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Tag: ECONOMY

Video still from In Focus on One America News Network during an interview with the guest, Dr. Dave Brat.

CPI Report Shows Inflation Not Cooling Down

with Dr. Dave Brat

Read More CPI Report Shows Inflation Not Cooling Down
Argentinians Await Change of Government Amid Economic and Social Turmoil BUENOS AIRES, ARGENTINA - NOVEMBER 30: A Javier Milei picture is seen on a campaign sign on November 30, 2023 in Buenos Aires, Argentina. President-elect Javier Milei of La Libertad Avanza will take office on Sunday 10, replacing incumbent peronist Alberto Fernandez. Milei is a self-described "anarcho-capitalist" libertarian who wants to sharply reduce the size of the State and replace the local peso with the American dollar. During the campaign, he promised to uproot Argentina's political establishment and to align the economy with dramatic measures such as closing the Central Bank. After defeating the current Minister of Economy Sergio Massa in the run-off with 55,65% of the votes, the president-elect has shown moderation and pragmatism as he works on the line up of his cabinet. The new administration will face the challenge to reduce the country's 140% annual inflation and its 44,7% of poverty, as recently announced by a study carried out by ODSA-UCA. (Photo by Tomas Cuesta/Getty Images)

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. 

Read More Argentina Announces 50% Devaluation Of Their Peso As Part Of Shock Economic Measures
Gas prices are displayed at a petrol station in Monterey Park, California, on July 19, 2022. - US gasoline prices have fallen from historic highs earlier in the summer, a retreat highlighted by a politically beset White House as a sign of moderating inflation. President Joe Biden took to Twitter to point out that prices at the pump have fallen for more than a month, saving the average driver about $25 a month. Gasoline prices are now at a national average of $4.495 per gallon, down 10 percent from a month ago but up 42 percent from the year-ago level, according to the American Automobile Association. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

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.

Read More U.S. Inflation Rose 3.1% In November, Above Federal Reserve’s Target
LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still suffering large losses as the global banking crisis continued. (Photo by Peter Macdiarmid/Getty Images)

Job Report: U.S. Economy Added 199,000 Jobs In November

November was another strong month for employment creation, with even more positions being created in different fields.

Read More Job Report: U.S. Economy Added 199,000 Jobs In November

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.

Read More Alphabet soars as Wall Street cheers arrival of AI model Gemini
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims increase moderately

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum.

Read More US weekly jobless claims increase moderately

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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