September 2024

 

Sep 10

The number of Mergers and Acquisitions sank to a 10-year low last year as interest rates remained high & buyers and sellers often failed to agree on an assets market value.

Now, with lower interest rates in site, M&A activity is picking up again and the “Bigs” keep getting Bigger

 

Sep 06

Many ventures creating clean energy received funding under 2021’s Infrastructure Investment and Jobs Act but have been unable to sustain their momentum. Many have shut down or are barely surviving.

United Airlines was among investors who put 100s of millions into a startup promising to make jet fuel from trash.

 

Sep 04

On 20th of August, the U.S. dollar fell to its lowest level this year as investors prepared for the U.S. Federal Reserve to cut its key interest rate next month.

The dollar lost 2.2 percent of its value in August against a collection of other major currencies.

 

Sep 02

U.S. Federal Reserve chair Jerome Powell virtually guaranteed the central bank will cut its interest rates when it meets in mid-September. “The time has come for policy to adjust,” Powel stated in a 23 August speech. “We do not seek or welcome further cooling in the labor market”

 

Posts

 

Sep 09

The world’s economy is showing signs of resilience, despite high interest rates & nations still struggling to recover their momentum, according to The WSJ. S&P Global’s Flash U.S. Composite Purchasing Managers Index — a measure of economic activity in goods and services—rated 54.

 

Sep 05

Over the past 12 months, business startups failed at a rate 60 percent higher than the 12 months prior, according to Carta, which provides services to young companies. Founders are running out of the cash they raised during the post-COVID tech boom in 2021 and 2022.

 

Sep 03

News that the U.S. labor department had slashed the number of jobs created from April 2023 through last March reached a handful of Wall Street firms 15 minutes before the report became public.

That allowed those firms the chance to place bets on how the market would move on the news before others could react.