BNY’s Profit Increases
Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.
Finance & Economics
Wells Fargo Reports Disappointing Earnings Data
On Friday, April 11, the value of Wells Fargo shares showed a drop as the financial institution reported revenue for the first quarter of 2025, which turned out to be below preliminary expectations, and a decrease in net interest income.
JPMorgan Tops Quarterly Expectations
JPMorgan Chase on Friday, April 11, released information about its earnings for the first quarter of 2025, which exceeded preliminary expectations, driven by increased activity related to equity trading.
Morgan Stanley Reports First-Quarter Revenue
Morgan Stanley’s stock traders recorded revenue in the first quarter of the current year that exceeded analysts’ preliminary expectations, as the largest banks in the United States continue to benefit from the turbulence that has become a fact of reality against the backdrop of US President Donald Trump’s tariff policy.
China Raises Tariffs on US Goods
The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.
US Consumer Sentiment Decreases
Currently, there is pessimism among residents of the United States in the context of assessing the prospects for the further dynamic of the country’s economic system.
US Inflation Decreases
In March, a sharp slowdown in the inflationary process was recorded in the United States economic system.
Amazon CEO Says AI Costs to Come Down
Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.
Apple Takes Flight: 600 Tons of iPhones Airlifted from India to Outsmart New Tariff Policies
Apple, which produces and assembles most of its iPhones in China, has accelerated its production capacities in India, bringing about 1,5 million smartphones from the Indian manufacturing hub via aircraft cargo in less than a month.
Business Confidence in UK Holds Record High
UK businesses illustrate robust confidence levels with growth driven by optimistic retail firms.
Donald Trump Puts 90-Day Pause on Higher Tariffs
President of the United States Donald Trump on Wednesday, April 9, announced a 90-day pause on higher tariffs and at the same time increased levies on goods imported from China to 125%.
US Imposes New Tariffs on China
President of the United States Donald Trump intends on Wednesday, April 9, to impose huge levies of 104% on all goods imported from China.
Why Serious Companies Need to Consider ISO 9001
If you’re not familiar with ISO 9001, let us tell you that it is one of the highest quality management standards out there. Businesses all over the world are using it to receive aid in terms of improved efficiency, stay competitive, and of course meet the needs and demands of their customer base. There are […]
Goldman Sachs Boosts Recession Risk
Economists at Goldman Sachs Group Inc. have raised their estimate of the likelihood of a recession in the United States.
JPMorgan CEO Says Donald Trump Tariffs to Boost Inflation
JPMorgan Chase chief executive officer Jamie Dimon said on Monday, April 7, that the tariffs announced last week by United States President Donald Trump are likely to trigger price increases for both domestic and imported goods, which will have a negative impact on the condition of the US economic system, which already demonstrated the slowdown.
China Demonstrates Readiness for Trade War
The decision by the head of the People’s Republic of China, Xi Jinping, to quickly take countermeasures against the United States in the area of trade after US President Donald Trump last week announced reciprocal tariffs on goods imported from the Asian country indicates Beijing’s readiness for a large-scale, intense and, in a sense, fundamental […]
Finance & Economics
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