Riksbank Prioritises Offline Payments in Contingency Planning
Swedish Riksbank wants to strengthen the resilience of the national payment system, developing solutions that enable offline payments with cards, amidst the global geopolitical turmoil.
News - page 19
BBVA to Offer Bitcoin and Ether Services in Spain
One of Spain’s largest banks, BBVA, got approval from the local financial regulator to handle crypto trading orders. The bank is now preparing to offer these services to retail customers, initially focusing on Bitcoin and Ether.
Gender Pay Gap Still an Issue in U.S.
As Women’s History Month progresses in the U.S., the same cannot be said about the gender pay gap, which hasn’t been shrinking much in the last few years.
China Announces High-Tech Fund
After the artificial intelligence reasoning model, a product of the Chinese company DeepSeek, became popular globally in the current year, the top economic officials of the Asian country promised to form a state-backed fund to support technological innovation.
Wall Street Ends Sharply Lower
On Monday, March 10, the stock indexes of the United States showed a significant drop.
China’s Inflation Declines Below Zero
In China, consumer inflation showed a decrease, which turned out to be more widespread than preliminary expectations regarding the dynamic of this indicator, and fell below zero for the first time in 13 months, an assessment skewed by seasonal distortions, but also a signal of continued deflationary pressure on the economic system of the Asian […]
TSMC’s Sales Accelerates
Revenue of Taiwan Semiconductor Manufacturing Co. (TSMC) in the first two months of the current year showed growth of 39%, which is an acceleration compared to the upward dynamic of this indicator in 2024 and indicates a steady level of consumer demand for Nvidia chips used in the development of artificial intelligence.
Virtual Card Transactions to Exceed $17.4 Trillion by 2029
The value of virtual card payments is expected to grow 235% by 2029, surging to $17.4 trillion from $5.2 trillion in 2025.
JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast
JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.
Trump Tariffs to Accelerate Inflation, Hinder GDP, Employment
As U.S. President Donald Trump fiddles with tariffs on some goods from Canada, China and Mexico, analysts share their estimations on how that might influence key economic indicators, such as inflation, employment and GDP.
StubHub Reportedly Considers Seeking $1 Billion in IPO
The media published information according to which the ticketing software company StubHub intends to raise more than $1 billion in an initial public offering (IPO) of shares.
Hinge Health Reportedly to Go Public as Soon as April
The media reported that perhaps as early as next week, the digital physiotherapy startup Hinge Health will file for an initial public offering (IPO) of shares.
Microsoft Reportedly Develops AI Reasoning Models
The media published information according to which Microsoft is currently developing in-house artificial intelligence reasoning models to compete with OpenAI.
AI Startup Anysphere Reportedly in Talks for Close to $10 Billion Valuation
The media, citing anonymous insiders, published the information, according to which the startup Anysphere Inc., which operates in the space of the artificial intelligence industry and is the developer of the popular AI-powered code editor Cursor, is currently negotiating to raise hundreds of millions of dollars from investors at a valuation close to $10 billion.
Socure Unveils Identity Manipulation Risk Score to Combat First-Party Fraud
AI-driven digital identity verification and fraud prevention platform Socure has developed an innovative risk score to detect when users manipulate their identities and help address a $100 billion fraud problem.
Fed’s Chair Says Still No Need to Hurry to Consider Rate Moves
Federal Reserve chairman Jerome Powell acknowledged the growing uncertainty in the context of the prospects for the subsequent dynamic of the United States economic system but at the same time, he noted that currently there is no need for officials to rush to adjust monetary policy.
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