Percentage

ComEd Proposes Discount Program to Reduce Energy Burden for Income-Eligible Customers

Retrieved on: 
Tuesday, March 12, 2024
Philanthropy, Other Energy, Utilities, Oil, Gas, Other Philanthropy, Energy, EXC, Electricity, PIPP, SARP, ICC, Percentage, FPL, Laas, LIHEAP, Commission, Illinois Commerce Commission, Government, LID, Exelon, Commonwealth, Commonwealth Edison

ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.

Key Points: 
  • ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.
  • The proposed program would enable qualifying customers to receive a percentage-based discount on their monthly electric bill determined by income level.
  • “ComEd’s newly proposed low-income discount program builds upon our longstanding commitment to keep bills affordable for all customers,” said Gil Quiniones , President and CEO, ComEd.
  • The program will also promote opportunities for low-income households to participate in the ComEd Energy Efficiency Program, which helps customers manage energy use to save money on future energy bills.

The Conference Board Employment Trends Index™ (ETI) Decreased in February

Retrieved on: 
Monday, March 11, 2024
Employment, Conference, The Conference Board, Growth, Noise, Percentage, Unemployment, Ageing, Bureau, Transport, Insurance, Economics, Unemployment benefits, GDP, ETI, Q3, Consumer confidence, Bureau of Labor Statistics, Employment agency

NEW YORK, March 11, 2024 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in February to 112.29, from a downwardly revised 113.18 in January. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, March 11, 2024 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in February to 112.29, from a downwardly revised 113.18 in January.
  • The Employment Trends Index is a leading composite index for employment.
  • "The ETI decreased in February after two consecutive months of modest increases," said Will Baltrus, Associate Economist at The Conference Board.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.

Percent Announces Private Credit Market Outlook Findings for 2024

Retrieved on: 
Wednesday, December 13, 2023
Banking, Fintech, Professional Services, Finance, Investment, Open API, Organization, Bank, Security (finance), Percentage

Percent , the innovative firm powering the modern private credit marketplace, released their market outlook for 2024.

Key Points: 
  • Percent , the innovative firm powering the modern private credit marketplace, released their market outlook for 2024.
  • According to Percent’s findings, not only will private credit continue to thrive, but there are certain areas to pay close attention to.
  • Key private credit predictions and investor insights for 2024 outlined in the report include:
    Investors will prioritize collateral quality and credit enhancements, and demand more spread for riskier deals.
  • We have been working hard to modernize private credit for this very moment and 2024 will be our strongest year to date.”
    For more information on trends in private credit in 2023 and what is on the horizon in 2024, please read Percent’s 2024 Private Credit Outlook here .

The Conference Board Employment Trends Index™ (ETI) Increased in September

Retrieved on: 
Monday, October 9, 2023
Fed, Unemployment, Bureau of Labor Statistics, Federal, Percentage, Unemployment benefits, Economics, ETI, Employment, Insurance, Industrial production, Bureau, The Conference Board, Growth, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Federal Reserve, Noise, Conference, Video game, Manufacturing, Index

NEW YORK, Oct. 9, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) increased in September to 114.66, from an upwardly revised 114.16 in August. The ETI is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, Oct. 9, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) increased in September to 114.66, from an upwardly revised 114.16 in August.
  • "The ETI rose slightly in September, signaling continued job growth ahead," said Selcuk Eren, Senior Economist at The Conference Board.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.
  • The eight leading indicators of employment aggregated into the Employment Trends Index include:
    Initial Claims for Unemployment Insurance (U.S. Department of Labor)
    Number of Employees Hired by the Temporary-Help Industry (U.S. Bureau of Labor Statistics)
    Real Manufacturing and Trade Sales (U.S. Bureau of Economic Analysis)**
    The Conference Board publishes the Employment Trends Index monthly, at 10 a.m.

Percent Secures Senior Lending Partnership to Expand Capital Sources Available for Lower Middle Market Lenders With Up To $75M of Warehouse Capital

Retrieved on: 
Wednesday, September 20, 2023
Banking, Asset Management, Professional Services, Finance, Growth, Partnership, Ecosystem, Bank, Percentage

Through this partnership, an asset-backed warehouse facility has been established enabling Percent to bring additional growth capital online and increase credit facility sizes for non-bank lending clients.

Key Points: 
  • Through this partnership, an asset-backed warehouse facility has been established enabling Percent to bring additional growth capital online and increase credit facility sizes for non-bank lending clients.
  • "Growth-stage lenders with strong origination pipelines are seeking Percent to take advantage of our private credit ecosystem.
  • The alternative asset management firm’s decision to allocate capital to Percent builds on an already successful track record thanks to the efficiencies Percent has created in the previously antiquated private credit market.
  • With the boom in private credit, this additional investment capacity will galvanize Percent’s ability to continue to meet the needs of the lender finance ecosystem.

The Conference Board Employment Trends Index™ (ETI) Decreased in August

Retrieved on: 
Tuesday, September 5, 2023
Real, Bureau of Labor Statistics, Percentage, Fed, Unemployment, The Conference Board, Employment, U.S. Department of Commerce Office of Security, Noise, Federal, Bureau, Weakness, Economics, Consumer confidence, Stoke, Federal Reserve, Unemployment benefits, Growth, Transport, ETI, Information services, Conference, Video game, Insurance, Employment agency, Index

NEW YORK, Sept. 5, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in August to 113.02, from a downwardly revised 114.71 in July. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, Sept. 5, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in August to 113.02, from a downwardly revised 114.71 in July.
  • The Employment Trends Index is a leading composite index for employment.
  • "The ETI ticked down in August and has been on an overall declining trend since March 2022," said Selcuk Eren, Senior Economist at The Conference Board.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.

Percent Ranks No. 269 on the 2023 Inc. 5000

Retrieved on: 
Tuesday, August 22, 2023
Other Professional Services, Payments, Finance, Banking, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Database, Growth, Inc., Microsoft, Financial services, Chobani, Percentage

269 on the 2023 Inc. 5000 , its annual list of the fastest-growing private companies in America.

Key Points: 
  • 269 on the 2023 Inc. 5000 , its annual list of the fastest-growing private companies in America.
  • Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
  • In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
  • Inc. is thrilled to honor the companies that are building our future.”
    Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022.

Percent Secures Broker-Dealer License, Building on Efforts to Expand Access to Private Credit

Retrieved on: 
Tuesday, August 15, 2023
Professional Services, Payments, Technology, Finance, Fintech, Digital Cash Management, Digital Assets, Growth, Software as a service, Ecosystem, Broker-dealer, Financial adviser, Security (finance), Percentage

Many other broker-dealers are unable to custody customer funds, creating the need to send money to a third-party escrow agent which equates to a fragmented, multistep process.

Key Points: 
  • Many other broker-dealers are unable to custody customer funds, creating the need to send money to a third-party escrow agent which equates to a fragmented, multistep process.
  • FINRA’s approval of Percent Securities LLC’s new membership application as a registered broker-dealer with a $250,000 net capital requirement enables the platform to custody investor funds.
  • With this, Percent aims to remove the pain points and deliver an elevated, connected investment experience for its customers.
  • "Here at Percent, our focus has always been on connecting the entire private credit ecosystem.

Flip Electronics Ranks No. 842 on the 2023 Inc. 5000

Retrieved on: 
Tuesday, August 15, 2023
Database, Culture, Flip, Electronics, Microsoft, INC, Investment, Percentage, Chobani, Growth, Retail

NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Inc. revealed today that Flip Electronics ranks No. 842 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

Key Points: 
  • 842 in 2023, With Three-Year Revenue Growth of 340 Percent - Improved 2022 Rank from No.
  • 1831
    NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Inc. revealed today that Flip Electronics ranks No.
  • 842 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America.
  • Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

The Conference Board Employment Trends Index™ (ETI) Decreased in June

Retrieved on: 
Monday, July 10, 2023
Bureau of Labor Statistics, Percentage, Fed, The Conference Board, Employment, Industrial production, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Noise, Bureau, Economics, Unemployment benefits, Growth, ETI, Conference, Manufacturing, Video game, Insurance, Index

NEW YORK, July 10, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in June to 114.31, from a downwardly revised 115.53 in May. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, July 10, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in June to 114.31, from a downwardly revised 115.53 in May.
  • The Employment Trends Index is a leading composite index for employment.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.
  • The eight leading indicators of employment aggregated into the Employment Trends Index include:
    Initial Claims for Unemployment Insurance (U.S. Department of Labor)
    Number of Employees Hired by the Temporary-Help Industry (U.S. Bureau of Labor Statistics)
    Real Manufacturing and Trade Sales (U.S. Bureau of Economic Analysis)**
    The Conference Board publishes the Employment Trends Index monthly, at 10 a.m.