Rochdown Council has established a rainy-day fund to cover the costs of providing a range of support services including food banks and childcare services to flood-affected residents.The Rochford Fund will be set up by the Rochworth Estate Office, which has been running a crisis-relief programme since Monday.Council chief executive Mark Wright said the funds would…
Investors are worried about the Federal Reserve raising interest rates in January, but the markets are largely bullish on the U.S. economy, according to a new report.The Federal Reserve on Monday raised its benchmark interest rate by a quarter of a percentage point to 0.75 percent, bringing its benchmark rate for the first time in…
SoftBank’s new venture fund, the SMA, is a new way for SoftBank to invest in emerging technologies and companies, but that doesn’t mean it can’t be a tough sell for the rest of the world.The SMA’s aim is to take on more than just technology and focus on its core business of investing in startups…
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