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Finance & Economics

ILO Says Global Unemployment to Hold Near Historical Low of 5%

The International Labor Organization published a report this week, which contains information that the global unemployment rate last year was steady at a historic low of 5%.

Science & Technology

Perplexity AI Acquires Read.cv

Perplexity AI, an artificial intelligence-powered search engine, acquires Read.cv, a social media platform for professionals that competed with Linkedln.

Finance & Economics

China Hits 5% GDP Target

Last year, China’s economic system growth exceeded preliminary expectations.

News

IMF Lifts Global Economic Growth Forecast

The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.

Articles

Car Mats UK: A Smart Investment for Clean, Safe Floors

Keeping your car interior clean and protected has never been more crucial, and this is where the importance of car floor mats becomes apparent. In the UK, unpredictable weather changes can lead to muddy, wet, and grimy conditions that easily find their way into your vehicle. High-quality car floor mats provide an essential layer of protection […]

News

Bank of America Reports Earnings

Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.

News

Citi Plans $20 Billion in Buybacks

Citigroup has cut its closely watched profitability target for 2026, as this lender is currently struggling with regulatory expenses that demonstrate the dynamic of growth.

News

Scott Bessent Warns Risk of Crisis

Treasury Secretary nominee Scott Bessent warned that a crisis scenario could be realized in the United States economic system, which would become a situation with painful consequences for the middle and working-class people.

Finance & Economics

U.S. Bancorp and PNC Predict Muted First-Quarter NII on Loan Demand

In the United States, two major regional banks have released muted forecasts for their net interest income in the first quarter of the current year amid uncertainty about the extent to which low interest rates will revive demand for loans.

News

Morgan Stanley’s Profit More Than Doubles

Last Thursday, January 16, Morgan Stanley published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations and demonstrated the positive dynamic due to the bank’s equities and fixed-income traders generating a result surpassing forecasts.

Society & Lifestyle

7 Tips for First-Time Kratom Users

Kratom is a natural herb that is drawn from the leaves of the Mitragyna speciosa tree endemic to Southeast Asia. It has become popular in the recent past, with the belief that it has several benefits, such as alleviating pain, being an energy booster, and fighting depression.   However, for first-time users, it is sometimes very […]

Articles

Honey Shopping Tool Leads to Fraud Allegations Against PayPal

The popular browser extension Honey has become a household name in the world of online shopping, offering consumers an automated way to find and apply discount codes during checkout. Since its inception, millions of shoppers have embraced this free tool, which promises to help them save money while making purchases. Retailers have also generally supported […]

Science & Technology

AI Video Platform Synthesia Doubles Valuation

Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, raised $180 million as part of an investment round valuing this startup at $2.1 billion.

Finance & Economics

German Economy Shrinks for Second Year

In 2024, Germany’s economic system was on a downward trajectory, and 2025 is likely not to be a period of growth and prosperity.

News

Wells Fargo Reports Earnings

Wells Fargo securities showed growth on Wednesday, January 15, after the bank released information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, and issued strong guidance on net interest income for 2025.

News

BNY Quarterly Profit Beats Estimates

Bank of New York Mellon Corp. on Wednesday, January 15, released information about its profit for the fourth quarter of last year, which exceeded preliminary estimates because this financial institution earned higher investment services fees from its clients.