News - page 110

Chinese Exports Show Growth
Finance & Economics

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.

US Bank Introduces Business-Focused Checking and Spend Management Tools
Fintech & Ecommerce

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

Mantra CEO Denies Insider OM Token Dump
Blockchain & Crypto

Mantra CEO Denies Insider OM Token Dump

Mantra chief executive officer John Mullin denied reports of large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token.

Michael Saylor’s Strategy Buys $285 Million Bitcoin
Blockchain & Crypto

Michael Saylor’s Strategy Buys $285 Million Bitcoin

Michael Saylor’s digital asset company, Strategy, purchased 3,459 Bitcoins for $285.5 million.

IEA Confirms Energy Use Surge to Meet AI Needs
Science & Technology

IEA Confirms Energy Use Surge to Meet AI Needs

Global electricity generation required to supply data centres will grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1,300 TWh in 2035, by rough IEA estimations.

Binance Reportedly Seeks to Curb US Oversight
Blockchain & Crypto

Binance Reportedly Seeks to Curb US Oversight

The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.

Kraken Launches Commission-Free Trading
Blockchain & Crypto

Kraken Launches Commission-Free Trading

Kraken, one of the longest-standing and most secure cryptocurrency platforms, on Monday, April 14, announced the initial launch of commission-free trading of more than 11,000 US-listed stocks and ETFs to clients in Wyoming, Oklahoma, New Jersey, Connecticut, Iowa, Idaho, Kentucky, Alabama, Rhode Island and the District of Columbia.

BNY’s Profit Increases
Finance & Economics

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.

Wells Fargo Reports Disappointing Earnings Data
Finance & Economics

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.

OpenAI to Phase Out GPT-4 From ChatGPT
Science & Technology

OpenAI to Phase Out GPT-4 From ChatGPT

OpenAI is soon to retire GPT-4, an artificial intelligence model that was launched more than two years ago, from ChatGPT.

JPMorgan Tops Quarterly Expectations
Finance & Economics

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.

Morgan Stanley Reports First-Quarter Revenue
Finance & Economics

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.

China Raises Tariffs on US Goods
Finance & Economics

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.

US Consumer Sentiment Decreases
Finance & Economics

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.

Vitalik Buterin Shares Thoughts on Ethereum Privacy Enhancement
Blockchain & Crypto

Vitalik Buterin Shares Thoughts on Ethereum Privacy Enhancement

As discussions about much-needed privacy improvements intensify among the Ethereum community, Vitalik Buterin, the co-creator of this blockchain platform, steps up to share his opinion.

US Inflation Decreases
Finance & Economics

US Inflation Decreases

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