Amazon will join the Dow Jones Industrial Index, which brings together 30 of the largest companies in the United States. In this change, Amazon will replace the titles of the Walgreens Boots Alliance pharmacy chain, which had joined Wall Street's most popular select in 2018.
The decision to include…
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economy
Argentina reached a surplus of $620 million
Argentina recorded a financial surplus of $620 million last January, the result of a primary surplus and the payment of interest on the public debt, according to official sources. This positive result is the first since August 2012 and the…
Inflation in Venezuela was 1.7 % in January according to BCV
Venezuelan inflation was 1.7 % in January, a decrease of 0.7 points compared to December 2023, reported the Central Bank of Venezuela (BCV).
With this figure, the country accumulates four consecutive months of slowdown in the increase in…
U.S. economy will grow about 7 trillion dollars
A recent report by the U.S. Congressional Budget Office predicted significant economic growth in the United States over the next decade, estimating an increase of $7 trillion, driven primarily by population growth due to immigration to the…
The Fed withdrew measures from a bank linked to FTX
The United States Federal Reserve Board announced that it has completed an enforcement action against Farmington State Bank, a financial institution linked to the defunct cryptocurrency exchange, FTX.
According to the statement issued on…
Inflation in Argentina reached “worrying levels”
The Organization for Economic Cooperation and Development (OECD) issued an alarming report on the Argentine economy. According to their estimates, inflation in the country will soar even further this year, reaching a staggering 250.6%,…
German economy closed 2023 with a contraction of 0.3 %
According to data published this Tuesday by the German Federal Statistical Office, the country's economy contracted 0.3% during the last quarter of 2023.
Among the factors that influence this contraction of Germany's economy, compared to…
Coinbase recruited a former UK minister
Cryptocurrency exchange Coinbase Global Inc. appointed George Osborne, former UK Treasury Secretary, as an advisor as it faces growing regulatory scrutiny in the United States.
Coinbase has announced that Osborne will join the company's…
Paypal laid off about 2,500 employees
PayPal, the global digital payments giant, would have laid off about 2,500 employees today, in order to reduce operating costs and maximize profit margins.
PayPal cuts payroll An employee of the company who attended a meeting confirmed…
Visa offers its crypto-to-fiat exchange service in 145 countries
Visa, the global payments giant, is driving the adoption of cryptocurrencies by offering another method to exchange crypto for fiat currencies without the need to use a centralized exchange.
Visa has partnered with Transak, the Web3…
IMF predicts a contraction in Latin America’s GDP
Argentina’s economic crisis, which will contract by 2.8% in 2024, has led the International Monetary Fund (IMF) to cut Latin America and the Caribbean’s growth forecast for this year by 0.4 percentage points, to 1.9%.
This is indicated by…
Milei eliminates a ministry and gives more power to Caputo in Economics
The Argentine president, Javier Milei, finished his first cabinet reform with the elimination of the Ministry of Infrastructure and the strengthening of the Economy minister, Luis Caputo, who takes control of the area that was in charge of…