News
Brazil Analysts Lift Interest Rate Forecast as Economy Outperforms
(Bloomberg) -- Brazil analysts lifted their estimates for the benchmark interest rate at the end of next year after the central bank said it won’t hesitate to tighten monetary policy due to a stronger-than-expected economy. Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe Cross-Continental Race Using Only Public TransitCli
McDonald's foot-traffic rebound will be the story to watch for the next decade, analyst says
Recession mentions are near a 3-year low for corporate America
While there have been signs of slowing in US economic growth data, corporate America is talking less about the threat of a looming recession.
US workers more glum on compensation and work prospects, New York Fed says
U.S. workers are growing more sour with their employment compensation, according to a survey released on Monday by the New York Federal Reserve. In its Survey of Consumer Expectations Labor Market Survey for July, the regional Fed bank said that as of last month, "satisfaction with wage compensation as well as with non-wage benefits and promotion opportunities at respondents' current jobs all deteriorated." As of July, 56.7% of respondents said they were satisfied with their pay compared to 59.9% who held the similar view in July 2023.
Chile Economy Contracts for First Time in a Year as Recovery Stalls
(Bloomberg) -- Chile’s economy contracted on a quarterly basis for the first time in a year, marking a significant downturn that bolsters the case for a resumption of interest rate cuts.Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe Cross-Continental Race Using Only Public TransitClimate Disasters Are an Affordable Housi