Millions of Social Security recipients are set to see a higher benefits payment in 2024, with the annual cost of…
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FinTechInvestmentTop News
Anysphere Secures $8 Million in Seed Funding to Transform Software Development with AI
by Lucas Finisby Lucas FinisIn a bold move to revolutionize the software development landscape, Anysphere, a startup founded by MIT alumni, has raised $8…
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InvestmentTop News
Birkenstock Prices IPO at $46 Per Share, Raising $495 Million
by Lucas Finisby Lucas FinisLegendary German footwear brand Birkenstock priced its initial public offering at $46 per share, landing near the midpoint of its…
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BusinessInvestmentTop News
Biomaterials Maker Bolt Threads To Go Public Via $250 Million SPAC Merger
by Jack B.by Jack B.Bolt Threads, a synthetic biology company specializing in biomaterials, plans to go public through a merger with a special purpose…
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The Japanese government and regulators are undertaking a major initiative to revive the country’s long-dormant junk bond market. The goal…
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BusinessFinTechTop News
China’s BYD Poses Major Threat to Auto Giants Despite Losing $35,000 Per EV Sold
by Lucas Finisby Lucas FinisChinese electric vehicle maker BYD represents an imposing competitive threat to legacy automakers, even while losing a staggering $35,000 on…
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Snapchat’s parent company Snap recently unveiled an experimental new chatbot feature dubbed Snapchat+. Using natural language processing, the bot can…
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BankingTop News
China’s state banks seen selling dollars for yuan in London and New York hours
by Jack B.by Jack B.Reports indicate that China’s major state-owned banks have been actively selling U.S. dollars to acquire yuan in both onshore and…
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BankingTop News
US bank stocks fall on prospect of tougher oversight, more downgrades
by Lucas Finisby Lucas FinisThe shares of U.S. banks experienced a decline on Tuesday as concerns over tighter regulations and potential downgrades by Fitch…