Arielle Zuckerberg has left Coatue Management, where she helped launch an early-state investing effort in 2018, to become a partner with Long Journey Ventures. Behind the scenes: Zuckerberg tells Axios that Long Journey’s Lee Jacobs recruited her during a walk last year in San Francisco, and that “it hit me

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After hitting record highs last year, U.S. steel prices are now rolling over fast, a possible sign of light at the end of the inflation tunnel. Why it matters: Prices for commodities — which are key contributors to the current inflationary surge — typically filter into consumer prices over time.

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We produce and we consume. That is the central fact of what an economy is. Both are essential to well-being — having a job with good pay in return for producing, and having access to the things we wish to buy at reasonable prices. Right now, though, it is Americans’

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“Oh my yes!” That’s what real estate consultant John Affleck told Axios when asked if rent increases like the ones in the chart above were unusual. State of play: From 2015–2019, the average annual rent growth across major markets was 3.5% — but in 2021 it was 13%, said Affleck,

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Trevor Noah, host of “The Daily Show” on Comedy Central, has been named this year’s entertainer for the White House Correspondents’ Association dinner on April 30. The big picture: It will be the first WHCA dinner since 2019 and will “offer the first opportunity since 2016 for the press and

 995 Views

Securities and Exchange Commission chairman Gary Gensler said he’s working with other commissioners on details of a draft climate risk disclosure mandate — and he’s dropping fresh hints about its direction. Why it matters: The rule is part of a wider push by Biden-appointed financial regulators to expand analysis and disclosure

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Lockheed Martin (NYSE: LMT) terminated its $4.4 billion agreement to buy Aerojet Rocketdyne (NYSE: AJRD), following opposition from the U.S. Federal Trade Commission. Why it matters: FTC chair Lina Khan is now two-for-two in merger block attempts, following Nvidia bailing on Arm, without having to make her case in court.

 954 Views

The U.S. IPO market is in hibernation, thanks to a combination of macro volatility and nearly a year of poor performance. Why it matters: This is particularly true of large offerings. Just five U.S. IPOs in 2022 have raised at least $100 million, of which only one scored $1 billion.

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Crypto startup BlockFi agreed to pay $100 million to settle allegations from the SEC and state regulators that it illegally offered a product violating securities law. Why it matters: This is the largest-ever penalty against a cryptocurrency firm and the first in which a crypto company was charged with violating

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LOS ANGELES — This year’s Super Bowl, taking place in Los Angeles for the first time since 1993, has brought Hollywood back to life. Why it matters: After two years of movie delays and muted award shows, Tinseltown was desperate for a comeback. State of play: The game, taking place

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