argentina
Argentinian Pres. Milei Cuts 5K Gov’t Jobs In One Day
Argentina’s new president continues to pursue his “shock” reforms to the country’s economy as unions vow to fight the change.
Capitol Hill
Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year
The Federal Reserve kept interest rate predictions the same on Wednesday for the third time in a row, which could point to signs that inflation could possibly begin to slow down.
Abril Elfi
Argentina Announces 50% Devaluation Of Their Peso As Part Of Shock Economic Measures
Argentina has announced the devaluation of their currency due to an economic shock measure.
Analysts
U.S. Inflation Rose 3.1% In November, Above Federal Reserve’s Target
The Federal Reserve’s long-term objective for U.S. inflation was persistently exceeded in November, with 3.1% growth, supporting central bankers’ arguments to maintain current interest rates this spring.
AI Model
Alphabet soars as Wall Street cheers arrival of AI model Gemini
Alphabet shares ended 5.3% higher on Thursday as Wall Street cheered the launch of Gemini.
Abril Elfi
Biden Approval Rating Nears Lowest Level Since Start Of Presidency
This month is the lowest point in United States President Joe Biden’s approval rating throughout his entire tenure in office.
CEO
Spotify To Cut 17% Of Its Workforce In 3rd Layoff This Year
The music streaming platform Spotify has announced a third round of layoffs in 2023.
ECONOMY
JPMorgan CEO Jamie Dimon: Wall Street Should Prepare For A Recession
JPMorgan CEO Jamie Dimon says Wall Street should be prepared for a recession.