Globally, the first three quarters of 2023 recorded 968 initial public offerings or IPOs with $101.2 billion in capital raised, a 5% decrease in IPOS and 32% decrease in capital raised. Despite this, market momentum is building, with the third quarter of 2023having witnessed a notable improvement in post-IPO share price performance compared with previous quarters. […]Read More
Like the proverbial bad penny, Silicon Valley Bank is back. The beleaguered financial institution, which earlier this year was the poster child for mismanagement and was the focal point of concerns about the stability of the banking system, has launched a new marketing campaign. The “Yes, SVB” campaign is designed to make consumers aware that […]Read More
The next hot stock tip you get might come from a brand-new source: artificial intelligence. Causality Link, an advanced, AI-driven financial information technology provider, recently announced the introduction of generative AI into its AI-driven research platform. The Causality Link platform scours tens of thousands of news articles from around the world in real time each […]Read More
If you’re an insurance professional with expertise in insurance accounting, actuarial science, academia, insurance regulation or policyholder advocacy, the Federal Reserve Board wants to hear from you. The Central Bank announced earlier this month it is looking to fill openings on its Insurance Policy Advisory Committee. The committee consists of 21 members serving three-year terms, […]Read More
The U.S. Small Business Administration can do more than give entrepreneurs assistance in getting their businesses off the ground. The agency is also ready to help them go global. The SBA recently signed an agreement with the International Trade & Forfaiting Association to reduce barriers to international trade and get small businesses selling abroad. With […]Read More
Americans believe they will need $1.27 million to retire comfortably, according to the latest set of findings from Northwestern Mutual’s 2023 Planning & Progress Study. That is up from $1.25 million reported last year. At the same time the average amount actually saved for retirement increased a modest 3% in 2022 to just under $87,000. […]Read More
The Brief Podcast Financial and economic news can be confusing under the best of circumstances. But how differing media platforms report on the complexities of banking, corporate earnings and regulatory actions cane make those circumstances more difficult than they need to be. Listen to more The Brief PodcastRead More
Riding the Recessionary Bandwagon After two quarters of economic contraction, you’d think the 2.6% growth reported? in gross domestic product report released last month would be a cause for celebration. Apparently, that’s not the case. The truth is third-quarter GDP beat analysts’ expectations. And while the US economy is not out of the woods, the […]Read More
Florida invests $5.2 million for workforce education at Daytona State The state of Florida awarded Daytona State College more than $5 million to enhance workforce training opportunities at the college in welding, machining, cybersecurity and apprenticeship programs. Florida Gov. Ron DeSantis was on Daytona State’s campus in late September to formally present the award to […]Read More
The Year of the Tiger roars to life in February, but 2022 is already set to be the Year of the Rate Hikes. As in interest-rate hikes. Federal Reserve Board policymakers – from Chairman Jerome Powell on down – have indicated the central bank plans to make good on its New Years’ resolution to raise […]Read More
