Explained - page 8

Donald Trump Announces New Auto Tariffs
News

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.

UK Inflation Demonstrates Decline
Finance & Economics

UK Inflation Demonstrates Decline

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

Westpac to Enable Consumers to Block Accounts
Fintech & Ecommerce

Westpac to Enable Consumers to Block Accounts

Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.

World Network Reportedly Plans to Add Visa Card Functionality
News

World Network Reportedly Plans to Add Visa Card Functionality

The World Network, an organization co-founded by Sam Altman and which is part of the blockchain-based ecosystem that includes Worldcoin, is currently negotiating with Visa to add on-chain card features to the organization’s self-custody cryptocurrency wallet.

China Urges Global Business to Resist Protectionism
Finance & Economics

China Urges Global Business to Resist Protectionism

Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.

China’s Property Market Reportedly Approaches to Stabilizing
News

China’s Property Market Reportedly Approaches to Stabilizing

This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.

Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs
Finance & Economics

Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs

Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.

Google Launches Redesigned Pixel 9a
News

Google Launches Redesigned Pixel 9a

Google has launched a redesigned version of its budget Pixel phone, updating the chip and battery life.

China’s Economy Demonstrates Positive Results
Finance & Economics

China’s Economy Demonstrates Positive Results

In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.

Alphabet to Buy Wiz for $32 Billion
Science & Technology

Alphabet to Buy Wiz for $32 Billion

Alphabet, Google’s parent company, announced on Tuesday, March 18, that it would acquire Wiz in its largest deal valued at approximately $32 billion.

UK Economy Demonstrates Decline
Finance & Economics

UK Economy Demonstrates Decline

The United Kingdom’s economic system showed an unexpected decline in January.

Klarna Files for US IPO
Fintech & Ecommerce

Klarna Files for US IPO

Swedish provider Buy Now, Pay Later (BNPL) loans Klarna filed its prospectus IPO on Friday, March 14, and plans to go public on the New York Stock Exchange under the ticker symbol KLAR.

Gold Prices Reach $3,000
News

Gold Prices Reach $3,000

On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.

US Stocks Rebound
Finance & Economics

US Stocks Rebound

In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.

Worth Raises $25 Million
News

Worth Raises $25 Million

Automation-focused fintech platform Worth raised $25 million in new funding.

Corsair Capital Acquires Stake in Platform IDnow
Science & Technology

Corsair Capital Acquires Stake in Platform IDnow

Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.