Finance & Economics - page 29

News

U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans

U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.

News

UK Falls Into Recession

The recession has become an economic reality in the United Kingdom, as evidenced by official data published by the Office for National Statistics (ONS) on Thursday, February 15.

News

Lyft Reports Q4 2023 Earnings

Last Tuesday, February 13, Lyft’s share price showed growth in extended trading but then began to move along a downward trajectory after the company’s CFO reported an error in the brand’s earnings release.

News

UK Inflation Holds at 4%

In the United Kingdom, inflation remained at 4% in January, demonstrating what corresponds to such a concept as stability.

News

Alibaba Seeks Middle East Partners

Chinese e-commerce giant Alibaba Group Holding Ltd. is currently seeking to establish partnerships with companies from the United Arab Emirates and Saudi Arabia.

News

Standard Chartered CEO Says About China’s Biggest Problem

Bill Winters, CEO of Standard Chartered Bank, said during a speech at the World Government Summit in Dubai that China is currently facing a lack of trust, which, in his opinion, is the most serious poser in the context of economic problems of this Asian country.

News

Atlanta Fed Chief Says About Prospects of Rate Cuts

Atlanta Fed President Raphael Bostic described the most likely, in his opinion, trajectory of the inflationary process in the United States in the current year as slow and bumpy.

News

Germany’s Investor Outlook Improves

For the seventh month in a row, Germany has recorded an improvement in the prospects for investment activity, which gives reason to hope that the worst times for the largest European economic system are in the past and the future will be a space for the implementation of a more favorable scenario.

News

Barclays to Acquire Tesco Bank

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, operating infrastructure, deposits, and unsecured personal loans.

News

Chinese Banks Loans Hit All-Time Monthly High

During January, local financial institutions in China issued a record number of loans to citizens.

News

Pinterest Reports Earnings

The share price of Pinterest last Thursday, February 8, showed a drop against the background of the publication by this company of a revenue report for the fourth quarter of 2023, which turned out to be disappointing relative to the preliminary expectations of experts on the relevant occasion, and of a forecast containing weak estimates […]

News

MSA Capital to Raise $1 Billion for Mideast Startups

The Chinese venture capital company MSA Capital, supported by the unit of the Saudi Arabian Public Investment Fund, intends to raise $1 billion in financing to support technology startups in the Middle East.

Articles

Places Where Housing Prices Are Going Down

In recent years, many prospective homebuyers have encountered difficulties when trying to enter the real estate market. While the housing market is not currently experiencing a significant slowdown, there are several factors that indicate a cooling down of the market.

Articles

How to Get Rich When the Economy Is Crashing

The recession caused by the COVID-19 pandemic in 2020 was the shortest ever recorded, lasting only two months. However, it’s important to acknowledge that even brief recessions can have a significant impact on people’s lives.

News

Harm from Ransomware Hackers Demonstrates Growth

Last year, ransomware stole more than $1 billion in virtual space.

News

Snap Reports Earnings

On Wednesday, February 7, Snap’s share price showed a 30% drop in morning trading.

Finance & Economics