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The Brazilian stock market experienced a significant downturn on Thursday, December 12, 2024, as investors reacted to the Central Bank’s decision to increase interest rates. The Ibovespa, Brazil’s main stock index, plummeted by 2.74%, closing at 126,042.21 points. This sharp decline ended a streak of gains and wiped out over 3,000 points from the index. […]
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The jumbo cut expected by the Bank of Canada actually happened – but what does it mean for you? Host Kris McCusker speaks with senior economist Jules Boudreau at Mackenzie Investments about his concerns for the Canadian economy – and why he thinks interest rates will need to move lower. You can subscribe to The […]
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse | Reuters The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a […]
Brazil’s Central Bank has increased its benchmark interest rate, the Selic, to 12.25% per year. The Monetary Policy Committee (Copom) unanimously decided to raise the rate by one percentage point. This move aims to curb inflation and stabilize the economy. The decision reflects growing concerns about Brazil’s economic landscape. Inflation expectations have become unanchored, and […]
It’s a massive interest rate cut from the Bank of Canada. In its fifth consecutive reduction since June, the BOC has lowered its key interest rate by half a percentage point to 3.25 per cent. In a statement, BOC Governor Tiff Macklem says the central bank opted for two large rate cuts in a row […]
The Bank of Canada is set to make its final interest rate announcement of the year this morning. Read More Source link
Tesla appears to be trying to launch in India once again after the company has toed the line of establishing a presence there for several years. It seemed to be all over as Tesla had seemed to put any expansion of manufacturing for electric vehicles on pause, at least in terms of a new location. […]
Before authorities found him in Pennsylvania, Luigi Mangione had extensive experience in video game development and was a startup founder. Mangione, who most recently worked as a data scientist at California-based car-buying platform TrueCar, Inc., was arrested on Monday as a suspect in the killing of UnitedHealthcare CEO Brian Thompson. New York City police have […]
(NewsNation) — Authorities have arrested a person of interest in the shooting of UnitedHealthcare CEO Brian Thompson, and little is still known about him or why he may have attacked the executive. Luigi Mangione, 26, was arrested in Pennsylvania on firearms charges and is described by police as a person of interest in the shooting. […]