Economy faces a bumpy ride as it enters healing phase, economist Michelle Meyer says

The U.S. economy has entered the third stage of the coronavirus pandemic called the "healing phase," according to economist Michelle Meyer. The first and second phases occurred when businesses shut down and then started to reopen. The economy faces a bumpy ride as it tries to heal from the shock of the coronavirus recession, according […]

Senate HEALS Act includes another $1,200 stimulus check—here's who would qualify

Senate Majority Leader Mitch McConnell (R-Ky.) announced the Health, Economic Assistance, Liability Protection and Schools, or HEALS, Act Monday night, the upper chamber's long-awaited coronavirus stimulus package. The $1 trillion bill includes an extra $200 per week in unemployment insurance, down from $600 in the earlier CARES Act, and more money for schools, among other […]

Could US COVID-19 Deaths Top 2,000 a Day?

A growing number of scientists believe that the increase in daily deaths due to COVID-19 in America is not over. So far, it has moved above 1,000 a day. Social distancing remains scattered, and many adults still do not wear masks. The extent to which people do not protect themselves and others appears to drive […]

Top Republicans share details about the next coronavirus stimulus, including more checks for people, loans for small businesses, and $105 billion to reopen schools

Senate Majority Leader Mitch McConnell said the next coronavirus rescue package would focus on "kids, jobs, and healthcare." He promised more checks to people and forgivable loans for small businesses.  Democrats slammed Republicans, saying they were being left out of planning talks.  For more stories like this, sign up here for our healthcare newsletter, Dispensed. […]

Research shows that VCs have stopped pushing founders into workaholism to achieve hypergrowth during the pandemic — but one VC says it won't last

The horrors of the pandemic could have a silver lining for startup founders: The turbulent economy has investors focusing more on sustainable cashflow, meaning less pressure on achieving hypergrowth, according to research from executive coach the Jocelyn Kung. Silicon Valley is famous for its "hustle culture," as founder-turned-VC Mac Conwell describes it —which caused him […]

Mayfield's newest partner Arvind Gupta staked his whole career on 'climate change being real,' and is now challenging other VCs to step up investing in 'conscious capital'

IndieBio founder Arvind Gupta joined VC firm Mayfield as a partner on Wednesday. He will continue investing in biotech startups at Mayfield, but he is also planning to focus on an area he calls "planetary health." At the biotech accelerator IndieBio, Gupta helped founders, primarily scientists and academics, get their young companies off the ground […]