Finance & Economics - page 2

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Gold Surges to New Record High

The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.

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China Warns Other Countries Against Striking Trade Deals With US at Its Expense

China has warned other countries of the consequences if they strike deals with the United States that could harm Beijing’s interests.

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China Keeps Lending Rates Steady

The central bank of China on Monday, April 21, left loan prime rates unchanged, which is generally the expected decision of this financial regulator, since strong macro data is currently being observed in the Asian country, allowing Beijing to focus on stabilizing the yuan amid trade tensions with the United States, which has become an […]

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KeyCorp’s Commercial Payments Business Demonstrates Growth

KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.

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Global Tech Stocks Decrease

On Wednesday, April 16, technology stocks are on a downward trajectory as new restrictions from the United States government on the export of Nvidia Corp. chips to China and the disappointing report from ASML Holding NV have significantly worsened the prospects for the semiconductor sector, which has already caused the market value of the two […]

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US Announces Probe Into Electronics Imports

The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.

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Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

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Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

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BNY’s Profit Increases

Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.

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Wells Fargo Reports Disappointing Earnings Data

On Friday, April 11, the value of Wells Fargo shares showed a drop as the financial institution reported revenue for the first quarter of 2025, which turned out to be below preliminary expectations, and a decrease in net interest income.

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JPMorgan Tops Quarterly Expectations

JPMorgan Chase on Friday, April 11, released information about its earnings for the first quarter of 2025, which exceeded preliminary expectations, driven by increased activity related to equity trading.

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Morgan Stanley Reports First-Quarter Revenue

Morgan Stanley’s stock traders recorded revenue in the first quarter of the current year that exceeded analysts’ preliminary expectations, as the largest banks in the United States continue to benefit from the turbulence that has become a fact of reality against the backdrop of US President Donald Trump’s tariff policy.

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China Raises Tariffs on US Goods

The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.

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US Consumer Sentiment Decreases

Currently, there is pessimism among residents of the United States in the context of assessing the prospects for the further dynamic of the country’s economic system.

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US Inflation Decreases

In March, a sharp slowdown in the inflationary process was recorded in the United States economic system.

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Amazon CEO Says AI Costs to Come Down

Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.

Finance & Economics