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Category: Industries


Financial Services, Industries

EU digital identity wallet to stir paytech market

November 13, 2023

Via: Payments Dive

The European Union has taken another step toward creating a digital wallet linked to a user’s identity, according to a press release last Wednesday. The European Parliament and the Council of the EU reached a final agreement on a regulation […]


Energy, Industries

Oil Sell-off Intensifies, Seeing the Commodity Trade Below a Key Level

November 8, 2023

Via: DailyFX

The American Petroleum Institute (API) reported a sizable rise in US crude stocks for the week ending 3 November. The inventory build has weighed on oil prices which have already suffered amid the prospect of a continued growth slowdown in […]


Financial Services, Industries

Non-bank financial institutions must report data security breaches: FTC

November 1, 2023

Via: Payments Dive

The Federal Trade Commission will require non-banking financial institutions to report data breaches and other events related to cybersecurity, the agency announced Friday. The amendment to the FTC’s Safeguards Rule would require non-banking financial institutions like mortgage brokers, motor vehicle […]


Financial Services, Industries

Senate bill would let small businesses use SBA loans to cover fintech fees

October 5, 2023

Via: Payments Dive

Small-business owners are increasingly relying on digital financial tools to help them manage spend, process payments, track payroll expenses, and handle other administrative tasks, according to the Financial Technology Association. That’s why the trade group, which represents 26 fintechs, says […]


Industries, Manufacturing

Automakers Notch Double-Digit Sales Gains for Third Quarter

October 3, 2023

Via: The Wall Street Journal

U.S. auto-industry sales continued to rise in the third quarter, with automakers and buyers largely unfazed by higher interest rates and the impact of a continuing United Auto Workers strike. Automakers sold an estimated 3.9 million new cars and trucks […]


Financial Services, Industries

Evergrande shares plummet after developer says it is not able to issue new debt

September 25, 2023

Via: Investing.com

Shares in Evergrande (HK:3333) shed more than a fifth of their value on Monday after the embattled Chinese property developer announced that it would be unable to issue new debt. Evergrande ‘s stock slumped by 21.8%, its largest one-day percentage […]


Education, Industries

U.S. News shakes up rankings methodology — but top colleges held their spots

September 18, 2023

Via: Education Dive

U.S. News & World Report published its oft-criticized rankings of undergraduate colleges Monday, trumpeting methodology changes that evaluate social mobility outcomes after some institutions abandoned the product. Despite U.S. News factoring in metrics like post-college earnings, the hierarchy of top-ranked […]


Energy, Industries

Fuel Prices Are Soaring: Who Is Feeling the Pinch?

September 14, 2023

Via: The Wall Street Journal

Rising diesel prices are inflating the bills Brett McMahon is getting from the companies that truck in the plywood, rebar and other supplies his concrete-contracting business needs. Asking his clients to renegotiate contracts to ease that pain, he said, has […]


Financial Services, Industries

Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says

September 11, 2023

Via: CNBC

The Bank of England’s rapid pace of bond sales is creating a “selling gold at the bottom” moment for investors, according to Christopher Mahon, head of dynamic real return at Columbia Threadneedle. In the aftermath of the 2008 financial crisis, […]


Industries, Others

Construction turns college students’ heads from tech sector

September 6, 2023

Via: Education Dive

Laura Cosgriff gets daily phone calls from local contractors looking for students to employ — and the frequency of those calls has increased in recent years. The construction technology coordinator for Lorain County Community College in Elyria, Ohio, said the […]


Enterprise, Industries

Nvidia’s market cap climbs amid tech turbulence in August

September 1, 2023

Via: Investing.com

Nvidia (NASDAQ:NVDA) Corp’s market capitalization climbed higher in August thanks to its strong profit forecasts, which defied the broader downtrend in mega-cap technology stocks during the past month as an uptick in U.S. bond yields rattled the sector. Nvidia’s shares […]


Enterprise, Industries

Dollar General shares sink on second annual forecast cut, quarterly results miss

August 31, 2023

Via: Investing.com

Dollar General cut its annual forecasts and posted a worse-than-expected quarter, hit by weaker store traffic and a move to sell more low-margin essentials over discretionary goods, knocking its shares down 16%. The Goodlettsville-Tennessee based retailer has fallen short of […]


Industries, Others

Mortgage approvals drop in further sign of housing market slowdown

August 30, 2023

Via: Sky News

The net decrease – from 54,600 in June to 49,400 in July – is a five-month low and worse than expected. A poll of economists predicted the figure would be around 51,000. Leading property website Zoopla said on Wednesday morning […]


Energy, Industries

Energy bills ‘expected to fall again but rises on the horizon’

August 18, 2023

Via: Sky News

Energy bills in the final three months of 2023 are projected to drop before increasing in 2024, according to research firm Cornwall Insight, as they expect strikes at Australian gas facilities will bring up gas prices. Higher gas prices means […]


Industries, Others

United Real Estate Group Records Red-Hot Growth Despite Industry Trends

August 17, 2023

Via: Markets Insider

United Real Estate Group (United) has been named for the seventh time to the internationally respected Inc. 5000 list, ranking No. 711 among 5,000 of America’s fastest-growing private companies. Although our market has significantly contracted, we continue to grow by […]


Industries, Retail & Wholesale

U.S. stocks mixed after retail earnings, Fed minutes

August 16, 2023

Via: Investing.com

U.S. stocks are mixed after a slate of reports from major retailers such as Walmart and Target and as investors digested the minutes of the Federal Reserve’s meeting in July. At 10:05 ET (14:05 GMT), the Dow Jones Industrial Average […]


Industries, Others

Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish

August 7, 2023

Via: Markets Insider

For all those who are not Tesla Inc (NASDAQ:TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales […]


Industries, Manufacturing

Bipartisan Senate bill aims to bolster drug supply chain by prioritizing U.S. manufacturing

July 27, 2023

Via: NBC News

A bipartisan group of senators aims to strengthen the pharmaceutical supply chain with a bill that focuses on boosting stockpiles through increased drug manufacturing in the U.S. and allied countries. The legislation, introduced Thursday and first shared with NBC News, […]


Education, Industries

Thomas Jefferson University pays $2.7M to settle claims it misused federal funds

July 27, 2023

Via: Education Dive

The Primary Care Loan award is meant to provide low-interest loans to medical students who commit to becoming primary care practitioners for a decade after graduating. Participating medical schools must loan the program’s funding to medical students and can invest […]


Education, Industries

Congressional Democrats reintroduce bill to ban legacy admissions

July 26, 2023

Via: Education Dive

The Supreme Court decision only applies to a small subset of selective colleges, as most institutions accept a majority or all of their applicants and have no need to account for race in admissions. However, even though relatively few students […]