Figma moves closer to a blockbuster IPO that could raise $1.5B - TechCrunch
The financials are impressive and founder CEO Dylan Field already cashed out $20 million worth of shares last year.
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business
US banks announce big shareholder payouts as Fed eases stress tests - Financial Times
Wall Street titans to raise dividends and buy back shares on back of lighter oversight
Constellation Brands says ‘socioeconomic headwinds’ are hurting beer sales, amid immigration crackdown - MarketWatch
‘We don’t expect a linear recovery among Hispanic consumers and see potential for choppiness in sentiment given ICE-related protests nationwide,’ RBC analyst says
Trump's tariffs kept Fed from cutting rates, Jerome Powell says - NBC News
The Federal Reserve would have cut interest rates by now if President Donald Trump's tariffs weren't so substantial, central bank chief Jerome Powell said Tuesday
I Found 20 Fourth of July Sales With Deals Worth Checking Out - IGN
You can save a bunch of money on all kinds of things during these Fourth of July sales at Amazon, Walmart, Target, and many more retailers.
Waffle House drops its egg surcharge - CNN
Waffle House had a welcome announcement for customers of its round-the-clock breakfast offerings: it has officially taken its egg surcharge off the menu.
All the places in the U.S. where minimum wage went up in July - Axios
Alaska, Oregon, and D.C. changes alone mean paycheck boosts for more than 880,000 people.
S&P 500 just saw its first ‘golden cross’ in more than 2 years. Here’s what comes next. - MarketWatch
The positive technical indicator suggests momentum is building in bulls’ favor
Sam Altman Slams Meta’s AI Talent-Poaching Spree: ‘Missionaries Will Beat Mercenaries’ - WIRED
“What Meta is doing will, in my opinion, lead to very deep cultural problems,” said OpenAI CEO Sam Altman in a leaked memo sent to OpenAI researchers.