US - page 17

US to Form National Digital Asset Stockpile
Blockchain & Crypto

US to Form National Digital Asset Stockpile

The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.

Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil
Finance & Economics

Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil

More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.

Netflix Shares Hit Record
News

Netflix Shares Hit Record

On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.

Ally Sells Credit Card Business to CardWorks
Fintech & Ecommerce

Ally Sells Credit Card Business to CardWorks

Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.

Capital One’s Card Purchase Volumes Demonstrate Growth
News

Capital One’s Card Purchase Volumes Demonstrate Growth

Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.

SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project
News

SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project

Stargate Project, a new company supported by SoftBank, OpenAI, Oracle, and MGX, aims to invest $500 billion over the next four years to build robust AI infrastructure in the United States.

Oracle Launches AI Agents for Sales Professionals
News

Oracle Launches AI Agents for Sales Professionals

Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.

Donald Trump Announces $500 Billion AI Infrastructure Investment
News

Donald Trump Announces $500 Billion AI Infrastructure Investment

OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.

Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada
Finance & Economics

Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada

President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.

South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support
Finance & Economics

South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support

South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.

TSMC Expects Its Chips Act Funding to Continue Under Donald Trump
News

TSMC Expects Its Chips Act Funding to Continue Under Donald Trump

In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.

Donald Trump Reportedly to Hold Off on Immediate China Tariffs
Finance & Economics

Donald Trump Reportedly to Hold Off on Immediate China Tariffs

The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.

Is TikTok Actually Getting Banned in US?
News

Is TikTok Actually Getting Banned in US?

TikTok users in the US have witnessed their favourite social media in and out of service this Sunday, with no certainty about the future of the short video app in the country.

Bank of America Reports Earnings
News

Bank of America Reports Earnings

Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.

Citi Plans $20 Billion in Buybacks
Finance & Economics

Citi Plans $20 Billion in Buybacks

Citigroup has cut its closely watched profitability target for 2026, as this lender is currently struggling with regulatory expenses that demonstrate the dynamic of growth.

Scott Bessent Warns Risk of Crisis
News

Scott Bessent Warns Risk of Crisis

Treasury Secretary nominee Scott Bessent warned that a crisis scenario could be realized in the United States economic system, which would become a situation with painful consequences for the middle and working-class people.