US

Finance & Economics

Hurricane Milton Reportedly to Cause Significant Economic Damage

Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]

Finance & Economics

US Big Banks Lending Income Reportedly to Hit Two-Year Low

The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.

Fintech & Ecommerce

Sam’s Club Reportedly Prepares to Open First All-Digital Store

The media reports that Sam’s Club is currently preparing to launch its first store without checkout lanes.

Science & Technology

US Judge Orders Google to Open Up App Store

On Monday, October 7, a US judge ordered Google to overhaul its mobile app business to provide users of devices powered by the Android operating system with more options to download the mentioned digital products and pay for transactions within them.

Finance & Economics

Global Supply Chain Pressure Demonstrates Weakening

An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.

News

US Hiring Tops Estimates

Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.

News

Experts Say US Jobs Report to Show Stable Growth in September

Economists surveyed by the media expect that the number of hiring in the United States will show an increase as a result of September.

News

Texas Sues TikTok

The US state of Texas has sued TikTok, accusing this virtual platform of involvement in the practice of violating the system of norms on ensuring the privacy of children in the digital environment.

News

Jerome Powell Says Fed to Lower Rates Over Time

Federal Reserve Chairman Jerome Powell said that the central bank of the United States will once again cut interest rates over time and noted that currently, the US economy as a whole remains on solid footing.

Finance & Economics

Fidelity Limits Mobile Deposits as Banks Defend Against Check Fraud

Online check fraud schemes boom forces major US banks to introduce additional security measures such as drastically decreasing limits to mobile deposits as Fidelity recently did.

News

US Consumer Sentiment Improves

The rise of consumer sentiment continues to be observed in the United States.

Fintech & Ecommerce

Fintech Firm Chime Reportedly Taps Morgan Stanley to Handle IPO

Media reports that Chime Financial Inc., which specializes in financial technology and focuses on providing free services, has tapped Morgan Stanley to lead its initial public offering (IPO) of shares.

Science & Technology

Alphabet to Invest in South Carolina

Business giant Alphabet, which ownership structure includes Google, plans to invest $3.3 billion in South Carolina.

Blockchain & Crypto

PayPal Enables Crypto Payments for Business Accounts

PayPal U.S. business accounts finally receive crypto capabilities similar to those individual consumers have been enjoying for years.

News

Visa and Mastercard Allegedly Spend Millions to Block Competition

Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.

Science & Technology

Meta Demonstrates New AR Smart Glasses

Orion smart glasses by Meta are described as a time machine bringing users a glimpse of a fascinating future where reality and virtual environment seamlessly blend.