US Manufacturing Demonstrates Decline
In October, the United States recorded a decrease in the level of manufacturing activity to a reading that is a 15-month low.
Report - page 45
US Unemployment Rate Demonstrates Resilience
In the United States, job growth almost stalled last month.
Amazon Reports Q3 Earnings
Amazon on last Thursday, October 31, released information about its earnings in the third quarter of the current year, which exceeded analysts’ preliminary expectations in large part due to the growth of the company’s business in the areas of cloud computing and advertising.
South Korean Export Growth Slows
In South Korea, a slowdown in the export dynamic was recorded last month.
Financial Institutions Increasingly Use Alternative Credit Data to Assess Consumer Creditworthiness
LexisNexis Risk Solutions research reveals that as traditional credit data provides less visibility into consumer risk, financial institutions worldwide increasingly leverage alternative data in the consumer lending process.
How to Appeal to Gen Z With Your Fintech Solution
Gen Z is gradually emerging as a major influential power in the e-commerce sector. Although Gen X still remains the biggest spender, Zoomers are expected to display the fastest spending power growth in the next 10 years. Here is how to cater to this increasingly important consumer category with a suitable fintech solution.
Colombia Cuts Key Rate
The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.
US to Invest $825 Million in New York Semiconductor R&D Facility
The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.
Microsoft Reports Earnings
Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.
OpenAI Launches ChatGPT Search
OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.
Key Fed Inflation Rate Hits 2.1%
In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.
Halloween Sales to Drop and Become Spread Out in 2024
Halloween consumer shopping patterns are changing, with holiday sales expected to fall by $600 million from the record-high figures of 2023.
Airwallex Reportedly Plans to Raise $200 Million
Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.
Siemens to Buy Altair
Siemens will buy Altair Engineering, a company specializing in software development.
Euro-Area Economy Growth Beats Expectations
In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.
US Economy Demonstrates Solid Growth
In the third quarter of the current year, the United States economy maintained strong growth rates.
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