Author: prosperplanetpulse.com

On the stock market, the S&P 500 and Nasdaq hit new highs during the holiday-shortened trading week, while small-cap stocks fell slightly. Tesla TSLA surged after beating lowered delivery forecasts, while U.S. auto sales were modest. General Motors (GM) and Ford (F) reported strong growth in EV sales. Chinese EV makers reported record sales, or at least increases in sales. Eli Lilly (LLY) and Novo Nordisk Lilly won FDA approval for its Alzheimer’s drug donanemab, but NVO faced some negative headlines. Employment reports and other economic data suggested slowing growth and easing inflationary pressures. ↑ X Now Playing Major banks…

One of the most valuable coaching programs for University of Connecticut athletes has little to do with sports. Dozens of student-athletes from the Division I University of Connecticut, including men’s basketball champions Donovan Clingan, Hassan Diarra and Adama Sanogo, have studied business development under the tutelage of David Noble, director of the Peter J. Wirth Institute for Entrepreneurship and Innovation. Noble developed the course in 2021, around the time the NCAA lifted rules banning student-athletes from making money from endorsement deals or the use of their name, image and likeness. The class is designed for athletes who want to develop…

Carolyn’s Heart Inc. and Gainesville Black Professionals will host the first ever Black Business Expo to promote and celebrate the accomplishments of Black-owned businesses in the community.There will be a panel discussion on entrepreneurship from 10 to 11 a.m., and the expo will be free and open to the public on July 20 from 1 to 4 p.m. at Santa Fe College (3000 NW 83rd St.).Panelists included Joe Cirulli, owner of Gainesville Health & Fitness, Teresa Glaser, owner of LogoKick.com, Lawrence Andrews, coordinator of the Entrepreneur Incubator at Santa Fe College’s Center for Innovation and Economic Development (CIED), Karina Shirley,…

With democracy at stake, two presidential candidates pitting their worst options against each other, and alternative scenarios swaying between chaos and catastrophe, there wasn’t much to celebrate on the Fourth of July this year.It’s a very fluid situation, and this column could get overwhelmed with events, but a few things are worth mentioning. Let’s start with the sudden realization among Democrats after the debate that Joe Biden isn’t quite there yet. Is it true? He hasn’t exactly been firing on all cylinders during his third run for president in 2020.Admittedly, Biden was more cheerful then. But consider this headline from…

This marks the second year in a row that MassBay Community College and Framingham High School have hosted the Automotive Technology Summer Boot Camp. The boot camp, funded by Framingham Public Schools, MassBay and through a Youth Connections/MassHire grant, will provide 25 juniors and seniors from Framingham High School the opportunity to participate in an intensive, hands-on, three-week workshop to learn more about the automotive industry. The program was created to provide students with a career exploration in high-demand STEM fields. “The automotive industry continues to face a severe shortage of trained automotive technicians, and MassBay’s outstanding automotive technology program…

Citi Startup Lab will be launching a new tech-focused initiative that will provide device repairs to communities in need, the organization announced July 3. The new initiative is part of the organization’s ReEntry Entrepreneurship Program. With a $400,000 grant from the North Carolina Department of Information Technology, the Charlotte organization will partner with Omaha-based organization iFixAmerica to address Charlotte’s digital divide through a new initiative called ReConnex (ReentryConnections). The Reconnex program is a device repair retail business managed and operated by what City Startup Labs describes as “justice-impacted people.” “This initiative has been in the planning stages for some time…

Of course, investors are more concerned about the future, watching how demand for consumer and business loans fare in the face of a prolonged period of high interest rates and rising inflation. There are some silver linings: Analysts forecast financial sector revenues rose more than 40% in the fourth quarter and are on track for healthy growth in the first half of 2025. Financial stocks are starting to look more attractive, says Michael Cuggino, president of the Permanent Portfolio Family of Funds, but investors should tread cautiously and look for companies that make significant revenue from fee-based business rather than…

The capital of Japan’s major insurance companies has become more stable and strengthened due to improved financial conditions such as rising interest rates and insurers’ efforts to reduce market risks, but S&P Global’s ratings of these insurers are more likely to remain stable, the agency said. This is mainly due to the rating agencies’ sovereign rating on Japan (A+/Stable/A-1) limiting upside for insurers. S&P Global analyzed that Japan’s major insurance companies achieved increased revenue and profits in fiscal 2023 despite inflation, thanks to diversified revenue streams, rising interest rates and stock prices, and a weaker yen. The four major life…

It’s a stock picker’s market right now, so why can’t more stock pickers do better? It’s a stock picker’s market right now, so why can’t more stock pickers do better? In theory, active fund managers who try to pick the best investments and avoid the worst should outperform when some stocks zig and zag while others do not, and when the gap between winners and losers is large. Hello! You’re reading a premium article! Subscribe now to continue reading. Subscribe now Already a subscriber? Log in Premium Benefits Premium for those aged 35 and over Daily Articles Specially curated Newsletter…

ITER is set to be the world’s largest experimental nuclear fusion reactor. Postponed againThe €25 billion megaproject is due to be operational in 2034 and start generating electricity in 2039 – almost a decade later than originally planned. Thirty-five countries, including the UK, the US, China and Russia, launched ITER in 2006 to demonstrate the scientific and technological feasibility of nuclear fusion power. Startups may end up beating them in the end. It’s becoming increasingly clear that ITER will play a supporting role as private companies race to commercialize fusion energy, but that doesn’t make it obsolete. We spoke with…