Emily Ricks
Monday, March 30, 2020
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Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the coronavirus becoming a global pandemic and the knock-on effects to global supply chains and consumer spending. […]
Satellite-based data and analytics provider, Spire Global, announced that it has received over $40 million in a new round of funding.