Slack CEO Stewart Butterfield poses for photos outside the New York Stock Exchange before his company’s IPO, Thursday, June 20, 2019. Richard Drew | AP The CEO of messaging firm Slack said that the company didn’t want to go public with a traditional IPO so that it could bypass the closed-door process of raising capital
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Federal Reserve Board Chairman Jerome Powell speaks during a press conference after the Fed announced interest rates would remain unchanged, in Washington, DC, January 30, 2019. Saul Loeb | AFP | Getty Images Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called Libra that the
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Traders are convinced the Federal Reserve will cut rates next month. The fed funds futures market is now pointing to a 100% chance of an easing of monetary policy next month — a 67% chance of
The Netflix logo as seen on a smartphone SOPA Images | Getty Images Emerging competitors in the streaming space pose a risk for Netflix as consumers are forced to decide which streaming subscription to call their own, according to Baird. Competition is growing for Netflix. Direct competitors like Amazon‘s Prime Video and Hulu remain a