With a 40-year high in inflation, the Fed raised its benchmark interest rate by half a percentage point on Wednesday. Additional half point increases are expected in June and July with the market expecting rates in the 2.75%-3% range by year end, from a range of 0.75%-1% today.
Go Deeper (3 min read)China's economy is experiencing a period of sluggish growth as a result of Beijing's zero-tolerance stance to Covid-19. Economists are debating whether or not to use the term "recession" to characterize the situation.
Go Deeper (2 min read)Monster Beverage Corporation is a beverage company headquartered in Corona, California, which develops, markets, sells, and distributes energy drinks and concentrates in the U.S. and overseas. Monster Beverage's brands include Monster Energy, Reign, Burn and Relentless.
Go Deeper (8 min read)On Monday, KKR announced the full closure of the KKR North America Fund XIII, an oversubscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America.
Go Deeper (3 min read)Despite the fact that union membership in the United States has been declining in recent years, workers at a number of corporations, including Amazon, Starbucks and Verizon, have recently chosen to unionise
Go Deeper (2 min read)In the past months, investor sentiment deteriorated dramatically. In a study conducted by the American Association of Individual Investors, bears dominated bulls.
Go Deeper (2 min read)Moody's Corporation is a commercial and financial services firm based in the United States. It is the parent business of Moody's Investors Service, an American credit rating agency, and Moody's Analytics, a financial analysis software and services provider based in the United States
Go Deeper (8 min read)Fast, a firm that offers online checkout and identity services, has raised $102 million in a Series B round back in March 2021. Stripe, a previous investor in Fast, led the current fundraising round.
Go Deeper (2 min read)More than 23 million American families (nearly one in every five) got a pet during the pandemic and many new owners have spent big on their pets. U.S. consumers spent $21.4 billion on non-medical pet supplies in November 2022.
Go Deeper (2 min read)Today's economic environment is reminding investors of the so-called "stagflation" that affected developed economies throughout the 1970s and 1980s. These periods were marked by slowing economic growth, rising inflation and growing unemployment.
Go Deeper (2 min read)Most recently IPOed companies have seen their valuation cut in half in the last months. These include well-known companies like SoFi, Marqeta, Robinhood, Affirm and many other so-called FinTechs or SaaS companies.
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