News - page 12

Finance & Economics

US Economy Demonstrates Solid Growth

In the third quarter of the current year, the United States economy maintained strong growth rates.

Blockchain & Crypto

Visa Direct to Enable Real-Time Account Funding for Coinbase Customers

Coinbase integration of Visa Direct real-time payment service allows eligible Visa debit cardholders to instantly deposit funds into their Coinbase accounts, enhancing the speed and flexibility of transactions.

Science & Technology

Indonesia Bans iPhone 16

Sales of the latest generation of the iPhone smartphone from the US technology giant Apple have been banned in Indonesia.

Fintech & Ecommerce

Citi Turns to Google to Use AI and Cloud Technology

Citi has teamed with Google to use artificial intelligence and cloud technology to bolster its digital strategy.

Science & Technology

AMD Reports Quarterly Revenue

Advanced Micro Devices (AMD) on Tuesday, October 29, released information about its earnings for the quarter ended September 28, 2024.

Science & Technology

Alphabet Reports Earnings

Alphabet, the parent company of Google, has published information about its earnings for the third quarter of the current year.

Finance & Economics

Larry Fink Says About Scales of Further Fed’s Monetary Easing

Blackrock chief executive officer Larry Fink said Tuesday, October 29, speaking at a CEO-studded panel in Riyadh, Saudi Arabia, that the Federal Reserve will not cut interest rates on the scale that markets expect, as currently embedded inflation is too high.

Finance & Economics

Morgan Stanley CEO Says About End of Era of Zero Interest Rates and Inflation

Morgan Stanley chief executive officer Ted Pick on Tuesday, October 29, during a speech at a panel of finance CEOs in Riyadh, Saudi Arabia, said that the days of easy money and zero interest rates are firmly in the past.

Finance & Economics

JPMorgan Chase CEO Says Banks Must Fight Back Against Regulators

Jamie Dimon, chief executive officer of JPMorgan Chase, the largest bank in the United States, said last Monday, October 28, that his colleagues should fight against excessive regulation.

Fintech & Ecommerce

Citi Launches Integrated Digital Bill Discounting Solution

Citi has launched an integrated digital bill discounting solution, which, as stated by this financial institution, will help customers monetize accounts receivable in less than an hour.

Science & Technology

AI Share in U.S. VC Funding Surges

AI funding surges in 2024, as U.S. investors are seeking opportunities to invest in this rapidly growing but still emerging technology.

Finance & Economics

Global Public Debt to Surpass $100T in 2024

The IMF reports that global public debt is projected to exceed $100 trillion by the end of 2024, largely driven by rising fiscal deficits in the United States and China.

Finance & Economics

Boeing Launches Share Sale

Boeing Co. has launched a share sale worth almost $19 billion.

Science & Technology

Microsoft’s Revenue Reportedly to Decline

Microsoft is expected to release data on Wednesday, October 30, on the slowest growth rate of quarterly revenue in a year.

Science & Technology

Alphabet’s Q3 Revenue Growth Reportedly to Slow

It is expected that the technology giant Alphabet on Tuesday, October 29, will release data on the slowest revenue growth in the last four quarters hurt by competition that weighed on its core Google Search business and dented YouTube advertising spending.

Science & Technology

Intel Invests $300 Million in China

Intel has announced its intention to expand its chip packaging and testing base in Chengdu, a city located in the southwestern part of China and the capital of Sichuan province.