Deborah Gladney, 34, and Angela Muhwezi-Hall, 32, are part of a small but growing club of million-dollar Black female founders. The sisters are the creators behind QuickHire, a hiring platform that connects workers to service and skilled-trade jobs. In November, QuickHire raised $1.41 million in an oversubscribed round of funding, making Gladney and Muhwezi-Hall the
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The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path. The
In this article PTON John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Roughly two months after Peloton’s IPO, founder
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Friday the Federal Reserve is failing in its battle against a spike of inflation, and the central bank is slated for accelerating rate hikes this year. “The Fed is obviously
In this article NFLX DIS 6758.T-JP Krysten Ritter, Finn Jones, Charlie Cox and Mike Colter star in Netflix’s “The Defenders.” Netflix Netflix’s suite of Marvel-branded television shows will be leaving the streaming service. Eagle-eyed viewers spied a message on the platform, which informed subscribers that “Daredevil,” “Jessica Jones,” “Luke Cage,” “Iron Fist,” “The Punisher” and
In this article GDDY ZG AFRM NWL UAA An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports equipment company’s shares dropped about 10% as lingering supply chain constraints
A pedestrian zone in Oslo on Feb. 2, 2022, after Norway scrapped most of its Covid restrictions. Terje Pedersen | NTB | AFP | Getty Images LONDON — Several European countries are scrapping Covid regulations, despite the WHO urging governments to “protect their people using every tool in the toolkit.” Sweden lifted the majority of
Traders on the floor of the NYSE, Feb. 9, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday after a sharp sell-off on Wall Street spurred by the hottest inflation reading in four decades. Futures on the Dow Jones Industrial Average dipped just 30 points. S&P 500 futures and Nasdaq 100 futures were
Kellogg is planning to raise prices and increase productivity to offset the skyrocketing inflation it’s seeing for input costs, CEO Steve Cahillane told CNBC on Thursday. “As we enter 2022, we are still seeing double-digit cost inflation,” Cahillane said on “Squawk on the Street“ “We’re going to see the wraparound benefits of the pricing that
In this article 9984.T-JP The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, according to CLSA’s Oliver Matthew. With prices of potential acquisitions now coming down as investors brace for higher rates, Matthew told CNBC’s “Squawk Box
Another day — another border reopens. In the past two weeks, a slew of countries announced plans to reopen or relax border restrictions. This includes places that have maintained some of the strictest pandemic-related border controls in the world. The announcements come on the heels of a record-setting period of global infections. According to
Brothers91 | E+ | Getty Images Tax season is underway — and the IRS is warning of a likely increase in scams targeting taxpayers. Agency officials are sounding the alarm on “IRS impersonation scams,” in which criminals pose as IRS agents to try stealing money or personal information. The latter can lead to identity theft
In this article DCFC TSLA US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. Brendan Smialowski | AFP | Getty Images President Joe Biden publicly acknowledged Tesla for the first time in his presidency on Tuesday, noting the company’s
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.2%. Chipotle rose more than 7% in after-hours
Chris “The Glove” Taylor is joining top creators such as Snoop Dogg, Heavy Metal Magazine, META, and Death Row Records by leveraging blockchain technology to build NFT Collections and digital wearables to help drive new revenue streams with fans. The pioneering multi-platinum producer has signed a deal with NFT Drop, whose focus is tangible NFT memorabilia. Taylor gave Chad Kiser the exclusive on
In this article MRNA JNJ PFE Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images The only Johnson & Johnson facility currently making usable batches of the company’s single-shot coronavirus vaccine has temporarily halted its production, a new report said Tuesday. The Netherlands-based plant has
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumer spending on movies plunged during the Lunar New Year holiday last week as theaters raised prices to record highs. The seven-day holiday that ended
In this article TSLA Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images