Becker College Closes its Doors Due to Pandemic Financial Losses

Becker College, a private liberal arts college of around 1,800 undergraduate students, is officially closing in August due to a financial strain caused by the COVID-19 pandemic. The Massachusetts-based college has already set up “academic pathways” to allow displaced students …

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Archegos Liquidation Impacts Financial Markets, Stocks Tumbling

U.S. stock markets tumbled yesterday following news that Bill Hwang’s Archegos Capital Management was liquidating $30 billion in assets to cover a margin call that went south. The large sell-off was triggered by Archegos’ positions in something called a contract-for-difference, …

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