Insurance tech firm Corgi raises $106 million at a $2.6 billion valuation, marking a threefold increase in just three weeks. Insurance technology startup Corgi secured $106 million in a Series B1 funding round, elevating its valuation to $2.6 billion. The raise follows a $
Quick Read - Vanguard Total Bond Market ETF (BND) has returned 18% cumulatively over a decade, outpacing single premium immediate annuities (SPIAs) which deliver IRRs of 2.8% to 4.8% depending on longevity. - Annuity agents frame guaranteed income as safety while obscuring the...
Quick Read - Vanguard Total Bond Market ETF (BND) has returned 18% cumulatively over a decade, outpacing single premium immediate annuities (SPIAs) which deliver IRRs of 2.8% to 4.8% depending on longevity. - Annuity agents frame guaranteed income as safety while obscuring the...
Key Points - XPeng expects a strong Q2 rebound, guiding for deliveries of 100,000 to 106,000 vehicles and revenue of RMB 19.6 billion to RMB 20.8 billion after a weak first quarter. First-quarter revenue fell 17.6% year over year, and the company posted a net loss of RMB 1
Key Points - Hormel’s Q2 results beat expectations, with organic sales growth across all three segments, a 70-basis-point gross margin expansion to 17.4%, and adjusted EPS up 14% to $0.40. Management said this marked the company’s sixth straight quarter of organic net sale
The steakhouse restaurant sector has faced a major impact from an increase in beef costs, as steak prices spiked 16% to $12.73 per pound in March 2026, according to data from the Federal Reserve Bank of St. Louis, WIBC- Radio reported As the price of beef increases
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full protection offered by U.S. regulators. What to know: - Europe lacks crisis
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full protection offered by U.S. regulators. What to know: - Europe lacks crisis
A 60-day ceasefire extension framework has been agreed upon but requires final approval from President Trump to proceed. Negotiators from the US and Iran have finalized a memorandum of understanding for a ceasefire, structured in two phases. The agreement includes a 60-day
Former President Trump claims regulatory actions by ex-SEC Chair Gensler drove Bitcoin and crypto trading overseas before his policies intervened. Former U.S. President Donald Trump stated that his administration prevented the collapse of the domestic crypto industry, blam
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