U.S. investment fund Tiger Global has lost $ 17 billion since the beginning of the year. An unprecedented turnaround for one of the champions of investments in the tech sector that speaks volumes about the state of the market and, more generally, the economy. One of the biggest stars of finance – a speculative fund … Read more
At last, consumers are starting to see some relief: The rate of inflation for consumer prices declined in April, according to highly-anticipated Labor Department data published Wednesday. The overall year-over-year price of consumer goods and services is now 8.3%, a 0.2% drop from March’s 40-year high, as measured by the consumer price index (CPI). That’s … Read more
For the first time, the Indian rupee breached the psychological barrier of 77 against the dollar on Monday to close at a record low of 77.46, raising fears that India’s inflation situation could worsen. Retail inflation in March neared the 7% mark, largely reflecting the impact of geopolitical spill overs and a Reuters poll suggested … Read more
Les budgets devraient tenir compte de la forte inflation, qui a fait grimper le coût de nombreux articles, y compris les aliments de base pour les dîners. (Photo: La Presse Canadienne) Comme de nombreux Canadiens, Kevin Koudys a réussi à économiser pas mal d’argent en travaillant à domicile pendant la pandémie. Ne pas avoir eu … Read more
