Finance/Venture

AMC Raises $250 Million in Stock Sale as Meme Stock Surge

AMC Entertainment successfully concluded a $250 million stock sale on Monday, thanks to the resurgence of the meme stock craze, which saw shares skyrocket by 90%.


Japan's Finance Minister Stresses Close Coordination with Bank of Japan

Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan...

OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round

The OpenAI Startup Fund has successfully raised an additional $5 million...

RBNZ Expects 2.3% Drop in New Zealand’s Q2 Inflation Rate

The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%...


Latest News

Bank of Japan Departs From Negative Interest Rate Policy, Boosting Confidence in Economic Growth
The Bank of Japan's decision to abandon its negative interest rate policy, coupled with its first rate hike in 17 years, reflects confidence in Japan's economic growth, driven by significant wage incr
Most Australians Worry About Cashless Society Amid the Rise of Digital Payment Methods, New Research Shows
A new research shows that most Australians worry about a cashless society.
Donald Trump's New Deal With Republican National Committee Prioritizes the Committee Paying His Legal Bills
Former President Donald Trump and the Republican National Committee (RNC) have a new joint fundraising agreement that prioritizes the committee paying his legal bills.
Florida Trust Fund Firm Loses Over $100 Million Intended for Disabled Children, Leaving Hundreds of Families Devastated
A Florida special needs non-profit went bankrupt, losing hundreds of families' trust fund worth more than $100 million intended for their disabled children.
Asian Markets to Gain on Fed Rate Cut Signal; Japan's Yen Remains on the Brink
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
Chubb Declines to Provide Donald Trump With $464 Million Appeal Bond in Civil Fraud Case After Backing E. Jean Carroll Bond
Chubb has declined to handle former President Donald Trump's $464 million bond that he now needs in his New York civil business fraud case.
Citigroup Sells Most Non-US Consumer Businesses as Its Biggest Overhaul Progresses
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
From Houston to the World: The Cannon's Blueprint for Building Thriving Startup Communities
The Cannon is a community dedicated to supporting innovators, entrepreneurs, small businesses, investors, and service providers. It aims to foster connections and provide resources to help individuals
Federal Reserve and European Central Bank Aim for Major Interest Rate Cuts in 2024, Says BIS Chief
Federal Reserve and European Central Bank are set for major interest rate cuts, with BIS Chief Carstens noting progress in addressing inflation while cautioning central bankers to remain vigilant.
SpaceX Reportedly Building $1.8 Billion Spy Satellite Network for US Intelligence
The "secret" SpaceX project involves a sophisticated network of surveillance or spy satellites for US intelligence, supported by a $1.8 billion contract with the NRO, aiming to improve national securi
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