A CEO from an alternative trading platform, Kelly Rodriques, is determined to shake up private equity investing and provide a solution for the stagnating initial public offering market. In collaboration with Accuidity, Forge Global launched the Forge Accuidity Private Market Index in the recent spring – a move that aims to offer a more accessible
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The Covid-19 pandemic has revealed both strengths and weaknesses in the American economy, and one sector that has been particularly affected is child care. As day cares closed their doors and schools shifted to virtual learning, parents were left struggling to balance work and childcare responsibilities. Although the employment levels in the child care sector
Cricket may not be as mainstream in the United States as it is in other parts of the world, but that hasn’t stopped high-profile CEOs and investors from trying to change that. With the Men’s T20 Cricket World Cup being co-hosted by the U.S. for the first time, nearly a billion dollars have been invested
The recent passage of legislation in New York to restrict social media platforms from exposing addictive content to users under the age of 18 without parental consent marks an important step in addressing the risks that children face online. The bills are aimed at curbing the negative impact of excessive social media use on adolescent
The Food and Drug Administration (FDA) has recently extended the approval of GSK’s respiratory syncytial virus (RSV) vaccine, Arexvy, to include adults between the ages of 50 to 59 who are at heightened risk of severe illness from the potentially deadly virus. This marks a significant milestone as the first-ever vaccine endorsed by the FDA
The U.S. economy generated about 272,000 jobs in May, significantly surpassing analysts’ expectations of 185,000. This unexpected surge in job creation led to concerns among investors that the Federal Reserve may delay interest rate cuts. As a result, the benchmark S&P 500 experienced fluctuations in the immediate aftermath of the report, with U.S. Treasury yields
In December 2023, the prevailing sentiment in the market was that there would be a series of rate cuts in 2024. However, Scott Kleinman, the Co-President of Apollo Asset Management, had a different perspective. He made a contrarian call by betting against any rate cuts in the upcoming year. This decision has proven to be
Chinese electric car manufacturer, Nio, is gearing up to expand its operations to the Middle East, according to CEO William Li. The company, which was founded nearly a decade ago, has seen significant growth and is now eyeing international markets. Nio’s expansion is in response to increasing competition in the global electric car market, with
China’s exports saw a significant increase in May, marking the second consecutive month of growth. This growth, which amounted to a 7.6% year-on-year increase in export value, signifies that factory owners in China are successfully finding buyers overseas. These positive export figures have provided some relief to the economy as it continues to strive for
It was recently announced that Suzanne Collins will be releasing another Hunger Games novel, set to debut on March 18, 2025. With this exciting news, it comes as no surprise that Lionsgate has given the green light for another movie in the franchise. The film adaptation of the upcoming prequel, titled “The Hunger Games: Sunrise
Ramp, the rapidly growing expense management company valued at $7.65 billion, has recently announced its foray into the realm of business travel through a strategic partnership with Booking Holdings’ Priceline. This innovative product, named Ramp Travel, leverages the power of artificial intelligence and automation to revolutionize the process of booking and managing expenses related to
Rivian Automotive has recently announced the redesign of its all-electric R1 pickup and SUV models, with a focus on improving range, performance, and computing power. Despite the 2025 model-year vehicles looking similar outwardly to the current models, Rivian has made significant changes to over half of the hardware components in the second-generation products. In addition,
Nvidia, a company at the forefront of generative artificial intelligence, saw its shares surge by 5% to $1,224.40 on Wednesday, reaching a remarkable milestone of a market cap above $3 trillion for the first time. This achievement comes as investors eagerly seek to invest in a company that has been driving the boom in AI
Boeing’s recent launch of its Starliner capsule with astronauts on board marks a significant milestone in the company’s efforts to certify the spacecraft for NASA missions to the International Space Station. The launch, which took place on Wednesday, was the culmination of a series of delays and setbacks that have plagued the Starliner program. Despite