April 3, 2024
“Legal technology firm Luminance has raised $40 million in fresh funding from investors to grow its U.S. footprint, capitalizing on the wave of investor interest surrounding artificial intelligence… Luminance said its annual recurring revenue jumped roughly fivefold in the past… Continue Reading…
January 10, 2024
“…Only 15.5% of homes for sale last year were affordable for the typical US household, the lowest level since Redfin began tracking the data in 2013. That’s down from the typical level of 40% seen before the pandemic homebuying frenzy began and… Continue Reading…
December 6, 2023
“…The Monetary Policy Committee raised the benchmark one-week repo rate by 500 basis points to 40%. The expectation was for an increase of 250 basis points and the currency extended gains after the decision… The currency’s down almost 35% against… Continue Reading…
November 22, 2023
“…Symbotic, which creates robotic tech platforms powered by artificial intelligence (AI) to provide end-to-end supply chain solutions, reported fiscal fourth quarter revenue of $392 million, up from $244 million a year ago, and a net loss of $45 million compared to a loss of… Continue Reading…
November 21, 2023
“…A recent Gallup poll found that 28% of Americans worry frequently or occasionally that they will be murdered, according to a Nov. 16 news release. That’s a near-record high… Meanwhile, half of U.S. adults said they worry their car will be… Continue Reading…
September 27, 2023
“A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates “meaningfully” to… Continue Reading…
September 7, 2023
“AMC (AMC) Entertainment stock tanked more than 20% on Wednesday morning after the cinema chain announced plans to sell up to 40 million shares. The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or… Continue Reading…
August 9, 2023
“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…
February 2, 2023
“In a new survey, two-fifths of millennials say their parents still pick up one or more of their monthly bills. And the most common parental subsidy is the largest: housing. Twenty-four percent of millennials say Mom or Dad pay their… Continue Reading…
November 1, 2022
“…Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic high of 60% two years ago, according to new estimates from the Tax Policy Center. In 2021, nearly 56% of… Continue Reading…
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