The recent controversial Supreme Court ruling banning affirmative action may force colleges and universities to boost enrollment with costly outreach programs amid the prospect of chilled interest from nonwhite students who represent the only growing segment of future student demand. Ratings analysts said the June 29 SCOTUS ruling itself would not impact ratings —
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Puerto Rico’s economy showed strength in May according to the economic activity index released Tuesday. The index was up 1.8% from a year earlier and 0.8% from a month earlier, according to the Economic Development Bank for Puerto Rico. Advantage Business Consulting President Vicente Feliciano said Puerto Rico’s economy was strong enough that it would
With a large-scale war still ravaging the heart of Europe, leaders of Nato’s 31 member states meeting in Vilnius for their annual summit have one overriding task: to maintain and project unity. Kyiv has been seeking reassurances that Nato members remain committed to supplying it with the means to repel Russia’s aggression — and for
We have moved into an era of global competition tempered by the need to co-operate and the fear of conflict. The main protagonists are the US and its allies on the one hand, and China and Russia on the other. Yet the rest of the world also matters. It contains two-thirds of the global population
A federal judge denied the US competition regulator’s attempt to block Microsoft’s $75bn purchase of Activision Blizzard, ruling that the Federal Trade Commission had failed to show the deal would harm competition in the video game market. Shares in Activision rose more than 5 per cent. “The FTC has not shown it is likely to
$30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas. That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing to get exposure to
The price of Bitcoin (BTC) has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for the lack of a clear trend. After a 25.5% rally between June 15 and June 23 leading to Bitcoin’s highest level in 13 months one would expect investors
Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Shutterstock — Shares of the stock image, video and music provider jumped 10% after Shutterstock announced a six-year, expanded partnership with OpenAI, the maker of ChatGPT. Newell Brands — Shares of the consumer goods company jumped more than 10%
Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms. Tracked by on-chain analytics firm Glassnode, the latest figures show less than 12% of the BTC supply now resides in exchange wallets. Analyst: BTC price “on the cusp of true price discovery” Bitcoin returned to
Michael Nagle | Bloomberg | Getty Images The rapid rise of a few already massive tech stocks this year is causing Nasdaq to make unusual adjustments to its popular growth index. The company announced on July 7 that it will do a special rebalance of the Nasdaq 100 Index, which will take effect before the
China is crucial to Apple in two ways. First, for manufacturing; second, for sales. So far, the company has navigated the tit-for-tat tech fight between the US and China with remarkable success. But it has increased its dependence on the country in the process. Despite deteriorating US-China relations, Chinese sales are now almost half as
EU regulators are set to clear Broadcom’s $69bn acquisition of cloud software company VMware, leaving competition authorities in the UK and US as holdouts to finalising one of the biggest tech takeovers. The European Commission, the executive body of the EU, will say on Wednesday that it has accepted Broadcom’s concessions that VMware’s software will
The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate decentralized applications for Ethereum. It operates using zero-knowledge proofs and is Ethereum Virtual Machine (EVM) equivalent, meaning its
Have you been holding off on new purchases for your home until this week’s Amazon Prime Day deals? If you’re interested in making your house, condo, townhome, cabin or other dwelling safer, healthier, more accessible, functional, comfortable or joyful – i.e., fulfilling the five facets of wellness design – here are 10 items worth considering
Transcription:Jessica Lerner (00:03):Hello everyone and welcome to another Bond Buyer podcast. I’m Jessica Lerner, markets reporter at the Bond Buyer. I’m happy to welcome Nick Venditti, municipal bond portfolio manager with Allspring Global Investments. Welcome, Nick. Nick Venditti (00:18):Thank you so much for having me. Jessica Lerner (00:19):Yeah, it’s great to talk again. The first
Polygon (MATIC) price is up today, mirroring upside moves elsewhere in the cryptocurrency market as traders assess a mix of fundamental factors. On July 11, the MATIC price rose 2.32% to $0.75, its highest level in a month — outperforming the crypto market, whose valuation stayed relatively unchanged from the previous day at around $1.14
Arbitrum-based decentralized finance (DeFi) protocol Rodeo Finance was exploited for $1.53 million on July 11. The DeFi protocol was exploited using a code vulnerability in its Oracle, leading to a loss of over 810 Ether (ETH). According to data shared by blockchain analytic firm PeckShield, the exploiter later bridged the stolen funds from Arbitrum to
In this article WDFC AMZN USB JPM Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways Airbus A320-200 aircraft as seen on final approach landing at New York John F. Kennedy International Airport in USA. Nicola Economou | NurPhoto | Getty Images Check out the companies making the biggest moves in premarket trading: JetBlue Airways —
The BBC has suspended its internal investigations into allegations that a top presenter paid a teenager for sexually explicit images while the police decide whether to pursue a criminal case. In his first public appearance since the crisis broke over the weekend, BBC director-general Tim Davie admitted on Tuesday that there were “clearly going to
The writer is an FT contributing editor, the chair of the Centre for Liberal Strategies, Sofia, and fellow at IWM Vienna It was an unforgettable political spectacle. On February 21 2022, the eve of Russia’s full-fledged war on Ukraine, President Vladimir Putin presided over a televised meeting of Russia’s national security council. He asked the
While the cryptocurrency community is actively discussing the upcoming Bitcoin (BTC) halving in 2024, there is potentially another big market event happening this year. The trustee of the hacked Bitcoin exchange Mt. Gox is set to finally repay the exchange’s creditors by the end of October 2023. If that happens, the cryptocurrency market could be