Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Funding
Biden Administration To Introduce New Student Loan Forgiveness Plan Following $143 Billion in Approved Relief
President Joe Biden will reveal the plan on Monday in Madison, Wisconsin, which is where the main campus of the University of Wisconsin is located.
RFK Jr. Says Referring to Jan 6 Rioters as 'J6 Activists' in Fundraising Email Was a Mistake
Stefanie Spear, the press secretary for the campaign, explained that the statement was an error from a recently hired marketing contractor and does not represent Kennedy's views.
NYC Small Businesses in Flood Zones Can Receive Grants Up to $5k Through New Program
The Business Preparedness and Resiliency Program (BPREP) provides eligible businesses with grants of up to $5,000 to bolster their infrastructure against natural disasters.
Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
SingularityNET, Fetch.ai, and Ocean Protocol join to form the Artificial Superintelligence Alliance, merging $FET, $OCEAN, and $AGIX tokens to create a decentralized AI network worth $7.6 billion.
Latest News
Reddit Inc. made a remarkable debut on the NYSE, surging 48%. Tens of thousands of Reddit users participated in the IPO through a directed-share program, resulting in immediate profits for some while others contemplated a long-term investment strategy.
Medicare coverage for Wegovy will not extend to members intending to use the obesity drug solely for weight loss purposes.
The Biden administration's $20 billion grant to Intel aims to strengthen the semiconductor chip output in the U.S. and reduce dependency on foreign chip production, particularly from China and Taiwan.
An Arizona State University-led consortium with over 70 partners received $40 million from the US Department of Defense under the CHIPS Act.
Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure.
Reddit wants $748 million to reach $6.5 billion in its most anticipated IPO in the US. Reddit seeks to generate $748 million, putting its worth at $6.
The National Science Board proposes $1.6 billion for a new "extremely large telescope" amid deliberations over two competing proposals.
Elon Musk has announced he will not donate to US presidential candidates Donald Trump or Joe Biden following reports on a weekend meeting with Trump and other wealthy Republican contributors.
Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.
