The Fearless Fund will end its Strivers Grant Contest, which provided funds to Black women entrepreneurs, as part of a settlement reached this week with the American Alliance for Equal Rights.The group, led by conservative activist Edward Blum, sued the investment firm last year, arguing the programme — which awarded $20,000 to successful applicants — was unconstitutional and violated the Civil Rights Act of 1866 because only Black women are eligible for the award.In an interview this week with CBS News on Friday, Fearless Fund founding partner and chief executive Arian Simone, called the settlement a “win,” noting that the…
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Why Acquired is Your Boss’s Favorite PodcastIllustration by Dragos Lemnei; ANNIKA MILLER (GILBERT AND ROSENTHAL). OLLY CURTIS/FUTURE PUBLISHING/GETTY IMAGES (MICROPHONE). GOLUBOVY/SHUTTERSTOCK (COLORS).Success has come slowly and yet recently enough to David Rosenthal and Ben Gilbert that you get the sense neither can quite believe their good fortune. In fact, the hosts of Acquired, one of the most popular—and unusual—podcasts about business, are at a point in their journey that closely resembles the early days of the business titans whose stories they obsessively and meticulously tell: They are breakout stars but still more or less operating by the seat of their…
On Sept. 2, Vicki Gunvalson spoke about Tamra Judge’s estranged relationship with her eldest daughter, Sidney BarneyThe following days, on Sept. 3 and Sept. 4, Judge replied to Gunvalson’s comments, saying she doesn’t “give a s—,” and then tearfully asked Gunvalson to leave her family aloneA week later, on Sept. 11, Gunvalson replied to Judge’s requests and said she was crying because she “wants attention” Vicki Gunvalson is responding to Tamra Judge’s recent request asking Gunvalson not to talk about Judge and her family. Gunvalson, 62, joined the Hollywood Raw podcast on Wednesday, Sept. 11, and said Judge, 57, pleaded…
33,000 Boeing workers walk off the job on Friday. Workers want a 40% increase in pay over four years. Wall Street trades higher as Bill Dudley calls for 50 bps cut. Inflation expectations fall to lowest level in eight months. The market has reached euphoria on Friday, but Boeing (BA) is the Dow Jones stock most left out of the rally. A major strike, the first in a decade and a half, has brought further uncertainty to the aeronautics company beset by a slew of internal issues. The Dow Jones Industrial Average (DJIA) has gained 0.9% on Friday, leading…
Ironwood Wealth Management LLC. lessened its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 16.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,136 shares of the company’s stock after selling 227 shares during the period. Ironwood Wealth Management LLC.’s holdings in Vanguard Growth ETF were worth $425,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also modified their holdings of the company. Global Assets Advisory LLC acquired a new position in shares of Vanguard Growth…
Shares of semiconductor architecture company Arm Holdings (NASDAQ: ARM) rallied again today, up another 5.4% as of 12:43 p.m. ET.Arm had already seen a wave of analyst upgrades this week, but got even more positive news today, this time via a bullish initiation from analysts at Raymond James.An AI uplift across end marketsRaymond James started coverage on Arm today, initiating the stock with a buy rating and a $160 price target.The analysts are bullish on Arm due to what they see as widespread future adoption of the company’s V9 architecture. This new architecture is optimized for neural processing in artificial…
After several weeks of leaks and teasers of MSI’s upcoming X870 motherboards, the company officially announced its next-generation AM5 motherboards, which are compliant with the ATX 3.1 standard. MSI also highlighted the “Supplemental PCIe Power” feature, which appears to be a new power connector that delivers extra power to the motherboard.The standard 24-pin motherboard connector delivers power to everything, such as graphics cards, cooling fans, and RGB lighting. However, the connector is only rated for 168W. Graphics cards require more power, and some consumers use a multi-GPU setup for AI workloads. For example, Nvidia’s next-generation GeForce RTX 50-series (Blackwell) graphics cards…
Trump rips Harris and her home state with attack lines many expected during the debateRANCHO PALOS VERDES, Calif. (AP) — Former President Donald Trump railed against Vice President Kamala Harris as he addressed reporters near Los Angeles. On Friday he unleashed a litany of attacks his aides had suggested he would focus on during their debate earlier this week. Speaking at what was billed as a news conference at his Los Angeles-area golf club after days of criticism of his performance on stage, Trump accused Harris of having been soft on crime in her previous positions. Before she served as…
Recent signs of cooling inflation are paving the way for the Federal Reserve to cut rates when it meets next week, which is welcome news for Americans struggling to keep up with the elevated cost of living and sky-high interest charges.”Consumers should feel good about [an interest rate reduction] but it’s not going to deliver sizable immediate relief,” said Brett House, economics professor at Columbia Business School.Inflation has been a persistent problem since the Covid-19 pandemic, when price increases soared to their highest levels in more than 40 years. The central bank responded with a series of interest rate hikes…
Suncor’s base plant with upgraders in the oil sands in Fort McMurray Alta, on Monday June 13, 2017. (Credit: THE CANADIAN PRESS/Jason Franson)Some Canadian energy companies are better placed to weather the precipitous drop in the price of oil, according to an analysis by Scotiabank Global Equity Research.West Texas Intermediate (WTI), the U.S. oil benchmark, was trading Friday at US$70.01 a barrel, down from a year-to-date high of US$86.91 in April, compelling the bank’s analysts to revisit break-even points for Canadian oilpatch players.To sustain capital spending and dividends in 2025, analysts are estimating an average break-even price of US$50 per…