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As of 2024, exchange-traded fund inflows have already reached new monthly records, signaling a potential impact from the increasing assets in money market funds. According to the Investment Company Institute, money market fund assets hit an all-time high of $6.24 trillion, largely due to investors awaiting a Federal Reserve rate cut. Nate Geraci, president of
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Ancora, a family wealth investment advisory firm, has been actively involved with Forward Air for nearly four years. The firm initially filed a 13D in late 2020 and settled for two board seats in early 2021 after a successful campaign focused on capital allocation and cost cutting, resulting in a significant increase in the stock
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Boeing’s Starliner spacecraft recently undocked from the International Space Station, missing its scheduled departure date by several months. This departure did not include the two astronauts that were delivered to orbit back in June, as NASA test pilots Butch Wilmore and Suni Williams will remain at the ISS until February and return aboard SpaceX’s Dragon
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After receiving glowing reviews at Telluride, Sony has decided to shift the release strategy for Jason Reitman’s latest film, “Saturday Night.” Instead of a wide release, the film will have a platform roll-out starting on September 27 in LA, NYC, and Toronto. This decision was made in light of the critical acclaim the movie has
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Roblox, the popular kid’s gaming platform, is making a significant change to its revenue model. The company announced that game developers will now have the option to charge users real money for certain games rather than relying solely on Roblox’s digital currency, Robux. This shift is in line with traditional video game industry practices, allowing
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China’s policymakers are currently facing the challenge of boosting domestic demand in order to combat deflationary pressures and stimulate economic growth. Former head of the People’s Bank of China, Yi Gang, emphasized the importance of improving domestic demand, addressing the real estate market situation, and influencing the confidence of society at the Bund Summit in
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