US - page 13

News

Fed Cuts Interest Rates by Quarter Point

On Wednesday, December 18, Federal Reserve officials made the third decision in the current year to cut their benchmark interest rate, but at the same time decreased the scale of expectations for continued monetary easing next year.

News

AWS to Invest $10B in AI Infrastructure in Ohio

AWS plans to strengthen its commitment to Ohio with a $10 billion investment supporting the surging demand for cloud computing and AI.

News

AI Startup Basis Raises $34 Million

The startup Basis, which operates in the space of the artificial intelligence industry, on Tuesday, December 17, announced that it managed to raise investments for $34 million as part of the Series A funding round.

News

US Economy Faces Threat of Negative Scenario Amid Donald Trump’s Tariffs

Jamie Dimon, chief executive officer of JPMorgan Chase, the largest financial institution in the structure of the United States banking sector, has repeatedly made some kind of warning statements over the past year that the US economy faces a high level of risk that a negative stagflation scenario will be implemented in its space, repeating […]

Science & Technology

OpenAI Launches ChatGPT Search Features to All Users

On Monday, December 16th, OpenAI rolled out the search product for all users of its chatbot ChatGPT.

News

Visa Direct to Launch Instant Fund Transfers for U.S. Bank Accounts in 2025

Visa Direct is planning to introduce a feature that allows funds to be transferred and made available in U.S. bank accounts within one minute or less.

Science & Technology

Intel Executives Say About Possibility of Manufacturing Spinoff

The two executives leading Intel this week acknowledged that the company may be forced to sell its manufacturing operations.

Finance & Economics

Flushing Financial Seeks to Raise $70 Million

The media published information according to which Flushing Financial, a New York-based commercial real estate lender, is currently seeking to raise $70 million.

Science & Technology

Shares of Broadcom Demonstrate Growth

The value of Broadcom shares showed growth on Friday, December 13, which amounted to 14%, and an indicator of the market capitalization of this chip manufacturer, which headquarters are located in Palo Alto. California is approaching the iconic $1 trillion mark.

Science & Technology

AI Startup Vapi Raises $20 Million

Vapi startup, which is based in San Francisco and helps businesses to deploy voice agents powered by artificial intelligence, on Thursday announced that it had raised investments worth $20 million.

News

US Wholesale Inflation Demonstrates Acceleration

Last month, the United States recorded a sharp acceleration in the growth rate of wholesale inflation, which is an undesirable sign that some prices may increase before they come down the pike to consumers.

News

Equipifi and Synergent Partner to Expand Credit Union Access to BNPL

U.S. fintech equipifi and a service organisation Synergent have formed a strategic partnership to enhance the ability of credit unions to offer Buy Now, Pay Later (BNPL) solutions directly within their digital banking platforms.

News

China Prepares for New Trade Tensions With US

Recently, the condition of relations between China and the United States has been on a trajectory of consistent deterioration, being a kind of process containing the risk of crossing the point of no return, beyond which the fundamental degradation of cooperation practices begins, and the future in this case does not have bright colors of […]

News

US Inflation Demonstrates Growth

In November, an increase in inflation was recorded in the United States.

Finance & Economics

Long-Term Prospects of Fed’s Monetary Policy Easing Face Uncertainty

The jobs report published last week was interpreted by many experts as a kind of signal of the inevitability that in the current month, the Federal Reserve System will make another decision on cutting interest rates, but this answer to the question of what happens next faces a symbolic twilight of uncertainty.

Science & Technology

TikTok Faces US Ban

The Chinese TikTok’s parent company faces a ban in the United States next month as a result of the relevant decision of the federal appeals court, adopted on Friday, December 6.