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Biden signed a decree on the EU-US data privacy agreement
7 October 2022
Personal data US President Joe Biden on Friday signed an executive order aimed at strengthening the privacy   and security of personal data of   EU residents in the context of Washington's intel
The number of jobless claims in the US rose
6 October 2022
Unemployment benefits The number of Americans filing initial claims for unemployment benefits during the week stood at 219,000. Such data was released by the US Department of Labor on Thursday. The numbe
Morgan Stanley says emerging market stocks could soon hit bottom
5 October 2022
Morgan Stanley suggests Emerging market stock indices could soon reach the low point in the current bearish cycle, analysts at Morgan Stanley (NYSE:MS) believe. As a consequence, economists of the bank, including strategist Jonathan Garner, changed
Alex Mashinsky withdrew $10 million of cryptocurrency before customer withdrawals were frozen
4 October 2022
Before the account was frozen Cryptocurrency (СС) lender Celsius filed for bankruptcy in July amid a collapse in the cryptocurrency market. Its founder and Chief Executive Officer Alex Mashinsky also stepped down t
Tesla shares fall after quarterly sales report
3 October 2022
Tesla shares after the report Shares of electric car maker Tesla (NASDAQ: TSLA) fell 6.5% to $248 in Nasdaq premarket trading on Monday, October 3. At the time of writing, the decline has slowed to 4.62%. Quotes started the decline on the back of t
Tim Cook explains why Apple avoids the word 'metaverse'
2 October 2022
Company against the word 'metaverse' Apple CEO Timothy Donald Cook says the word 'meta-universe' is still misunderstood by the vast majority of the world. He said this in an interview with the Dutch news agency Bright. "I always think it's importan
Wall Street on Friday: Nike shares down 11%
30 September 2022
Shares of US companies Shares in Nike (NYSE: NKE) fell more than 11% after the world's largest sportswear maker warned its gross margins would remain under pressure for the year. Meta Platforms (NASDAQ: META) shares rose 0.3% after Facebook's owner
GDP fell by 0.6% year-on-year in the second quarter
29 September 2022
GDP in the second quarter US GDP fell 0.6 per cent year-on-year from April to June as a result of a sharp rise in consumer prices and a rise in the benchmark interest rate. The US Department of Commerce said in a statement releas
Biden's goal to end hunger in the US will receive more than $8 billion
28 September 2022
The fight against hunger in the United States US companies and non-profit organisations have pledged more than $8 billion to meet US President Joe Biden's administration's goal of ending hunger and the spread of diet-related diseases by 2030. This w
Goldman Sachs and BlackRock shares fall as recession risk rises
27 September 2022
Global equities Analysts at U.S. bank Goldman Sachs Group Inc. (NYSE: GS) downgraded its recommendation for global equities for the next three months to "below market" and maintained an "above market" recommendation for cash amid recessionary risks,
Investors buy a record number of contracts to insure risks
26 September 2022
Risk insurance contracts Investors in the US are buying a record number of risk insurance contracts amid a sell-off that has already sent US stocks down several trillion dollars, writes the Financial Times. Purchases of put options and ETFs are ris
Helmerich & Payne is to pay a dividend of $0.25
25 September 2022
Shares of Helmerich and Payne Investors in Helmerich and Payne, Inc. (NYSE:HP) should receive a payout of $0.25 per share on Dec. 1. This means that the annual payment will be 2.8% of the current share price, which is in line with the industry avera
JPMorgan will not stop oil and gas financing
24 September 2022
Funding from JPMorgan Chase and Co JPMorgan Chase and Co (NYSE: JPM) CEO James Dimon has told US lawmakers emphatically that his bank has no intention of cutting off oil and gas financing. This was revealed by The Wall Street Journal. US House
Electricity bills in the US will be 42% higher than two years ago
23 September 2022
Paying for electricity The average electricity bill of US residents could increase by 42% this coming winter compared to the 2019-2020 season, NBC reported on Thursday, citing estimates from experts at the National Asso
Integer Holdings shares up 7.2% this week
10 September 2022
Integer shares It was not a good quarter for Integer Holdings Corporation (NYSE: ITGR) shareholders, as the share price fell by 13% during that time. But on the plus side, the stock has risen over five years. Unfortunately, its 39% return is be
US stock indices close lower in last August trading
1 September 2022
Trading declined The Dow Jones Industrial Average fell 0.88% to 31510.43 points. The Standard and Poor's 500 fell 0.78% to 3955 points. The Nasdaq Composite Index fell 0.56% to 11816.2 points. In all, the Dow Jones lost 3.9% in August, the S&P
South Korea to pay $216m to Lone Star Funds as compensation
31 August 2022
Compensation from South Korea The International Centre for Settlement of Investment Disputes (ICSID) has ordered the Republic of Korea to pay $216 million to US-based Lone Star Funds. Investment firm Lone Star&nbs
Google to label abortion clinics to increase transparency
26 August 2022
Google improves abortion transparency According to a letter published by Senator Mark Warner, which the company sent to him and House Member Elissa Blair Slotkin on Thursday, Google has updated its features to better help those who use its tools to
US GDP shrank 0.6% year-on-year in the Q2
25 August 2022
US economy United States GDP fell by 0.6% year-on-year in the second quarter of 2022, an upward revision of 0.3 percentage points compared with the July estimate. This follows data released by the US
Medtronic reports financial results for the Q1 of  FY2023
23 August 2022
Medtronic's financial results Medtronic (MDT) on Tuesday reported first-quarter results that beat analysts' estimates. The earnings figure exceeded forecasts. It is worth noting that Medtronic (MDT) shares closed the f
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