Bank of America chief executive officer Brian Moynihan on Wednesday, February 12, said that the strong consumer spending in the United States in the current year means that the Federal Reserve System is likely to hold off on cutting its benchmark interest rate.
On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.
In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.
The global collaborative environmental initiative by Mastercard has established a brand new site in China to help restore local biodiversity and natural resources.
Popular BNPL provider Klarna keeps expanding its reach and accessibility through collaboration with JPMorgan Payments.
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.
President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]
One of the Middle East’s first fintech unicorns, BNPL startup Tabby is consulting with HSBC, JPMorgan, and Morgan Stanley ahead of its prospective IPO.
In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.
RedotPay and StraitsX offer crypto enthusiasts another way to spend their cryptocurrencies effortlessly at millions of Visa-accepting merchants worldwide.
Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
The Ripple blockchain company has launched the process of partnership with the Portuguese currency exchange provider Unicâmbio.
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