Author: Charlotte

By Stan Paul At age 16, Manisha Shah went to the Andes Mountains of Ecuador — her first chance to dig into “real development work.” The task after a year of fundraising and training? Building latrines in rural communities. Soon after arrival, however, she realized that everyone there “already knew how” to build latrines. What they actually needed was financing and supplies. “That is what we helped facilitate — paying for and transporting supplies to this faraway town in the middle of the mountains.” The experience in Ecuador was transformative for Shah, now an associate professor of public policy at…

Keith SonderlingPresident Donald Trump nominated Acting Secretary of Labor Keith Sonderling to permanently head the Department of Labor via a social media post on Monday.Sonderling took charge of the Department of Labor in April after former Secretary of Labor Lori Chavez-DeRemer resigned following a shaky tenure at the department. Sonderling needs Senate approval to remain in the post permanently, and his nomination will proceed through the Senate Committee on Health, Education, Labor and Pensions.For more stories like this, sign up for the PLANADVISERdash daily newsletter.  Prior to becoming acting secretary, Sonderling served as deputy secretary of labor after being confirmed by…

# Why is LAB (LAB) Trending? What You Need to Know LAB (LAB) is trending due to its explosive price surge of over 300% in the past 48 hours, driven by a combination of strategic exchange listings, a novel decentralized science (DeSci) ecosystem, and growing community speculation around its role in tokenizing real-world laboratory data. This sudden attention has catapulted it into the top trending tokens on CoinGecko and major social platforms, but investors need to understand the underlying project—not just the hype—before making any moves. The Catalysts Behind the LAB Surge The primary reason for LAB’s sudden price action…

Phoenix Merchant Partners, an independent alternative asset manager, and Texas Capital Alternative Asset Management (TCAAM), a wholly owned subsidiary of Texas Capital Bancshares, formed a strategic relationship to provide customized capital solutions and direct lending to the core middle market across a diverse range of industries. The relationship integrates the corporate and investment banking coverage network of Texas Capital with the structuring, underwriting and multi-cycle portfolio management expertise of Phoenix. Capitalizing on this powerful combination, Phoenix will launch its first vehicle, Spurstone Credit, in Q3/26. Structured as a perpetual-life, non-traded closed-end credit fund, Spurstone will be headquartered in Dallas, Texas.…

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has proposed the establishment of a specialised Commercial Dispute Resolution Tribunal to fast-track the resolution of business disputes. He said faster justice delivery is critical to attracting long-term investment and deepening Nigeria’s capital market. The minister proposed this while delivering his inaugural lecture as a Fellow of the Capital Market Academics of Nigeria (CMAN) during the association’s Second Biennial Conference in Abuja, yesterday. Speaking on the theme: “The Nigerian Capital Market as a Catalyst for Equitable and Inclusive Growth,” he said delays in resolving commercial disputes are one of…

JSE introduces new algorithmic trading rules – African Business JSE introduces new algorithmic trading rules – African Business Source link

Published Wed, Jul 1, 2026 · 07:00 AMMEME mania swept through Wall Street in 2021. Retail investors gathered on social media and coordinated trading strategies to short squeeze high-profile hedge funds.Their success was more than financial; it was hailed as a David versus Goliath battle, a victory for the underdogs that toppled the almighty.That was just a skirmish. The conflict between retail and professional investors today has extended well beyond “degen” traders active on Reddit and a few hard-charging hedge funds. Source link

On June 30, 2026, Stripe, Visa, Mastercard, Coinbase, BlackRock, BNY, DBS, OCBC, Standard Chartered, Google, Shopify, and more than 140 other companies have signed on to Open USD, a new US dollar-backed stablecoin initiative operated by Open Standard. The project is designed for powering global money movement and expected to go live later in 2026 and is designed to address several barriers businesses face when using stablecoins at scale: high minting and redemption costs, limited influence over issuer roadmaps, and the fact that most reserve economics accrue to the issuer rather than ecosystem participants. The initiative is led by Zach…

Style diversification more important for long-term wealth creation than chasing returns: Motilal Oswal… Moneycontrol.com Source link

A historic pivot toward computing power in China’s equity markets has created a stark divide, with top artificial intelligence-focused mutual funds outperforming traditional portfolios in returns by more than 200 percentage points during the first half of the year. The tech-heavy STAR 50 Index surged 64% as AI euphoria reshaped market hierarchies. The electronics sector eclipsed banks to become the largest in the Chinese mainland market by total capitalization.  You’ve accessed an article available only to subscribers VIEW OPTIONS Source link