MONDAY, NOVEMBER 4, 2024
Economy
Fed on Track for Quarter-Point Rate Cut
Federal Reserve officials are expected to cut interest rates by a quarter percentage point due to progress towards their 2% inflation goal amid strong consumer spending and a slowing job market.
MONDAY, NOVEMBER 4, 2024
Business
Footwear Maker On Tries Spray-On Shoes
Swiss sneaker brand On is innovating with a new LightSpray technology that creates sneakers in about three minutes by spraying the shoe's upper onto a mold, aiming to automate production and reduce reliance on human labor, though consumer acceptance and affordability remain challenges.
MONDAY, NOVEMBER 4, 2024
Startup
Fastest-Growing Startups Have Some Things in Common
According to Index Ventures partner Martin Mignot, successful startups value performance over loyalty, as demonstrated by the experience of companies like Wiz, which focused on team development and strategic pivots to achieve rapid growth and scalability.
THURSDAY, NOVEMBER 7, 2024
Economy
Dollar Resists Election-Led Debt Worries
Despite concerns about increased deficits under a second Trump presidency, the WSJ Dollar Index rose by about 2%, indicating trust in the currency even as investors sold off Treasurys, pushing 10-year yields to around 4.5%.
SATURDAY/SUNDAY, NOVEMBER 9 - 10, 2024
Proptech
New Tech Tries to Catastrophe-Proof Your Home
The construction of ultraefficient "passive houses" is gaining popularity as developers employ new building technologies that are both environmentally friendly and disaster-resistant, helping homes to withstand natural disasters like wildfires and extreme weather.
SATURDAY/SUNDAY, NOVEMBER 9 - 10, 2024
Business
Has Luxury Lost Its Shine?
Luxury goods are increasingly expensive without corresponding quality improvements, leading to weak sales and negative consumer sentiment, as brands struggle with maintaining exclusivity amid democratization and social media exposure.