July 11, 2024

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Latest July 11, 2024

Apple to Open the Tap-and-Go Payments System to Rivals Amid EU Antitrust Scrutiny

Key Points: Following a four-year EU antitrust investigation, Apple agrees to open its tap-and-go mobile payments system to competitors. Apple faces three investigations under the DMA, which mandates fair competition and user choice. Developers can now access Apple's NFC technology. European developers can enable various tap-and-go payment functionalities within iOS apps. Apple was fined €1.84...

US Stock Index Futures Slip Slightly Ahead of Inflation Data

Key Points: U.S. stock index futures fell slightly on Thursday. The S&P 500 Futures dropped 0.11%, the Nasdaq 100 slipped 0.086%, and the Dow Jones Futures fell 0.14%. Fed Chair Jerome Powell's positive comments boosted confidence in a potential soft landing for the economy. Upcoming consumer price index (CPI) data is expected to show easing...