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JPMorgan Chase Earnings Exceed Estimates
Finance & Economics

JPMorgan Chase Earnings Exceed Estimates

JPMorgan Chase has released information about earnings in the third quarter of the current year, which exceeded preliminary forecasts for the dynamic of the corresponding indicator.

SoFi Adds New Credit Cards to Its Product Line
Fintech & Ecommerce

SoFi Adds New Credit Cards to Its Product Line

SoFi Technologies has added two new credit cards to its digital financial services line.

Startup Writer Launches New AI Model
Science & Technology

Startup Writer Launches New AI Model

The startup Writer, which is based in San Francisco, last Wednesday, October 9, debuted a large model of artificial intelligence.

Amazon Tests Adding Robot Warehouses to Whole Foods
Fintech & Ecommerce

Amazon Tests Adding Robot Warehouses to Whole Foods

Amazon last Wednesday, October 9, announced that it was testing adding mini-warehouses to Whole Foods supermarkets.

US Inflation Rate Tops Expectations
Finance & Economics

US Inflation Rate Tops Expectations

In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.

Mercury Secures $100 Million Credit Warehouse
Fintech & Ecommerce

Mercury Secures $100 Million Credit Warehouse

Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.

JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public
Finance & Economics

JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public

JPMorgan Chase chief executive officer Jamie Dimon said last Tuesday, October 8, during a conversation with media representatives that in the United States and the United Kingdom, local regulators made it difficult for companies to go public.

Hurricane Milton Reportedly to Cause Significant Economic Damage
Finance & Economics

Hurricane Milton Reportedly to Cause Significant Economic Damage

Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]

US Big Banks Lending Income Reportedly to Hit Two-Year Low
Finance & Economics

US Big Banks Lending Income Reportedly to Hit Two-Year Low

The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.

Sam’s Club Reportedly Prepares to Open First All-Digital Store
Fintech & Ecommerce

Sam’s Club Reportedly Prepares to Open First All-Digital Store

The media reports that Sam’s Club is currently preparing to launch its first store without checkout lanes.

US Judge Orders Google to Open Up App Store
Science & Technology

US Judge Orders Google to Open Up App Store

On Monday, October 7, a US judge ordered Google to overhaul its mobile app business to provide users of devices powered by the Android operating system with more options to download the mentioned digital products and pay for transactions within them.

Global Supply Chain Pressure Demonstrates Weakening
Finance & Economics

Global Supply Chain Pressure Demonstrates Weakening

An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.

US Hiring Tops Estimates
Finance & Economics

US Hiring Tops Estimates

Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.

Experts Say US Jobs Report to Show Stable Growth in September
Finance & Economics

Experts Say US Jobs Report to Show Stable Growth in September

Economists surveyed by the media expect that the number of hiring in the United States will show an increase as a result of September.

Texas Sues TikTok
Science & Technology

Texas Sues TikTok

The US state of Texas has sued TikTok, accusing this virtual platform of involvement in the practice of violating the system of norms on ensuring the privacy of children in the digital environment.

Jerome Powell Says Fed to Lower Rates Over Time
Finance & Economics

Jerome Powell Says Fed to Lower Rates Over Time

Federal Reserve Chairman Jerome Powell said that the central bank of the United States will once again cut interest rates over time and noted that currently, the US economy as a whole remains on solid footing.