30 May, 2017 by The TZ Newswire Staff Comments Off on Consumer Credit Scores Hit Record High
Consumer Credit Scores Hit Record High
Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who have the riskiest credit profile hit a record low.
30 May, 2017 by The TZ Newswire Staff Comments Off on Google Launches AI Fund
Google Launches AI Fund
Google has reportedly rolled out a new venture capital fund focused on artificial intelligence.
30 May, 2017 by The TZ Newswire Staff Comments Off on Bitcoin Payment Makes Way To Japanese Retailers
Bitcoin Payment Makes Way To Japanese Retailers
BITPoint Japan Co. is reportedly gearing up to enable hundreds of thousands of Japanese retail outlets to accept the digital currency bitcoin, reported Bloomberg News.
30 May, 2017 by The TZ Newswire Staff Comments Off on China Closing US AI Gap
China Closing US AI Gap
The western world may have lead the way in computer software and semiconductors, but when it comes to artificial intelligence, China is shining.
30 May, 2017 by The TZ Newswire Staff Comments Off on Big Banks Back Away From Auto Loans
Big Banks Back Away From Auto Loans
Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they can handle.
According to The Financial Times, new data released last week by the Federal Deposit Insurance Corporation showed the first sequential drop in car loans outstanding at commercial banks in at least six years.
30 May, 2017 by The TZ Newswire Staff Comments Off on Tencent Courts Luxury Brands Via WeChat
Tencent Courts Luxury Brands Via WeChat
China’s Tencent is using WeChat, its social media network, to lure high end fashion brands, which could be a new effort in the world of online retail.
30 May, 2017 by The TZ Newswire Staff Comments Off on Fitch says biggest threats to the USD’s global supremacy are at home
Fitch says biggest threats to the USD’s global supremacy are at home
US ratings agency Fitch out with a note 30 May
– the US dollar will almost certainly remain the world’s most important reserve currency for the foreseeable future but the lack of a ready substitute does not mean the dollar’s current position is entirely assured