Explore budgeting, investments, and financial strategies to empower your financial success.
Games
Electronic Arts (EA), one of the world’s largest video game publishers, is reportedly on the verge of a $50 billion sale to a consortium of investors that includes private equity giant Silver Lake and Saudi Arabia’s Public Investment Fund (PIF). The deal, first reported by The Wall Street
Finance
Robinhood, the trading platform that shook up stock and crypto markets by bringing them to retail traders, is now betting big on venture capital. The company is preparing to launch a new investment vehicle that would give everyday investors access to privately held start-ups — a corner of the market traditionally
Funding
Fintech company Pipe is teaming up with Uber Eats in a new initiative designed to make it easier for small restaurants to secure capital. The partnership will embed Pipe’s financing technology directly into the Uber Eats Manager app, giving thousands of U.S. restaurants access to customized, pre-approved funding
Finance
Swedish buy now, pay later (BNPL) pioneer Klarna is moving forward with a long-anticipated public debut, announcing plans to raise up to $1.27 billion in a New York Stock Exchange listing that could value the company at up to $14 billion. Details of the Offering According to Klarna’s
Retail
Walgreens has undergone a major leadership shakeup following its $10 billion acquisition by private equity firm Sycamore Partners. The deal, finalized on Thursday, also marks a structural overhaul that splits the business into several independent companies. According to a company statement, Walgreens — the well-known U.S. retail pharmacy chain — will
Manufacturing
GE Appliances, owned by China’s Haier Group, announced Wednesday that it will invest more than $3 billion over the next five years in its U.S. operations and workforce, a move aimed at bolstering domestic manufacturing following tariff policies introduced under the Trump administration. The investment will generate 1,
Economy
The United States has crossed a historic and alarming fiscal milestone: the national debt has climbed past $37 trillion, a record sum reached years earlier than experts had anticipated. The figure, published Tuesday in a Treasury Department report, underscores the pace at which federal borrowing has accelerated — and the growing
Funding
OpenAI, the powerhouse behind ChatGPT, has raised a staggering $8.3 billion in a funding round that pushes its valuation to an eye-popping $300 billion, according to The New York Times. This marks a significant milestone in the company’s broader goal to raise $40 billion this year and reflects
Finance
Ramp, the fast-growing expense management startup, has raised an additional $500 million in funding just 45 days after its last financing round—bringing the company’s valuation to a staggering $22.5 billion post-money. The round was led by Iconiq Growth with support from Founders Fund and D1 Capital Partners,
Funding
Artificial intelligence startup Anthropic is reportedly closing in on a major funding deal that could raise between $3 billion and $5 billion, potentially tripling the company’s valuation to a staggering $170 billion. The news, first reported by Bloomberg, signals an aggressive new phase of growth for one of the
Artificial Intelligence (AI)
Anthropic, the AI startup backed by Amazon and founded by ex-OpenAI researchers, has launched a new suite of tools specifically designed for financial services professionals. Announced Tuesday at an event in New York City, the Financial Analysis Solution is a tailored version of the company's enterprise product, Claude
Banking
Revolut, one of Europe’s leading fintech firms, is reportedly seeking a new funding round that could push its valuation to an impressive $65 billion, according to a recent report from the Financial Times. The London-based company is said to be in advanced discussions to raise approximately $1 billion through