THE BRAZILIAN real holds an ignominious title this year: it is the worst-performing major currency, down by more than 20% to a record low of almost 6.3 to the dollar. The situation has grown even uglier over the past week, with the sell-off accelerating despite several interventions by the central bank. Source link
Happy Friday from the Starting 5 squad — and the NBA’s new Minutes King. 👑 5 STORIES IN TODAY’S EDITION 🏀Dec. 20, 2024 KAT Comes Home: A monster double-double in Minny that’s never been seen before West Eruptions: The Grizz go off, SGA & Jalen Green shine and Wemby did what?! Must-See Moments: LeBron makes…
CNN — The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion. Still, cost of living concerns are growing as 2025 approaches and uncertainty widens about potential inflationary global events and domestic policies. The…
CNN — President-elect Donald Trump has long supported House Speaker Mike Johnson — hosting him on election night, bringing him to the Army-Navy college football game last weekend and backing him privately despite conservative complaints about the House’s actions. That’s why it stunned many Republicans when Elon Musk — with Trump’s go-ahead — helped tank…
WHY IS HOUSING so expensive? Explanations have tended to fall into two camps. One emphasises a gummed-up supply side: a range of restrictions on land use and NIMBY campaigners have stymied housebuilding across the rich world. The other camp focuses on demand: a long-term fall in real interest rates has bid up the prices of…
Bang! After no hoops on Wednesday, a big night of hoops is on the way tonight. 5 STORIES IN TODAY’S EDITION 🏀 Dec. 19, 2024 KAT’s Homecoming: Karl-Anthony Towns returns to Minnesota tonight Wild West Race: Championship contenders battle for position on Thursday Dynamic Duos: Top tandems take center stage tonight on League Pass NBA…
New York CNN — President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money. And then reality set in this week. But Federal Reserve Chair Jerome Powell in…
Wellington, New Zealand (AP) — Vanuatu’s capital was without water on Wednesday, a day after reservoirs were destroyed by a violent magnitude 7.3 earthquake that wrought havoc on the South Pacific island nation, with the number of people killed and injured expected to rise. The government’s disaster management office said early Wednesday that 14 deaths…
At this time of year, many policymakers want to know how fast their economies will grow in the year ahead. China’s leaders set themselves a still tougher question: how fast their economy “should” grow. They are seeking not a forecast but a target. Source link
67 games. 30 teams. 1 winner. The Milwaukee Bucks are your 2024 Emirates NBA Cup champions. 5 STORIES IN TODAY’S EDITION 🏀 Dec. 18, 2024 Bucks Beat Thunder: Milwaukee caps its historic turnaround by hoisting the Emirates NBA Cup “We Win Together”: With their season sputtering, the Bucks’ chemistry clicked Giannis’ Rise: The NBA Cup…
