Justworks CEO on Expanding Its All-In-One Business Solution
Justworks recently closed a $40 million round of funding, and the human resources software platform is looking to expand its technology offering. The company's Founder and CEO Isaac Oates explains how Justworks plans to use this new funding for expansion.
"We are starting to think about new kinds of products that our customers are asking for," says Oates. "They talk about things like expense reports, different kinds of insurance."
Oates says he sees the biggest market opportunity in new cities Justworks is available in that include Dallas, Washington, D.C. and Los Angeles.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
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American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
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