Jonathan Heath, deputy governor of the Bank of Mexico, questioned the institution’s official outlook and warned that current estimates may be overly optimistic. Heath argued it is unlikely that inflation …
Business
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Business
Landmark trial accusing social media companies of addicting children to their platforms begins
by adminLOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening …
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Business
Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear
by adminGold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data. Over the past …
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Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also surged more than 6% to trade around …
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The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its …
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The sudden resignation of the head of Argentina’s statistics office this week revealed problems at the core of President Javier Milei’s economic plan, turning the country’s inflation numbers into a …
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Precious metals are experiencing renewed selling pressure, with silver prices falling sharply on Thursday. This decline has largely erased the brief rebound the sector saw earlier this week. On COMEX, …
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British oil major Shell reported its weakest quarterly profit in nearly five years on Thursday, a slump attributed to a softer crude price environment and unfavorable tax adjustments in the …
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Wars like the Russia-Ukraine one don’t end when diplomats sit down. They end when pressure becomes harder to absorb than compromise. 4 years later, Russia and Ukraine are still fighting, …
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The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers. The agency that polices discrimination in the workplace filed an action …