JPMorgan CEO Criticizes Cryptocurrency
JPMorgan Chase CEO Jamie Dimon last Wednesday, December 6, during a speech on Capitol Hill, proposed a ban on cryptocurrency in the United States.
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Chip Company ASM to Build US Base in Arizona
The Dutch company ASM International NV, which specializes in the manufacture of equipment for making chips, intends to invest $324 million in a new headquarters in the US state of Arizona.
Bank of America CEO Says About Normalization of US Economy
Brian Moynihan, CEO of Bank of America, said that the American economic system, in his opinion, is moving towards the realization of optimistic prospects in the foreseeable future, noting that it is likely to be expected to have a so-called soft landing rather than a recession.
Wells Fargo CEO Says About Potential Consequences of Fed Asset Cap
Chief Executive Officer of Wells Fargo & Co. Charlie Scharf said that the limitation of the assets of the Federal Reserve System is currently not a factor of significant influence on the process of activity of the financial institution he heads, but suggests that the situation will change in the future.
Bumble Launches AI-Powered Conversation Starters and Plans for Friends
Bumble For Friends, which in the digital age helps people communicate with each other and find new friends in the virtual space, announced the launch of two functional solutions called Conversation Starters and Plans.
Goldman Sachs Favors Options to Counter Intensive Rate-Cut Pricing
Goldman Sachs thinks that there is currently an overly optimistic mood in the financial markets regarding the possible range of interest rate cuts by the Federal Reserve next year.
Judge Blocks TikTok Ban in Montana
Last Thursday, November 30, in the United States, a federal judge’s decision temporarily halted a ban on a virtual platform for creating and watching short videos and online broadcasts of TikTok in Montana, which was supposed to take effect in early 2024.
Robinhood App Now Available in UK
UK customers can now trade US stocks via Robinhood brokerage without extra commission or foreign exchange fees.
Nvidia CEO Says About Prospects of AI Competitiveness
Nvidia CEO Jensen Huang last Wednesday, November 29, during a speech at the annual DealBook summit in New York, said that artificial intelligence is gaining on humans.
JPMorgan Chase CEO Warns of Recession Risk
JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.
Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical
A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.
CFPB Fines Bank of America
The Consumer Financial Protection Bureau (CFPB) applied to Bank of America a measure of material impact in the form of an obligation to pay $12 million for the involvement of this financial institution in the practice of providing incomplete data related to mortgage lending to the federal government.
Visa Reveals What Extra Benefits Travellers Are Willing to Pay For
Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.
US Home Prices Hit Record High
In September, the dynamic of housing prices in the United States continued to move within the growth trend.
Snapchat Reportedly Tests Ad-Free Subscription Tiers
Media reports that Snapchat is currently testing consumer subscription offers without ads.
Reddit Reportedly Plans IPO
The media reports that Reddit is currently negotiating with potential investors about an initial public offering (IPO).
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