Affirm Expands Cooperation With Liberty Mutual Investments
Buy Now, Pay Later (BNPL) lender Affirm Holdings has expanded the scope of its capital partnership with an investment company Liberty Mutual Investments (LMI).
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Texas Instruments Gives Dour Q1 Profit Forecast
Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.
SK Hynix Reports Earnings
South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.
OpenAI Introduces Operator
OpenAI takes the functionality of its chatbot ChatGPT to a new level.
Ally Sells Credit Card Business to CardWorks
Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.
Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
TSMC Expects Its Chips Act Funding to Continue Under Donald Trump
In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.
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.
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.
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.
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