US Budget Deficit Increases
The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.
The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.
On Wednesday, March 12, the European Union launched countermeasures against the United States tariffs on metal imports, announcing its intention to enact its own levies on American goods worth up to 26 billion euros ($28.3 billion).
In the United States in February, consumer prices showed growth, the pace of which turned out to be the slowest in the last four months, against which a kind of respite is forming in anticipation of the impact of tariffs, characterized by many experts as a factor in increasing the cost of goods and services.
On Monday, March 10, the stock indexes of the United States showed a significant drop.
Revenue of Taiwan Semiconductor Manufacturing Co. (TSMC) in the first two months of the current year showed growth of 39%, which is an acceleration compared to the upward dynamic of this indicator in 2024 and indicates a steady level of consumer demand for Nvidia chips used in the development of artificial intelligence.
The media published information according to which the ticketing software company StubHub intends to raise more than $1 billion in an initial public offering (IPO) of shares.
Broadcom shares showed growth after the company released positive financial results for the first quarter of fiscal 2025 and optimistic guidance last Thursday, March 6, indicating continued demand for artificial intelligence.
In the United States, job growth stabilized last month, while the country’s unemployment rate increased.
Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.
There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.
Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.
The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.
OpenAI, one of the largest players in the global artificial intelligence industry, has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide.
Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.
Nvidia on Wednesday, February 26, published information about its earnings for the fourth fiscal quarter, which exceeded Wall Street’s preliminary expectations.
Ascenda and Galileo Financial Technologies announced the beginning of cooperation, which aims to help banks, fintech companies, and other brands launch card loyalty programs.
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