News - page 37

Finance & Economics

Fed’s Raphael Bostic Says More Data Needed to Rate Cut

Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.

Science & Technology

Google Launches Pixel 9 Phones

Google has presented upgraded smartphones, watches, and earbuds.

Science & Technology

Huawei Reportedly Readies New AI Chip to Challenge Nvidia in China

The media reports that Chinese technology giant Huawei is currently approaching the introduction of its new artificial intelligence chip.

Finance & Economics

US Producer Prices Demonstrate Growth

In the United States, a slowdown in the dynamic of wholesale inflation was recorded in July, which was a relatively expected result.

Finance & Economics

Biggest Kenyan Bank to Boost Loans

Equity Group Holdings Plc, Kenya’s largest bank by market capitalization, intends to increase lending in the domestic market by 5% in the second half of the current year.

Finance & Economics

India Inflation Dips Below RBI Target

In India, the inflation rate fell below the target level of the central bank of this South Asian country for the first time in almost five years.

Finance & Economics

US July Federal Deficit Demonstrates Growth

In July, the United States government recorded a budget deficit of $244 billion.

Finance & Economics

Economists Forecast UK Inflation to Rise

Experts interviewed by the media predict that statistical data will be released this week, indicating an acceleration in the growth of inflation in the United Kingdom.

Finance & Economics

BofA CEO Says About Impact of Interest Rates on Consumers

Chief executive officer of Bank of America Brian Moynihan said last Sunday, August 11, during a conversation with media representatives that in the United States, the lack of a decision by the Federal Reserve System to soften the concept of monetary policy, providing for cutting interest rates, in the short term may become a factor […]

Fintech & Ecommerce

Fintech Leaders Anticipate Investment Rebound

Over 90% of fintech leaders globally believe robust industry investment levels will return within the next 12 months.

Science & Technology

DevRev Raises Over $100 Million

DevRev, a company that specializes in developing customer relationship software, has raised $100.8 million in a Series A funding round.

Science & Technology

India Smartwatch Market Declines 30%

Being the second-largest wearable market after China, India saw its wearable device market decline for the first time ever, by 10.0% year-over-year (YoY) to 29.5 million units in Q2 2024.

Science & Technology

Innovation Readiness Gap Deepens, With Unclear Strategy as Main Concern

A recent study revealed an innovation readiness paradox: while the vast majority of modern businesses treat innovation as the highest priority, they have never been as unready to deliver on their innovative pledges.

Science & Technology

AI Startup Glean Reportedly Plans to Raise $250 Million

The media reports that the startup Glean, which operates in the artificial intelligence industry, is currently in active negotiations on raising funds for $250 million.

Science & Technology

Apple Changes EU App Store Policy

Apple has changed its corporate policy in Europe.

Finance & Economics

China’s Consumer Prices Demonstrate Growth

In July, China recorded an increase in consumer prices, the pace of which turned out to be higher than preliminary expectations regarding the degree of intensity of this indicator.