In interviews, a dozen sources describe the Silicon Valley startup's rise and recent struggles to compete in the crowded wealth-tech space.
March 13, 2020   |   View Online »
 
SigFig raised $120 million on the promise of reinventing investing, but hasn't announced a big partnership in years. Here's how it went from deals with UBS and Wells Fargo to struggling to compete.

SigFig raised $120 million on the promise of reinventing investing, but hasn't announced a big partnership in years. Here's how it went from deals with UBS and Wells Fargo to struggling to compete.

Rebecca Ungarino | In interviews, a dozen sources describe the Silicon Valley startup's rise and recent struggles to compete in the crowded wealth-tech space.

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Goldman Sachs studied every bear market in stocks since 1835 — and concluded that 3 red flags make this coronavirus-driven one unlike any other in history

Goldman Sachs studied every bear market in stocks since 1835 — and concluded that 3 red flags make this coronavirus-driven one unlike any other in history

Akin Oyedele | The stock market's decline may persist because of these differences, Goldman's chief global equity strategist said.

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From execs to budtenders, over 2,800 people have lost their jobs in cannabis. We're keeping track of all the cuts across the industry here.

From execs to budtenders, over 2,800 people have lost their jobs in cannabis. We're keeping track of all the cuts across the industry here.

Jeremy Berke | Amid investigations, lawsuits, and slumping valuations, cannabis companies are reeling. To stay afloat, they're cutting workers.

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The US is sprinting to develop a coronavirus vaccine or treatment. Here's how 9 top drugmakers are racing to tackle the pandemic.

The US is sprinting to develop a coronavirus vaccine or treatment. Here's how 9 top drugmakers are racing to tackle the pandemic.

Andrew Dunn | The coronavirus pandemic has infected more than 120,000 people across the world. J&J, Gilead, and Regeneron are researching possible treatments.

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Video media startup The Recount just raised $13 million. Star venture capitalist Fred Wilson explained why he has backed it and how it could become a profitable, $200 million business in seven years

Video media startup The Recount just raised $13 million. Star venture capitalist Fred Wilson explained why he has backed it and how it could become a profitable, $200 million business in seven years

Lucia Moses | Wilson said a lot of people want their news in a video format but that there aren't a lot of media companies doing video news well for mobile.

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Shopify is giving its employees $1,000 to furnish their work-from-home setups with whatever gear they need because of the coronavirus

Shopify is giving its employees $1,000 to furnish their work-from-home setups with whatever gear they need because of the coronavirus

Paige Leskin | Shopify has directed all employees to work from home. And the company will let workers spend up to $1,000 to get the gear they need to do it.

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Coronavirus shock is pushing highly indebted 'zombie' companies toward financial ruin — and a risky $1 trillion market is already showing the damage a recession would do

Coronavirus shock is pushing highly indebted 'zombie' companies toward financial ruin — and a risky $1 trillion market is already showing the damage a recession would do

Akin Oyedele | A coronavirus-driven recession could trigger a "corporate subprime financial crisis," according to one expert.

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The coronavirus outbreak is pummeling the $2 billion sneaker resale market, from supply chain issues to declines in sales

The coronavirus outbreak is pummeling the $2 billion sneaker resale market, from supply chain issues to declines in sales

Shoshy Ciment | From fewer fakes to a drop in sales in China, here are the top five ways the coronavirus is impacting the sneaker resale market.

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Amazon says the Pentagon's decision to award the $10 billion JEDI contract to Microsoft was 'incurably tainted' amid President Trump's feud with Jeff Bezos

Amazon says the Pentagon's decision to award the $10 billion JEDI contract to Microsoft was 'incurably tainted' amid President Trump's feud with Jeff Bezos

Ashley Stewart,Benjamin Pimentel | Amazon hit back at the Pentagon in its dispute over a $10 billion contract, saying the Pentagon refused to explain why it went to rival Microsoft.

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Famed economist David Rosenberg called the housing bubble. Now he tells us why the oil-price war will be more damaging than the coronavirus — and outlines a scenario where stocks plunge another 13%.

Famed economist David Rosenberg called the housing bubble. Now he tells us why the oil-price war will be more damaging than the coronavirus — and outlines a scenario where stocks plunge another 13%.

Marley Jay | The market's plunge may be only half over, and the pain from a coronavirus/oil-shock recession might last for years, economist David Rosenberg said.

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