US - page 5

News

Walgreens Closes 1,200 stores

Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.

News

Goldman Sachs Earnings Exceed Forecasts

Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.

News

US Consumer Sentiment Declines

In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.

News

AMD Launches New AI Chip

AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.

Finance & Economics

BlackRock Hits $11.5 Trillion of Assets

Last quarter, BlackRock Inc. pulled a record $221 billion in total customer cash.

News

Wells Fargo Reports Third-Quarter Earnings

Wells Fargo on Friday, October 11, released information about its earnings for the third quarter of the current year.

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.

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.

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.

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.

News

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.

News

US FTC Says Marriott to Boost Security to Settle Data Breach Charges

The United States Federal Trade Commission on Wednesday, October 9, said it would require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement an information security program to settle charges related to multiple data breaches recorded between 2014 and 2020.

Fintech & Ecommerce

Mercury Secures $100 Million Credit Warehouse

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

News

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.

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 […]

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.