Defying all expectations, the percentage of women in the workforce with young children is significantly higher than it's ever been, says a new report from the Hamilton Project at the Brookings Institution.
Why it matters: This could represent a "level shift" for working mothers — with potential lifetime consequences in terms of higher earnings and improved career trajectories.
Americans saw income growth that slowed to a crawl in July, but their spending rate decidedly did not.
Why it matters: Americans are saving less to continue spending robustly, even as income growth slows — telling us something important about the economic currents that will shape the next year.
Salesforce's offer to lead Hugging Face's Series D round didn't come with the highest valuation, Axios has learned, but the software giant managed to edge out several high-profile investors to seal the deal.
Why it matters: The current artificial intelligence boom has led to competition among venture capitalists, startups and tech giants racing to stay ahead in what many view as "the next technological shift."
When we invest in the stock market we're no longer just trying to make good investment decisions; we're engaging in a political act. That's the message to be found between the lines of Public's latest retail investor report.
Why it matters: The retail investors on Public — a stock-market brokerage — are acutely aware of the responsibilities that now seem to come attached to investing in the market. As a result, if they don't live up to those responsibilities (and, whisper it, nearly all of us don't), they can feel like they're hypocrites.
Securities and Exchange Commission chair Gary Gensleris very clearly anti-crypto — but other parts of the U.S. government aren't necessarily on the same page.
Why it matters: Recent court rulings against the SEC underscore how crypto regulation is going to remain messy and unpredictable for the foreseeable future.
How much is a big hedge fund worth, with neither its founder at the helm nor his hand-picked successor? The answer seems to be roughly $731 million — the amount that a group led by Boaz Weinstein is bidding for Sculptor, the hedge fund formerly known as Och-Ziff.
Why it matters: Hedge funds, as companies, tend to be notoriously terrible investments. But once they're established and have reached a certain size, they do tend to retain something money managers value quite highly.
The eye-popping success of "Barbenheimer" pulled the summer box office back from the brink of disaster. But its impact could be short-lived as theaters face a suspenseful future.
Why it matters: If theaters have to rely on never-before-seen cultural events to hit their numbers, they're in more trouble than we thought.
One in four of America's workers is 55 or older. But age discrimination persists in offices, keeping many of those people out of jobs.
Why it matters: Older workers are facing long periods of unemployment, stressful job hunts and mounting financial stress — and employers are missing out on an entire generation of life experience.
