US

Finance & Economics

Fed Keeps Interest Rates at 23-Year High

The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.

News

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology

The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.

Fintech & Ecommerce

Morgan Stanley Says AI Helps Financial Advisers Save Time

Morgan Stanley CEO Ted Pick said that the ability of artificial intelligence to transcribe conversations and categorize them by topic could save financial advisers 10 to 15 hours a week.

News

Apple Presents New iPhone OS at WWDC Event

Apple presented the latest operating systems for iPhone, iPad, and Mac at the annual Worldwide Developers Conference (WWDC).

News

U.S. Bank Launches Partnership With Greenlight

U.S. Bank has launched a collaboration with Greenlight, which is aimed at improving the level of financial education.

Science & Technology

US Regulators Reportedly to Open Antitrust Probes Into Nvidia, Microsoft and OpenAI

In the United States, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) intend to launch an antitrust investigation against Microsoft, OpenAI and Nvidia.

Fintech & Ecommerce

Janet Yellen Warns AI Risks in Finance

The United States Treasury Department on Thursday, June 6, announced that it is seeking public comments on the assessment of the practice of using artificial intelligence technologies in the financial services industry.

Science & Technology

Nvidia Hits $3 Trillion in Market Value

Nvidia has become one of the main beneficiaries of the so-called artificial intelligence boom, as evidenced by the financial performance of its activities, which continue to set new records.

Finance & Economics

ECB’s Inflation Challenge Resembles Similar US Problem

In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]

News

Intel Agrees to Sell 49% of Irish Venture to Apollo

Intel has agreed to implement the deal to sell a stake in a venture that controls a factory located in Ireland.

Finance & Economics

US Job Openings Fall

The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.

Science & Technology

Intel Announces New AI Chips

Intel on Tuesday, June 4, announced new artificial intelligence chips designed for use in data centers.

Science & Technology

AMD Announces New AI Chips

Advanced Micro Devices (AMD) is intensifying the process of developing new artificial intelligence processors to improve its competitiveness in the fast-growing and more than the promising market for corresponding products, where Nvidia currently holds an unambiguous leadership position, being the main beneficiary of the high-level of demand for chips necessary for training and ensuring the […]

News

Dell Reports First-Quarter Earnings

Dell has released information on its financial results for the first quarter of fiscal year 2025.

News

Bank of America CEO Says About US Consumers and Businesses Cautious on Spending

Brian Moynihan, Chief Executive Officer of Bank of America, said that currently in the United States, consumers and businesses are following an approach in the framework of spending planning, the main priority of which is caution.

Finance & Economics

JPMorgan CEO Forecasts Problems in Private Credit Market

JPMorgan Chase & Co. chief executive officer Jamie Dimon said he expected problems with the private credit market.