European Stocks Demonstrate Growth Amid US Inflation Data Expectations
On Wednesday, August 14, European stock indexes demonstrated the dynamic of the growth at the beginning of trading.
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Experian Expands Its Fraud Detection Capabilities
Experian added behavioral analytics to its fraud detection capabilities after acquiring NeuroID.
Fed’s Raphael Bostic Says More Data Needed to Rate Cut
Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.
Google Launches Pixel 9 Phones
Google has presented upgraded smartphones, watches, and earbuds.
US Producer Prices Demonstrate Growth
In the United States, a slowdown in the dynamic of wholesale inflation was recorded in July, which was a relatively expected result.
Biggest Kenyan Bank to Boost Loans
Equity Group Holdings Plc, Kenya’s largest bank by market capitalization, intends to increase lending in the domestic market by 5% in the second half of the current year.
India Inflation Dips Below RBI Target
In India, the inflation rate fell below the target level of the central bank of this South Asian country for the first time in almost five years.
US July Federal Deficit Demonstrates Growth
In July, the United States government recorded a budget deficit of $244 billion.
Economists Forecast UK Inflation to Rise
Experts interviewed by the media predict that statistical data will be released this week, indicating an acceleration in the growth of inflation in the United Kingdom.
BofA CEO Says About Impact of Interest Rates on Consumers
Chief executive officer of Bank of America Brian Moynihan said last Sunday, August 11, during a conversation with media representatives that in the United States, the lack of a decision by the Federal Reserve System to soften the concept of monetary policy, providing for cutting interest rates, in the short term may become a factor […]
Fintech Leaders Anticipate Investment Rebound
Over 90% of fintech leaders globally believe robust industry investment levels will return within the next 12 months.
DevRev Raises Over $100 Million
DevRev, a company that specializes in developing customer relationship software, has raised $100.8 million in a Series A funding round.
India Smartwatch Market Declines 30%
Being the second-largest wearable market after China, India saw its wearable device market decline for the first time ever, by 10.0% year-over-year (YoY) to 29.5 million units in Q2 2024.
Innovation Readiness Gap Deepens, With Unclear Strategy as Main Concern
A recent study revealed an innovation readiness paradox: while the vast majority of modern businesses treat innovation as the highest priority, they have never been as unready to deliver on their innovative pledges.
AI Startup Glean Reportedly Plans to Raise $250 Million
The media reports that the startup Glean, which operates in the artificial intelligence industry, is currently in active negotiations on raising funds for $250 million.
China’s Consumer Prices Demonstrate Growth
In July, China recorded an increase in consumer prices, the pace of which turned out to be higher than preliminary expectations regarding the degree of intensity of this indicator.
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