPO tradition by putting ‘lock-ups’ on insiders
Palantir direct listing paperwork includes a provision that will bar insiders, including its top executives, from selling a portion of their shares...