Explained - page 11

Trustly CEO Says Loyalty and Savings to Spur Consumers to Go Bank-Direct at Checkout
Fintech & Ecommerce

Trustly CEO Says Loyalty and Savings to Spur Consumers to Go Bank-Direct at Checkout

Trustly Inc. founder and chief executive officer Alexandre Gonthier said during a conversation with media representatives that, despite the uncertainty in regulation, pay by bank at retail, which uses open banking to carry out direct payment transactions between bank accounts, should become more widespread in the United States.

OpenSea Pauses Airdrop Reward System
News

OpenSea Pauses Airdrop Reward System

Non-fungible token (NFT) marketplace OpenSea has paused its new airdrop reward system due to criticism from users about the mechanics.

Japan’s GDP Beats Forecasts
News

Japan’s GDP Beats Forecasts

The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.

Xi Jinping Urges Entrepreneurs to Show Their Talents
News

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

Figure AI Reportedly in Talks for New Funding
News

Figure AI Reportedly in Talks for New Funding

The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer
News

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.

US Retail Sales Demonstrate Decline
Finance & Economics

US Retail Sales Demonstrate Decline

In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.

Donald Trump to Impose Reciprocal Tariffs as Soon as April
Finance & Economics

Donald Trump to Impose Reciprocal Tariffs as Soon as April

President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.

UK Escapes Recession Threat
News

UK Escapes Recession Threat

At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.

Stripe Reportedly Plots $85 Billion Employee Share Sale
Fintech & Ecommerce

Stripe Reportedly Plots $85 Billion Employee Share Sale

The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.

DoorDash Says Digital Experiences Drive More Orders of Retail Goods
Fintech & Ecommerce

DoorDash Says Digital Experiences Drive More Orders of Retail Goods

DoorDash announced an increase in the number of consumers who order from not only its initial offering-restaurants but also in new verticals that include a growing variety of retailers.

Donald Trump Readies Reciprocal Tariffs
Finance & Economics

Donald Trump Readies Reciprocal Tariffs

On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.

Donald Trump Calls for Lower Interest Rates
News

Donald Trump Calls for Lower Interest Rates

President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.

CVS Health Reports Earnings
News

CVS Health Reports Earnings

On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.

US Consumer Prices Demonstrate Growth
Finance & Economics

US Consumer Prices Demonstrate Growth

In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.

Donald Trump Raises Tariffs on Aluminum and Steel Imports
Finance & Economics

Donald Trump Raises Tariffs on Aluminum and Steel Imports

President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]