US - page 21

News

SEC Seeks to Sanction Elon Musk

The Securities and Exchange Commission (SEC) has asked a federal judge to sanction Elon Musk if the billionaire continues to violate a court order to testify about his acquisition of the social media platform Twitter, currently named X, in 2022.

News

American Airlines Reportedly Plans to Make Citigroup Its Exclusive Credit Card Partner

Media reports indicate that American Airlines is currently in talks aimed at making Citigroup its exclusive credit card partner.

Finance & Economics

Fed Governor Christopher Waller Says About Fast Inflation Softening

Federal Reserve Governor Christopher Waller on Friday, September 20, during a conversation with media representatives, said that this week at a meeting of the central bank of the United States on monetary policy, he supported the decision to cut interest rates by a half percentage point rate, since the currently observed rate of decline in […]

News

Abu Dhabi Seeks to Expand Partnership With Washington Through AI

Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States, as reported by the media, is aimed at reaching agreements on a higher level of cooperation between Abu Dhabi and Washington in the context of preparing for the continuation of partnership relations between the two capitals within the framework of […]

Finance & Economics

Fed Cuts Interest Rates

The Federal Reserve System on Wednesday, September 18, decided to cut its benchmark interest rate by a half percentage point.

Fintech & Ecommerce

Wells Fargo Presents New APIs for Commercial Banking Clients

Wells Fargo presented specialized application programming interfaces (APIs) designed for clients of this financial institution who belong to the category of consumers of commercial banking services.

Science & Technology

Microsoft Approves New Share Buyback Program

Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.

News

US Retail Sales Demonstrate Growth

In the United States, an increase in retail sales was recorded in August, which was evidence that one of the main driving forces of the positive dynamic economic system of this country remains in force, despite various difficulties, including inflation that has not been fully overcome and continuing uncertainty about the scenarios of the future.

Science & Technology

Larry Ellison Becomes World’s Second-Richest Man

On Monday, September 16, the value of Oracle shares continued their growth trajectory, increasing by more than 6%, against which the chairman of this company, which is a software developer and server hardware supplier, Larry Ellison became the second richest person in the world, displacing Amazon founder Jeff Bezos in the appropriate position.

News

Adobe Shares Demonstrate Sharp Decline

The value of Adobe shares fell by almost 10% on Friday, September 13, after the Photoshop developer released a disappointing quarterly earnings forecast, which provoked fears that returns from its push toward artificial intelligence design would become a scenario for a longer period of materialization compared to initial expectations.

Fintech & Ecommerce

Amazon Invests Another $2.1 Billion in Its Delivery Service Partner

Amazon has invested another $2.1 billion in its program called Delivery Service Partner (DSP), which is designed to help entrepreneurs who are representatives of the small business sector build delivery companies.

Science & Technology

OpenAI Presents New AI Model

OpenAI presents a new model of artificial intelligence, which was internally known as Strawberry.

News

BurgerFi Files for Bankruptcy

Fast casual chain BurgerFi filed for Chapter 11 bankruptcy and announced it on Wednesday, September 11.

Fintech & Ecommerce

Amazon Launches New Line of Budget-Friendly Food Items

Amazon, following the experience of Aldi and Target, is launching a new line of inexpensive food items to gain customers who, as part of the practice of purchasing goods and services, consider the cost factor as a priority parameter and abandon products of well-known brands, following the goals of the economy and a consumption strategy […]

News

Palantir and Dell to Join S&P 500

The value of Dell and Palantir shares on Friday, September 6, during extended trading, showed an increase of about 7% in both cases amid reports that these companies will join the S&P 500 index.

Science & Technology

Broadcom’s Shares Demonstrate Decline Amid Weak Earnings Forecast

On Friday, September 6, the value of Broadcom shares fell by more than 7% because this company specializing in the production of chips and based in San Jose, California, released a revenue forecast that disappointed investors who have high expectations about the commercial aspect of artificial intelligence microcircuits making activities.