Brazilian markets had their best day since 2020 as Bolsonaro topped the polls

Brazilian markets had their best day since 2020 as Bolsonaro topped the polls

SAO PAULO, Oct 3 (Reuters) – Brazilian markets rallied on Monday as a stronger-than-expected performance by President Jair Bolsonaro and his congressional allies in the first round of a general election eased fears of sharp changes in economic policy. Brazil’s currency gained more than 4% against the dollar, while the benchmark Bovespa stock index (.BVSP)…

As Fed warns of turbulence, markets are buckling their seat belts

As Fed warns of turbulence, markets are buckling their seat belts

WASHINGTON, Aug 15 (Reuters) – The Federal Reserve’s hawkish report on inflation quickly registered on U.S. housing markets this summer as mortgage interest rates shot up and home sales slowed. But that was the only significant and expected adjustment across the economy, which met the US central bank’s most aggressive monetary policy shift in a…

This hyperlocal startup is turning neighborhood women into librarians, entrepreneurs

This hyperlocal startup is turning neighborhood women into librarians, entrepreneurs

When there is hyperlocal grocery, e-commerce, logistics and mobility – why not a hyperlocal library? In fact, it would be hitting the bull’s eye if it has the dual benefit of creating women micro-entrepreneurs, right? Our story begins in 2019 in the USA when Sheetal Shah found herself spending a lot of time at local…

Weekly U.S. jobless claims rise, but labor market remains tight

Weekly U.S. jobless claims rise, but labor market remains tight

Weekly jobless claims rise 6,000 to 260,000 Continuing claims will rise by 48,000 to 1.416 million The trade deficit narrowed by 6.2% to $79.6 billion in June WASHINGTON, Aug 4 (Reuters) – The number of Americans filing new claims for unemployment benefits rose last week, suggesting some softening in the labor market, although overall conditions…