Michael Seibel Becomes Reddit's First Black Board Member After Alexis Ohanian's Resignation

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Michael Seibel Becomes Reddit's First Black Board Member After Alexis Ohanian's Resignation

Y Combinator CEO Michael Seibel is Reddit’s newest board member, the company announced on Wednesday, after co-founder Alexis Ohanian resigned on June 5 and asked to be replaced by a black candidate amid global anti-racism protests. TechCrunch …
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Weak demand keeps US inflation subdued

WASHINGTON (Reuters) – U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand for goods and services remained subdued amid a recession caused by the COVID-19 pandemic. FILE PHOTO: An employee …
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Starbucks transforming stores for post-coronavirus world: Here's what to expect

Hundreds of Starbucks stores are getting new customer service options or formats over the next 18 months. Facebook; Twitter; Comments; Print; Email. By Thomas BarrabiFOXBusiness. close. Fox Business Briefs: Starbucks will continue to cut employee hours …
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$130 Billion Waits for Small Businesses After Initial Relief Loan Frenzy

In April, when the federal government offered $349 billion in loans to small businesses reeling from government shutdown orders in the pandemic, the funding ran out in just 13 days, prompting Congress to swiftly approve a second round of $310 billion.
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If you're looking to refinance your mortgage, avoid these roadblocks

If you’re struggling to pay your mortgage due to the economic fallout from the coronavirus, you’re not alone. More than 4.1 million homeowners have taken advantage of government or private lender relief programs, like the CARES Act, opting to put their …
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