Quantum computing is all the rage right now. Stocks in this sector have seen massive gains, but not everyone is convinced this is a good thing. Andrew Left, a well-known short seller, has been vocal about his concerns. He's betting against two companies in this space: Rigetti Computing and D-Wave Qu
A major player in Japan's finance world is making a move. Mitsubishi UFJ Asset Management is set to launch its first fund focused on collateralized loan obligations, or CLOs. This isn't just any new product; it's a response to a push from the government. They want financial companies to create offer
There's a lot of uncertainty around who's managing the money in La Grange. Until recently, Suzy Mika was listed as the finance director on the village's website, even though she left her job six months ago. After some questions were asked, her name was taken down and replaced with Annmarie Mampe, wh
Small businesses often struggle to get loans from traditional banks. Banks want collateral, a long track record, and high credit scores. Many small businesses can't meet these requirements. This leaves them with limited options, like using personal credit cards or borrowing from friends and family.
Public, a popular investing app, has made a significant move into the world of cryptocurrency. They recently bought Alto's crypto business for a hefty $65 million in cash and stock. This deal gives Public access to about $600 million in assets under management, making it the first investing app to o
Bitcoin's value has taken a hit, dropping to about $103, 000 this week. This drop has sparked worries that the largest cryptocurrency might be heading into a rough patch. Morgan Stanley, a big finance company, has warned that Bitcoin is now in its "fall season, " a time they say usually brings slowe
Circle, the company behind the popular stablecoin USDC, has been making waves in the financial world. Its stock has seen a wild ride since its debut on the New York Stock Exchange in June. Initially, shares skyrocketed, climbing a staggering 178% from their IPO price of $31. But then, things took a
The U. S. is in a tough spot. It's spending more than it has, and the debt is piling up. Right now, the country spends about $1 trillion every year just to pay the interest on its debt. That's more than what it spends on defense. Economists say this is a big problem. They warn that the solutions tha
Trade wars can be scary, but many big economies are ready to face them. A recent study looked at 20 big emerging markets. It checked things like debt levels and how much they rely on exports. The goal was to see how well they can handle trade problems and changing politics. Most of these economies
Retiring in Massachusetts is a big dream for many, but it comes with a hefty price tag. The state is known for its high living costs, making it one of the most expensive places to live in the U. S. This means that saving for retirement here requires careful planning and a substantial amount of money
