City Boston Financial News

Solving the world’s biggest issues will involve, at least in part, an area of technology that is known as ‘deep tech’ and it’s now an established asset class according to new research.

Cybersecurity is among the top three important segments for companies in the Indian financial services industry but there is a gap in the industry needs and the availability of skills. Companies in general are looking for experienced professionals but this being a nascent segment, Indian universities have not been producing as many skilled professionals as the industry needs. «The Indian curriculum is more focused on AI, ML, and other data science courses but not cybersecurity,» said Abhik Chatterjee at Boston Consulting Group, which advises top banks in the country.

Investing.com — In the holiday-shortened week ahead investors will be looking to the minutes of the Federal Reserve’s latest meeting for any fresh insights on the future path of interest rates. Retailers are preparing for what they hope will be another bumper holiday shopping season. Nvidia is the last megacap company to report earnings and oil prices look set to remain volatile. Here’s what you need to know to start your week.

Nicki Minaj, the Grammy-winning rapper, has announced her newest tour named 'Pink Friday Tour 2'. The singer has revealed the places where she will be performing. However, the dates of the tour will be announced next month.

By Ann Saphir and Michael S. Derby

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could yet be needed.

By Karen Freifeld

revenue growth that's four times faster than those that are more stringent about office attendance, a new survey shows, adding fuel to the debate over productivity and performance in today's workplaces. The analysis of 554 public companies that employ a collective 26.7 million people found that «fully flexible» firms which are either completely remote or allow employees to choose when they come to an office increased sales 21% between 2020 and 2022, on an industry-adjusted basis. That compares with 5% growth for companies with hybrid or fully onsite workforces. The study, by flex-work advisor Scoop Technologies and Boston Consulting Group, included companies across 20 sectors, from technology to insurance. Revenue growth was normalised against average industry growth rates so that employers in better-performing areas would not skew the findings. Among the companies that did require at least some office attendance, those that came in a few days a week boosted sales at twice the rate of those in the office full-time, according to the survey.

In September, the award-winning author and academic Ibram X

By Herbert Lash

The collection, including more than 200 lots up for sale, was assembled by a French collector who initially hoped to open a museum celebrating the musician but later scrapped the plan, according to RR Auction of Boston, which is overseeing the sale. The collector had reached out to individuals who worked closely with Prince to gather the items, believing that the trendsetting artist, who died in 2016, was not only a musical virtuoso but also a fashion icon, according to the auction house. One of the highlights of the auction is a white ruffled shirt worn by Prince during his 1985 American Music Awards performance of the song 'Purple Rain.' The auction house estimated its value at $15,000. The auction traces Prince's evolution in music and fashion from his 'Purple Rain' era through to his death, according to Bobby Livingston of RR Auction. «What this auction really does is it shows the influence and legacy of Prince with his fashion choices and how it relates today, when you see all these artists on tour, you know, different costumes, different outfits, reinventing themselves for each tour,» he said. Also up for auction is the outfit Prince wore from 'Under the Cherry Moon,' a 1986 film starring Prince that also marked his debut as a director.

A new study released this week from a collective of four American business scholars highlights the potential opportunities and risks donors and charities face when dealing with cryptocurrency donations. 

Wynn Resorts (NASDAQ:WYNN) shares fell more than 5% after-hours despite the company reporting better-than-expected Q3 results.

By Herbert Lash and Marc Jones

Melanie Martinez has announced the North American Arena Tour dates. The Trilogy Tour is one of Martinez's most ambitious concerts which will showcase the live performance evolution of Melanie Martinez's alter ego, «Cry Baby.» Further, the tour will feature chart-bursting hits from Martinez's three groundbreaking albums including Cry Baby, K-12, and Portals. All of these tracks have garnered an impressive 14 billion streams globally. The tour will begin on May 10, 2024, at Seattle WA’s Climate Pledge Arena. Later, Martinez will move to arenas across North America through mid-June. Further, the presale tickets for the tour will go live on Tuesday, November 14, at 9 am PT/12 pm ET. On the other hand, the general ticket sales will begin on Friday, November 17, at 10:00 am local time at www.thetrilogytour.com.

First-class recreation centers in low-income neighborhoods — dozens of them, scattered around the nation

By Nate Raymond

Boston University said Tuesday that its initial inquiry into the antiracist research center run by best-selling author and academic Ibram X

Clients on Monday won another arbitration decision, this time for $246,000, stemming from a broker-dealer’s sale of bonds from GWG Holdings Inc., a defunct life settlement business that is now in bankruptcy.

By Blake Brittain

President Joe Biden is promoting new cash for Amtrak