Author: prosperplanetpulse.com

Entrepreneurship has long been a cornerstone of the campus experience at the College of Saint Benedict and St. John’s University. For over 20 years, the Donald McNealy Entrepreneurship Center has served as an entrepreneurial education resource, providing classes, mentoring and support to aspiring entrepreneurs, including through the acclaimed Entrepreneurial Scholars (E-Scholars) program, now in its 21st class, which provides a diverse group of students the opportunity to design and execute world-class business ventures. Building on that foundation, in May, the Board of Trustees of the College of Saint Benedict and St. John’s University approved the creation of an entrepreneurship minor.…

U.S. stocks rose to record levels after inflation slowed more than expected in June.The 10-year Treasury yield fell as investors focused on a clearer path for the Fed to cut interest rates. While the chances of a rate cut at the July policy meeting have increased, a September cut remains the most likely. Thank you for your registration! Access your favorite topics on the go with your personalized feed. Download the app By clicking “Sign Up”, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at any time by visiting your settings page or clicking “unsubscribe”…

Data centers are a growing climate problem, as the energy needed to train AI models inflates tech companies’ carbon footprints. Startup X, spun out of Google’s Moonshot Factory, says its technology could offer a potential solution: It can extract carbon dioxide from the air, run partly on waste heat from servers, and even produce water to cool data centers more efficiently.A company called 280 Earth just closed a $40 million deal to capture carbon emissions for major corporations through Frontier, an initiative launched by Stripe, Alphabet, Meta, Shopify and McKinsey to support emerging carbon removal technologies in 2022. Buyers include…

Top Line The long-focal question of when interest rates would fall from their 23-year highs appeared to get a clearer answer on Thursday after better-than-expected inflation data dramatically changed expectations that rates would be cut by the end of the summer. Traders expect the first rate cut since 2020 to come this summer.Getty Images Key Facts The likelihood that the Federal Reserve will cut interest rates before its September meeting jumped to 89% on Thursday morning, up from 73% on Wednesday and 52% a month ago, according to the CME FedWatch tool, which tracks futures contracts that anticipate changes in…

STAMFORD, Connecticut — Spectrum Enterprises, a Charter Communications company, today announced it has completed a fiber network expansion and technology upgrade. Wilderness Resort Wisconsin Dells, Wis. The initiative will enhance the resort’s guest experience by providing high-speed managed WiFi access throughout the 600-acre property and enhanced television options in the resort’s 1,174 accommodations, including hotel rooms, condominiums and cabins.”We are focused on meeting and exceeding expectations, and today’s guests expect to be able to connect to their devices from anywhere in the resort, whether they’re in their room, at a restaurant or while spending time at the waterpark,” said Joe…

WASHINGTON — U.S. defense and intelligence contractor Booz Allen Hamilton announced on July 11 that its corporate venture capital arm, Booz Allen Ventures, has made a strategic investment in Quindar, an early-stage commercial space technology company. The investment is intended to support Quindar’s platform for automating satellite operations: satellite owners use Quindar’s app to analyze, test and operate their constellations with minimal human intervention. Booz Allen launched its corporate ventures division in 2022 and has a fund of about $100 million under management. Founded in Denver in 2022 by former OneWeb engineers, Quindar aims to “democratize space” by providing IT…

Sillett joins as co-managing partner from Vivo Capital new york, July 11, 2024 /PRNewswire/ — JPMorgan Private Capitalthe venture and growth equity investment team within J.P. Morgan Asset Management Alternatives, today announced it has entered its next phase of growth with the hiring of industry veteran Joseph Sillett as its new Managing Partner alongside Anya Sheth and Gaurav Gupta, MD, MSE, reporting to Dr. Steven Squint, Ph.D. The expanded team will seek Series B investments through pre-IPO healthcare companies with a focus on the biotechnology, medical devices, health technology and services, and diagnostics and tools subsectors. “I am excited to…

The US stock market averages (^DJI, ^IXIC, ^GSPC) opened higher on Thursday as inflation eased in June. The Consumer Price Index (CPI) report showed inflation fell 0.1% from the previous month.Shauna Smith and Brad Smith monitor stock price reaction to this important inflation data, while Jared Brickle reports on this morning’s sector trends and banking performance ahead of tomorrow’s big bank earnings releases.For more expert insights and the latest market trends, click here to listen to this entire episode of Morning Brief.This post Luke Carberry Morgan.Video TranscriptLet’s look at the opening cross that also occurred here.The Dow, the Nasdaq Composite…

Jump to beginning of article This is a recorded session from the 2024 AAM Annual Meeting & MuseumExpo. Across the United States Museums hold an estimated $58B in endowments, which are a critical source of annual funding and support for special projects. These endowments are managed carefully for financial return, but do our financial investments align with our visions and missions? While endowments that fuel many museums and non-profits often operate independently from the museum’s values, impact investing recognizes that this money itself can help promote social and environmental good while the returns benefit museums. In this session, a diverse…

Inflation has remained stubbornly above the Federal Reserve’s 2% annual target, but recent economic data has stoked the view that the central bank should cut interest rates sooner rather than later.An inflation gauge on Thursday showed that headline inflation fell from the previous month for the first time since May 2020, according to data from CME Group, and immediately prompted the market to price in around an 89% probability that the Federal Reserve will begin cutting interest rates at its September meeting, up from 75% the previous day.The data is the latest to support the Fed’s interest rate cut.The U.S.…