Bumble is shaking things up with its founder, Whitney Wolfe Herd, taking back the CEO role in March. This move comes after the dating app's shares dropped about 50% during the current CEO's tenure. The industry as a whole is facing challenges, with high inflation and a lack of new features slowing g
Ever heard of Islamic crowdfunding? It's not just a concept anymore; it's taking off globally, even in places where Muslims are a minority. But what makes it tick? Let's explore the rules, sustainability, and financial power of Islamic fintech to understand its success. First off, Islamic crowdfund
China's economy is facing a big challenge: companies are becoming more focused on financial assets. This study looked at how the length of time companies hold onto these assets affects their audit fees. Using data from Chinese companies listed on the A-share market between 2009 and 2019, the researc
Eli Lilly, a company based in Indianapolis, recently faced a blow when its stock prices dipped. The reason? Their weight-loss drugs, Zepbound and Mounjaro, didn't sell as well as expected. The company predicted they'd make about $13. 5 billion in the December quarter, which is less than what experts
Jennifer Rubin, a well-known columnist at The Washington Post, has decided to leave the newspaper. She's joining a new startup, but not without some harsh words for the paper's owner, Jeff Bezos. Rubin feels that big media owners like Bezos have let down their readers by trying to play nice with pol
Do you know how countries are trying to reduce their carbon footprint? This study took a look at 87 countries from 2000 to 2023, focusing on how climate-related financial policies, or CRFPs, are helping them switch to renewable energy and cut down on CO2 emissions. Using some fancy methods like the
Bitcoin's price skyrocketed in 2024, but financial experts advise caution. They suggest keeping crypto investments, like Bitcoin, to just 5% of your portfolio due to its wild ups and downs. Some experts even think it's best to avoid crypto altogether. Why did Bitcoin's price jump? It was the top-per
Former WWE CEO, Vince McMahon, has struck a deal with the Securities and Exchange Commission (SEC). This comes after he failed to disclose two big settlements. Back in 2019 and 2022, McMahon agreed to pay two women a total of $10. 5 million. The deal was to keep them quiet about their relationships
Walgreens recently surprised Wall Street with better-than-expected financial results for the first quarter of the fiscal year. Despite a $265 million loss, the drugstore chain is working hard to rebuild its business. They're closing stores, trying to fix prescription reimbursement issues, and battli
It's been a rough stretch for sports betting companies during the recent National Football League (NFL) season. Both FanDuel and DraftKings, two major players in the sports betting industry, have been hit hard by the unexpected outcomes on the field. FanDuel, operated by Flutter Entertainment, has t
