News - page 162

Finance & Economics

Eurozone Inflation Shows Decline

In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.

Blockchain & Crypto

EU Lawmakers Call For Metaverse Strategy

The European Parliament Committee wants the EU to lead metaverse development and reduce the bloc’s technological dependency.

Science & Technology

Nvidia CEO Says About Prospects of AI Competitiveness

Nvidia CEO Jensen Huang last Wednesday, November 29, during a speech at the annual DealBook summit in New York, said that artificial intelligence is gaining on humans.

Science & Technology

Amazon Presents AI-Powered Image Generator

Amazon Web Services (AWS) has presented its new development based on artificial intelligence, which is capable of generating images.

Finance & Economics

China’s Manufacturing Activity Shrinks

In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.

Finance & Economics

JPMorgan Chase CEO Warns of Recession Risk

JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.

Blockchain & Crypto

Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical

A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.

Finance & Economics

UK’s Nottingham Files for Bankruptcy

Nottingham City Council has become another victim of the financial crisis in the UK in the sphere of local government.

Finance & Economics

Lloyds Chief Urges UK Policymakers to Refrain From Encroaching on Banks’ Profits

The chief executive of Lloyds Banking Group made something like a warning statement to British politicians, describing measures such as a tax on unforeseen expenses of banks as thing that should be excluded amid expectations of a busy election year.

Science & Technology

Amazon Announces AI Chatbot for Businesses

Amazon last Tuesday, November 28, announced a new chatbot called Q, which consumers will be able to use at work.

Society & Lifestyle

CFPB Fines Bank of America

The Consumer Financial Protection Bureau (CFPB) applied to Bank of America a measure of material impact in the form of an obligation to pay $12 million for the involvement of this financial institution in the practice of providing incomplete data related to mortgage lending to the federal government.

Fintech & Ecommerce

Visa Reveals What Extra Benefits Travellers Are Willing to Pay For

Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.

Fintech & Ecommerce

PayGround Raises More Than $19 Million

PayGround managed to raise investment funds for $19.7 million following the results of the Series A financing round.

Science & Technology

AWS and Nvidia to Deliver Generative AI Infrastructure

Amazon Web Services (AWS) and Nvidia have announced the expansion of cooperation to provide consumers with advanced infrastructure, software, and services for innovation in the sphere of artificial intelligence.

Fintech & Ecommerce

Apple to End Credit Card Partnership With Goldman Sachs

Apple is reportedly looking for ways to end its credit card and savings account partnership with Goldman Sachs within a year or so.

Society & Lifestyle

US Home Prices Hit Record High

In September, the dynamic of housing prices in the United States continued to move within the growth trend.