Explained - page 22

Finance & Economics

UK Economy Returns to Growth

In the United Kingdom, the local economic system has returned to a growth trajectory, which put UK Prime Minister Keir Starmer on track for a modest recovery before worries about his first budget became a factor of pressure on sentiment.

News

US Consumer Sentiment Declines

In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.

News

SoFi Adds New Credit Cards to Its Product Line

SoFi Technologies has added two new credit cards to its digital financial services line.

Finance & Economics

US Inflation Rate Tops Expectations

In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.

News

Mercury Secures $100 Million Credit Warehouse

Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.

Finance & Economics

Hurricane Milton Reportedly to Cause Significant Economic Damage

Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]

Finance & Economics

European Investment Bank Seeks to Provide Greater Support to Startups

The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.

News

US Big Banks Lending Income Reportedly to Hit Two-Year Low

The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.

News

Samsung Reportedly to Fix Growth of Profit

Samsung Electronics is expected to release data on Tuesday, October 8, according to which its profit more than quadrupled last quarter amid increased demand for chips.

Science & Technology

Foxconn’s Revenue Beats Estimates

Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.

News

TrueLayer Raises $50 Million

TrueLayer raised $50 million as part of its $130 million Series E funding round.

Science & Technology

Ubisoft Shares Demonstrate Growth

The value of shares of Ubisoft, the maker of video games, on Friday, October 4, showed an increase of more than 30%.

News

Global Supply Chain Pressure Demonstrates Weakening

An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.

News

Experian Buys Cyber Security Firm ClearSale

Credit data company Experian has agreed to buy firm ClearSale, which specializes in carrying out activities in the cybersecurity area.

News

US Hiring Tops Estimates

Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.

Finance & Economics

Experts Say US Jobs Report to Show Stable Growth in September

Economists surveyed by the media expect that the number of hiring in the United States will show an increase as a result of September.