Category: Finance

U.S. charitable giving increased 3.3% to US$593 billion in 2024, lifted by the strength of the economy. The annual report from the Giving USA Foundation, produced in partnership with the Indiana University Lilly Family School of Philanthropy, found that this was the second-highest level on record after adjusting for inflation. Giving grew at the fastest […]

The U.S. Department of Energy’s decision to claw back US$3.7 billion in grants from industrial demonstration projects may create an unexpected opening for American manufacturing. Many of the grant recipients were deploying carbon capture and storage – technologies that are designed to prevent industrial carbon pollution from entering the atmosphere by capturing it and injecting […]

WELLINGTON, June 2025 — New Zealand agtech startup Halter has become one of the country’s rare unicorns, reaching a valuation of $1 billion following a successful $100 million Series D funding round. The company, which develops smart cattle management technology for dairy farmers, announced the raise on Monday as it accelerates its expansion into the […]

Largest-Ever Crypto Confidence Scam Forfeiture Targets Global Criminal Network Washington, D.C. – June 19, 2025The U.S. Attorney’s Office for the District of Columbia has filed a civil forfeiture complaint to seize over $225.3 million in cryptocurrency linked to an extensive global investment fraud and money laundering network—marking the largest crypto-related seizure in the history of […]

The UK government has announced a new £750,000 ($1 million) investment aimed at helping disadvantaged young people pursue careers as pilots, engineers, and aviation professionals. The funding forms part of the fourth round of the Reach for the Sky Challenge Fund, a government initiative designed to remove barriers that prevent underrepresented groups from accessing careers […]

Americans love small businesses. We dedicate a week each year to applauding them, and spend Small Business Saturday shopping locally. Yet hiding in plain sight is an enormous challenge facing small business owners as they age: retiring with dignity and foresight. The current economic climate is making this even more difficult. As a professor who […]

WARSAW – The European Bank for Reconstruction and Development (EBRD) has committed €10 million to Movens Fund 2, a new venture capital fund managed by Movens Capital, focused on early- and growth-stage technology companies across Central and Eastern Europe (CEE). Movens Fund 2 aims to support high-potential startups in sectors such as enterprise software, artificial […]

On Jan. 5, 2025, at about 2:35 in the afternoon, the first severe hailstorm of the season dropped quarter-size hail in Chatham, Mississippi. According to the federal storm events database, there were no injuries, but it caused $10,000 in property damage. How do we know the storm caused $10,000 in damage? We don’t. That estimate […]

Imagine that a hurricane has destroyed your home. The roof is gone. The floors are flooded. Your family’s belongings are ruined. When this happens, you can apply for federal disaster aid, hoping for a lifeline. For many low-income families and other people of modest means, funding for that aid is often channeled to the states […]