US - page 25

Fed’s Susan Collins Says About Prospects of December Rate Cut
News

Fed’s Susan Collins Says About Prospects of December Rate Cut

Federal Reserve Bank of Boston President Susan Collins on Friday, November 15, during a conversation with media representatives, stated that cutting interest rates in the United States in December remains on the table, noting separately in this context that the relevant decision of the US financial regulator will be based on the coming data on […]

Palantir Shares Demonstrate Growth
Science & Technology

Palantir Shares Demonstrate Growth

The shares of Palantir Technologies Inc., an artificial intelligence software developer, confidently resist the skepticism of Wall Street analysts, who doubt the justification for the high market capitalization of this company and do not show enthusiasm in the context of assessing the prospects for sustainable revenue growth of the firm.

Visa Flexible Credential Expands to US With Affirm Card
News

Visa Flexible Credential Expands to US With Affirm Card

Visa Flexible Credential allows users to manage funding from various accounts for different purchase types, and use “Buy Now, Pay Later” services via the Affirm partnership.

Why Faster Settlement and Open Banking Matter in 2024?
Fintech & Ecommerce

Why Faster Settlement and Open Banking Matter in 2024?

We live in the age when speed of sharing information and financial data is critical. Volatile markets, high-liquidity businesses and innovative open banking apps – that’s what defines the XXI century finance. Here’s why you should bother about faster settlement times and implementation of open banking practices in 2024.

Klarna Files Plans for American IPO
News

Klarna Files Plans for American IPO

Swedish Klarna has filed its long-awaited plans to go public in the United States.

US Inflation Stays Firm
News

US Inflation Stays Firm

In the United States, inflation remained firm last month.

Wealth Management Firms in US to Double AI Budgets
Fintech & Ecommerce

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
Finance & Economics

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
Science & Technology

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
Science & Technology

Qualcomm Reports Earnings

Qualcomm last Wednesday, November 6, released data on its earnings for the last quarter.

Fed Cuts Interest Rates Again
Finance & Economics

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
Blockchain & Crypto

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
News

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
News

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
News

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
Finance & Economics

Blackstone Reportedly Targets New European Markets

Blackstone’s private wealth business plans to enter at least two new European markets next year.