business
MacKenzie Scott Donates $70 Million to UNCF: A Major Push Towards Raising $1 Billion for Minority Students In a significant move towards promoting diversity and inclusion in education, billionaire philanthropist MacKenzie Scott has donated a whopping $70 million to the United Negro College Fund (UNCF), the nation's largest
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# The Shaky Path: A Look into the MBA-to-VC Pipeline The prestigious MBA-to-VC pipeline has always been a highly sought-after route for aspiring venture capitalists. Many students dream of trading in their business cases and financial models for a life of startup investing, but is this path as secure as it
business
Asian Shares Rise as Wall Street Rally Lifts Mood In a positive turn for global markets, Asian shares rose on Monday, driven by a strong rally on Wall Street. The Japanese market also benefited from easing concerns about the Bank of Japan's plan to offload its massive exchange-traded
business
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business
Asia-Pacific Markets React to Wall Street Gains and China's Lending Rate Decision The Asia-Pacific markets began the week with a mixed tone on Monday, as investors digested the latest developments from the United States and China. The stock market in the region was influenced by Friday's
business
Colorado Cannabis-Based Sleep Aid Companies Face Consequences for Non-Compliance In a significant development, three companies involved in the production and distribution of a cannabis-based sleep aid will be forced to cease operations in Colorado following a settlement and fine that resolve a lawsuit filed by the state. The lawsuit, which
business
Italy and France Set to Follow European Trend on Budget Deficits In recent years, the European Union has been focused on reducing budget deficits among its member states. Italy and France, two of the largest economies in the region, are now projected to follow suit. Italy's Projected Budget
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BOND MARKET REACTS TO INFLATION EXPECTATIONS AND SUPPLY OF NEW BONDS The bond market has sent a clear signal that investors are more focused on inflation expectations and the supply of new bonds, rather than the Federal Reserve's policy rates. This shift in focus is evident in the
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Revolutionary Breakthrough in Sodium-Ion Battery Technology In a groundbreaking discovery, scientists have found that scandium doping can significantly enhance the performance and structural integrity of sodium-ion batteries. This breakthrough has the potential to transform the energy storage landscape, making these batteries a viable alternative to traditional lithium-ion batteries. What are
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Treasury Yields Surge Despite Fed Rate Cut: What Does It Mean for Investors? In a surprising turn of events, longer-term Treasury yields increased this week, defying expectations that the recent Federal Reserve interest rate cut would lead to a decrease in bond prices. The 10-year Treasury yield, which is widely
business
Google's Ad Exchange at the Center of Antitrust Investigation In a significant development, the United States Department of Justice (DOJ) has announced that it requires Google to divest its ad exchange business as part of an effort to address concerns about the tech giant's dominance in
business
# The Evolution of Luxury Rewards Cards: A Year in Review The world of high-end rewards credit cards has undergone significant changes in recent years. Two of the most coveted luxury cards, the American Express Platinum Card and the Chase Sapphire Reserve, have received substantial updates to their benefits, features, and