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Tag: inflation

A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US retail sales beat expectations; weekly jobless claims fall

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.

Read More US retail sales beat expectations; weekly jobless claims fall
WASHINGTON - JANUARY 22: The Federal Reserve building is seen January 22, 2008 in Washington, DC. The Fed cut its benchmark interest rate by three-quarters of a percentage point after two days of tumult in international markets due to fear of a recession in the United States. (Photo by Chip Somodevilla/Getty Images)

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.

Read More Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year
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
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.

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

Read More Milei Gets Inaugurated, Warns About Unavoidable Economic Shock

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