Y Combinator is backing Ares Industries, a defense company that builds “low-cost cruise missiles.” It previously avoided the defense market.
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A federal appeals court upheld the “TikTok Ban” that would force China-based ByteDance to sell its app next month or face exile from the US.
The market’s sunny optimism, set against wintry December, will face a Game of Thrones-like test this Wednesday: an inflation report is coming.
What this means, however, is that the next time American markets tumble, it won’t just be America’s problem.