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.
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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.
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.
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.
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.
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.
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 […]
US Inflation Demonstrates Growth
In November, an increase in inflation was recorded in the United States.
MEI Forecasts 3.2% Global GDP Growth in 2025 Fuled by Shifts in Monetary and Fiscal Policies
The Mastercard Economics Institute (MEI) predicts a global GDP growth of 3.2% in 2025, driven by robust U.S., Indian, and GCC economies, with moderate growth in Europe and Latin America.
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.
Gallagher Agrees to Buy AssuredPartners
Arthur J. Gallagher & Co has agreed to acquire insurance broker AssuredPartners.
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.
US Job Growth Accelerates
In the United States, a recovery in job creation was recorded in November after the minimum figures in the previous month.
OpenAI Launches $200 ChatGPT Subscription
OpenAI on Thursday, December 5, launched a version of its popular chatbot ChatGPT worth $200 per month.
Jerome Powell Says US Economy’s Strength Means Restraint With Cutting Interest Rates
Federal Reserve Chairman Jerome Powell said last Wednesday, December 4, that the strengthening of the United States economy means that the central bank of this country can demonstrate some restraint in the context of actions to cut interest rates.
Wells Fargo Reportedly Sells San Francisco HQ
The media reported that Wells Fargo is selling its headquarters in San Francisco, as the leadership of this financial institution, which is the fourth largest by total assets in the United States banking system, heads east.
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