Goldman Sachs Goes Dutch in $1.9 Billion Deal
Goldman Sachs Group Inc. agreed to buy the asset-management arm, NN Investment Partners (NNIP), of Dutch insurer, NN Group N.V. in a $1.9 billion deal.
Senate Bill Puts the Brakes on Dominance of Rival Tech Giants’
Bipartisan Senate Bill Targets Tech Giants’ Dominance to Increase App Store Competition. The...
Big Banks In The US Are Cashing In On Credit To Rich
Big banks in the United States are cashing in on credit extended to wealthy individuals. The credit extended by the wealth management...
PayPal Welcomes Third-party Cryptocurrency Withdrawals
PayPal has outlined plans to open a gateway for third-party wallet transfers. This will allow the platform's users to move cryptocurrencies out...
CPI Shows U.S. Inflation Rose to 13-year High in April
The consumer price index (CPI) rose by 0.8% to match its largest monthly increase, the U.S. Labor Department reported on May 12....
Treasury Secretary Yellen: Interest Rates May Have to Rise to Keep U.S. Economy from...
On May 3, Treasury Secretary Janet Yellen said that interest rates may have to rise in order to keep the growing U.S....
OCC Conditionally Approves Charter for Paxos National Trust
Paxos, a stablecoin issuer and blockchain startup, has become the third crypto-native company to obtain a federal trust from the Office of...
Fed’s Powell: Cryptocurrencies Are ‘Vehicles for Speculation’
Cryptocurrencies are primarily for making bets on price increases and have not reached the status of payment mechanisms, Federal Reserve Chairman Jerome...
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Fed Chair Powell: US Economy At An ‘Inflection Point’
Federal Reserve Chairman Jerome Powell said the US economy is at an "inflection point" and that growth and job creation will most...
Recent Articles
KKR Buys Japan’s Largest Storage Tank Operator
New York-based investment firm Kohlberg Kravis Roberts (NYSE: KKR) has signed an agreement to buy Japan's Central Tank Terminal (CTT). KKR will buy the Japanese chemical...
Supply Chain Woes Lead to Higher Post-Pandemic Costs
Supply chain woes lead to higher costs. Results from Procter & Gamble Co, Danone SA, and Ericsson show higher costs and supply chain disruptions. Therefore,...
Rent the Runway Struts into $1.7 Billion Valuation
Rent the Runway struts into a $1.7 billion valuation. This comes after its shares opened nearly 10% above their IPO price. Goldman Sachs...
EQT Ventures Backs Innovative Blockchain Startup Moralis
Blockchain application development platform Moralis raised $13.4 million in its latest seed funding round. Additionally, this seed funding round was primarily led...
Appian Cashes in on Brazilian Mining Assets After South African Buyout
Appian Capital Advisory LLP sold two of its Brazilian mining companies to South African-based Sibanye-Stillwater. The companies, Atlantic Nickel and Mineração Vale...
Most Popular
Spiceology Earns $4.7M in Series A Funding
Spiceology recently announced the closing of $4.7M in series A funding. The spice company boasts over 250 salts, spices, and chilies as...
CPI Shows U.S. Inflation Rose to 13-year High in April
The consumer price index (CPI) rose by 0.8% to match its largest monthly increase, the U.S. Labor Department reported on May 12....
Fragrant Outlook as Italy’s Intercos Plans IPO, Buoyed by Strong Influencer Love
Intercos, Italy's biggest make-up supplier, plans to launch its initial public offering (IPO) in either October or November. Due to the COVID-19...
Citibank Launches Environmentally-Friendly Green Deposits for Consumer
Citibank launched Green Deposit last month to provide customers enhanced yield on environmentally conscious deposits. The Green Deposits are aimed at environmentally...
Prince Harry and Meghan Join the ESG Boom with Ethic
Prince Harry and Megan, the Duchess of Sussex, are joining fintech asset manager Ethic as impact partners. Ethic advises clients on investing...
