Tag: Finance
Federal Reserve Set to Cut Interest Rates in December: What Happens Next?
Federal Reserve Set to Cut Interest Rates in December: What Happens Next?Jerome Powell, chairman of the US Federal Reserve, is gearing up for...
BlackRock Acquires HPS Investment Partners for $12 Billion in Private Credit Expansion
BlackRock Acquires HPS Investment Partners for $12 Billion in Private Credit ExpansionBlackRock, the world's largest asset manager, has announced its acquisition of HPS Investment...
Art Cashin, Wall Street Veteran and NYSE Icon, Passes Away at 83
Art Cashin, Iconic Wall Street Figure, Passes Away at 83Art Cashin, the legendary director of floor operations at the New York Stock Exchange for...
Intuit Stock Plummets on Missed Quarterly Revenue Forecast
Intuit, a finance software company, saw a decline in its stock by 6% in after-hours trading due to a missed quarterly revenue forecast. The...
Fintech Unicorns Eye Klarna’s Debut for IPO Window Reopening
Financial technology unicorns are closely watching the recent move by Klarna to file for a U.S. IPO, despite not being in a rush to...
Spirit Airlines Files for Bankruptcy Protection Amid Financial Struggles
Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that...
Space Stocks Surge as ‘Trump-Elon Trade’ Boosts Gains
Space stocks have been on a surge recently, with many companies experiencing significant gains. This increase in stock value is being attributed to what...
Fed Chair Powell Urges Patience in Interest Rate Reductions
Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest...
Understanding Deflation Trends in October 2024: A Comprehensive Chart Analysis
In October 2024, deflation trends have been observed in the U.S. economy, particularly in the prices of physical goods. While deflation is not a...
Bitcoin Price Soars to Near $90,000, Breaking Record High
Bitcoin's price surged to nearly $90,000 on Monday night, breaking its previous record high of $80,000. According to Coin Metrics, the cryptocurrency was trading...
Breaking Financial News
AI Transforming Financial Services: The Future of Banking and Investments
FintechZoom.io continues to highlight how Artificial Intelligence (AI) is reshaping financial services, from banking automation to fraud prevention and investment strategies. As financial institutions...
