Explained - page 6

Finance & Economics

US Unemployment Rate Increases

Job growth in the United States in March turned out to be stronger than preliminary expectations regarding the pace of the dynamic of this process, which could potentially generate at least temporary confidence that the situation in the US labor market is stable.

News

Revolve to Add Affirm’s Pay-Over-Time Option

Fashion retailer Revolve Group will soon provide its customers in the United States with the opportunity to use the Affirm to pay over time solution.

Fintech & Ecommerce

Plaid Raises $575 Million

The digital finance platform Plaid reported that it raised $575 million in new funding.

Science & Technology

Intel CEO Says Company to Spin Off Non-Core Units

Intel Corp. chief executive officer Lip-Bu Tan stated that this company will spin off assets that are not central to its mission, and create new products, including custom semiconductors to better align itself with consumers.

Finance & Economics

Vietnam Seeks to Blunt US Tariffs With Tax Cuts on Imports

Vietnam has decided to slash import levies on a range of products, including liquefied natural gas and automobiles, as part of the implementation of measures related to the desire to minimize the negative effects of the tightening tariff policy of the United States.

Finance & Economics

Euro-Area Inflation Cools

In the eurozone, inflation continues to move along a downward trajectory, gradually approaching the European Central Bank’s target of 2%.

Finance & Economics

German Inflation Falls

In Germany, inflation was recorded at the 2.3% mark in March, which is lower than previously expected.

News

China’s Factory Activity Accelerates

In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.

Fintech & Ecommerce

Shopify and Pipe17 Form Partnership

Shopify and Pipe17 have announced a partnership.

News

Elon Musk Says xAI Buys X

Elon Musk’s company xAI, which operates in the artificial intelligence industry, has acquired the social media platform X owned by the same billionaire.

Finance & Economics

US Consumer Sentiment Worsens

In the United States, a deterioration in consumer sentiment was recorded in March, which turned out to be more widespread than preliminary expectations, as the country is currently experiencing a process of increasing concerns about a potential accelerated increase in inflation.

Finance & Economics

UK Economy Starts to Emerge From Stagnation

The Prime Minister of the United Kingdom, Keir Starmer, came to power accompanied by pledges to take measures aimed at accelerating the growth of the country’s economic system, but as a result, the UK gross domestic product (GDP) demonstrated the opposite vector of its dynamic, however, the difficult state of affairs, which became reality instead […]

News

China’s Industrial Profits Decrease

China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.

News

Copper Prices Demonstrate Significant Growth

Gold is not the only metal which prices have demonstrated record growth rates during a period of increasing geopolitical turbulence and intensification of fears related to the tightening of tariff confrontation between countries.

Finance & Economics

Donald Trump Announces New Auto Tariffs

President of the United States Donald Trump on Wednesday, March 26, announced a 25% tariff set, which will take effect on April 2 and will affect all cars shipped to the US.

News

UK Inflation Demonstrates Decline

Last month, inflation in the United Kingdom showed a moderate decrease to 2.8%.