ECB Holds Interest Rates to First Cut in June
During the meeting on Thursday, April 11, the European Central Bank decided to keep interest rates at the same level.
Report - page 95
Amazon CEO Says About Role of His Company in Generative AI Boom
Chief Executive Officer Amazon.com Inc. Andy Jassy said that the cloud infrastructure of the company he heads will become an essential part of the boom in the generative artificial intelligence industry.
China Reports Inflation Data
In China, the level of consumer prices in March remained virtually unchanged compared to a year ago figure, while the cost of manufactured goods in this Asian country continues to be on a downward trajectory, which is evidence of the existence of deflationary pressures threatening the prospects of the local economic system.
Key US Price Gauge Exceeds Forecasts
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
Amazon Decides to Stop Paying Developers to Create Apps for Alexa
Amazon.com Inc. has decided to no longer pay developers to create apps for Alexa.
Meta Unveils New AI Chip
Meta Platforms Inc. is deploying a new chip designed to ensure the functioning of the artificial intelligence services of this technology giant.
March Inflation Data to Prolong Expectations Fed Rate-Cut
On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.
Intel Unveils Latest AI Chip
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges
Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.
Global Companies With China Units Choose Cheaper Renminbi Funding
Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.
Moody’s Expert Warns About Threat to US Economy
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
JPMorgan CEO Hails US Power in Letter to Investors
JPMorgan Chase CEO Jamie Dimon hailed the leadership and economic strength of the United States in an annual letter to shareholders.
Janet Yellen Says About Chinese Imports in New Industries
US Treasury Secretary Janet Yellen said on Monday, April 8, that Washington takes a position of protest and rejection of the formation of a situation in which Chinese imports are transformed into a factor of negative impact on the situation in new segments of the industrial system.
Canada Sheds Jobs
As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.
Nvidia Plans to Build AI Center in Indonesia
Nvidia intends to build an artificial intelligence center in Indonesia.
US Job Growth Blows Past Expectations
In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.
Breaking News
