China retail sales, industrial data grow faster than expected in October
BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. Retail ...
Tag: business news
IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, ...
Alphabet pays Apple 36% of Safari search revenue, Sundar Pichai confirms
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in ...
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed ...
Airbnb acquires AI startup for just under $200 million
Airbnb has made its first acquisition as a public company, in a deal valued at just under $200 million, sources ...
Fisker shares sink 20% after EV maker discloses ‘material weaknesses’ in financial reporting
Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas.Shares of electric vehicle startup ...
Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
James Bullard at Jackson Hole, Wyoming.David A. Grogan | CNBCFormer St. Louis Fed President Jim Bullard says the Federal Reserve ...
British fintech Wise reports 280% jump in profit as higher interest rates boost income
The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish fintech firm Wise ...
Nvidia unveils H200, its newest high-end chip for training AI models
Jensen Huang, president of Nvidia, holding the Grace hopper superchip CPU used for generative AI at the Supermicro keynote presentation ...
Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Mary Daly, president of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic ...
