By Rocky Parker | Published July 5, 2024
If you had trouble keeping up with the 7,000+ finance-related press releases to cross the wire in May and June, we understand! Our team has been monitoring the headlines and we’re here to cover some of the most-read releases of the past two months as well as some of the larger themes among the announcements.
From a Small Business Week recap to advancements in AI-driven fintech and Americans’ somewhat confounding views on the economy, this post has you covered.
Let’s dive in!
Popular Finance Releases
Some releases just draw in readers regardless of which trend they may or may not be tied to. These are a few of the most-read finance releases during the past two months.
- Fortune Announces 2024 Fortune 500
- Pi Network Surpasses 12M KYC’d Global Users and Announces New Product Updates as Open Mainnet Progress Continues
- AlphaSense to Join Forces with Tegus; Increases Latest Valuation to $4B
- Fisher Investments Selects Advent International and ADIA as Strategic Partners in Minority Common Stock Investment
- Capital One and Walmart Announce End of Consumer Card Partnership Agreement
Finance News Trends
Let’s dive in to the big finance news trends of May and June and take a look at some of the related releases.
Small Business Week
The two-month period kicked off with National Small Business Week (April 28-May 4). The week acknowledges the critical contributions of America’s entrepreneurs and small business owners. According to a press release from the U.S. Small Business Administration, this year’s celebration was unique. “Set against the backdrop of the historic Small Business Boom fueled by the Biden-Harris Administration’s Investing in America agenda, this National Small Business Week holds unique significance as we honor the entrepreneurs who create jobs, strengthen their neighborhoods, and solve global problems,” the release states.
While the small business releases may have spiked during the weeklong event, they were still ever present on the wire throughout the rest of May and June.
In all, PR Newswire distributed more than 400 small business press releases during the past two months, including these ones that stood out:
- KeyBank’s 2024 Small Business Survey found that despite their concerns about inflation, fraud and political noise, small business owners show signs of confidence about the year ahead.
- Portal.ai launched in June to level the competitive business playing field. The platform equips SMBs with an easy-to-use app that offers one-click actionable advice for their business based on the best methodologies.
- Business banking platform Relay announced the close of a US$32.2 million Series B financing round. “Relay gives them cash flow clarity and control—what SMBs need to sustainably fuel everyday operations—by pairing financial services with software and making banking work harder for them,” said Yoseph West, Relay’s Co-Founder and CEO.
- The Long Island African American Chamber of Commerce (LIAACC) announced a partnership with Trellus to distribute $125,000 in JumpSMART grant funding to minority-owned small businesses in Suffolk County.
- Business mentor organization SCORE launched a small business pitch competition that offers entrepreneurs a chance to win up to $20,000 and gain the knowledge and skills necessary to propel their business to new heights.
For the full article, go to: https://www.prnewswire.com/resources/news-trends/finance-news-trends-may-june-2024/
