Cis­co’s $28 bil­lion Splunk deal is like­ly to spark a surge in soft­ware acqui­si­tions. Splunk had been in the process of shift­ing its busi­ness mod­el from soft­ware licens­ing to sub­scrip­tions before it announced its sale agree­ment to Cis­co last week,…

Amazon.com Inc., the glob­al e‑commerce giant, announced on Mon­day a sub­stan­tial invest­ment of up to $4 bil­lion in the high-pro­­file start­up Anthrop­ic, an emerg­ing play­er in the field of arti­fi­cial intel­li­gence and a poten­tial rival to Chat­G­PT devel­op­er Ope­nAI. As…

The vio­la­tion of seafood Haz­ard Analy­sis and Crit­i­cal Con­trol Point (HACCP) reg­u­la­tions has raised con­cerns in both Hawaii and Cal­i­for­nia, as the Food and Drug Admin­is­tra­tion (FDA) takes action against two seafood firms.  In Hawaii, Amor Nino Foods, Inc. faces…

The after-effect of Square’s recent out­age has sent shock­waves through sev­er­al busi­ness­es in Port­land, Ore­gon. The pop­u­lar cred­it card trans­ac­tion ser­vice ‘Square’ crashed for more than 24 hours this week. This unfore­seen dis­rup­tion left many entre­pre­neurs grap­pling with prof­it losses…

Small busi­ness grants have already proven vital in empow­er­ing genius entre­pre­neurs from var­i­ous com­mu­ni­ties. Here are addi­tion­al grant oppor­tu­ni­ties now in the US for dif­fer­ent sec­tors, includ­ing women-owned busi­ness­es: StartHER TWU Grants: Texas Wom­an’s Uni­ver­si­ty’s Cen­ter for Women Entre­pre­neurs is…

Chevro­let’s “Step Up” ini­tia­tive has sup­port­ed Black-owned busi­ness­es in recog­ni­tion of Black Busi­ness Month. The Amer­i­can auto­mo­bile divi­sion of the man­u­fac­tur­er Gen­er­al Motors has cre­at­ed a pos­i­tive impact on com­mu­ni­ties by award­ing five excep­tion­al entre­pre­neurs a $20,000 dona­tion each. Through…

Mas­ter­card Inc. the sec­ond-largest pay­­ment-pro­cess­ing cor­po­ra­tion world­wide, announced on Thurs­day a part­ner­ship with India-based sup­ply chain finance plat­form, KredX. The col­lab­o­ra­tion aims to reshape busi­­ness-to-busi­­ness (B2B) dig­i­tal pay­ments by sim­pli­fy­ing the intri­ca­cies that fre­quent­ly crop up dur­ing these trans­ac­tions, such…

Sav­ings accounts have dis­played an grow­ing pop­u­lar­i­ty as a real­is­tic invest­ment option. This resur­gence comes after years of neglect due to his­tor­i­cal­ly low annu­al returns fol­low­ing the Great Reces­sion.  And, with the Fed­er­al Reserve embark­ing on an assertive tight­en­ing campaign…

Investors are exhibit­ing signs of AI fatigue, as tech­nol­o­gy stocks expe­ri­ence their first down­turn in near­ly three months, as report­ed by Bank of Amer­i­ca Glob­al Research on Fri­day. In the week end­ing Wednes­day, investors redi­rect­ed their invest­ments towards cash, equities,…

A recent report has revealed the largest drop in Asi­a’s ultra-rich pop­u­la­tion com­pared to North Amer­i­ca and Europe. The data from Altrata’s report, regard­ing a con­ti­nent known for its rapid eco­nom­ic growth and bur­geon­ing afflu­ence, is star­tling.  In the year…

The Van­guard Group, Inc., an Amer­i­can reg­is­tered invest­ment advi­sor based in Malvern, Penn­syl­va­nia, has sug­gest­ed a nov­el strat­e­gy capa­ble of adding at least $100,000 or more to your retire­ment sav­ings. This smart strat­e­gy cen­ters on using the hid­den val­ue in…

Chi­na’s Ten­cent Hold­ings, the own­er of the WeChat plat­form, launched a large AI mod­el, Hun­yuan, on Thurs­day, emerg­ing as a heavy­weight com­peti­tor to lead in the AI indus­try. This has set the stage for a clash of tech­no­log­i­cal titans, including…

Gen Z stands out with 87% active­ly par­tic­i­pat­ing in the mar­ket in 2023, com­pared to 68% of mil­len­ni­als (ages 27 to 42). Gen X and baby boomers trail far behind at 38% and 35%, respec­tive­ly, with the over­all Amer­i­can investor aver­age rest­ing at 52%. 

Pres­i­dent Joe Biden’s recent vis­it to Flori­da in the after­math of Hur­ri­cane Idalia brings atten­tion to the urgent need for increased FEMA fund­ing. As Biden stood before a dam­aged home in Live Oak, Flori­da, he empha­sized the rare sever­i­ty of…

Investors are grow­ing increas­ing­ly con­cerned about the finan­cial sta­bil­i­ty of Amer­i­can con­sumers as ris­ing stu­dent loans and cred­it card debts take their toll. Despite a strong labor mar­ket with his­tor­i­cal­ly low unem­ploy­ment rates, there are signs that con­sumer stress is…

The Unit­ed States is report­ed to be expe­ri­enc­ing a sig­nif­i­cant surge in the unem­ploy­ment rate, which rose sharply to 3.8% in August, even as the econ­o­my added 187,000 new jobs to the work­force. The Bureau of Labor Sta­tis­tics’ report on…

Investors eager­ly await the August jobs report, set to release at 8:30 a.m. ET, while stock futures reflect cau­tious opti­mism. Econ­o­mists, as cit­ed by The Wall Street Jour­nal, project the addi­tion of 170,000 work­ers for the month, mark­ing the lowest…

Recent times have wit­nessed an upsurge in the stud­ies aimed at deter­min­ing the required earn­ings for indi­vid­u­als to ensure a respectable stan­dard of liv­ing across the diverse land­scape of the Unit­ed States. A recent study has ignit­ed keen inter­est in…

The impend­ing oblig­a­tion to repay stu­dent loans is set to shape the career tra­jec­to­ries of the Class of 2024 amid the evolv­ing post-pan­dem­ic eco­nom­ic land­scape. As stu­dent loan inter­est resumes on Sep­tem­ber 1 and pay­ments come due in Octo­ber, Hand­shake’s…

Main­ly tempt­ed by fast-food com­mer­cials, the aspi­ra­tions of young investors to retire ear­ly are akin to suc­cu­lent promis­es that might not mate­ri­al­ize. Recent data from the World Eco­nom­ic Forum reflects the same, reveal­ing that a sub­stan­tial 44% of retire­ment savers…

In what could be char­ac­ter­ized as one of the most remark­able bank fraud cas­es in the his­to­ry of Nebras­ka, the estate of the late Lin­coln busi­ness­man Aaron Marsh­banks faces cer­ti­fied claims exceed­ing $30 mil­lion. Marsh­banks, aged 45, was found unresponsive…

Mount­ing trade bar­ri­ers, aging pop­u­la­tions, and the tran­si­tion to renew­able ener­gy sources are increas­ing­ly blend­ing to inten­si­fy the chal­lenge of man­ag­ing infla­tion. This fusion of such unwel­com­ing fac­tors threat­ens to strain the efforts of cen­tral banks, par­tic­u­lar­ly the Fed­er­al Reserve,…

Chi­nese elec­tric vehi­cle (EV) man­u­fac­tur­er Build Your Dreams (BYD) Co. Ltd announced on Mon­day its acqui­si­tion of Jabil Inc’s Sin­ga­pore­an divi­sion’s mobil­i­ty busi­ness in Chi­na for $2.17 bil­lion, as report­ed by Reuters. The deal is expect­ed to bol­ster BYD’s strategic…

US mort­gage rates have indeed reached 22-year highs; the nation­al aver­age 30-year fixed mort­gage rate is 7.59%, and the 15-year fixed mort­gage rate is 6.86%, cre­at­ing a chal­leng­ing envi­ron­ment for poten­tial home­buy­ers. In response to this sit­u­a­tion, Zil­low Group, Inc.,…

U.S. stock futures final­ly exhib­it sta­bil­i­ty on Fri­day, poised for Fed­er­al Reserve Chair Jerome Pow­ell’s eager­ly antic­i­pat­ed address tak­ing place in near­ly five hours. The Dow Jones Indus­tri­al Aver­age futures (YM00, 0.23%) rose 62 points, or 0.2%, reach­ing 34202. Mean­while, the…

The U.S. dol­lar has ascend­ed to a peak not wit­nessed in over two months, poised for its sixth con­sec­u­tive week of advance­ment. . This surge is par­tic­u­lar­ly dri­ven by the care­ful pref­er­ences of investors, who are seek­ing shel­ter with­in the…

As the Jack­son Hole retreat approach­es on Fri­day, a sense of uncer­tain­ty and appre­hen­sion looms over the mar­kets. Fed­er­al Reserve Chair­man Jerome Pow­ell’s pri­or speech­es have dis­played his flex­i­bil­i­ty in pol­i­cy agen­das, but this year, the indi­ca­tors sug­gest a different…

S&P Glob­al’s deci­sion on Mon­day to down­grade cred­it rat­ings for a num­ber of US banks and revise their out­looks under­scores the com­plex oper­a­tional chal­lenges that have engulfed the nation’s finan­cial sec­tor. The move fol­lows a sim­i­lar action tak­en by Moody’s…

The recent surge in U.S. Trea­sury yields has cap­tured the mar­ket’s atten­tion, as they ascend to lev­els not wit­nessed in a decade. Simul­ta­ne­ous­ly, Euro­pean equi­ties have rebound­ed from a six-week nadir, and the Nas­daq Com­pos­ite has surged over 1% in…

Nature is wit­ness­ing the esca­la­tion of warm weath­er and the con­cur­rent rise in the cost of liv­ing, prompt­ing Amer­i­can house­holds to skill­ful­ly nav­i­gate the intri­cate inter­play between the con­se­quences of cli­mate change and their own finan­cial sta­bil­i­ty.  The reper­cus­sions of…

For more than eight decades, Forsyth Barr has been a trust­ed name among New Zealan­ders seek­ing pro­fes­sion­al invest­ment advice and ser­vices. The inno­v­a­tive Tem­po App stands apart from reg­u­lar invest­ment plat­forms by har­mo­nious­ly inter­twin­ing cut­t­ing-edge tech­nol­o­gy and astute finan­cial guidance,…

While investors are feel­ing unease due to surg­ing gov­ern­ment bond yields and eco­nom­ic stag­na­tion, glob­al stocks find them­selves stuck near five-week lows on Tues­day. Chi­na’s piv­otal rate cuts and dis­ap­point­ing eco­nom­ic indi­ca­tors have fur­ther ampli­fied con­cerns, while Rus­si­a’s Cen­tral Bank’s…

The recent $1.4 bil­lion set­tle­ment between UBS and U.S. author­i­ties is more than a finan­cial trans­ac­tion; it’s a water­shed moment that has the poten­tial to uplift glob­al bank­ing account­abil­i­ty stan­dards.  The set­tle­ment, which stems from UBS’s alleged mis­rep­re­sen­ta­tion of mortgage-backed…

The Japan­ese yen, hav­ing breached the cru­cial 145 mark against the dol­lar, has incit­ed antic­i­pa­tions of a poten­tial inter­ven­tion by the Bank of Japan (BOJ).

Dur­ing this two-week down­turn, the Nas­daq-100 reg­is­tered a 4.6% retreat, cul­mi­nat­ing in a decline of 0.7% on Fri­day. This rep­re­sents the most sig­nif­i­cant set­back since Decem­ber 23, when the index encoun­tered a 5% pullback.

To fur­ther both its eco­nom­ic revival and com­mit­ment to sus­tain­able devel­op­ment, Pres­i­dent Luiz Ina­cio Lula da Sil­va has intro­duced a sub­stan­tial $350 bil­lion infra­struc­ture invest­ment plan for Brazil.