Home Depot co-founder, 93, slams ‘awake’ business leaders and ‘lazy’ office workers

The 93-year-old co-founder of Home Depot has attacked the current generation of business leaders for prioritizing “wake up” issues over shareholders and employees. Bernie Marcus, valued at more than $5 billion by Bloomberg, said he was dismayed to see the world’s business leaders gather in Davos this year and call for investment in causes that … Read more

Investor reaction to Adani market rout after short selling report

SINGAPORE (Reuters) – The Adani Group has called off a $2.5 billion share sale as losses of the group’s largest company climbed to more than $100 billion in the wake of the US short seller’s report. This defeat raised fears that the fallout could also affect confidence in India more broadly. Here are the investment … Read more

Best mortgage deal today? Twenty-year interest rates fall by more than a quarter of a percentage point | February 1, 2023

Our goal here at Credible Operations, Inc. , NMLS Number 1681276, and referred to as “Credibility” below, is to provide you with the tools and confidence you need to improve your financial standing. Although we promote products from our partner lenders who compensate us for our services, all opinions are our own. Check out the … Read more

El Obour raises $10M to simplify investor onboarding • TechCrunch

Tim Flannery, Alex Laplante, and Ben Doran were working together on the Investor Services team at Karta when they realized that saving money to invest in startups was a taxing process (no pun intended). It required manually creating subscription agreements—the agreements that investors fill out to invest in a fund—by aggregating unstructured data across different … Read more

The White House is tapping Lyle Brainard and Jared Bernstein as top economic advisors

Lyle Brainard, Vice Chairman of the US Federal Reserve, before being sworn in during a ceremony in Washington, D.C. on Monday, May 23, 2022. Drago | bloomberg | Getty Images The White House is likely to appoint Fed Vice Chairman Lyle Brainard to run the National Economic Council and Jared Bernstein to lead the Council … Read more