Unicorns—private startups valued at over $1 billion—have grown into status symbols of a vibrant innovation ecosystem. Fintech, in particular, has become a cornerstone of this narrative, with the U.S. leading the charge. As of early 2025, the United States was home to nearly half of the world’s fintech unicorns—approximately 46 out of 96 globally, far…
Author: Bhagyashree Soni
Keeping crypto clean: risk-based controls for stablecoins
June 24, 2025 – After several false starts, Congress is now on the cusp of enacting a comprehensive regulatory framework for stablecoins — digital assets designed to maintain a stable value, typically by being “pegged” to a fiat currency, such as the U.S. dollar. Arguably, the primary functions of stablecoins to date have been to…
US manufacturing mired in weakness as tariffs bite
WASHINGTON, July 1 (Reuters) – U.S. manufacturing remained sluggish in June, with new orders subdued and prices paid for inputs creeping higher, suggesting that the Trump administration’s tariffs on imported goods continued to hamper businesses’ ability to plan ahead. The Institute for Supply Management (ISM) said on Tuesday that its manufacturing PMI nudged up to…
Capital Expenditure (CapEx) Meaning, Formula, and Example
CapEx is short for Capital Expenditure. It is a key financial metric used by analysts to understand a company’s investment behavior. Read along to learn in detail what capital expenditure means and how to calculate CapEx. Discover its different types and understand how CapEx is different from revenue expenditure. What is Capital Expenditure? CapEx represents…