Argentina has announced a sharp devaluation of its currency, the Argentine peso, which will be devalued by 50%.
Articles by Jace Dela Cruz
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According to the latest CNBC Fed Survey, there is a growing expectation that the Federal Reserve will initiate rate cuts in June 2024.
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.
The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine. Amid the economic challenges intensified by its conflict with Russia, the International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine as part of an ongoing long-term loan.
India has taken the spot of Hong Kong as the world's seventh-largest stock market. India has taken the spot of Hong Kong as the world's seventh-largest stock market, marking a significant shift in global financial standings.
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
Toy company Hasbro is set to lay off approximately 1,100 employees as part of its ongoing efforts to navigate the challenging market conditions.
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.
Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
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.
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.
Experts reveal strategies to boost Social Security retirement benefits to help people get bigger monthly checks.
Billionaire tech leader Romesh Wadhwani, 75, has expressed a sense of falling behind in the rapidly evolving landscape of artificial intelligence (AI).
Amid the dominance of large-company stocks, investing experts suggest that now is an opportune time to explore smaller firms' stocks.
Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."
Elon Musk has called for the immediate ouster of Disney CEO Bob Iger. Elon Musk has escalated his feud with Disney CEO Bob Iger, taking to his social media platform, X, to call for his immediate ouster.
JPMorgan Chase claims that 99% of Americans have already exhausted the excess savings they accumulated during the COVID-19 pandemic.
Advanced Micro Devices (AMD) has experienced a notable spike in its shares after unveiling its new artificial intelligence (AI) chips.
Amazon has informed its users that it will stop accepting Venmo as a payment method starting January 10.
Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances.
The European Commission has proposed a three-year delay in implementing tariffs on electric vehicles (EVs) traded between the United Kingdom (UK) and the European Union (EU).
Saudi Arabia has unveiled a 30-year tax exemption package for foreign companies that want to establish their regional headquarters in the kingdom.
Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024. Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024, emphasizing uncertainties surrounding shoppers' purchasing power amid higher credit card balances and shrinking household bank accounts.
McDonald's has unveiled its latest venture, CosMc's, a new spinoff brand that promises a unique and extraterrestrial fast-food experience.
After announcing the renewal of exclusive contracts with all four members of Blackpink, YG Entertainment experienced a significant surge in its stock value.
Former Abercrombie & Fitch Co. CEO Michael Jeffries has taken legal action against the apparel retailer.
Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack.
Apple's market capitalization has again reached the $3 trillion milestone after its shares experienced a 2% climb to $193.42 per share on Tuesday.
Elon Musk's artificial intelligence startup X.AI reportedly seeks to raise up to $1 billion in funding from equity investors.