Capital One Expected to Acquire Discover in Massive Deal
Justin Loto Staff Writter Capital One (COF) is expected to acquire Discover (DFS) for 35.3 billion dollars in an all-stock
Read More
Finance
Severe Turbulence: Inside Boeing’s Recent Struggles
Justin Kwok Staff Writer Boeing, a giant in the aviation industry, finds itself in the spotlight due to recent controversies.
Read More
Recap and Implications of Jan 31 Fed Meeting
Mario Stampone Staff Writer Most recently, the Federal Reserve’s Open Market Committee (FOMC) met on January 30-31. The question of the
Read More
Macy’s: Salvageable Retail Titan or Real Estate Goldmine?
This past week, Macy’s received a $5.8 billion offer from two private equity firms to privatize the retail giant. Arkhouse Management, specializing in real estate investments, and Brigade Capital Management, a global asset manager, have collectively valued the department store chain. Their offer to take the company private stands at around $21 per share, reflecting a 21% premium from Friday, December 8th’s closing price of $17. This proposal signifies the investor group’s belief that Macy’s is undervalued in the public market.
Read More
October CPI Report Telling’s
Tyler Fernandes Staff Writer With the recent publication of the October Consumer Price Index report, we have some new insight into
Read More
Hess Acquisition Adds to Shifting Energy Market
The energy sector this past quarter has had an M&A party, and these developments have captured the attention of investors and analysts alike. The events of 2022 shook the world and energy markets. The invasion of Ukraine and its political ramifications resulted in severe dislocations in energy markets, thereby ensuring that energy, especially its availability and affordability, remained at the forefront of sociopolitical debate.
Read More
What Now? Analyzing the Fallout of Sam Bankman-Fried’s Verdict
On November 3rd, the extremely publicized trial of Former FTX CEO Sam Bankman-Fried came to an end, as the former Crypto King was found guilty of all seven charges that were brought against him. These charges included two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of money laundering conspiracy, and one count of commodities fraud.
Read MoreReturning the Favor – Pulling the Rug on Sam Bankman-Fried
Since November 2022, Sam Bankman-Fried’s fall from grace has been nothing short of spectacular. When Binance, a rival crypto exchange shockingly announced their liquidity crisis, Bankman-Fried and FTX immediately felt the shockwaves. Only a few days later, FTX filed for Chapter 11 bankruptcy and Bankman-Fried stepped down from his role as CEO.
Read More
What the Fed Had to Say: September FOMC Meeting
On Wednesday, September 20, investors eagerly awaited the highly anticipated Federal Open Markets Committee (FOMC) meeting, where Jerome Powell of the Federal Reserve (The Fed), and his team made a pivotal decision to hold interest rates steady, with the current federal funds target rate sitting at 5.25%-5.50%, representing a 22-year high.
Read More
Driving Forces: An Update on the UAW Strike
The United Auto Workers (UAW) strike has become a focal point of concern, not only for the automotive industry but also for the broader United States economy. This labor dispute, rooted in the demand for fair wages amid surging inflation rates, has profound implications.
Read More