Author: Charlotte

On the Nature of the Chinese Economic System Monthly Review Source link

Abacus Finance is helping lower middle-market companies access flexible, cash-flow-based senior secured financing outside traditional lending channels. Through its Total Partnership Approach™, fast deal execution, and customized loan structures, the firm continues supporting private-equity- and family-office-backed businesses seeking dependable capital.New York, New York, United States, June 6, 2026 — Leading independent asset manager Wellington Management says that the potential addressable market for private credit exceeds $30 trillion across a diverse range of asset classes. This represents a huge untapped market where investors can broaden their lens on private credit.For the last decade, middle market direct lending was only a small…

The Trump administration is in active discussions to take an equity stake in OpenAI, a move that would mark an unprecedented fusion of government power and cutting-edge AI development. OpenAI CEO Sam Altman first floated the idea to the administration in 2025, according to sources familiar with the matter speaking to CNBC. If it happens, it would represent the most significant direct government investment in private AI infrastructure in U.S. history and could fundamentally reshape how America approaches the global AI race. OpenAI CEO Sam Altman has been quietly pushing one of the boldest ideas in tech policy – getting…

1. Introduction Food represents a major daily expense for people worldwide. In 2022, consumers in the United States spent an average of 11.3% of their disposable income on food, rising to nearly one-third among low-income households, while total food-at-home spending surpassed $1 trillion for the first time amid surging inflation (USDA ERS, 2024). Beyond food availability and affordability, ensuring the safety of food supply is also critical. Inadequate food safety not only affects individual health but can also lead to foodborne disease outbreaks, contributing to a range of social issues and heightened social costs (e.g., Antle, Reference Antle1999; Traill and…

LayerZero [ZRO] plunged 15.58% over the past 24 hours as broader altcoin weakness intensified across the market. Total crypto market capitalization fell 2.85% during the same period, while Bitcoin dominance climbed to 57.8%, highlighting a defensive rotation away from smaller-cap assets. ZRO’s decline far exceeded Bitcoin’s 1.9% drop, showing that traders had aggressively reduced exposure to higher-beta tokens. Trading activity also weakened considerably, with daily volume dropping 50.72% to $67.68 million. As a result, ZRO lost market value rapidly and underperformed most major assets. However, the sharp sell-off reflected a broader risk-off environment rather than an isolated LayerZero-specific event.Why are…

China Achieves Major Breakthroughs in Aerospace, Clean Energy, and Infrastructure Pandaily Source link

Investors are parking cash at a pace that would make a valet jealous. US money market fund assets hit $8.281 trillion as of May 28, a $66 billion jump in a single week, according to Crane Data LLC. The numbers behind the rush Of the $66 billion weekly inflow, roughly $41 billion landed on a single Thursday during month-end portfolio rebalancing. Year-to-date inflows now total $172 billion through the end of May. Money market fund assets have grown by 112%, or $4.4 trillion, since pandemic-era lows in 2020. The seven-day average yield on money market funds stood at 3.34% by…

A recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using $USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the region’s use of stablecoins was akin to cash. Key Takeaways: Oobit reported $USDT holds up near 100% of the stablecoin market volume across Latam, cementing Tether’s dominance. Spurring 202% growth in Brazil, Oobit links self-custody wallets to Visa’s 150M merchant network. Colombia became Oobit’s 9th live market, scaling daily cash-like crypto usage for local economies. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets…

BUTTE, Mont. — The Public Works Department for Butte-Silver Bow announced sprinkle restrictions are in place starting Thursday. Residents aren’t allowed to water their lawns from 10 a.m. to 8 p.m. or on the 31st of each month.Folks can water their lawns from 8 p.m. to 10 a.m. People with even numbered address can water on even days, while residents with odd numbered addresses can water on odd days, according to officials.Violators can receive a $100 fine.The City-County of Butte-Silver Bow Public Works released the following information: Source link

Trends in Competition in the United States: What Does the Evidence Show? The University of Chicago Press: Journals Source link