Beyond the common challenges like currency fluctuations and supply shocks that keep the world's central bankers up at night, in Mexico there is an additional foe for those conjuring monetary policy: protection rackets. Extortion has become a massive problem in Mexico, with powerful drug cartels exerting deep influence over swathes of the country. Keen to establish new revenue streams, these groups have been turning to extorting businesses by forcing them to pay protection money.
Brazil’s Annual Inflation Barely Slows as Investors Bet on Interest Rate Hikes
(Bloomberg) -- Brazil’s annual inflation cooled roughly in line with expectations in early August, providing limited relief to a central bank that’s under sustained pressure to raise interest rates.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityOfficial data released Tuesday showed prices increased 4.35% in the first two week
US Home-Price Gains Outpace Inflation With 5.4% Annual Increase
(Bloomberg) -- Home-price gains in the U.S. slowed in June as buyers pulled back from the market while listings started to climb. Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityA national measure of prices rose 5.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That compares with a 5.9% annual increa
Why Is Clinical Diagnostics Focused Trinity Biotech Stock Trading Higher On Tuesday?
Tuesday, Trinity Biotech plc (NASDAQ:TRIB) stock is trading higher with a session volume of 14.32 million versus the average volume of 118.9K as per data from Benzinga Pro. The company received substantial additional orders for TrinScreen HIV. Due to this demand and the scaling of production capacity, the company is now increasing its expected 2024 sales revenue for TrinScreen HIV to approximately $10 million, up from $8 million. President and Chief Executive Officer of Trinity Biotech, John Gil
Temu's parent company's stock tanked on a major warning sign from the cheap e-commerce brand
The company reported about $4.4 billion in profits in the quarter, a 144% increase compared to last year — but the CEO said such profits won't last.
Investors on Edge Before Nvidia Earnings, US Data: Markets Wrap
(Bloomberg) -- With Nvidia Corp. earnings just a day away and a heavy slate of US economic data scheduled for later in the week, there was little movement in markets on Tuesday.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Costs High, Democrats Hone
This Out-of-Favor Retailer Stock Will Be on the Move This Week
Five Below is one of this year's biggest losers, but it has a telltale financial update coming soon.
The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
Five of the six new billionaires became so through bitcoin investments.
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Vitesse Energy Stock
This energy stock is focused on generating strong free cash flow and returning it to investors.
Bitcoin Miners Are in M&A Mode: Architect Partners
Miners want to secure large data center capacity with access to low cost power and capital, the report said.