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Argentina Devalues Its Currency by 50% as Part of Shock Economic Measures

Argentina Devalues Its Currency by 50% as Part of Shock Economic Measures

Argentina has announced a sharp devaluation of its currency, the Argentine peso, which will be devalued by 50%.


Federal Reserve Will Begin Interest Rate Cuts in June 2024, Survey Finds

According to the latest CNBC Fed Survey, there is a growing expectation that the Federal Reserve will initiate rate cuts in June 2024.

Italy's Bet on Mozambique's Natural Gas: Can Meloni Repeat Last Century's Success?

It seems that Europe has secured its natural gas stocks for this winter, says the International Energy Agency. However, undersupply risks remain in the long term, and that's why the European Union countries, Italy in particular, keep looking for new partners. This opens new possibilities for aspiring natural gas importers, African Mozambique included.

Fortnite Maker Epic Games Wins Antitrust Lawsuit Against Google

Epic Games has accused Google of unlawfully making its Play Store dominant over rivals, and a US jury recently agreed with the creator of the Fortnite game.


Latest News

Arro Social
Giants like Facebook and YouTube have long dominated the social media landscape, while its content creators face increasing challenges, including limited monetization opportunities, censored content, and arbitrary rule enforcement. Philip Simpkins, Founder and CEO of Arro Social, has created a blockchain-based social media that will empower content creators with ownership of their content on a value-based platform.
US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
Hasbro To Lay Off 1,100 Employees as It Struggles With Weak Toy Sales Amid Holiday Season
Toy company Hasbro is set to lay off approximately 1,100 employees as part of its ongoing efforts to navigate the challenging market conditions.
Warren Buffett-Led Conglomerate Berkshire Hathaway Cuts Stake in HP to 5.2%
The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%. The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.
Macy's Receives $5.8 Billion Buyout Offer: Report
Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.
Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
Wall Street Experts See Solid Potential in These 3 Stocks
Wall Street analysts have named three promising stocks to invest in. Retail investors are struggling to navigate the fluctuating stock market as economic data comes in and the Federal Reserve's rate decision approaches.
Dr. Stuart Lutton
When it comes to bringing back your smile and replacing missing teeth, dental implants are the top choice. They are not just effective but also stand the test of time. However, the materials used in dental implants make all the difference. Historically, several alloys, gold, and even polymers have been used. However, some of them lack durability, while others can cause allergies.
US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November
The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.
Maximizing Social Security Retirement Benefits: Experts Reveal Strategies to Get Bigger Monthly Checks
Experts reveal strategies to boost Social Security retirement benefits to help people get bigger monthly checks.