Axios

As the Trump administration’s March 1 deadline for a trade deal with China approaches, with another Xi–Trump summit to follow, it seems almost impossible that a comprehensive agreement will be reached in time. The likely outcome is a punt that defers tariff increases in exchange for ongoing Chinese purchases of U.S. soy and energy.

Reddit announced Monday that it has raised $300 million at a $3 billion valuation, up from a $1.8 billion valuation in 2017, when the company took in a $200 million investment.

Since President Trump took office, attacks on the media have been his go-to strategy at rallies, on Twitter and elsewhere.

Driving the news: A BBC cameraman was shoved on the media platform by a Trump supporter who then hurled explicit insults at the press during Trump's rally in El Paso, Texas, on Monday. The BBC's Washington correspondent called the incident "an incredibly violent attack," highlighting the fact that Trump's anti-media rhetoric is "a constant feature of these rallies."

The one thing that could change the low-pay, low-inflation dynamic, AFL-CIO's chief economist Bill Spriggs argues, is government intervention.

What he's saying: "Firms have decided, 'Why do I need to give you more than a 1 or 2% raise? The prices are running 1–2% higher, what's your problem?' The other problem we have is low inflationary expectations make it very hard to re-inflate the economy — you just can’t get out of the rut."

Wages are rising, employees are unionizing on social media and going on strike, and businesses are starting to worry about labor costs. But there's little reason for shareholders to fret and little reason for employees to be excited because the big picture hasn't changed.

What's happening: U.S. inflation figures due this week will likely show that wages continue to stagnate and inflation is holding in the 1.5%–2.5% range it has been in for most of the past 10 years.

Ron Skeans, a BBC cameraman, was shoved on the media platform by a Trump supporter who then hurled explicit insults at the press at President Trump's rally in El Paso, Texas on Monday, the BBC reports.

Driving the news: Per Bloomberg, BBC Washington correspondent Gary O'Donoghue told BBC Radio 4's "Today" that it was "an incredibly violent attack," adding that Trump's anti-media rhetoric is "a constant feature of these rallies." In a statement, the BBC said that Trump "could see the incident and checked with us that all was okay. It is clearly unacceptable for any of our staff to be attacked for doing their job."

Thursday afternoon Axios hosted a conversation at UPenn on gender parity and equal opportunity in the workplace.

Why it matters: Students heard from business leaders and women's equality activist Lilly Ledbetter, learning how everyone plays a role in making the workplace both fair and inclusive.

Alan Patricof, Venture Capitalist

Alan Patricof, the Co-Founder and Managing Director of venture capital firm Greycroft, discussed how he approaches hiring in an industry notorious for its lack of gender and racial diversity.

• "We have a very open-minded hiring policy. We just hire the best people. We don't have quotas we're trying to establish," said Patricof, who has started two VC firms where the first hire of each was a woman.

Editor's note: Greycroft is an investor in Axios.

Samantha Saperstein, JPMorgan Chase & Co. Executive

As the head of JPMorgan Chase & Co.'s Women on the Move initiative, Samantha Saperstein spoke about what companies can and should do to overcome institutionalized gender bias.

• Women on the Move "helps female owned small businesses get access to capital ... and helps female consumers improve their financial health and savviness. We see women say they don't have the confidence to manage their finances but often they're CFOs of their own households."
• The 30-5-1 rule. JPMorgan Chase & Co. encourages everyone to spend "30-minutes a week with an up-and-coming woman, 5 minutes talking to another woman about a recent accomplishment she had, and 1 minute talking to someone else about that great woman's accomplishment."
• Using data. "We're very data driven. It allows us to make the business case for diversity."

Steph Korey, Entrepreneur

Steph Korey, who is the CEO and Co-Founder of the hit direct-to-consumer travel company Away, told us about her experience growing a disruptive brand and what advice she has to women looking to breakthrough.

• Away's reasoning and approach to female mentorship: "I think women have historically been conditioned to not ask for things or to not ask for help ... when men tend to advocate for themselves more. [At Away] we make a concerted effort to mentor and sponsor women across the company who have that leadership potential."
• The importance of voicing your accomplishments. "You're not doing yourself or the company a favor by not making the company aware of the great job you're doing. You won't get more responsibilities and opportunities that are ultimately good for you and the business."

If you're not failing, you're not swinging big enough.

Lilly Ledbetter, Women's Equality Activist

In 2009, the Lilly Ledbetter Fair Pay Act became the first bill President Obama signed into law. It took 11 years from the time Ledbetter filed her initial gender discrimination complaint against Goodyear for her to get retribution. She joined us to tell her story.

• "I received an anonymous note telling me I was being paid 40% less than my male counterparts for doing the exact same job ... I was just humiliated," said Ledbetter, who then filed a complaint that eventually made it to the Supreme Court. Her case was shot down, but Justice Ginsberg's powerful dissent spurred Congress to enact the the Lilly Ledbetter Fair Pay Act two years later.

There are still so many trails out there for you to blaze.

Thank you JPMorgan Chase & Co. for sponsoring this event

The traditional "IPO window" for tech companies has been shattered, says Scenic Advisement, a San Francisco-based investment bank that works with private companies.

Why it matters: Trends like staying private longer and raising more money before going public have changed the equation, and we'll see a wider variety of approaches instead of one-size-fits-all.

New analysis shows that U.S. tariffs on Chinese goods are chipping away at the trade deficit with China.

But there are other questions to answer when it comes to whether the tariffs are having their desired effect.