Private Credit Firms Enter Consumer Debt as Risks Mount
π Key Facts β Private credit firms are piling into consumer debt. β Risk-taking is mounting in these financial activities. ...
Dec 23Financial TimeseconomicsImpact
π Key Facts β Private credit firms are piling into consumer debt. β Risk-taking is mounting in these financial activities. ...
π Key Facts β Digital asset funds saw $952 million in outflows last week β Outflows triggered by US regulatory delays β...
Nespresso opened a nearly 14,000 square-foot flagship in Manhattan. Alice Tecotzky I visited Nespresso's nearly 14,000 square-foot NYC store, which offers free coffee and a speakeasy. Between choosing...
π Key Facts β Wendy Rogers, an Arizona state lawmaker, proposed two bills and one resolution. β The proposals aim to allow Arizona vote...
π Key Facts β Jillian Richardson is a 31-year-old executive ghostwriter based in Brooklyn. β She helps leaders use humor to stand out o...
π Key Facts β Hilbert Group acquires Enigma Nordic for $25 million. β The deal expands Hilbert's systematic trading toolkit. ...
The Amsterdam office of the Boston Consulting Group in 2011. ictor/Getty Images Boston Consulting Group is investing heavily in developing new AI-based tools. Consultants at BCG have built tens of tho...
π Key Facts β Inversion Capital CEO Santiago Roel Santos argues against casino-like features in fintech prediction markets. β These fea...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
π Key Facts β Coinbase is buying The Clearing Company. β The acquisition expands into prediction markets. β It ...
π Key Facts β Apollo is cutting risks to prepare for market turmoil. β The firm is stockpiling cash reserves for liquidity. ...
CD Projekt has sold its DRM-free PC storefront GOG to its original co-founder, MichaΕ KiciΕski, for 90.7 million Polish zΕoty (approx. $25.2 million). KiciΕski is also co-founder of CD Projekt itself,...
π Key Facts β Unpredictable cocoa markets are affecting chocolate sourcing. β Candy makers are rethinking their approaches to procureme...
Amazon is pushing forward with its own brand of chips called Trainium. Noah Berger/Getty Images for Amazon Web Services Amazon says that some employees stranded in India due to visa delays can work re...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
π Key Facts β The company sold about 4.5 million common shares last week. β The stock sale raised $748 million. β ...
π Key Facts β The global beauty industry is valued at $500 billion. β The climate crisis is shifting many people's purchasing patte...
π Key Facts β Trump Media acquired 451 Bitcoin for $40.3 million, bringing total holdings to 11,542 BTC worth over $1 billion. β The co...
π Key Facts β India and New Zealand have announced a trade pact making the majority of goods trade duty-free. β India aims to become an...
π Key Facts β iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. β Founded in 1990 by Colin ...