Donald Trump Calls for Lower Interest Rates
President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.
Report - page 30
Bank of America CEO Says About Inflation Impact on US Economy
Bank of America chief executive officer Brian Moynihan on Wednesday, February 12, said that the strong consumer spending in the United States in the current year means that the Federal Reserve System is likely to hold off on cutting its benchmark interest rate.
CVS Health Reports Earnings
On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.
US Consumer Prices Demonstrate Growth
In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.
Baidu CEO Says About AI Spend
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
Jerome Powell Tells Congress Fed Still in No Rush to Cut Rates
Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.
Donald Trump Raises Tariffs on Aluminum and Steel Imports
President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]
Mastercard and VikingCloud Develop Cybersecurity Solutions for SMBs
Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
Ripple and Unicâmbio to Power Brazil-to-Portugal Payments
The Ripple blockchain company has launched the process of partnership with the Portuguese currency exchange provider Unicâmbio.
Web3 Exec Says Current Chain Abstraction Methods Fragment Crypto
Industry executives and competing companies continue to try to grapple with abstracting away from the complexities of blockchain for the end user.
Changpeng Zhao Admits Binance Token Listing Needs Reform
Changpeng Zhao, co-founder and former chief executive officer of Binance, stated that the listing process on cryptocurrency exchanges contains disadvantages.
Tether CEO Says Quantum Сomputing to Bring Lost Bitcoin Back in Circulation
Tether chief executive officer Paolo Ardoino predicts that quantum computing will eventually crack Bitcoin wallets classified as inactive and return digital assets to circulation.
ACI and Banfico Team to Tackle APP Fraud
The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.
Oracle Adds New AI Features to Financial Software
Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.
Qualcomm Tops Estimates for Earnings
Qualcomm last Wednesday, February 5, released information about its financial results for the first quarter of fiscal 2025, which exceeded preliminary expectations.
