Retailers Are Top Green Investors in US
Retailers have emerged as unexpected leaders in green investments among different U.S. industries, contributing almost $33.6 billion in green technology or clean energy in Q2 of 2024.
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US Finalizes $6.6 Billion Chips Award for TSMC
The United States Commerce Department on Friday, November 15, announced that it finalized a $6.6 billion government subsidy for the US unit of Taiwan Semiconductor Manufacturing Co (TSMC).
Elon Musk Expands Lawsuit Against OpenAI
It has become known that Elon Musk has expanded his lawsuit against OpenAI, the developer of the world’s most popular artificial intelligence-based chatbot called ChatGPT.
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
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
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?
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
Swedish Klarna has filed its long-awaited plans to go public in the United States.
US Inflation Stays Firm
In the United States, inflation remained firm last month.
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
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
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
Qualcomm last Wednesday, November 6, released data on its earnings for the last quarter.
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
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
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.
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