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Equity Monday: Circuit breakers, seed rounds and startup valuations

Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the sho

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U.S. stocks plunge 7% triggering 15-minute trading halt

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, March 5, 2020. /Reuters The SP 500 fell seven percent upon opening on Monday, triggering an automatic 15-min

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Coronavirus shock, oil crash sink world stocks

People wearing protective face masks are seen near an electronic display showing the Nikkei index outside a brokerage in Tokyo, Japan, following an outbreak of the coronavirus disease (COVID-19),

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Erdogan to discuss migrant crisis with EU, urges Greece to 'open gate'

Turkish President Tayyip Erdogan urged Greece on Sunday to "open your gates" to refugees trying to enter the European Union from Turkey and said he hoped to win more help from the EU at talks on M

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EU, Turkey and migrant crisis, a severe challenge to unity

Syrian soldiers in the southern Idlib countryside after reportedly recapturing the area, November 25, 2019. /VCG Photo Editor's note: Lionel Vairon is the president of CEC Consulting company a

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China forex reserves fall to $3.107 trillion in February

VCG China's foreign exchange reserves came in at 3.107 trillion U.S. dollars at the end of February, a month-on-month decrease of 8.8 billion U.S. dollars, official data showed Friday.In terms

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Wall Street tumbles on growth worries

VCG Wall Street's major averages slumped on Thursday as fears of slower economic growth continued to grip the financial markets.The Dow Jones Industrial Average dropped 969.58 points, or 3.58

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News Analysis: Foreign investors to buy more Chinese bonds as yield spread widens

Chinese bond yields will move up again after recent drops amid coronavirus concerns, and overseas investors are expected to buy more Chinese bonds to earn higher returns from the wide yield spread be

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Mobile banking app Empower Finance just closed a $20 million Series A round

Another afternoon, another round of funding for a mobile banking app. This time, it’s Empower Finance a San Francisco-based company that’s headed up by former Sequoia Capital partner Warre

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Turkey aims to achieve cease-fire in Idlib in talks with Putin: Erdogan

Turkish President Recep Tayyip Erdogan said on Wednesday that he hoped talks with his Russian counterpart Vladimir Putin could yield a cease-fire in Syria's northweste

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Global Business Daily: Lego up, airlines down, vegan burgers cheaper

"Anything else is surrender: this climate law is surrender, because nature doesn't bargain, and you cannot make deals with physics. We will not allow you to surrender on our future."Any hope MEPs had

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Robinhood’s downtime as a stress test for the consumer fintech boom

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Earlier this week, the popular free stock trading service Robinhood suffered downt

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Spotlight: In rare move, U.S. Fed cuts rates by half point amid COVID-19 concerns

The U.S. Federal Reserve (Fed), in a surprise move, lowered the target range for the federal funds rate by 50 basis points on Tuesday, as the COVID-19 outbreak poses "

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Fed's official says COVID-19 outbreak weighs on U.S. economic growth

The ongoing COVID-19 outbreak "will weigh on U.S. economic growth at least during the first half of this year, with a pullback in spending by households and businesses," a senior U.S. Federal Reserv

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Wall Street tumbles despite Fed's emergency interest-rate cut

U.S. equities closed sharply lower on Tuesday as concerns of slower economic growth persist, despite the Federal Reserve's emergency interest-rate cut. The Dow Jones Industrial Average closed down 7

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Conspiracy theories still being promoted despite YouTube crackdown - study

The video site changed its recommendations feature after claims it was driving up the popularity of harmful conspiracy theories.

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Roundup: U.S. equities post huge weekly losses amid risk-averse sentiment

U.S. equities posted huge weekly losses for the week ended Feb. 28, as investors fled the stock market and flocked into safe-haven assets amid risk-averse sentiment. For the week, the blue-chip Dow