Federal Reserve Chairman Jerome Powell on Friday, March 29, at an event in San Francisco, said that the central bank of the United States does not intend to make hasty decisions and act in an accelerated manner as part of an approach to a potential reduction in interest rates.
Huawei Technologies Co. reported an increase in profit for the fourth quarter of 2024.
Amazon.com Inc. intends to spend almost $150 billion on data centers over the next 15 years.
The report of experts from Counterpoint Research, which was published on Thursday, March 28, contains a forecast that in the current year, the volume of global smartphone shipments will show an increase of 3%.
Sam Bankman-Fried was sentenced to 25 years in federal prison.
Startup Cohere Inc., which operates in the artificial intelligence industry, is currently in the late stages of discussing a new round of financing.
China is currently striving to become a powerful driving force in the process of recovery of the global economic system.
The media reports that Google and Pinterest are currently testing collaboration in the sphere of advertising.
Robinhood launched the credit card as part of a continuing effort to expand the sphere of financial services.
People’s Bank of China Governor Pan Gongsheng said that the country will seek to intensify currency cooperation with other Asian economies to strengthen financial stability in the region.
US Treasury Secretary Janet Yellen intends to put pressure on the Chinese authorities during her upcoming visit to this country since Beijing’s ramp-up of industrial capacity is a factor distorting the global economic system.
The company eSIM Go has added Western Union digital wallets to its mobile data service.
On Wednesday, March 27, the payment industry giant Visa announced plans to implement artificial intelligence tools in three new apps as part of its fraud and risk management technology platform to protect merchants, issuers, and consumers.
Apple Inc. plans to present its strategy in the area of artificial intelligence at the annual Worldwide Developers Conference, which will begin on June 10.
The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.
Visa and Mastercard, two of the world’s largest credit card networks, and banks that issue cards with these companies, have agreed to settle an antitrust case lasting almost 20 years initiated by merchants.
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