Global fintech giant Airwallex said it has acquired MexPago, a rival payments company based out of Mexico, for an undisclosed sum.
Archiv für den Monat: Oktober 2023
Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record
Higher home and stock prices and unprecedented federal stimulus fueled wealth growth from 2019 to 2022, the Federal Reserve Survey of Consumer Finances found.
Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive
Cryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told CNBC exclusively.
Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here’s what he could say
Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address Thursday.
Fed’s Waller says officials can ‚wait, watch and see‘ before acting on interest rates
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases.
American Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
Nokia to cut up to 14,000 jobs after 69% profit plunge
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
World’s largest chipmaker TSMC sees biggest drop in profit in nearly five years
TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
Tesla CEO Elon Musk sounds pessimistic note about economy on earnings call
During the company’s earnings call, CEO Elon Musk said the company’s focused on making its cars more affordable.
Netflix stock surges 13% as profit beats expectations, ad-tier subscriptions rise
Netflix reported earnings after the bell. Here are the results.