Consumers from China and India were the biggest users of digital wallets for both online and physical sales. D3sign | Moment | Getty ImagesDigital wallets are the fastest growing payment method in the world, and Asia is leading the charge, according...
Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals.Bloomberg | Getty ImagesAMSTERDAM — The financial technology industry is embracing a new...
President Joe Biden on Wednesday took a victory lap on the latest inflation report, which found that consumer prices did not rise in May over their April levels, marking the first time since 2022 that U.S. month-over-month inflation has remained...
The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023.Anadolu Agency | Anadolu Agency | Getty ImagesAsia-Pacific markets rose on Thursday after the U.S....
Ali Ghodsi, co-founder and CEO of Databricks, speaks at a press conference at Databricks' Data and AI Summit in San Francisco on June 12, 2024.Jordan Novet | CNBCDatabricks, the data analytics software vendor that's among the most richly valued private...
Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesShares of Chinese electric vehicle makers mostly...
There's been a lot of talk about artificial intelligence's current phase: infrastructure building. That has obvious benefits for chipmakers such as Nvidia and hyperscalers like Amazon , Microsoft and Alphabet . Hyperscalers provide the massive cloud computing power needed for...
Shares of AFC Energy , a provider of hydrogen-fueled power generation technologies, is expected to more than double over the next year, according to RBC Capital. The London-listed company, founded in 2006, makes a range of proprietary hydrogen fuel cell...
Auditorium of the Singapore Exchange (SGX).Roslan Rahman | AFP | Getty ImagesFor years, Singapore's regulators have been trying to boost the attractiveness of its stock exchange.The city-state's economy may be larger than Hong Kong's, but the total value of listed...
The anticipated November matchup between President Joe Biden and former President Donald Trump could come down to voters' views on the economy.Inflation is among the biggest problems in the country, according to a May 13-19 Pew Resarch Center survey of...
