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Also: A credit hiccup for banks, decision time for Medicare recipients, Bitcoin's drop, and a "dumb" stock market.
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A rush by fund managers to boost portfolios will help take the S&P 500 to 7,000, says Tom Lee
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Apple and Formula 1 announced their long-awaited five-year U.S. media rights deal that will bring all U.S. televised races to Apple TV
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Crypto-focused venture capital investor Archetype has closed its latest fund on more than $100m - marking its third fundraise since its launch four years ago.
The post Crypto investor Archetype raises third fund since 2021 launch, new vehicle passes $100m appeared first on AltAssets Private Equity News.
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States reported that 205,000 workers filed for new unemployment benefits during the week ending Dec. 16, an increase of 2,000 from the previous week's revised level. The weekly claims are consistent with a low level of layoffs. Over the past two years, the unemployment rate has remained under 4 percent, despite high interest rates and inflation.
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