Category: Finance

Last week, the Mexican presidency of the Financial Action Task Force (FATF) secured one of its key objectives, leading the FATF to adopt a revised version of its guidance on anti-money laundering and combating the financing of terrorism (AML/CFT) and financial inclusion at its plenary meeting in Strasbourg. Several other updates came out of the […]

America has never been richer. But the gains are so lopsided that the top 10% controls 69% of all wealth in the country, while the bottom half controls just 3%. Meanwhile, surging corporate profits have mostly benefited investors, not the broader public. This divide is expected to widen after President Donald Trump’s sweeping new spending […]

The multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S. tax code treats charitable donations. It also has several tax provisions that affect some colleges, universities and other nonprofits. The Conversation U.S. asked Daniel Hungerman, an economist who studies charitable activities and public policy, to explain […]

📍 July 9, 2025 — United StatesThe first half of 2025 has already become the most successful year on record for U.S. startups with at least one female founder, with $78.8 billion raised across 1,428 deals, according to PitchBook’s Female Founders Dashboard. This milestone surpasses the previous full-year record of $68.7 billion set in 2021, […]

At its heart, pizza is deceptively simple. Made from just a few humble ingredients – baked dough, tangy sauce, melted cheese and maybe a few toppings – it might seem like a perfect candidate for the kind of mass-produced standardization that defines many global food chains, where predictable menus reign supreme. Yet, visit two pizzerias […]

Warsaw, 8 July 2025 – The European Bank for Reconstruction and Development (EBRD) has reduced its equity stake in BNP Paribas Bank Polska from 4.5% to 2.9%, following the sale of 2.345 million shares via an accelerated bookbuild placement on the Warsaw Stock Exchange (WSE). The transaction represents 1.6% of the bank’s total shares and […]

The legislative package that President Donald Trump signed into law on July 4, 2025, has several provisions that will shrink the safety net, including the Supplemental Nutrition Assistance Program, long known as food stamps. SNAP spending will decline by an estimated US$186 billion through 2034 as a result of several changes Congress made to the […]

4 July 2025 – The Veteran Fund, a venture capital firm founded and operated by military veterans, is raising $50 million for its second fund to support early-stage startups led by fellow veterans. The fund, dubbed Veteran Fund II, will focus on dual-use technologies—solutions that serve both commercial markets and U.S. government defense needs. 💼 […]

London-based mid-market private equity firm MML Capital Partners has announced the final close of its latest fund, Partnership Capital VIII, at €1 billion (approximately $1.2 billion), marking a nearly 50% increase over its predecessor. The fund was oversubscribed, securing commitments from 11 new institutional investors. MML’s previous fund, Partnership Capital VII, closed at €670 million […]

When the online review platform Yelp added a “Black-owned” tag in 2020, it boosted the visibility of Black-owned restaurants in Detroit. It also caused their ratings to drop, according to our recent study. Both local and nonlocal reviewers who showed awareness of a restaurant’s Black ownership rated restaurants 3.03 stars on average. Those who did […]