Category: Finance

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 […]

The European Bank for Reconstruction and Development (EBRD) has announced a loan of up to $25 million to support the exploration programme at the Boumadine polymetallic mine in Morocco, operated by Aya Gold & Silver Inc. This initiative marks a strategic step to bolster sustainable mining and inclusive development in the Drâa-Tafilalet region of southern […]

Charitable donors often make gifts despite having little information about the organizations they support. Without relevant data, that money may not flow to the charities that evidence suggests are delivering the biggest bang for donors’ bucks. But getting good information about what donors call “impact” takes money, time and effort. If donors are responsible for […]

Venture capital funding in the medtech sector surged to $4.1 billion in the first quarter of 2025, marking the highest quarterly total since early 2022. The rebound reflects growing investor interest in whole-body screening, smart diagnostics, and longevity-focused platforms. Key deals included a $260 million round for Sweden’s Neko Health and $120 million for U.S.-based […]

Procuring lifesaving drugs is a daunting challenge in many low- and middle-income countries. Essential treatments are often neither available nor affordable in these nations, even decades after the drugs entered the market. Prospective buyers from these countries face a patent thicket, where a single drug may be covered by hundreds of patents. This makes it […]