Category: USA News
Stay updated with the latest finance, banking, and economy news from the USA. Explore expert insights and breaking news on financial trends, market updates, and economic policies shaping the United States.
China is intensifying its efforts to accelerate AI development
Iflytek AI Experience Hall In Hangzhou CFOTO/Future Publishing via Getty Images China is ramping up efforts to drive the development of artificial intelligence (AI) and calling for global collaborators to
DetailChina prohibits the purchase of Micron chips for critical infrastructure investments.
Jason marz/Getty Images China has banned critical information infrastructure (CII) operators from buying products from American chipmaker Micron Technology, citing serious security risks. The directive from Beijing comes on the
DetailWalmart tests instant payments
Walmart’s expansion into personal finance continues with the announcement of its upgraded pay-by-bank offering, set to roll out next year. The service will allow Walmart customers to make instant transfers
DetailHere’s what we know so far about Xiaomi’s MIX Flip foldable phone going global
Xiaomi/ZDNET Chinese phone maker Xiaomi has revealed its MIX Flip smartphone will soon leave China and roll out globally. Company founder and CEO Lei Jun said on X (formerly Twitter)
DetailFinTech Futures: Highlights of the Week’s Top Five News Stories – September 20, 2024
The European Union (EU) announced on Tuesday that it has imposed tariffs on up to $4 billion worth of US goods, in retaliation for illegal American subsidies to Boeing. This
DetailEuropean Researchers Gain Access to TikTok’s API in Transparency Commitment
NurPhoto/Contributor/Getty Images TikTok is giving researchers in Europe access to its public data, expanding the social media platform’s Research API beyond America. The move is part of efforts to “bring
DetailAt Nike, a veteran laces up his cleats again; action ignites
John Donahue, the CEO of Nike whose strategy had been blamed for the poor performance of the stock in recent months, is stepping down. To replace him, Nike turned to
DetailChina blames US intelligence agencies for cyber attack in Wuhan
Grant Faint/Getty Images China has reiterated claims that last month’s cybersecurity attack on a Wuhan facility was the work of American intelligence agencies, pointing to a “very complex” malware used
DetailUniCredit’s Acquisition of Commerzbank Invigorates Cross-Border Bank Mergers
Italy’s UniCredit has acquired a 9% stake in Germany’s Commerzbank and indicated its intention to seek a merger between the two financial institutions. UniCredit purchased its shares from the German
DetailSeizing control of the customer interface in the future of payments
Payments play a crucial role in the financial world, acting as important conduits that allow money to flow smoothly, much like how plumbing is essential for the distribution of water.
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