Category: Finance

If your morning can’t begin without coffee, you’re in good company. The world drinks about 2 billion cups of coffee a day. However, a European Union law might soon affect your favorite coffee beans – and the farmers who grow them. Starting in 2026, companies selling coffee on the European Union market will have to […]

Is the Trump administration trying to reshape American capitalism? Recent moves by Washington, such as taking a 10% share of semiconductor maker Intel, point to a shift in that direction. For decades, Washington has supported free-market capitalism. Today, the government appears to be supporting a new direction – state-directed capitalism. As a professor at the […]

The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence. At the heart of her firing attempt – and other moves to undermine the Fed by the Trump administration […]

Gaborone, Botswana — In a landmark move to bolster economic diversification and address pressing national challenges, Botswana has signed a $12 billion investment agreement with Qatar-based Al Mansour Holdings. The deal, announced on 21 August 2025 by President Duma Boko, marks one of the largest foreign direct investment commitments in the country’s history. The agreement […]

Denver, CO — August 20, 2025Vantage Data Centers is reportedly close to securing $22 billion in financing from JPMorgan Chase and Mitsubishi UFJ Financial Group (MUFG) to support the development of its $25 billion hyperscale data center campus in Shackelford County, Texas. The funding package, one of the largest ever arranged for a single data […]

When more than 1,300 people at the U.S. State Department lost their jobs in a mass firing this summer, most headlines focused on what it meant for American diplomacy. But the layoffs are about more than embassies and foreign policy – they could also make it harder for U.S. companies to compete in global markets. […]

New York, NY — Retail fintech investment displayed a bifurcated performance in the second quarter of the year, with venture capital (VC) funding rising modestly but still falling short of previous benchmarks. According to recent Emerging Tech Research, total VC investment in the sector reached $2.2 billion, marking a 17% increase from the previous quarter. […]

A New York philanthropist and personal assistant to billionaires, Matthew Christopher Pietras, allegedly stole millions from his employers and donated large sums to prominent charities to maintain a facade of status, wealth and generosity. Those schemes came to light when the Metropolitan Opera became aware that a US$10 million donation Pietras made in his own […]

During the 2024 election campaign, the Republican Party’s historically fraught relationship with organized labor appeared to be changing. Several influential Republicans reached out to unions, seeking to cement the loyalties of the growing ranks of working-class Americans who have been backing Donald Trump’s presidential runs and voting for other members of his party. During Trump’s […]

San Francisco, CA — August 20, 2025Databricks, the data and AI software company, is set to raise a new round of funding led by Thrive Capital that could value the firm at over $100 billion, according to company statements and investor sources. The Series K round marks a significant milestone for the privately held company, […]