Investment
Has Little Caesars Arena boosted economic activity in Detroit? We looked at hotel and short-term rental industry data to find out
Has Little Caesars Arena boosted economic activity in Detroit? We looked at hotel and short-term rental industry data to find out Little Caesars Arena’s impact on Detroit’s economy was studied using hotel and short-term rental industry data, which showed a significant increase in lodging industry growth coinciding with the arena’s opening in 2017. The study […]
⚽ Sports
US oil industry doesn’t see profit in Trump’s ‘pro-petroleum’ moves
US oil industry doesn’t see profit in Trump’s ‘pro-petroleum’ moves The US oil industry is skeptical about President Trump’s “pro-petroleum” moves, despite his efforts to promote domestic fossil fuel production. The financial picture around oil and gas drilling is not promising, with declining oil prices reducing the attractiveness of many drilling investments and unconfirmed reserves […]
📰 News
College is still an investment that pays off
College is still an investment that pays off College graduates earn an average of $8,000 more per year than similar individuals who attended college but did not complete a degree, even after accounting for student loan payments. The earnings premium rises to $10,400 per year when debt is not factored in, highlighting the continued value […]
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Why Major League Baseball keeps coming back to Japan
Why Major League Baseball keeps coming back to Japan Major League Baseball (MLB) has been returning to Japan for over 100 years, with a rich history dating back to the late 19th century when baseball was introduced to the country during the Meiji Restoration. The MLB-Japan series in 2025 was a massive financial success, generating […]
⚽ Sports
Why aren’t companies speeding up investment? A new theory offers an answer to an economic paradox
Why aren’t companies speeding up investment? A new theory offers an answer to an economic paradox A new theory suggests that companies aren’t speeding up investment despite record stock markets and endless tech innovation because they’re holding back due to excess capacity. The traditional measure of a company’s incentive to invest, Tobin’s Q, has gone […]
📰 News
Tim Cook says Apple ‘must’ figure out AI and ‘will make the investment to do it’
Tim Cook says Apple ‘must’ figure out AI and ‘will make the investment to do it’ Apple CEO Tim Cook emphasized the importance of Artificial Intelligence (AI) for the company, stating that it’s “as big or bigger” than other technological advancements like the internet and smartphones. Cook assured employees that Apple will make significant investments […]
💻 Technology
DOJ files to seize $225 million in crypto from scammers
DOJ files to seize $225 million in crypto from scammers The Department of Justice (DOJ) has filed a civil complaint to seize $225.3 million in cryptocurrency linked to crypto investment scams. The seizures are part of a larger effort to crack down on “pig butchering” rings, which use fake romantic relationships and other tactics to […]
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AI Enterprise Search Glean Hits a Valuation of $7.2 Billion
AI Enterprise Search Glean Hits a Valuation of $7.2 Billion Glean, an AI enterprise search startup, has raised $150 million in Series F funding, valuing it at $7.2 billion. The new capital will be used to expand its R&D and sales teams, enter overseas markets, and build more partnerships with companies like Databricks and Snowflake. […]
💻 Technology
Apple isn’t even at the AI party, Ross Gerber says
Apple isn’t even at the AI party, Ross Gerber says Ross Gerber, president and CEO of GerberKawasaki Wealth and Investment Management, made comments about Apple’s WWDC 2025 event. Gerber stated that Apple isn’t even at the AI party, implying that they are not keeping up with the latest advancements in artificial intelligence. He specifically mentioned […]
💻 Technology
Google Announced an Initiative to Invest in AI Startups
Google Announced an Initiative to Invest in AI Startups Google has announced its AI Futures Fund, which will invest in startups from seed to late stage using AI tools from DeepMind. The fund will provide support including early access to Google AI models, working with experts from DeepMind and Google Labs, and Cloud credits. Some […]
💻 Technology