Explained - page 19

US Wholesale Inflation Demonstrates Acceleration
News

US Wholesale Inflation Demonstrates Acceleration

Last month, the United States recorded a sharp acceleration in the growth rate of wholesale inflation, which is an undesirable sign that some prices may increase before they come down the pike to consumers.

Swiss National Bank Cuts Interest Rates Again
News

Swiss National Bank Cuts Interest Rates Again

The Swiss National Bank on Thursday, December 12, decided to cut its key interest rate by 50 basis points.

China Stresses Plans to Boost Economic Growth
Finance & Economics

China Stresses Plans to Boost Economic Growth

China has confirmed the recent shift in its policy and stressed plans to accelerate economic growth, which is currently facing a clear lack of upward momentum in this Asian country.

Mynt Raises $23 Million
Fintech & Ecommerce

Mynt Raises $23 Million

Mynt, a spend management solution focused on small and medium-sized businesses in Nordic countries, raised investments worth 22 million euros (about $23 million) as part of the Series B funding round.

China’s Monetary Shift Signals Economic Issues
News

China’s Monetary Shift Signals Economic Issues

Earlier this week, China’s top leadership surprised the market by signaling a shift in monetary policy stance after 14 years, which is unequivocal evidence that the economic problems faced by this Asian country are significant and require certain actions to ensure that the current situation does not gradually transform into a catastrophic crisis.

US Inflation Demonstrates Growth
Finance & Economics

US Inflation Demonstrates Growth

In November, an increase in inflation was recorded in the United States.

Reddit Tests AI-Powered Answers Feature
News

Reddit Tests AI-Powered Answers Feature

Reddit rolls out a new artificial intelligence feature designed to help people quickly find answers to their questions based on user posts.

OpenAI Launches Sora
Science & Technology

OpenAI Launches Sora

OpenAI has launched an artificial intelligence system called Sora, which can generate realistic videos based on text prompts from users.

Google Unveils New Chip
News

Google Unveils New Chip

Google has presented a new chip, which, according to the statement of this technology giant, is what can be called a major breakthrough in the area of quantum computing, which is currently considered by many companies as the next frontier.

China Consumer Inflation Drops to Five-Month Low
Finance & Economics

China Consumer Inflation Drops to Five-Month Low

In China, November consumer inflation was recorded at a level that is a five-month low.

UK Business Confidence Demonstrates Decline
Finance & Economics

UK Business Confidence Demonstrates Decline

In the United Kingdom, businesses lost steam and pulled back on hiring in November.

HSBC Expects S&P 500 Index to Hit 6,700
News

HSBC Expects S&P 500 Index to Hit 6,700

Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.

US Job Growth Accelerates
Finance & Economics

US Job Growth Accelerates

In the United States, a recovery in job creation was recorded in November after the minimum figures in the previous month.

Saxo Bank Publishes 2025 Forecast
News

Saxo Bank Publishes 2025 Forecast

The Saxo Bank Outrageous Predictions, which have already become somewhat traditional, have been published.

Banks Improve Their AML and KYC Practices
News

Banks Improve Their AML and KYC Practices

The era of digitalization as a global process continues and scales, gradually infiltrating more and more into various aspects of the existence of human civilization and spheres of activity, including the banking sector, many players of which, despite the possibilities of advanced technologies, continue to face old problems in areas anti-money laundering (AML) and Know […]

Salesforce Reports Earnings
Finance & Economics

Salesforce Reports Earnings

On Tuesday, December 3, the value of Salesforce shares increased by 9% after this company published information about its earnings for the third fiscal quarter and guidance for the next fiscal quarter, which exceeded analysts’ preliminary expectations.