Inflation continues to cool off in December, as wholesale price growth slows down significantly, according to a report by the Bureau of Labor Statistics. This indicates that the Federal Reserve’s aggressive interest rate hikes may finally be bringing price pressures under control.…
The United States economy is showing signs of a potential downturn, as several prominent CEOs have been talking about the increased likelihood of a recession during recent quarterly earnings conference calls. However, economists are forecasting solid growth for the fourth quarter of…
Apple Inc. (AAPL -0.58%) stock reached an all-time high of $180.73 on January 3, 2022, after a nearly two-year period where the tech industry flourished. However, economic headwinds and a sell-off in 2022 have led Apple shares to fall 25% since its…
Mercado Libre, a leading e-commerce player in Latin America, may have an opportunity to gain market share due to an accounting scandal at its rival, Americana. Americana’s Accounting Scandal A surprise announcement last week sent Mercado Libre’s shares soaring 16% on Thursday…
The Mexican peso has exceeded 19 units per dollar for the first time in three years, currently trading at 18.97 pesos per US dollar, its strongest level since February 2020. The Mexican peso broke through the 19 pesos per dollar barrier on…
Tech giant Microsoft has made it official: it’s purchasing data center infrastructure start-up Fungible for an undisclosed amount, with rumors putting the price tag around $190 million. While most investors are focused on Microsoft’s pending takeover of video game developer Activision Blizzard…
Congratulations, Graduates! You’ve just completed one of the biggest milestones of your life, and now it’s time to start thinking about your next step. As you embark on your journey into the workforce, it’s important to remember that one of the most…