US Inflation Stays Firm
In the United States, inflation remained firm last month.
US - page 16
Wealth Management Firms in US to Double AI Budgets
Projections indicate that AI will account for 37% of US wealth management firms’ IT spending in the next 3-5 years, up from 16%.
PNC Bank Increases Investment in New Branch Locations
PNC Bank has increased the number of new branch locations and renovations that this financial institution intends to complete over the next five years.
Tesla Hits $1 Trillion Market Value
Tesla’s market capitalization indicator on Friday, November 8, breached the $1 trillion mark amid a sharp increase in the value of the company’s shares, which is due to the fact that its chief executive officer Elon Musk supported Donald Trump, who became the winner of the United States presidential election.
Qualcomm Reports Earnings
Qualcomm last Wednesday, November 6, released data on its earnings for the last quarter.
Fed Cuts Interest Rates Again
The Federal Reserve System on Thursday, November 7, decided to cut interest rates for the second time in the current year.
Bitcoin Reaches Record High of $75K Fueled by US Election
Bitcoin has hit an all-time high of $75,800, as the outcome of the US election gave crypto enthusiasts hope for legal clarity and government-backed promotion.
US Stocks Rise to Record Highs
The stock indexes of the United States on Wednesday, November 6, showed a sharp increase and closed at a record high amid the news that Donald Trump had won the presidential election.
US Lawmaker Urges Investigation Into China’s Chipmaker SMIC
Michael McCaul, chair of the House Foreign Affairs Committee, urged US Commerce Department agents to visit the production sites of China’s Semiconductor Manufacturing International Corporation (SMIC) and check whether this company is involved in making chips for Huawei Technologies.
Super Micro Shares Demonstrate Decline
Super Micro, a server manufacturer that publishes annual financial statements later than scheduled and currently faces the risk of being excluded from the Nasdaq list, last Tuesday, November 5, shared with the public data on the results of its activities for the last fiscal quarter.
Blackstone Reportedly Targets New European Markets
Blackstone’s private wealth business plans to enter at least two new European markets next year.
AliExpress Welcomes U.S. Retailers to Its Direct Platform
AliExpress invited U.S.-based retailers to join the AliExpressDirect initiative and reach a global audience through the Chinese leading e-commerce platform.
US Manufacturing Demonstrates Decline
In October, the United States recorded a decrease in the level of manufacturing activity to a reading that is a 15-month low.
US Unemployment Rate Demonstrates Resilience
In the United States, job growth almost stalled last month.
US to Invest $825 Million in New York Semiconductor R&D Facility
The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.
Key Fed Inflation Rate Hits 2.1%
In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.