Business and Economy

Business and Economy Latest News

US lawmakers seek to clean up crypto regulation 'food fight'
US lawmakers seek to clean up crypto regulation 'food fight'
by  AFP

The US House of Representatives on Wednesday adopted a bill that would create a new legal framework for digital currencies, in a move cheered by crypto supporters but opposed by consumer groups who say it fails to protect investors.

Nvidia profits soar on demand for AI power
Nvidia profits soar on demand for AI power
by  AFP

Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers. The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.

Argentine economic activity plunges amid austerity drive
Argentine economic activity plunges amid austerity drive
by  AFP

Argentina's economic activity continued to plummet in March, with the construction and manufacturing industries leading the slowdown as President Javier Milei's government slashes spending, official figures showed Wednesday.

Energy

Money

Industry

Technology

Economy