US - page 11

News

US Weekly Jobless Claims Fall

The number of Americans filing new applications for unemployment benefits dropped to an 11-month low last week.

Finance & Economics

Fed’s Christopher Waller Supports Further Cuts

Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.

News

Intel Says New Laptop Chips to Extend Computer Battery Life

Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]

News

Qualcomm’s New Chips to Bring AI to $600 Personal Computers

Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.

News

AWS to Invest $11 Billion in Georgia

Amazon Web Services (AWS), backed by local leaders, has announced plans to invest an estimated $11 million to expand its infrastructure in Georgia.

Science & Technology

Donald Trump Announces $20 Billion Plan to Build New Data Centers

President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.

News

Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys

The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.

News

US Trade Deficit Increases

In November, an increase in the trade deficit was recorded in the United States.

News

AI Startups Drive VC Funding Resurgence

According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.

Finance & Economics

JPMorgan Chase Quits Net-Zero Banking Alliance

On Tuesday, January 7, JPMorgan Chase announced that it was leaving the Net-Zero Banking Alliance.

News

Dell Unveils Apple-Like Rebrand

Dell Technologies Inc. is rebranding its personal computers in a manner reminiscent of Apple Inc. naming conventions in an effort to boost consumer demand.

News

Nvidia Releases Gaming Chips

Last Monday, January 6, Nvidia revealed new chips for desktop and laptop personal computers using the same Blackwell architecture underpinning the company’s fastest artificial intelligence processors for servers and data centers.

Finance & Economics

Wall Street Reportedly Prepares to Private Equity-Fueled IPO Revival

The media reported that Wall Street banks are currently preparing for a rebound related to private equity companies turning to the equities markets to offload some of their high-profile holdings.

Fintech & Ecommerce

Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales

Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.

News

US Regulator Sues Berkshire Unit

The United States Consumer Financial Protection Bureau (CFPB) sued a lender owned by Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers to take out unaffordable mortgages to purchase homes from Clayton Homes, Berkshire’s manufactured housing business.

News

CrowdStrike Recovers Lost Money

CrowdStrike chief executive officer George Kurtz said this company turned last year’s crisis into an opportunity.