News - page 6

Finance & Economics

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.

Finance & Economics

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 […]

Science & Technology

Amazon Prepares to Launch Satellite Internet Network

Project Kuiper, Amazon initiative to build a satellite internet constellation similar in concept to SpaceX’s Starlink, is ready to send an entire batch of satellites to space for the first time.

Science & Technology

SandboxAQ Raises $450 Million for Quantitative AI Platforms

SandboxAQ raised over $450 million in a Series E funding round to support its development of large quantitative models that will help enterprises use artificial intelligence to solve scientific and quantitative challenges.

Blockchain & Crypto

Christopher Waller Says Stablecoins Bring Benefits to US Payments System

Federal Reserve Governor Christopher Waller said on Friday, April 4, that stablecoins are a good thing for the United States payments system, but he doubts that the country’s financial system will be able to support a large number of assets of the appropriate category.

Science & Technology

Meta Reportedly to Release New AI Model Llama 4 This Month

The media published information according to which Meta Platforms is planning to release the latest version of its large language model in the current month.

Finance & Economics

Donald Trump Urges Fed to Cut Interest Rates

President of the United States Donald Trump on Friday, April 4, called on Federal Reserve Chairman Jerome Powell to cut interest rates.

Finance & Economics

US Unemployment Rate Increases

Job growth in the United States in March turned out to be stronger than preliminary expectations regarding the pace of the dynamic of this process, which could potentially generate at least temporary confidence that the situation in the US labor market is stable.

Finance & Economics

Ana Botin Says Tariffs to Hit US More Than Europe in Short Term

Banco Santander SA Executive Chair Ana Botin said on Friday, April 4, at the bank’s annual general meeting that the reciprocal tariffs announced by United States President Donald Trump on Wednesday, April 2, are likely to hit the US economic system harder than Europe.

Fintech & Ecommerce

ServiceNow to Acquire Logik.ai, Boosting CRM Capabilities

Logik.ai will enhance ServiceNow existing offering with a flexible, AI-powered CPQ platform that streamlines complex sales processes, improves customer experience, and offers smarter, end-to-end transaction management.

Fintech & Ecommerce

Amazon Tests Third-Party Product Discovery Feature

Buy for Me service, which enables customers to buy from other brand retailer websites, is currently in the beta testing stage within the Amazon Shopping app. 

Finance & Economics

China Imposes Reciprocal Tariffs on Imports of US Goods

China on Friday, April 4, announced retaliatory tariffs on goods imported from the United States, after the US imposed further measures to tighten its trade policy.

Finance & Economics

U.S. SMBs Share Gloomy Outlook: Report

The post-pandemic recovery has lost momentum for many small business (SMBs) owners, according to the Federal Reserve’s latest small business credit survey, raising concerns for the broader U.S. economy.

Blockchain & Crypto

Coinbase to Launch XRP Futures

Coinbase is offering a new regulated way to benefit from one of the most liquid digital assets – XRP – with futures allowing traders to speculate on the crypto price without owning the currency.

Fintech & Ecommerce

Revolve to Add Affirm’s Pay-Over-Time Option

Fashion retailer Revolve Group will soon provide its customers in the United States with the opportunity to use the Affirm to pay over time solution.

Fintech & Ecommerce

Plaid Raises $575 Million

The digital finance platform Plaid reported that it raised $575 million in new funding.