Trendy Fashion Retailer Express Files for Bankruptcy
Trendy fashion retailer Express Inc. has filed for bankruptcy.
US - page 34
TikTok Says About Potential Consequences of Banning Platform in US
TikTok stated that the ban on this virtual platform in the United States would be a factor in hurting freedom of speech and harming local businesses.
Gina Raimondo Downplays Huawei’s Latest Microchip Breakthrough
Last weekend, US Commerce Secretary Gina Raimondo, while talking to reporters, downplayed the importance of the latest achievements of the Chinese company Huawei Technologies in the microchip area, stating in an appropriate context that Washington is significantly ahead of Beijing in the mentioned segment of the technology sector.
Economists Boost US GDP Outlook
Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.
Micron Intends to Get $6.1 Billion in Grants From US
The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.
JPMorgan CEO Says About Money in AI World
Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon, during a conversation with media representatives, outlined his vision regarding the question of what configuration of the future will become a reality for money in a world where artificial intelligence is the main technology.
Fed Chair Signals Rate-Cut Delay
The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.
AMD Introduces AI Chips
Advanced Micro Devices (AMD) has presented a series of new semiconductors for business laptops and AI-enabled desktops.
Morgan Stanley Earnings Exceed Expectations
Morgan Stanley on Tuesday, April 16, published data on its earnings for the first quarter of the current year.
Rippling Reportedly Seeks to Raise New Funding
The media, citing insiders, report that currently the startup Rippling, which specializes in business software development, is negotiating to raise new funding at a valuation of between $13 billion and $14 billion.
Bank of America Reports First-Quarter Earnings
Bank of America on Tuesday, April 16, released earnings data for the first quarter of the current year.
IMF Raises Growth Forecast for US Economy
The International Monetary Fund (IMF) suggests that the impressive performance of the United States’ economic system will be a major factor in global growth in 2024, but may complicate solving the problem of inflation in the US.
US to Award Samsung up to $6.4 Billion in Grants for Chip Plants
The administration of the President of the United States Joe Biden will provide Samsung Electronics Co. with grants worth up to $6.4 billion to increase chip production in Texas.
Young Americans Prefer Crypto to Stocks: Report
A new survey suggests that Generation Z and millennials in the U.S. are more likely to invest in alternative assets like crypto and NFTs than traditional stocks.
Wells Fargo Profit Shrinks
Wells Fargo’s net income for the first quarter of 2024 demonstrated the negative dynamic of decline.
JPMorgan Profit Exceeds Estimates
JPMorgan Chase on Friday, April 12, released information on profit and revenue in the first quarter of the current year.
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