Sutian Dong, partner at Female Founders Fund, discusses the company's investment in female-led businesses and some of the struggles women face when seeking venture capital funding.
Dong says Female Founders Fund focuses on New York City start-ups and other unique start-ups. Each year, the company receives requests from over a thousand companies that want support. But Female Founders Funds is only able to invest in about six to eight new businesses each year.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.
The Senate passed a stopgap funding bill that will finance the government through December 3. The bill now moves onto the House where it is expected to pass as well.
On Monday, the FBI unveiled a report showing a 30 percent increase in homicides in 2020. Cheddar's Chloe Aiello looks into the bureau's numbers that show a steep increase in gun violence amid the growing pandemic.
