U.S. Adds 206000 Jobs: According to Friday’s report from the U.S. Labor Department, the economy saw an addition of 206,000 jobs in June, slightly exceeding forecasts and maintaining a pattern of robust growth. However, despite this positive news, the unemployment rate ticked up to 4.1%, indicating some lingering slack in a labor market that appears […]
On Sunday night, President Javier Milei shared his vision for Argentina’s future currency policy, suggesting that the peso might depreciate more slowly if inflation cools to a specific level. Despite these remarks, Milei clarified that there would be no immediate policy shift, maintaining the current 2% monthly rate of the so-called crawling peg. Conditional Reduction […]
Four years ago, ex-President Donald Trump’s warnings about Joe Biden’s energy sector policies have been overshadowed by the remarkable performance of the energy sector under Biden’s presidency. Biden’s strategy to steer the U.S. away from traditional fossil fuels has not only reshaped the energy landscape but also propelled the sector to the forefront of U.S. […]
The stock market continues its upward trajectory, with the S&P 500 notching its 31st record high of 2024, bolstered by a 0.7% gain this week. The Nasdaq Composite also rose by 0.2%, while the Dow Jones Industrial Average saw a 1.4% advance despite lagging behind its peak. Economic Strength Fuels Optimism Solid economic indicators including […]