OpenAI Launches GPT-4o Mini
OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.
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Klarna Reportedly Considers Possible 2025 US IPO
Media reports indicate that Klarna is currently weighing financial advisers for its initial public offering (IPO) in the United States.
Bank of America Reports Second-Quarter Profit
Bank of America on Tuesday, July 16, released information on its financial results of the activity for the second quarter of the current year.
Morgan Stanley Q2 Earnings Exceed Expectations
Morgan Stanley on Tuesday, July 16, released information on revenue and profit for the second quarter of the current year.
Jerome Powell Says About Confidence in Dynamic of US Inflation
Federal Reserve Chairman Jerome Powell said last Monday, July 15, that three inflation readings in the United States for the second quarter of the current year to a certain extent contribute to strengthening confidence that the growth rate of the cost of goods and services is on a trajectory of a gradual return to the […]
Goldman Sachs Profit Tops Expectations
Goldman Sachs on Monday, July 15, published information on its losses and profits for the second quarter of the current year.
Bank of America Adds Transaction Search Engine to CashPro Platform
Bank of America has implemented a transaction search engine in its CashPro banking platform.
US Producer Prices Demonstrate Growth
In the United States in June, producer prices demonstrated the dynamic of growth, which turned out to be higher than preliminary forecasts regarding the rate of movement of the corresponding indicator along an upward trajectory.
Citi Profit Grows
On Friday, July 12, Citigroup released data on its earnings for the second quarter of the current year, which testified that the profit of this financial institution has a growth rate exceeding Wall Street’s preliminary expectations for the dynamic of the corresponding indicator.
Wells Fargo Reports Second-Quarter Profit
Wells Fargo has released information on its results of operations for the second quarter of the current year.
JPMorgan Chase Reports Second-Quarter Revenue
JPMorgan Chase on Friday, July 12, released information about its earnings for the second quarter of the current year.
Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap
Markaaz Chief Executive Officer Hany Fam, during a conversation with media representatives, stated that in an era when Know Your Customer and Know Your Business initiatives are crucial, financial institutions and other companies do not know how to accurately identify risks and impostors, which entails the risk of fines and increases vulnerability in terms of […]
Goldman Sachs Asset Managers Expects Slowdown in US Economy Growth
Goldman Sachs Asset Management (GSAM) executives expect the United States economic system to show slower growth rates in the second half of the current year.
Jerome Powell Says About Threat of Long Period of High Interest Rates for Economic Growth
The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.
US Economy Faces Threat of Unemployment
Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.
Amazon Announces New Echo Spot Alarm Clock
Amazon on Monday, July 8, announced a new alarm clock, the Echo Spot.
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