inflation – Page 46 – One America News Network

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.

Traders gather at the post that trades Alaska Airlines stock on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023. REUTERS/Brendan McDermid/File Photo

S&P, Nasdaq muted as markets brace for inflation and Fed

The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data.

President Javier Milei Takes Office in Argentina BUENOS AIRES, ARGENTINA - DECEMBER 10: President of Argentina Javier Milei gives a speech after his Inauguration Ceremony at National Congress on December 10, 2023 in Buenos Aires, Argentina. (Photo by Marcelo Endelli/Getty Images)

Milei Gets Inaugurated, Warns About Unavoidable Economic Shock

Argentine libertarian economist Javier Milei has taken office and warned about economic inflation in his speech.

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.

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

Market bets for 2024 thrown into chaos by US recession conundrum

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.

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.