Nvidia (NVDA) stock rose more than 6% on Thursday, along with other chip stocks, as the technology market rebounded strongly. The recovery came a day after shares of the AI chip heavyweight fell more than 5%, along with other semiconductor companies. As of Thursday, Nvidia had lost more than $750 billion in market capitalization since … Read more
NEW YORK (AP) — Mozambique’s former finance minister, Manuel Chang, was convicted Thursday in a financial conspiracy case brought in a U.S. court stemming from his country’s “tuna bond” scandal. A federal jury in New York delivered its verdict. Chang was accused of accepting bribes to secretly frame his African country for large loans to … Read more
NEW YORK — Mozambique’s former finance minister Manuel Chang was convicted Thursday in a financial conspiracy case brought before a U.S. court stemming from his country’s “tuna bond” scandal. A federal jury in New York delivered its verdict. Chang was accused of accepting bribes to secretly frame his African country for large loans to government-controlled … Read more
The Manhattan Institute’s Brian Riedl discusses his bipartisan blueprint for stabilizing the national debt to prevent a future debt crisis. Americas the national debt is $35 trillion For the first time late last month, and with large budget deficits set to push the national debt to astronomical heights in the coming decades, an economist has … Read more
Ottawa Mayor Mark Sutcliffe says the city is facing a “financial crisis” that brings with it the specter of tax hikes and service cuts. He says the city has been treated unfairly by the federal and provincial governments on taxes and public transit. At a press conference Thursday, Sutcliffe called it a matter of “honesty, … Read more
Chicago, Aug. 08, 2024 (GLOBE NEWSWIRE) — Circana™, the leading advisor on the complexities of consumer behavior, today announced that Holly Knightly, currently Executive Vice President of Global Finance, Performance, and Transformation at Circana, has been promoted to Chief Financial Officer (CFO), effective August 12, 2024. Knightly, who is already a member of Circana’s Executive … Read more
President Joe Biden’s decision to withdraw from the 2024 race offered the public a rare glimpse into the Byzantine world of campaign finance law. It’s not a pretty sight. This tangle of often incomprehensible rules underscores the need for a legal firewall to protect political speech—a “separation of campaign and state.” After Biden left office, … Read more