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Category: Industries


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 […]


Industries, Others

3 Big Tech stocks to profit from AI

July 25, 2023

Via: MoneyWeek

The US S&P 500 index has gained 18% this year. Many money managers have been caught out. Their defensive focus on rising inflation and interest rates left them blindsided by big gains in Artificial Intelligence (AI) stocks. There’s no question […]


Financial Services, Industries

Wells Fargo announces $30 billion buyback, shares rise

July 25, 2023

Via: CNBC

Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its board of directors approved a previously announced dividend increase, to 35 cents per share from the previous 30 […]


Industries, Retail & Wholesale

Walmart slashes price of its online subscription service for those on government aid by half

July 21, 2023

Via: ABC News

Walmart, the nation’s largest retailer, has slashed the price of its online subscription service in half for those on government assistance, a move that should help perk up membership. The Bentonville, Arkansas-based retailer said the Walmart+ service will cost $49 […]


Financial Services, Industries

Make your money work harder with the right rewards credit card

July 19, 2023

Via: Markets Insider

If you’re looking to plan your next holiday, having the right rewards credit card can really make a difference. It can help your money go further and bring those dreams of sandy beaches and beautiful new places to explore a […]


Education, Industries

Education Department kicks off student loan forgiveness plan, round 2

July 18, 2023

Via: Education Dive

Biden took immediate action after the Supreme Court ruled against his initial loan forgiveness plan, which would have forgiven up to $20,000 for borrowers earning less than $125,000 a year. The same day the high court handed down its decision, […]


Education, Industries

Inflation will continue to batter colleges through fiscal 2024, Moody’s predicts

July 12, 2023

Via: Education Dive

Colleges’ operating costs increased 5.2% in the 2022 fiscal year, according to Commonfund’s Higher Education Price Index, or HEPI, an inflation index created specifically for colleges. But that increase lagged behind the consumer price index, which saw a jump of […]


Industries, Others

Feds drill down on medical cards

July 10, 2023

Via: Payments Dive

Medical credit cards designed to cover patients’ costs are coming under increased scrutiny from the Biden administration, as are other loans and financial instruments offered to pay for consumers’ healthcare services. In a rare collaborative healthcare effort by three federal […]


Industries, Retail & Wholesale

Euro Price Forecast: EUR/GBP, EUR/USD, EUR/JPY Price Setups

July 6, 2023

Via: DailyFX

The economic situation in Europe continues to deteriorate as the latest data points: Eurozone retail sales and German construction PMIs disappoint. Retail sales in the Eurozone during the month of June was flat despite forecasts of a modest 0.2% improvement […]


Industries, Manufacturing

UK Manufacturing Contracts Again As Uncertainty Weighs On Demand

July 3, 2023

Via: Markets Insider

Despite easing price and supply chain pressures, the UK manufacturing activity shrank further in June amid an uncertain outlook for both domestic and foreign orders, final survey results from S&P Global and the Chartered Institute of Procurement & Supply showed […]


Energy, Industries

Energy bills to come down in October – but not for the reason you might think

June 29, 2023

Via: Sky News

The average household will be paying roughly £200 less from autumn than they are from next month, but still “well above” historical levels, energy research specialist Cornwall Insight said. Ahead of Ofgem’s new price cap coming into effect on Saturday […]


Energy, Industries

Regulators told to increase pressure on energy, water and telecoms suppliers amid soaring inflation

June 28, 2023

Via: Sky News

Jeremy Hunt brought in the regulators for the energy (Ofgem), water (Ofwat) and telecoms (Ofcom) sectors, along with the Competition and Markets Authority (CMA) and City watchdog the Financial Conduct Authority (FCA). The Treasury said the FCA would report by […]


Education, Industries

Florida sues Education Department over accreditation

June 23, 2023

Via: Education Dive

Policy choices like tenure and what to teach have traditionally been left to college officials. But Florida’s elected representatives “have exhibited a desire for greater involvement in the governance of state institutions.” the lawsuit says. That includes “creating new programs […]


Financial Services, Industries

Average long-term US mortgage rate falls to 6.67%, third straight drop since climbing to 2023 high

June 22, 2023

Via: ABC News

The average long-term U.S. mortgage rate fell for the third time in as many weeks, a welcome boost for homebuyers facing a housing market that’s been held back this year by a tight inventory of homes for sale. Mortgage buyer […]


Industries, Retail & Wholesale

How investors can profit from high food prices

June 21, 2023

Via: MoneyWeek

What does the future hold for grocery costs? Here we need to monitor prices of ‘soft’ commodities: agricultural products, essentially. Softs are among the world’s oldest traded products, though different exchanges classify soft commodities differently. They are traded in futures […]


Education, Industries

Consumer group sues Education Department to get data on incarcerated student loan borrowers

June 20, 2023

Via: Education Dive

For three decades, incarcerated students haven’t been allowed to tap into federal Pell Grants, a primary form of financial aid for low- and moderate-income borrowers. But that will change come July, when new rules take effect giving them access to […]


Education, Industries

House committee votes to yank federal funding from colleges, schools used as migrant shelters

June 15, 2023

Via: Education Dive

Colleges and public K-12 schools that shelter migrants should be ineligible for federal funding, according to a bill approved along party lines by the House Committee on Education and the Workforce Tuesday evening. It will now advance to the full […]