Neobank Bunq Plans to Get US Banking License
The European neobank Bunq is currently on its way to obtaining a banking license in the United States.
US
US Announces Probe Into Electronics Imports
The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.
US Bank Introduces Business-Focused Checking and Spend Management Tools
U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.
Binance Reportedly Seeks to Curb US Oversight
The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.
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.
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.
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%.
Bank of America to Spend $4 Billion on AI and New Tech Initiatives
Bank of America intends to spend $4 billion on new initiatives, including artificial intelligence, in the current year.
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.
Apple’s 3-Day Loss in Market Cap Approaches to Almost $640 Billion
The stock market on Monday, April 7, showed performance that was generally better than what was observed on the previous two trading days, but Apple got hammered again, losing 3.7%.
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.
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.
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.
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