Fintech Fundid was shut down over interest rates and a strained cap table
by TechCrunch
TechCrunch— To keep going, Fundid “needed to put up a lot more collateral because of the changing environment,” Stefanie Sample said. © 2024 TechCrunch. All rights reserved. For personal use only.
Gephardt Daily—Fed leaves interest rates unchanged amid inflation rate higher than 2% target. May 1 (UPI) — The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank’s 2% threshold. The Federal reserve’s Federal Open Market Committee said in a statement that the central bank left interest rates for overnight bank borrowing within a range of 5.25%-5.5%. With CPI inflation at 3.5%, the […] The post Fed leaves interest rates unchanged amid inflation rate higher than 2% target first appeared on Gephardt Daily.
Times of India—IPL 2024 points table: RCB's playoff hopes alive, Virat Kohli takes Orange Cap and Jasprit Bumrah holds Purple Cap after match 52. NEW DELHI: Royal Challengers Bengaluru revived their faint playoff aspirations in the Indian Premier League with a gripping four-wicket triumph over Gujarat Titans in a nail-biting encounter on Saturday.Bengaluru's pace battery delivered a stellar performance after Gujarat was asked to bat first, restricting them to a modest total of 147 runs in 19.3 overs.Faf du Plessis, leading from the front, blazed his way to 64 off just 23 deliveries, guiding the hosts to victory with ease as they reached...
Euro Weekly News—Huw Pill dashes interest rate hopes. Britain’s FTSE 100 index reached a record high of 8,076 points early on Tuesday April 23 as hopes grew of cuts in the interest rate. This overtook the previous day’s 8,023 and outstripped February 20023’s record 8,0476 points. The City was counting on two interest rate reductions this year, with the first announced in August after […]