All Posts - Page 24 of 44

Buyout Barons Feast on the Excesses of the Last Boom

Buyout barons are finding inventive ways to capitalize on the legacy of cheap credit from the post-pandemic merger wave as interest rates rise. With the interest rate on high-yield loans doubling to 10% and private lenders charging about 12%, corporate...

July 21, 2023

Merchants Capital Achieves Remarkable Milestone by Raising $196.5 Million for Affordable Housing

Home Loan loans News US Economy

Merchants Capital Achieves Remarkable Milestone by Raising $196.5 Million for Affordable Housing

Merchants Capital, a leading financial institution headquartered in Indiana, has achieved a significant milestone by successfully closing Merchants Capital Tax Credit Equity Fund 15, L.P. (Merchants Fund 15). This fund represents the company’s largest and most diverse national fund to...

July 21, 2023

Downtown Brooklyn Embarks on a $40 Million Transformation for Safer Streets and Enhanced Public Spaces

News

Downtown Brooklyn Embarks on a $40 Million Transformation for Safer Streets and Enhanced Public Spaces

In an ambitious effort to enhance safety and revitalize public spaces, Downtown Brooklyn is about to witness a remarkable transformation. Led by Mayor Eric Adams, New York City is investing over $40 million in a series of initiatives aimed at...

July 21, 2023

Embracing Work-Life Balance: The Quiet Quitting Revolution

Economy

Embracing Work-Life Balance: The Quiet Quitting Revolution

In recent times, the concept of “quiet quitting” gained significant attention, especially on social media platforms like TikTok. The idea revolves around employees choosing not to invest excessive effort into their work and rejecting the notion of overcommitment to their...

July 21, 2023

Empowering Detroit’s Youth Through Venture For America’s Impact

Entrepreneurs

Empowering Detroit’s Youth Through Venture For America’s Impact

Wayne State’s conference room witnessed a display of inspiration and collaboration on Wednesday as recently graduated prospective entrepreneurs sought to turn their dreams into reality with the help of Venture For America (VFA) based in Detroit. VFA, a national nonprofit...

July 20, 2023

Billionaire Ken Griffin Acquires Palm Beach Property for $83M

Investors News

Billionaire Ken Griffin Acquires Palm Beach Property for $83M

Billionaire Ken Cordele Griffin, an American hedge fund manager, entrepreneur, and investor, has recently made a $83 million acquisition of a property on Worth Avenue in Palm Beach. This purchase is located adjacent to a former Neiman Marcus store, which...

July 20, 2023

Apple added $71 billion in market value on developing its ‘Apple GPT’ AI

APPL Investors News

Apple added $71 billion in market value on developing its ‘Apple GPT’ AI

Apple experienced a substantial surge in its stock price on Wednesday, jumping as much as 2.3% in a single day to a record high following a report on the company’s artificial intelligence (AI) ambitions. Earlier in the day, Bloomberg had...

July 20, 2023

Tesla to Invests $1B+ in Dojo Supercomputer, Musk Confirms

News

Tesla to Invests $1B+ in Dojo Supercomputer, Musk Confirms

Tesla, the renowned electric carmaker, is making a bold move into the world of supercomputing with an impressive investment of over $1 billion in its ambitious Project Dojo, as confirmed by CEO Elon Musk. The cutting-edge in-house supercomputer is designed...

July 20, 2023

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Economy News US Economy

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Connecticut’s labor department on Wednesday issued a warning regarding a disturbing surge in fraudulent unemployment claims, suspecting that a 75% of the daily claims received are deceptive. The surge in fraudulent activity is primarily attributed to a rise in identity...

July 20, 2023

First Half of 2023 Remained Bullish: Will the Trend Persist?

Market Analysis - Naked eyes

First Half of 2023 Remained Bullish: Will the Trend Persist?

The first half of 2023 has been marked by a remarkable bullish run in the US equity market, despite facing numerous challenges such as banking sector upheaval and economic concerns. The Nasdaq Composite, driven by the excitement around AI software...

July 20, 2023

Buyout Barons Feast on the Excesses of the Last Boom

Merchants Capital Achieves Remarkable Milestone by Raising $196.5 Million for Affordable Housing

Downtown Brooklyn Embarks on a $40 Million Transformation for Safer Streets and Enhanced Public Spaces

Embracing Work-Life Balance: The Quiet Quitting Revolution

Empowering Detroit’s Youth Through Venture For America’s Impact

Billionaire Ken Griffin Acquires Palm Beach Property for $83M

Apple added $71 billion in market value on developing its ‘Apple GPT’ AI

Tesla to Invests $1B+ in Dojo Supercomputer, Musk Confirms

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

First Half of 2023 Remained Bullish: Will the Trend Persist?

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