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Finance Business Featured World

How the spending of the rich drives the income of...

During recessions, spending on non-essentials contracts significantly more than spending on essentials, driven by affluent households. This has a particularly...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 9, 2025
• 0 Comments

Economy Featured Social Security Technology

The emergence of economic rationality of GPT

As generative pre-trained transformer (GPT) and other large language models become more prevalent, their capabilities beyond language processing will be...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 9, 2025
• 0 Comments

Finance Business Featured World

Wells Fargo says ‘dominant pick’ Citi’s stock could double in...

 Citigroup’s stock could double in value over the next three years as profits surge, expenses moderate, and the “most significant” reorganization...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Technology Business Featured World

US regulator warned banks on crypto but did not order...

A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Finance Banking Featured World

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Technology Featured World

Foxconn beats estimates with record fourth-quarter revenue on AI demand

 Taiwan’s Foxconn the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Finance Business Featured World

South Korea’s LG CNS launches IPO for up to $817...

South Korean IT services provider LG CNS started bookbuilding on Monday to raise up to $817 million in an initial...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Business Featured Finance World

Oil eases from near 3-month highs amid strong dollar ahead...

Oil prices slid on Monday amid a strong U.S. dollar, concerns over sanctions and ahead of key economic data by...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Finance Business Featured World

Italy in talks over $1.5 billion SpaceX security services deal,...

Italy is in advanced talks with Elon Musk’s SpaceX over a 1.5 billion euro ($1.55 billion) deal for the company...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments

Economy Featured Finance World

Shares muddled in Asia, Canadian dollar up on Trudeau reports

Share markets were mixed in Asia on Monday ahead of a week brimming with economic news that should underline the...

• BY GLOBAL BUSINESS AND FINANCE MAGAZINE
• January 6, 2025
• 0 Comments