BUENOS AIRES (Reuters) - Argentina's poverty rate rocketed to 52.9% in the first half of 2024, the government's INDEC statistics agency said on Thursday, surging from 40.1% a year earlier.
For the second half of last year, INDEC had reported a rate of 41.7%.
(Reporting by Hernan Nessi and Sarah Morland; Editing by Kylie Madry)
"Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia."
In a new book, Trump writes that his tax law targeted the “most damaging parts of our tax code” — including the rate paid by the “highest” earners
TORONTO — Five things to watch for in the Canadian business world in the coming week:
Trading in Asia kicks off on Monday with the global macro and market landscape suddenly appearing very different from how it looked on Friday, thanks to a set of U.S. employment figures that not even the most bullish of forecasters expected. The September non-farm payrolls report on Friday was unequivocally strong on all fronts, and throws into doubt the projected path for U.S. interest rates that investors - and perhaps the Fed too - had begun to settle on. The immediate shift in U.S. rate futures markets is clear - a 50 basis point rate cut next month is now completely off the table, and implied pricing is now aligned with Fed Chair Jerome Powell's baseline case of a quarter-point cut at each of the next two meetings.
We recently compiled a list of the 7 Best Cheap Stocks To Buy Today Under $10. In this article, we are going to take a look at where Kinross Gold (NYSE:KGC) stands against the other cheap stocks to buy under $10. On September 30, Federal Reserve Chair Jerome Powell addressed the National Association for Business Economics […]
(Bloomberg) -- The “no landing” scenario – a situation where the US economy keeps growing, inflation reignites and the Federal Reserve has little room to cut interest rates – had largely disappeared as a bond-market talking point in recent months. Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Muse
Donald Trump has pledged to end taxes on everything from tips to Social Security and overtime pay if he's elected to the White House again. A debate about the tax code will be a dominant legislative issue next year given that tax cuts Trump signed in 2017 will be set to expire. If he’s elected again, Trump could push Congress to enact some or all of his proposals, though that might be difficult if Democrats end up in control of either the House or the Senate.
The problems over the past decade are structural in nature and will require fundamental reforms of the economy to put it on sounder footing.
SINGAPORE (Reuters) -Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data and an escalation in the Middle East conflict. The dollar's gains followed a U.S. jobs report that showed the biggest jump in jobs in six months in September, a drop in the unemployment rate and solid wage rises, all pointing to a resilient economy and forcing markets to reduce pricing for Federal Reserve rate cuts. "With rate cuts still being the default position, and when married to upbeat earnings expectations and China going hard on liquidity and fiscal, the equity bull case and the U.S. dollar get a shot in the arm," said Chris Weston, head of research at Australian online broker Pepperstone.
No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris' and Donald Trump's economic plans. The analysis released Monday by the nonpartisan Committee for a Responsible Federal Budget suggests a Harris presidency could increase the national debt over 10 years by $3.5 trillion. The same analysis says former President Trump's ideas could heap another $7.5 trillion onto the debt and possibly as much as $15.2 trillion.
In this Sunday edition of Insider Today, we're talking about how consulting lost its cool and the September jobs report.
One labor market indicator that’s been drawing more attention lately is the hiring rate.
The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool.
CNN’s Dana Bash and Lara Trump sparred over misinformation Donald Trump has spread about funding for disaster relief in North Carolina, with the anchor refusing to let the former president’s daughter-in-law get away with ducking her questions.Bash laid into the Republican National Committee co-chair as she tried to change the direction from her father-in-law's dubious claims that FEMA is only offering a few hundred dollars to Americans who have had their homes destroyed in Hurricane Helene. “I w
The former president is letting down every Texan and every American by not showing the courage to do the right and principled thing. | Opinion
CNN’s Michael Smerconish asked presidential historian Allan Lichtman about the October surprise and if it ever impacts his prediction for who will win the race for the White House.
Maye Musk was called out by attorneys who warned that her post ‘constitutes the solicitation of a crime’
Andrew Garfield‘s onscreen chemistry with Florence Pugh might have been a little too palpable. As the Golden Globe winner discussed their new movie We Live in Time on Friday at 92NY, he recalled shooting a “very intimate, passionate sex scene” with Pugh on a closed set, which made cinematographer Stuart Bentley turn away. “The scene …
The 2003 quadruple murder went unsolved for years before a tip led investigators to the killers
During the middle of yet another rambling rant about how the 2020 election had been stolen from him, Donald Trump claimed on Sunday that one path to a victory over Kamala Harris is to establish a voting mandate in battleground states.“The only way to avoid this miserable thing for America is if Wisconsin and the entire Midwest turn and, I mean, turn out in record numbers,” the former president told rally goers in Juneau, Wisconsin.“We need a mandate in the vote,” he said. At one point during the
