Singapore’s bourse reported a 14% jump in yearly revenue to $1.17 billion, after the country rolled out a series of market reforms in 2025 aimed at revitalizing its sluggish stock market. The measures, which included tax rebates for newly-listed companies and a government-led injection of 1.5 billion Singapore dollars into the local equity market, have
Last month, the machines won. Quantitative hedge funds had a strong July, highlighted by several big algorithm-driven names that avoided the pain their human-run peers suffered last month. At Renaissance Technologies, its largest external fund — known as Renaissance Institutional Equities — was up 9.2% in July, more than making up for losses over the
Employees have long been sold the idea that working hard and outperforming their peers would lead to sizable pay hikes and title upgrades. But now, some companies are ditching merit-based wage bumps in favor of “peanut butter raises”—and it’s hurting employee morale. Around 36% of U.S. companies say they gave out standard, across-the-board pay increases
SpaceX stock isn’t just falling. It’s hitting every branch on the way down. After surging to a $2.6 trillion valuation on its third day of public trading, SpaceX stock has tumbled 46%, wiping out more than $1.2 trillion of that in the process. The initial wave of selling came as investors balked at lofty valuations.
Parasitic illness cases in 15 states have been linked to iceberg lettuce, U.S. health officials said Wednesday. Cyclospora cases have been reported in at least 47 states this year, and investigators have continued to probe how many could be linked to a common contaminated source. The Centers for Disease Control and Prevention said the number of states tied
I still remember when I first got the email from one of my husband’s cousins about his grandmother’s upcoming birthday: “Nanny loves to travel. What if we give her a trip to Iceland for her birthday? And as many of us can go with her as possible!” The flurry of responses showed that we were
