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The fast-paced program is the quintessential market close show leading up to the final minutes and seconds before the closing bell on Wall Street with the latest news, data and expert analysis.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Celebrity tailor and designer Rich Fresh has made a name for himself in Los Angeles as a luxury athleisure designer. To get there, he’s had to face down many challenges, including a fashion industry that’s often held back Black designers.
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Broadway’s ‘MJ’ Gets a Box Office Bump After the Tony Awards
Activists Do Activism on Each Other
Big Tobacco’s Investment in Juul Is Going Up in Vapor
Stakeholder Capitalism Isn’t Working as Planned
The NBA Turns to Africa to Fuel Basketball’s Next Era of Growth
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Emmanuel Macron Wants to Pay Workers a Dividend
Congress Alleges Commanders Owner Dan Snyder Conducted a ‘Shadow’ Probe
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Senators Ask Powell to Alter Fed-Pick Process to Boost Diversity
Trudeau’s Oil Pipeline Is a ‘Net Loss’ for Taxpayers, Watchdog Says
Big Oil and Environmental Groups Unite to Oppose Biden’s Gas Gambit
How the New York Loft Reclaimed Industrial Grit as Urban Luxury
White House Hopes New Funding Will Deter Clearing Homeless Encampments
NYC Jails Report Second Death in Two Days as Safety Calls Mount
Once-Dull Crypto Strategies Are Now Shining in the Bear Market
Mystery Surrounds $500 Million Outflow From Bitcoin ETF
Bitcoin Is Leading Indicator of Stock-Market Bottom, Mobius Says
Funding round comes during downturn that’s hit crypto startups
Source: Magic Eden

Magic Eden, a marketplace for nonfungible tokens on the Solana blockchain, saw its valuation surge in a fresh funding round despite a slowdown in private investing and a cratering cryptocurrency market.
Investors have plowed a fresh $130 million into the startup at a $1.6 billion valuation – a roughly tenfold valuation increase since March, according to Avichal Garg, managing partner at Electric Capital and an investor in both rounds. Although that’s a startling pop even by boom-time standards, Garg said he invested because he believes the company will ultimately be worth much more.


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