Is TikTok Actually Getting Banned in US?
TikTok users in the US have witnessed their favourite social media in and out of service this Sunday, with no certainty about the future of the short video app in the country.
News - page 43
Survey Shows Japan Companies Prepares for Donald Trump Tariffs
Most Japanese companies that have operations in the United States are currently preparing for possible additional tariffs after the inauguration of US President-elect Donald Trump.
ILO Says Global Unemployment to Hold Near Historical Low of 5%
The International Labor Organization published a report this week, which contains information that the global unemployment rate last year was steady at a historic low of 5%.
Perplexity AI Acquires Read.cv
Perplexity AI, an artificial intelligence-powered search engine, acquires Read.cv, a social media platform for professionals that competed with Linkedln.
China Hits 5% GDP Target
Last year, China’s economic system growth exceeded preliminary expectations.
IMF Lifts Global Economic Growth Forecast
The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.
Bank of America Reports Earnings
Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.
Citi Plans $20 Billion in Buybacks
Citigroup has cut its closely watched profitability target for 2026, as this lender is currently struggling with regulatory expenses that demonstrate the dynamic of growth.
Scott Bessent Warns Risk of Crisis
Treasury Secretary nominee Scott Bessent warned that a crisis scenario could be realized in the United States economic system, which would become a situation with painful consequences for the middle and working-class people.
U.S. Bancorp and PNC Predict Muted First-Quarter NII on Loan Demand
In the United States, two major regional banks have released muted forecasts for their net interest income in the first quarter of the current year amid uncertainty about the extent to which low interest rates will revive demand for loans.
Morgan Stanley’s Profit More Than Doubles
Last Thursday, January 16, Morgan Stanley published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations and demonstrated the positive dynamic due to the bank’s equities and fixed-income traders generating a result surpassing forecasts.
Wells Fargo Reports Earnings
Wells Fargo securities showed growth on Wednesday, January 15, after the bank released information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, and issued strong guidance on net interest income for 2025.
BNY Quarterly Profit Beats Estimates
Bank of New York Mellon Corp. on Wednesday, January 15, released information about its profit for the fourth quarter of last year, which exceeded preliminary estimates because this financial institution earned higher investment services fees from its clients.
Goldman Sachs Profit Doubles
Goldman Sachs Group Inc. earnings exceeded forecasts since its equity traders have demonstrated results that have turned out to be the best in the entire history of observations.
JPMorgan Chase Breaks Its Own Earnings Record
JPMorgan Chase & Co. recorded an annual profit, which turned out to be the largest among all similar indicators of other lenders in the history of US banking.
US Consumer Prices Increase Slightly Above Expectations
In December, an increase in consumer prices was recorded in the United States, the pace of which slightly exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of the corresponding indicator.
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