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Category: Education

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How the NAHB’s Remodeling Market Index (RMI) is Measured

SOURCE: NAHB The RMI survey asks remodelers to rate five components of the remodeling market as “good, ” “fair” or “poor.” Each question is measured on a scale from 0 to 100, where an index number above 50 indicates that a higher share view conditions as good than poor. The Current Conditions Index is an…
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Google-backed ‘plumber’ Amwell spikes in debut, IPO a barometer of booming telehealth market

SOURCE: YAHOO FINANCE American Well Corp. (AMWL), began trading Thursday in a long-awaited move that may help boost competition in the increasingly hot telehealth market, and rides a wave of growing enthusiasm for virtual doctor visits that swelled during the COVID-19 pandemic. Amwell’s stock opened at $25 per share, well above the initial public offering (IPO)…
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Clean Energy Trust backs 2 new Chicago startups

SOURCE: CHICAGO INNO Two Chicago cleantech startups just got funding from the Clean Energy Trust, a fund that backs energy upstarts across the Midwest. The Chicago-based Clean Energy Trust announced Wednesday that it invested in Renewance, a startup focused on battery recycling that connects electric vehicle companies and other businesses to recycling solutions, and Iris Light Technologies, a maker…
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Telehealth Startup Launches Platform to Treat Coronavirus Patients Remotely

SOURCE: CHICAGO INNO With hospitals becoming overcrowded with coronavirus patients, a Chicago startup has developed a tech-based method to care for COVID-19 patients at home. Chicago telehealth startup 4D Healthware announced that it launched a new COVID-19 monitoring platform, based on its original software, which allows for remote monitoring, physician and lab supported diagnosis, and at-home treatment. By equipping…
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This Chicago Biotech Startup Aims to Find a Cure for Aging by Targeting ‘Zombie Cells’

SOURCE: CHICAGO INNO Lewis Gruber, who’s turning 70 this year, says he has no plans on dying. Well, that’s not entirely true. The biotech entrepreneur has prepared a will. And when pressed on exactly how long he expects to live, he replied calmly, “Something on the order of 120 I wouldn’t think would be out…
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BrewBike Raises $2 Million, Sells its 100,000th Cup Coffee

SOURCE: CHICAGO INNO BrewBike, a coffee startup with roots at Northwestern University, has secured $2 million from investors as it celebrates a major milestone—selling 100,000 cups of coffee. The startup announced Wednesday that it raised $2 million in a seed round led by CEAS Investments, a venture firm with a focus on early-stage consumer product companies. The…
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5 Things Every Startup Should Know

Source: Entrepreneur At the tender age of 19, Rob Rohn and Dan Mermelstein started selling aftermarket auto accessories from their college dorm room. Ten years, four locations and 23 employees later, Gilbert, Ariz.-based Vivid Racing is a $10 million business. We asked Rohn and Mermelstein, both 29, to share a few of the business insights…
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U.S., Chinese trade deputies face off in Washington amid deep differences

Reuters WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in nearly two months on Thursday, as the world’s two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war. READ MORE

Futures Explained: What Futures Provide the Financial System and Society

The role of futures in the financial markets and society is widely misunderstood. Futures do not inherently destabilize the financial system, and they are not devices made purely for speculation. Futures, especially exchange-traded futures, have massively contributed to the creation of the modern financial system. This system allows for capital to be put to use…
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