Eternalhealth Raises $10 Million Series A Funding After Initial $10 Million In Seed Financing

EternalHealth, the first new health plan to be approved in Massachusetts since 2013, announced today that it has raised another $10 million in Series A funding. This additional financing follows an initial $10 million in Seed and Pre-Series A investment by successful healthcare and tech […]

Democrats Look To Scale Back Biden Bill To Get It Passed

According to media reports, momentum is growing for narrowing the scope of President Biden’s social spending and climate package as Democrats seek a way to get the bill through the Senate with Sen. Joe Manchin’s (D-W.Va.) support. Manchin effectively killed a much more wide-ranging bill, […]

Biden Administration Extends Student Loan Pause Through May 1, 2022

The U.S. Department of Education announced a 90-day extension of the pause on student loan repayment, interest, and collections through May 1, 2022. The extension will allow the Administration to assess the impacts of the Omicron variant on student borrowers and provide additional time for […]

Tamil Nadu CM MK Stalin Appoints MR Rangaswami As State’s ‘Investment Ambassador’

Tamil Nadu Chief Minister M.K. Stalin has appointed a prominent Indian American venture capitalist, M.R. Rangaswami as Tamil Nadu’s ‘Investment Ambassador’ on Friday, November 26. Rangaswami has been an active member of the Indian American community whose influence has inspired many. Over the years he […]

Inflation Explained: Why Prices Keep Going Up And Who’s To Blame?

Confused about inflation? You're not alone. Inflation is, paradoxically, both incredibly simple to understand and absurdly complicated.  Let's start with the simplest version: Inflation happens when prices broadly go up. That "broadly" is important: At any given time, the price of goods will fluctuate based […]

Inflation Expectations Among Consumers Hit New Highs, Fed Survey

Americans' inflation fears continued to accelerate in October, climbing for the 12th consecutive month in a row to another record high, according to a key Federal Reserve Bank of New York survey published Monday, November 8, 2021. "Median inflation uncertainty – or the uncertainty expressed regarding […]

2 Indians Led Firms In Forbes List of Future Billion Dollar Companies

Two Indian American-led companies made Forbes magazine’s annual list of 25 venture-backed startups that are most likely to become unicorns, with valuations of more than $1 billion. Legion Technologies, founded by Sanish Mondkar; and Alchemy, co-founded by Nikil Viswanathan and Joseph Lau are featured in […]

Is U.S. Losing The Race To Decide The Future Of Money?

In cities across China, the country’s central bank has begun rolling out the e-renminbi—an all-digital version of its paper currency that can be accessed and accepted by merchants and consumers without an internet connection, credit or even a bank account. Already having conducted more than […]

U.S. Crypto Regulation Talks Are Heating Up, With Three Major Themes Emerging Here’s What They Mean For Investors

One of the founding principles of cryptocurrency is that it’s decentralized and unregulated. But the U.S. government isn’t too worried about crypto’s founding principles. SEC chair Gary Gensler spoke at the Aspen Security Forum Tuesday, highlighting his view of the SEC’s role in cryptocurrency regulation. […]

Biden Administration Grants Automatic Student Loan Forgiveness To 325,000 Permanently Disabled Borrowers

The Biden administration moved Thursday (Aug. 19, 2021)  to grant 325,000 people who are severely disabled automatic federal student loan forgiveness to the tune of $5.8 billion, setting the stage for reforms to a process that is widely criticized as cumbersome and onerous. “The Department […]

Was US Money Used To Fund Risky Research Lab In China That Supposedly Is The Origin Of Coronavirus?

As the debate continues over the origins of the coronavirus, a heated political battle is taking place over virus research carried out in China using US funds. It's linked to the unproven theory that the virus could have leaked from a lab in Wuhan, the Chinese […]