US Inflation Rises
Last month, there was a rise in prices in the United States.
Finance & Economics - page 9
ECB Cuts Interest Rates
The European Central Bank on Thursday, January 30, decided on another interest rates cut, which was the fifth since June.
Euro-Area Fails to Grow
At the end of 2024, the process of implementing a stagnation scenario suddenly began in the eurozone economic system.
German Economy Shrinks
The German economic system continues to face difficulties, and the dynamic of growth is not a reality for it, as evidenced by the fact that in the fourth quarter of 2024, the gross domestic product (GDP) of this country decreased by 0.2% compared to the previous three-month period of last year.
US Economy Slows
In the last three months of 2024, the upward dynamic of the United States economic system began to show a slowdown, but still, growth in this case was a steady process, and not a kind of symbolic alternation of ups and downs, forming a situation of sharp manifestations of multidirectional phenomena.
Philippines Leads Southeast Asia’s Fintech Future: Fintech Revolution Summit 2025
The excitement is building! On April 30, 2025, the Philippines will shine as Southeast Asia’s fintech leader, hosting the highly anticipated Fintech Revolution Summit 2025 at The Heritage Hotel, Manila.
Donald Trump Accuses Fed of Creating Inflation
President of the United States Donald Trump on Wednesday, January 29, slammed Federal Reserve Chairman Jerome Powell and the US central bank for failing to stop the problem they created with inflation.
Fed Holds Interest Rates Steady
The Federal Reserve system on Wednesday, January 29, decided to keep its key interest rate at the same level.
Bank of Japan Raises Interest Rates
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil
More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.
Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
Goldman Sachs Launches Internal Gen AI Assistant
Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.
Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada
President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.
Bank of Japan Reportedly to Raise Rates to Highest in 17 Years
The Bank of Japan is expected to decide on raising interest rates on Friday, January 24, if there are no global shocks on the market by then.
South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support
South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.
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