U.S. Bank Expands Its Partnership With Edward Jones
U.S. Bank is expanding its partnership with broker-dealer and financial advisor Edward Jones.
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World’s Largest Business Show Returns to LA in 2024
The world’s largest business show returns to LA in 2024. It is taking place on the 9th & 10th of October 2024 at The LA Convention Center and running alongside The B2B Marketing Expo. This edition of The Business Show will host an audience of 8,000 SMEs and startups, providing all the help and guidance […]
US Appeals Court Revives Privacy Action by Google Chrome Users
The United States Court of Appeals has ruled that the Internet search giant Google must respond to a renewed class action lawsuit by Chrome browser users who claimed that the company was involved in the practice of collecting their data classified as confidential information without first obtaining permission to carry out relevant activities.
AMD to Acquire Server Maker ZT Systems
It became known that Advanced Micro Devices (AMD) Inc. has reached an agreement on the implementation of the deal for the acquisition of ZT Systems, which specializes in the implementation of server manufacturing activities.
Traders Need Fed’s Signal to Keep Stocks Rallying
Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.
Jerome Powell Reportedly Huddles With Bank CEOs to Avoid Legal Fight Over Capital Plan
The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.
Texas Instruments to Receive Up to $1.6 Billion From US Commerce Department
Texas Instruments, maker of microcircuits, on Friday, August 16, announced that it would receive from the US Commerce Department financing in the amount of up to $1.6 billion for the construction of three new facilities.
EliseAI Raises $75 Million
EliseAI, an artificial intelligence platform focused on housing and healthcare, raised $75 million in a Series D funding round.
Cisco Gives Upbeat Sales Forecast
Cisco Systems Inc., the largest manufacturer of computer networking equipment, has released an optimistic revenue forecast amid an increase in the number of orders, but at the same time announced its intention to reduce the number of its workforce as part of making significant changes to its activity strategy.
Fed’s Raphael Bostic Says More Data Needed to Rate Cut
Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.
Google Launches Pixel 9 Phones
Google has presented upgraded smartphones, watches, and earbuds.
US Producer Prices Demonstrate Growth
In the United States, a slowdown in the dynamic of wholesale inflation was recorded in July, which was a relatively expected result.
US July Federal Deficit Demonstrates Growth
In July, the United States government recorded a budget deficit of $244 billion.
BofA CEO Says About Impact of Interest Rates on Consumers
Chief executive officer of Bank of America Brian Moynihan said last Sunday, August 11, during a conversation with media representatives that in the United States, the lack of a decision by the Federal Reserve System to soften the concept of monetary policy, providing for cutting interest rates, in the short term may become a factor […]
JPMorgan Chase Rolls Out AI Assistant to Its Employees
In recent weeks, JPMorgan Chase has implemented a digital assistant based on generative artificial intelligence for its employees.
Experts Say About Low Likelihood of Emergency Interest Rate Cut by Fed
A sharp slowdown in the pace of the dynamic of the growth in the labor market in the United States has provoked rumors that the Federal Reserve may begin to soften its monetary policy strategy, providing for cutting interest rates, even before its September policy meeting.
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