A wave of late-stage startups quietly marked down their valuations in Q3

Many startups are overvalued. But because they are also well-stocked with cash, they haven’t had to raise new funding at a lower or flat valuation — yet. However, new data from Carta found that cracks are starting to show. Startup equity infrastructure platform Carta found that a record number of startup employee stock grants — which…

FTX’s failure could be a stress test for corporate credit card startups

Last week, Ramp sent a message to crypto companies using its corporate card services saying that it is significantly lowering spending limits and mandating new requirements. Some users were temporarily suspended from spending altogether. “In light of recent unprecedented events in the cryptocurrency, blockchain, NFT and DeFi ecosystem, we are conducting a review of all…

The stock market just flashed an extremely rare signal that has a solid track record for strong gains ahead, Fundstrat says

Spencer Platt/Getty Images An extremely rare signal flashed in the stock market on Tuesday, suggesting big gains ahead.That’s according to Fundstrat’s Tom Lee, who highlighted a surge in the put-to-call ratio despite a jump in the S&P 500.Since 1997, there have been only three instances when the put-to-call ratio surged above 1.0 on the same…

Kanye West claims he’s running for president again. Don’t believe him until he files the paperwork.

Ye, formerly known as Kanye West, is seen during Paris Fashion Week in France on October 2, 2022. Edward Berthelot/GC Images It’s easy to formally declare a run for president — all it takes is filling out two pages of paperwork. It’s so easy that hundreds of fake candidates populate the FEC’s database, including Captain…

An architect of the law Biden is using to cancel student debt tells the Supreme Court that the relief falls ‘exactly’ under the Education Secretary’s authority and should be revived

President Joe Biden, left, answers questions with Education Secretary Miguel Cardona as they leave an event about the administration’s student-loan forgiveness plan at the White House on October 17, 2022. AP Photo/Susan Walsh Former Rep. George Miller, who constructed the law Biden is using to cancel student debt, filed a brief with the Supreme Court…

25 wellness gifts for anyone looking to destress, relax, or upgrade their self-care routine

When you buy through our links, Insider may earn an affiliate commission. Learn more. Bearaby; Maude As fun and exciting as the holidays can be, it’s no secret that they’re also stressful. From buying gifts to planning celebrations, we can all use a bit of relaxation from time to time during this holiday season.  That’s…

Why you should repay your student loans even after Biden extended the repayment pause

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Continuing to repay your student loans during the repayment pause can save…