Monthly Archives: August 2022

Is dark chocolate really good for you?

Humans have been consuming some form of chocolate for hundreds of years. For most of this time, it was in the form of liquid cocoa, made from cocoa beans. Some cultures — but not all — have since added sugar, milk, and shiny wrappers. Meanwhile, those who still consume cocoa in more traditional ways have sparked a debate about whether ...

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Yellen tells IRS not to increase middle class audits if it gets more funding

U.S. Treasury Secretary Janet Yellen holds a news conference in the U.S. Treasury Department’s Treasury Room in Washington, July 28, 2022. REUTERS/Jonathan Ernst Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 10 (Reuters) – U.S. Treasury Secretary Janet Yellen told the Internal Revenue Service on Wednesday that if the Inflation Reduction Act becomes law, additional IRS resources ...

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More than $8 million in outside cash has been spent in congressional primaries since qualifying

Outside political committees have spent more than $8 million on independent campaigns in the US Senate and Congressional elections in Florida since Qualifiers Day in June. The expenses include more than $1.7 million spent by two groups to support Republican State Sen. by Aaron Bean bid in Florida’s 4th congressional district, and more than $1 million spent primarily by one ...

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Rupee gains as dollar stabilizes ahead of key US inflation report

Rupee gains 79.52 to the dollar in early trade The rupiah appreciated early Wednesday as the dollar stabilized ahead of a key US inflation report, which would give an indication of the Federal Reserve’s monetary policy trajectory. PTI reported that the Indian currency rose 11 paise to 79.52 against the US dollar at the start of trading. Bloomberg showed the ...

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Hedge funds deserve to be beaten by private equity

Comment this story Comment When the tide of cash recedes, investors from sovereign wealth to billionaire family offices become even more impatient with hedge funds. They find out that a lot of these expensive fund managers don’t really hedge, and the pivot to private equity was the right move after all. Hedge funds are on course for the second-worst performing ...

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Parsonex Capital Partners Launches Credit Enhancement Facility with Fast-Growing Class 8 Truck Lease Originator

WINSTON SALEM, North Carolina, August 8, 2022 /PRNewswire/ — Parsonex Capital Partners (“Parsonex”) today announced the launch of a credit enhancement facility in favor of a class 8 truck lease originator, Traction Capital and Leasing. (“Traction”), one of the most committed partners of truck drivers across the country. Class 8 truck Traction was founded to help hard-working small business owners ...

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S&P 500 and Nasdaq slide to start week as Nvidia warning stalls market recovery

Stocks struggled to hold their ground on Monday, after the S&P 500’s third straight weekly gain, as worries about demand for the semiconductor industry weighed on tech names. The S&P 500 slipped 0.12% to 4,140.06. The Nasdaq Composite fell 0.10% to 12,644.46. The Dow held on to a gain of 29.07 points to close at 32,832.54. Nvidia reported weaker-than-expected second-quarter ...

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EirSystems Announces Closing of Seed Funding Round to Advance Prescription Abuse Prevention Software

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–EirSystems, an emerging leader in developing software to safely and efficiently prescribe and dispense prescriptions, recently closed a seed funding round led by Solas BioVentures. Other investors included several Chain Reaction Boston investors led by Ken Mooney. With this funding, EirSystems will continue to build partnerships and grow its market share in the electronic prescription market. “EirSystems’ innovation ...

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Bowlful of Blues celebrates three decades of musical tradition on September 4

August 7—For the past three decades, the South Skunk Blues Society has commemorated the rich history of blues music and entertained locals by booking incredible live performers at the iconic Maytag Bowl. The organization welcomes the public to celebrate its 30th anniversary at Bowlful of Blues on September 4. This year, the Bowlful of Blues show is Carolyn Wonderland from ...

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Senator Cramer votes against Democrats’ Inflation Improvement Act

***Click here to download the video. Click here for audio.*** WASHINGTON — U.S. Senator Kevin Cramer (R-ND), a member of the Senate Budget Committee, issued the following statement after voting against Democrats’ irresponsible tax and spending bill, the Inflation Enhancement Act, which was passed by the Senate today in a party vote. : “The United States is in a recession, ...

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Chinese exports pick up, but outlook darkens as global growth slows

China’s export growth picked up unexpectedly in July, providing an encouraging boost to the economy as it struggles to recover from a COVID-induced slump, but weakening global demand could start to weigh on shipments in the coming months. Exports rose 18.0% in July from a year earlier, the fastest pace this year, official customs data showed on Sunday, compared with ...

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Governor Lujan Grisham announces new grant for businesses affected by wildfires

ALBUQUERQUE, NM – Governor Michelle Lujan Grisham and other heads of state visited Las Vegas on Saturday morning. Their goal: a new program of temporary grants for local businesses affected by the devastating fires. “I have never seen a governor visit Las Vegas as much as Governor Michelle Lujan Grisham. People say well, she’s here because of the fire and ...

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With immense hard work and hustle, Brandon Kyle Guty makes sure to gain financial freedom and live a life according to his desires

Brandon Kyle Guty intends to work hard while achieving his dream of gaining freedom and living the best lifestyle. Joining the military at the age of 18 changed Brandon Kyle Guty’s entire perspective on how to live a life according to his dreams. Despite being from small town SC, Brandon Kyle Guty had bigger dreams since childhood and wanted to ...

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West Side businesses receive nearly $8 million in city development grants

About two dozen West Side small businesses were recently named Chicago Community Development Grant recipients. The 19 businesses in Austin, North Lawndale, East Garfield Park, West Garfield Park and Humboldt Park received a total of $7.8 million in grants. The businesses ranged from restaurants to a media studio. The West Side’s biggest awards went to Yellow Banana, a black-owned business ...

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$207 Million Powerball Winner Sold Near Pittsburgh; Thursday Ohio Lottery Results

CLEVELAND, Ohio – Only One power ball post from Wednesday, August 3, 2022, the drawing was sold in a town near Pittsburgh and is worth an estimated $206.9 million. A Sheetz store in New Stanton, Pennsylvania wins a $100,000 bonus for selling the winning ticket. New Stanton is just southeast of Pittsburgh. The winner can choose to receive the winnings ...

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Research: Rating Action: Moody’s Assigns Final Ratings to Verus Securitization Trust 2022-7 RMBS

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESS OR SECURITIES ASSOCIATED WITH INDEBTEDNESS, AND THE DOCUMENTS, PRODUCTS, SERVICES ...

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EA Sports will get a promotion during Sky’s Premier League coverage, report says

Electronic Arts (EA) Sports has signed a new partnership with Sky Sports which will see the games company sponsor the UK pay-TV network’s Premier League coverage, the two parties have confirmed. The deal, which will come into effect from the 2022/23 season, will see EA Sports branded content used in Sky’s Premier League coverage until the end of the 2024/25 ...

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Pandemic issues continue to plague small businesses, but grants ease pressure

There’s no place like Bay County to do business. That’s the message Bay County business owners sent to Bay County Commissioners and Bay Future Inc. officials this week. Megan Manning, who manages investor relations for Future of the Bayinvited Bay County Commissioners to visit area businesses that were part of the Bay County Small Business Grant Program. The Small Business ...

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Voluntary carbon credit trading market worth 521.5 USD

Pune, Aug. 03, 2022 (GLOBE NEWSWIRE) — Voluntary carbon credit trading market The research report is an expert analysis which mainly includes companies, types, applications, regions, countries etc. Additionally, the reports give analysis of sales, revenue, trade, competition, investment and forecast. Market research on voluntary carbon credit trading covers the impacts of COVID-19 on upstream, midstream and downstream industries. Additionally, ...

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Oil prices drop about 1% on demand concerns; Brent reaches $99.60/bbl

Oil prices fell about 1% in early trading on Wednesday, reversing gains from the previous session ahead of an OPEC+ producers’ meeting on fears of slowing global growth hitting fuel demand and a firmer dollar. Brent crude LCOc1 futures fell 94 cents, or 0.9%, to $99.60 a barrel at 0020 GMT, reversing the previous session’s gain. West Texas Intermediate (WTI) ...

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Hedge fund fell 84% on leveraged tech bets: WSJ

Marcho Partners lost around 84% in the first half of 2022, according to a Wall Street Journal report. The large losses stem from the company’s leveraged bets on tech names such as Shopify, Spotify and Cazoo. The losses far exceed the 20% drop in the S&P 500 over the same period. Loading Something is loading. Tech-heavy hedge fund Marcho Partners ...

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The Rock Confirms Super-Pets Cameo Credits & Hypes Franchise’s Future

Dwayne Johnson celebrates the DC League of Super-Pets credits scene involving Superman and a mysterious anti-hero while discussing the future of the franchise. Warning: This article contains spoilers for DC League of Super-Pets! Dwayne Johnson confirms DC League of Super Pets‘ grand credits while promoting the future of the animated franchise. Johnson voices Krypto’s lead character in the film, Superman’s ...

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Ford stock posts its best month since the Great Recession

2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock added Monday to its best month since the Great Recession of 2009, signaling a major swing for the automaker this year. Shares of the Detroit automaker closed Monday at $15.34, up 4.4%. Gains added to the stock rose 31.9% in July – marking the best monthly percentage gain for ...

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Gatenox Announces $2.5M Seed Funding Led by C3 VC Fund to Challenge Existing AML/Sanctions Solutions for Enterprise Clients

LONDON–(BUSINESS WIRE)–Gatenoxthe UK provider of verified credentials for corporate customers, has raised a seven-figure amount from C3 venture capital funds, a Frankfurt, Germany-based venture capital firm that invests in outstanding technology companies around the world. Additional funding was provided by A100x Ventures and several prominent angel investors, including Matthew Niemerg and Antoni Zolciak, co-founders of Aleph Zero. Gatenox is the ...

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Best Options for Small Business Loans When Interest Rates Rise

In an era of high inflation and steadily rising interest rates, having cash is essential for small business owners. Securing financing can be a challenge and identifying the right type of financing can be critical to the success of your business. Last week, the Federal Reserve announced a 0.75 basis point increase in its lending rate and indicated that further ...

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