Recent Articles from Business Wire

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Columbia Mutual Insurance Company (Columbia Mutual), Columbia National Insurance Company and Association Casualty Insurance Company. Concurrently, AM Best has assigned an FSR of A- (Excellent) and a Long-Term ICR of “a-” (Excellent) to Ozark Specialty Insurance Company. The outlooks assigned to these Credit Ratings (ratings) is positive. Collectively these companies comprise Columbia Insurance Group (Columbia) and are headquartered in Columbia, MO.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Jacana Re Limited (Jacana Re) (Guernsey). Jacana Re is a subsidiary of BHL Holdings Limited (BHL), a non-operating holding company. The outlook of these Credit Ratings (ratings) is stable.

The "Mobile Money - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Align is proud to announce the expansion of its Data Center Assessments & Modernization practice with the addition of two industry leaders, Jakob Steinmetz and Jason Bishop. This expansion enhances Align’s ability to guide clients through the evolving demands of AI and high-performance computing (HPC) infrastructure.

PharmaJet®, a company that strives to improve the performance and outcomes of injectables with its enabling needle-free injection technology, today announced that Vaccines has published the results of an implementation research study entitled Evaluating the impact of needle-free delivery of inactivated polio vaccine on Nigeria’s routine immunization program: An implementation hybrid trial.1 The study, funded by a multi-year, US$1.5 million grant from the USAID Development Innovation Ventures Program, in collaboration with the Nigeria National Primary Health Care Development Agency (NPHCDA), Jhpiego, PATH, Sydani Group and Johns Hopkins Bloomberg School of Public Health, aimed to comparatively evaluate the vaccine coverage, cost, feasibility and acceptability of using Tropis ID for fIPV delivery compared to the SoC in a routine immunization program. A household survey was completed in Kano and Oyo States following a six-month implementation with children aged 3 to 12 months.

What’s better than unlimited premium wireless at an unbeatable price? Getting unlimited premium wireless and a kick-a$$ phone at an unbeatable price. Mint Mobile (NASDAQ: TMUS) announced that, starting today at noon PT, new customers can get the Samsung Galaxy S25 with Galaxy AI and unlimited premium wireless on the nation’s largest 5G network for $30 a month. This is Mint’s best phone deal ever and is a game-changer in an industry where most phone deals require customers to sign up for service that costs two to three times as much. With this incredible deal, customers get two years of unlimited service and an amazing phone as long as they sign up by July 31!

Citymark Capital, a leading US real estate capital markets platform that invests in multifamily throughout the capital stack, is pleased to announce the appointment of Beth Zayicek as Chief Operating Officer.

Hilton Grand Vacations Inc. (NYSE: HGV), the premier vacation ownership and experiences company, has been named one of America’s Greatest Workplaces 2025 by Newsweek and Plant-A Insights Group. HGV earned this recognition for its commitment to creating an engaging and inclusive workplace culture, while fostering a strong sense of belonging among its team members. This marks the second time the company has received this accolade, achieving a rating of four and a half stars out of five on their score.

The increased risks of a potential recession have continued to gain momentum over the last several months, and short sellers have taken note, according to the latest Hazeltree May 2025 Shortside Crowdedness Report. Major consumer brands, including half of the top-10 most crowded shorts in the Americas, were identified by Hazeltree, a leader in active treasury and intelligent operations technology for the alternative asset industry, alongside notable companies such as Live Nation Entertainment, Inc., Chevron Corporation, Marriott International, Inc., Charter Communications, and Dell Technologies Inc. Overseas, luxury goods fashion conglomerates Kering S.A. and LVMH were among the most crowded shorts in EMEA, with a score of 99, followed by consumer lifestyle sporting goods and leisure lifestyle brands ANTA Sports Products Limited and Oriental Land Co., Ltd., which ranked among the top crowded shorts in APAC.

CFP Board today announced the agenda for its second annual Connections Conference, which will bring together financial planning professionals, educators and industry innovators. The Connections Conference will provide timely insights on topics such as artificial intelligence (AI), tax and estate planning, working with diverse clients and the psychology of financial planning, delivering strategies CFP® professionals can implement immediately.

Xcimer Energy Inc. announced today that semiconductor scale-up pioneer Dr. Silvia De Dea has joined in an all-new role of Head of Materials and Process Engineering. The company also launched an industry-leading advisory board of fusion industry veterans.

Sydnexis, Inc., (www.sydnexis.com) a pre-commercial stage biopharmaceutical company today announced that the European Commission (EC) has granted marketing authorization for SYD-101, the company’s proprietary low-dose atropine formulation, for slowing the progression of pediatric myopia. As the first and only approved pharmaceutical treatment option to treat myopia progression in EU countries, this approval marks a significant advancement in pediatric eye care. The approval is backed by data from the STAR study, Sydnexis’ pivotal Phase 3 clinical trial evaluating its proprietary low-dose atropine formulation to slow the progression of pediatric myopia and the risk of associated co-morbidities in children 3 to 14 years old at treatment initiation.

BNP Associates, Inc. (“BNP” or the “Company”), a leading air transportation design and engineering firm backed by Godspeed Capital Management LP (“Godspeed Capital”), today announced the acquisition of Establish, Inc. (“Establish”), a global consulting firm specializing in warehousing and supply chain logistics. The acquisition of Establish strengthens BNP’s capabilities with a holistic suite of consulting services for clients across the aviation, warehousing and logistics industries.

Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (Biocytogen, HKEX: 02315) today announced that the key technology of its independently developed RenMab™ fully human antibody mouse platform has been granted an invention patent by the Japan Patent Office (JPO). This milestone marks a significant step in strengthening the global intellectual property portfolio of the RenMice® fully human antibody platform family. It underscores the continued advancement of Biocytogen’s comprehensive global patent strategy and highlights the innovation and international recognition of the company’s proprietary technologies.

Arrcus, the hyperscale networking software company and a leader in core, edge, and multi-cloud routing and switching infrastructure, today announced the appointment of Madalina Suceveanu to its Executive Advisory Board. A veteran telecommunications and media executive, Suceveanu currently serves as Managing Director, Mobile and Cloud at Liberty Global, and brings decades of experience driving network innovation, strategic investments, and operational excellence across Europe and Africa.

Energage, the HR technology company that powers the Top Workplaces employer recognition program, today announced a new partnership with Bucketlist, a leading employee rewards and recognition platform. Together, they will publish the inaugural Top Workplaces for Frontline Workers award, a first-of-its-kind national recognition honoring companies that prioritize the needs, contributions, and workplace experience of their frontline staff.

Global venture capital firm New Enterprise Associates, Inc. (NEA) today announced the promotions of technology investors Madison Faulkner and Mustafa Neemuchwala to Partner. Faulkner, based in NEA’s Menlo Park office, focuses on early-stage investments in data, infrastructure, developer tools and AI. Neemuchwala invests in AI, cybersecurity and infrastructure across all stages and is based in the firm’s New York office.

Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, today announced Russ Laplante has been appointed Chief Financial Officer. Convergent Co-Founder Frank Genova, who previously held the role, will transition to Co-Chief Executive Officer, alongside current Chief Executive Officer and Co-Founder Johannes Rittershausen.

CADDi, the AI-powered data platform transforming manufacturing by democratizing supply chain and design data, today announced the appointment of Chris Cope as Vice President of Engineering. Cope brings over 20 years of expertise in building technology with a strong focus on artificial intelligence, security, and automation.

Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, has launched a research study evaluating digital transformation service and solution providers supporting the medical devices industry, exploring how they help device makers address technology challenges while accelerating innovation and time to market.

Murf AI, a leader in ethical, enterprise-grade AI voice solutions, today debuts “The PPT Rap,” a first-of-its-kind music video voiced entirely by AI. Inspired by the universal pain of slide deck overload, the track blends humor with innovation and will be available across major streaming platforms.

ISN, the global leader in contractor and supplier information management services, announced Clearlight Energy, a renewable power generation company, has selected ISNetworld as its primary contractor information management platform to unify operational and onsite safety processes. The partnership builds on Clearlight Energy’s legacy ties to Liberty Utilities, which has leveraged ISNetworld since 2012.

Business Wire invites public relations, communications, and marketing professionals to join an expert-led panel discussion, “Maximizing the Impact of Global News Distribution,” on Thursday, June 12, 2025, at 10 a.m. PT / 1 p.m. ET.

Pink Bows Foundation (“organization” or “Pink Bows”) announced today another milestone - its global expansion - growing its impact with the successful delivery of two additional accredited Showstop® Procedure courses hosted by Denmark’s Roskilde Festival and attended by Paleo Festival and Engage Festival, among other event organizers and managers across Europe. Other sold-out training sessions took place in Dublin and Glasgow, with further courses to be announced for Fall 2025.

The "Human Microbiome-based Drugs and Diagnostics: Global Markets" report has been added to ResearchAndMarkets.com's offering.

Citizens for Judicial Fairness today responded to a new Stanford study from renowned professor Joseph Grundfest that shows Delaware’s Chancery Court has become a national outlier in awarding excessive legal fees. The report, which analyzed thousands of cases, found that Delaware hands out attorney fee multipliers at a rate up to 57 times higher than federal courts – with some attorneys being paid as much as $35,000 an hour.

Cerio, a leading provider of software-defined composable infrastructure, today announced with Cloudiogram, the delivery of turnkey AI factory services designed for enterprises across the Arab world. This joint solution brings together Cerio’s innovative composable disaggregated infrastructure (CDI) platform with Cloudiogram’s strong regional footprint and expertise in turnkey technology deployment.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Convex Re Limited (CRL) (Bermuda), Convex Insurance UK Limited (CIL) (United Kingdom), Convex Europe S.A. (CES) (Luxembourg) and Convex Guernsey Limited (CGU) (Guernsey). All four entities are wholly owned subsidiaries of Convex Group Limited (Convex) (Bermuda), the non-operating holding company of the group. The outlook of these Credit Ratings (ratings) is stable.

The "Trading Card Games Market" report has been added to ResearchAndMarkets.com's offering.

The "Post Event Analysis - The Masters 2025" report has been added to ResearchAndMarkets.com's offering.

Global Relay, a leading provider of end-to-end compliance solutions for highly regulated industries, has shared the findings of its third annual report into the major compliance challenges facing financial firms.

Ameriprise Financial, Inc. (NYSE: AMP) today announced that it received high recognition in the 2025 Kiplinger Readers’ Choice Awards. Kiplinger, a publication known for personal finance advice and news, invited their readers to rate the financial firms they affiliate with on key dimensions of the client experience. Ameriprise was one of only two firms to earn an “outstanding” accolade in all four categories surveyed:

Dynatrace (NYSE: DT), the leading AI-powered observability platform, is accelerating the generational shift in enterprise software development by extending the Dynatrace platform with agentic AI capabilities. Designed to predict and prevent disruptions, protect systems and data, and optimize operations autonomously, these advancements mark a new era of productivity and agility, fundamentally redefining how businesses manage digital transformation.

In the first quarter of 2025, banks reclaimed ground across the automotive finance industry, signaling notable market share growth. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q1 2025, banks’ total market share increased to 26.55% during the quarter, from 24.79% in Q1 2024. Meanwhile, captives’ market share declined from 31.28% last year to 29.81% this quarter and credit unions experienced slight growth from 20.20% to 20.63% during the same time.

Pricefx, the global leader in AI-powered pricing software, today announced the launch of its Negotiation Guidance solution on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts.

Dynapower, part of Sensata Technologies, a global leader in energy storage solutions, announces the launch of its latest utility-scale product, the MV Integrated PowerSkid™. Combining highly efficient three-level CPS-2500 converters – Dynapower’s 5th generation of MW-scale inverters – with a medium-voltage step-up transformer, the MV Integrated PowerSkid™ offers a compact solution for medium-voltage applications in the renewable, BESS, and hydrogen sectors.

The "Denmark Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to ResearchAndMarkets.com's offering.

SailGP, the global league that is redefining sailing, is getting a major tech upgrade from the fastest 5G network in the nation. T-Mobile (NASDAQ: TMUS), SailGP’s exclusive U.S. 5G partner, is returning to the Mubadala New York Sail Grand Prix on Governors Island, June 7–8, with next-level 5G innovation. By deploying its 5G Advanced Network Solutions (5G ANS) — including hybrid and private networks along with network slicing — T-Mobile is powering smarter race operations, sharper camera angles and lightning-fast data delivery. The result: a more immersive and responsive experience for fans at home and real-time insights that help teams perform at the highest level on the water.

The "Romania Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to ResearchAndMarkets.com's offering.

AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) will report its financial results for the fourth quarter and full fiscal year 2025, which ended April 30, 2025, after the market closes on Tuesday, June 24, 2025. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results.

CallMiner, the leading provider of AI-powered conversation intelligence to improve customer experience (CX), today announced that Forrester Research identified the company as a Leader in The Forrester Wave™: Conversation Intelligence Solutions for Contact Centers, Q2 2025.

Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the successful closing of a senior secured revolving credit facility in an aggregate principal amount of up to $20.0 million (the “Credit Facility”), of which an aggregate amount of up to $3.0 million will be available through a letter of credit sub facility, with Citizens Bank, N.A. (“Citizens”). Backblaze enters into the agreement with a strong liquidity profile, including more than $50 million in cash and marketable securities as of March 31, 2025.

SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced the continued evolution of its platform with the introduction an AI-powered intelligence layer and enhanced energy management tools designed to empower operators to make informed decisions to reduce utility waste, cut costs and support ESG goals.

Boxlight Corporation (Nasdaq: BOXL)—recognized as one of the top ed-tech companies in the world for innovative solutions that enhance communication and collaboration in educational institutions and businesses—is expanding its lineup of professional signage solutions with the CL Totem, now available in North America. This modern, freestanding display offers a simple and effective way to share information in high-traffic spaces, with no need for mounting, subscriptions or complex setup.

Nursa, a nationwide platform that exists to put a nurse at the bedside of every patient in need, announced today the winners of its inaugural Best Facilities of 2025 awards. The program celebrates healthcare facilities across the U.S. that received high reviews from clinicians on the Nursa platform and have demonstrated exceptional reliability, clinician support, and a commitment to high-quality patient care.

Payfinia, an open, real-time payments framework, announced today it won the Best Credit Union/Community Bank & FinTech Partnership by Fintech Futures’ Banking Tech Awards USA 2025 with Star One Credit Union ($10.2 billion, 124,000 members). The Banking Tech Awards USA honor technology excellence and innovation in the banking and financial services sector, spotlighting the standout projects, products, services and teams driving progress in the industry.

Belmont Village Senior Living, a leading developer, owner, and operator of senior living communities across the nation, proudly announces that Allyson Fujii, Director of Memory Programs at Belmont Village San Jose, has received the California Assisted Living Association (CALA) Excellence in Service Award. The prestigious honor, awarded during the 2025 CALA Spring Conference, celebrates Allyson’s exceptional contributions to memory care programming and her deep commitment to improving residents’ lives.

The founders of Shoptalk and Groceryshop–Anil D. Aggarwal and Simran Rekhi Aggarwal–today announced a bold new chapter in retail industry events with the launch of RetailClub. Joining the Aggarwals as co-founders of RetailClub are the former leadership team of Shoptalk and Groceryshop, Caroline Farley and Krystina Gustafson.

Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced it will host a R&D day in New York City to discuss its neurological and rare diseases pipeline on Wednesday, June 25, 2025 at 8:30 AM ET.

ZoomInfo (Nasdaq: GTM), the Go-To-Market Intelligence Platform, today announced it is the official premium lead sponsor of “Glengarry Glen Ross,” the 1984 Pulitzer Award-winning Broadway play by David Mamet. The record-breaking limited engagement runs at Palace Theatre through June 28.

Thryv Holdings, Inc. (NASDAQ:THRY), provider of the leading small business marketing and software platform, announced today it earned a spot on Newsweek’s annual Top 100 Global Most Loved Workplaces®. This marks Thryv’s second consecutive year appearing on the prestigious list.

Drive Health, a Phoenix-based digital health startup, today announces the appointment of James Stringham as Chief Strategy Officer (CSO). Stringham brings unmatched experience in public sector healthcare, having most recently led organizations like Banner Government Health Plans and Magellan Healthcare through complex, large-scale public sector contracts including AHCCCS Complete Care (ACC) in Arizona and other Medicaid and Medicare initiatives nationwide.

As hurricane season begins, Allstate is ramping up its response efforts and encouraging homeowners and renters to take action. New research shows that nearly two-thirds of U.S. families don’t have a disaster plan1. Allstate has already processed over $3 billion in weather-related claims this year, underscoring the importance of preparation.

mJob, a leading provider of construction field management software for over 30 years, is thrilled to announce the launch of mJob Essentials, a groundbreaking platform designed to make enterprise-class labor management affordable for contractors of all types and sizes.

Buddy.ai, the world’s first conversational AI tutor for kids, today announces it was recently recognized as officially fully compliant with the Children's Online Privacy Protection Act (COPPA) as certified by the kidSAFE Seal Program. This means that the parents of Buddy’s 20 million annual users can rest assured that learning English with Buddy is a safe and privacy-friendly choice.

Merz Aesthetics® Canada announced today the Health Canada approval for Radiesse® for the treatment of moderate wrinkles in the décolleté area. Radiesse® is a regenerative biostimulator1 capable of regenerating multiple components of the skin tissue, resulting in healthier-looking skin,1,4,5 and is now approved for use in the décolleté area, adding to the product’s versatility.

PaceMate, the cardiac remote monitoring platform that leading healthcare providers trust, today announced the appointment of JR Finkelmeier as Chief Executive Officer (CEO). Finkelmeier joined PaceMate as Chief Commercial Officer in 2024, after years leading Philips’ multi-hundred-million-dollar ambulatory monitoring division. As CEO of PaceMate, he will lead the company through operational transformation in support of plans for significant commercial expansion. Finkelmeier succeeds founding CEO Tripp Higgins, who will become the Chairman of the Board of Directors.

AgelessRx, a pioneer in longevity and telehealth solutions, announces the launch of its newest offering: Tadalafil Daily, a clinician-directed, low-dose, daily version of a well-known PDE5 inhibitor.

Grimoire, a new queer-led skincare brand founded by Vincent Branchesi and Karim Fadel, launched today with a bold mission: to deliver clinically-proven, “after-fun” skincare – products made to restore and revive skin from the realities of modern life – sun, stress, jetlag, late-night. Each formula combines clean, high-potency encapsulated ingredients to deliver transformative results.

Forescout Technologies, Inc., a global cybersecurity leader, today announced a strategic partnership with Coalfire to accelerate the FedRAMP Authorization to Operate (ATO) processes for Forescout Cloud Services.

Securiti AI, the pioneer of Data+AI Command Center, today announced expansion of its go-to-market (GTM) leadership team, amid strong momentum and triple digit growth quarter over quarter. This momentum is fueled in part by the growing demand for AI, which requires comprehensive security and controls around data in order to deploy enterprise-grade AI systems. Securiti AI is uniquely positioned to address this massive emerging market with its Data+AI Security platform.

iFIT Inc., a global leader in intelligent, personalized fitness, today announced a new partnership with Xponential Fitness to bring iFIT members access to premium Pilates and yoga content from Club Pilates and YogaSix. This collaboration expands iFIT’s Emmy-nominated fitness library, offering members more diverse, studio-quality workouts from two of the most popular fitness brands in the boutique space.

X1®, the global leader in micro-index in-place data discovery software for legal, compliance, investigation and productivity use cases, today announced the launch of X1 Search 10, a major upgrade to its powerful individual and business productivity solution. The new evolution of X1 Search expands the user-based search experience with its ability to rapidly search and find the exact information needed across all data sources, now including expanded support for Slack, enhanced Microsoft 365 integration and archived email search, accelerated multi-terabyte volume data search, and new tagging and review tools - all using a single, unified search interface.

Bitdefender, a global cybersecurity leader, today announced GravityZone Compliance Manager, a new addition to its GravityZone platform that helps organizations reduce the burden of compliance and streamline audit readiness. Designed specifically for today’s complex regulatory landscape, the solution provides real-time visibility, automated remediation, audit-ready reports, and one-click compliance documentation fully integrated with Bitdefender endpoint security and risk analytics.

Orca Security, a pioneer of agentless cloud security, today released the 2025 State of Cloud Security Report, providing critical insight into cloud security risks identified by the Orca Cloud Security Platform. Among the key findings, 84% of organizations now use AI in the cloud, and 62% of organizations have at least one vulnerable AI package.

Uptick, a job management software for fire, safety, security, and field service professionals, today announced a strategic growth investment from PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth. PSGʼs investment seeks to support Uptickʼs commitment to product innovation and continued global expansion with a focus on North America acceleration.

Lightbits Labs (Lightbits®), inventor of the NVMe® over TCP protocol natively designed into their high-performance block storage solution, today published a reference architecture (RA) with AMD, for the industry’s first scalable, highly available, disaggregated, software-defined storage solution that simplifies and accelerates Kubernetes infrastructure deployments. This game-changing solution delivers unmatched price/performance value, enabling a seamless path to application containerization and modernization, while making it easier to manage and scale infrastructure for high-performance and AI workloads.

VTS, the industry's only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today announced record adoption across a number of key metrics for its resident experience solution, VTS Activate Multifamily. The announcement comes as a number of major landlords have recently selected VTS Activate Multifamily as their resident experience solution of choice, marking significant growth for VTS and a spike in metrics across the board, bringing the total number of users on VTS Activate Multifamily to nearly 600k, in over 400k residential units, across 5 countries and 3 continents globally. Major residential industry players such as Lendlease, Habitat, and Stonehenge, among others, have all selected and deployed VTS Activate as their resident experience solution of choice for properties across their portfolio.

Berry Fertility, a leading patient fertility management platform, today announced a revamped app with a powerful suite of new features designed to simplify and support every stage of the fertility journey, from IUI and IVF, to egg freezing and embryo transfers.

Barings, one of the world’s leading investment managers, and Crebrid, the newly rebranded and rapidly growing real estate lending platform formerly known as Wildcat Lending, today announced a new credit facility that will help accelerate Crebrid’s credit origination across the United States.

Rently, the leader in self-touring, smart access, and home automation solutions for the rental industry, today announced the expansion of its smart access ecosystem with a new line of security and surveillance solutions. Security cameras strategically positioned throughout multifamily complexes are a must to create safer communities, as they provide a sense of security to residents, help to boost occupancy rates and decrease turnover, and most importantly, help deter crime and reduce risks.

Artera, the developer of multimodal artificial intelligence (MMAI)-based prognostic and predictive cancer tests, has updated its award-winning ArteraAI Prostate Test with new insights to help higher-risk patients optimize treatment decisions. Artera recently presented its validation data at the 2025 ASCO Annual Meeting, demonstrating the test’s ability to identify high-risk, non-metastatic prostate cancer patients most likely to benefit from the addition of abiraterone to standard therapy from those who don’t.

A new research report from the MissionSquare Research Institute (the Institute) reveals key factors contributing to retirement readiness among public sector employees, including how employee tenure affects overall financial confidence. The report, titled “What Helps Public Sector Workers Feel Ready for Retirement? An In-Depth Study by Job Tenure, and Other Factors,” was co-authored by Zhikun Liu, Ph.D., CFP®, vice president, head of the MissionSquare Research Institute, and Richard Stebbins, Ph.D., J.D., CFP®, assistant professor of Consumer Science at the University of Alabama.

New research from Principal ®finds the Principal Financial Well-Being IndexSM at 6.02 out of 10, down sharply from 7.8 in November 2024, and the lowest level recorded since November 2020. The Index is scored on a 0 to 10 scale, where 0 reflects no confidence in business health and outlook, and 10 reflects complete confidence. Though the drop in optimism mimics the sentiment of businesses during the COVID pandemic, unique macroeconomic concerns of today and lessons learned during the pandemic continue to shape employer response. For example, surveyed employers are focused on retaining staff with cuts potentially coming from discretionary spending or services.

UKG, a leading provider of HR, payroll, and workforce management culture solutions, today announced that the City of Detroit, which is in the midst of a significant economic and urban revitalization, is driving data-driven decision making and building a workplace culture of productivity and accountability with UKG to support its resilient, thriving community.