Report - page 42

US Economy Faces Threat of Negative Scenario Amid Donald Trump’s Tariffs
News

US Economy Faces Threat of Negative Scenario Amid Donald Trump’s Tariffs

Jamie Dimon, chief executive officer of JPMorgan Chase, the largest financial institution in the structure of the United States banking sector, has repeatedly made some kind of warning statements over the past year that the US economy faces a high level of risk that a negative stagflation scenario will be implemented in its space, repeating […]

UPI Sees Growing Adoption in Rural India
News

UPI Sees Growing Adoption in Rural India

Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.

OpenAI Launches ChatGPT Search Features to All Users
Science & Technology

OpenAI Launches ChatGPT Search Features to All Users

On Monday, December 16th, OpenAI rolled out the search product for all users of its chatbot ChatGPT.

Goldman Sachs Says About Practice of Using AI by American Companies
Science & Technology

Goldman Sachs Says About Practice of Using AI by American Companies

New research from Goldman Sachs indicates that among American companies, the practice of using artificial intelligence technologies is being implemented on a limited scale and is not yet what can be described as a massive process.

China’s Weak Consumption Puts Pressure on Economy
Finance & Economics

China’s Weak Consumption Puts Pressure on Economy

Last month, industrial output growth accelerated in China, but at the same time, retail sales in this Asian country turned out to be disappointing, amid which calls for Beijing to strengthen measures to stimulate consumer activity increased.

Christine Lagarde Says ECB to Cut Interest Rates Further
News

Christine Lagarde Says ECB to Cut Interest Rates Further

The European Central Bank will continue cutting interest rates as the inflation spike in recent years has increasingly moved into the rear-view mirror, bringing the 2% target.

European Private-Sector Contraction Eases on Services
News

European Private-Sector Contraction Eases on Services

In December, the private sector of the eurozone shrank in smaller volumes compared to initial expectations, which is the result of contributions from the services sector that exceeded forecasts.

HSBC Reportedly to Scale Back Retail Banking in Some Countries
Finance & Economics

HSBC Reportedly to Scale Back Retail Banking in Some Countries

The media has released information according to which HSBC is currently considering scaling back its retail banking operations in countries such as Mexico, Malaysia, Indonesia, and some others.

Moody’s Downgrades France’s Credit Rating
Finance & Economics

Moody’s Downgrades France’s Credit Rating

Moody’s Ratings downgraded France’s credit rating after local far-right leader Marine Le Pen toppled the country’s government as part of a dispute over reducing the public’s budget deficit.

Intel Executives Say About Possibility of Manufacturing Spinoff
News

Intel Executives Say About Possibility of Manufacturing Spinoff

The two executives leading Intel this week acknowledged that the company may be forced to sell its manufacturing operations.

Liquid AI Closes $250 Million Early-Stage Funding Round
News

Liquid AI Closes $250 Million Early-Stage Funding Round

Liquid AI, a startup operating in the area of generative artificial intelligence, announced on Friday, December 13, that it closed a $250 million early-stage funding round led by chip manufacturer Advanced Micro Devices (AMD).

Flushing Financial Seeks to Raise $70 Million
Finance & Economics

Flushing Financial Seeks to Raise $70 Million

The media published information according to which Flushing Financial, a New York-based commercial real estate lender, is currently seeking to raise $70 million.

Meta Releases New AI Model
News

Meta Releases New AI Model

Meta last Thursday, December 12, announced that it was releasing a new artificial intelligence model called Motivo, which can control the movements of a human-like digital agent and potentially enhance the Metaverse experience.

Shares of Broadcom Demonstrate Growth
News

Shares of Broadcom Demonstrate Growth

The value of Broadcom shares showed growth on Friday, December 13, which amounted to 14%, and an indicator of the market capitalization of this chip manufacturer, which headquarters are located in Palo Alto. California is approaching the iconic $1 trillion mark.

Binance Sees $24B Customer Deposit Inflows in 2024
Blockchain & Crypto

Binance Sees $24B Customer Deposit Inflows in 2024

Binance attributes the growth in customer deposit inflows to a global surge in the adoption of digital assets, historic price milstones, and the increasing regulatory clarity regarding cryptocurrency status.

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.