Record Number of US Consumers Makes Minimum Credit Cards Payments
The Philadelphia Federal Reserve has published a report showing that consumer stress has increased as the share of cardholders making only minimum payments on their bills grows.
News - page 36
Meta to Begin Testing Ads on Threads
Meta Platforms Inc. will begin testing advertisements on its microblogging service Threads in collaboration with several companies in the United States and Japan.
Hedge Fund Industry Reaches $4.5 Trillion
The assets under the management of the hedge fund industry reached $4.51 trillion last year.
Meta Plans to Spend as Much as $65 Billion on AI Efforts in 2025
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
Bank of Japan Raises Interest Rates
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
JPMorgan, Goldman Sachs Refuse to Roll Back Diversity Programs Despite Anti-DEI Activist Pressure
Despite increasing pressure from anti-DEI activists fueled by recent political shifts, several financial institutions, including Goldman Sachs and JPMorgan Chase, have chosen to maintain or even strengthen their DEI programs.
US to Form National Digital Asset Stockpile
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
PayPal to Pay $2M Fine for Cybersecurity Failures in New York State
PayPal will pay $2 million in settlements to New York State’s Department of Financial Services over weak cybersecurity measures that caused a sensitive customer data leak in 2022.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
SK Hynix Reports Earnings
South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.
Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil
More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.
OpenAI Introduces Operator
OpenAI takes the functionality of its chatbot ChatGPT to a new level.
European CEOs Hope to Avoid US Trade War
Media reports claim that at the World Economic Forum, which is taking place this week in Davos, Switzerland, European business leaders made statements to some extent downplaying concerns about the likely impact and consequences of a potential transatlantic trade war.
CoinList and AngelList to Help Fund Crypto Startups
CoinList and AngelList jointly introduce Crypto Special Purpose Vehicles (SPVs) and Crypto Roll-Up Vehicles (RUVs) to streamline fundraising and investment management for crypto startups.
Revolut Automates Investments in Singapore With Robo-Advisor
Revolut is making automated investing more affordable and accessible with the launch of its robo-advisor product in Singapore for investments as low as $100.
Netflix Shares Hit Record
On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.