European stock markets closed without a single direction this Wednesday (9) in a session marked by balance sheets and the results of the US midterm elections, which showed a government more divided than expected. In London, the FTSE 100 is down 0.14% to 7,296.25 points, while the CAC 50 in Paris is down 0.17% to […]
Elon Musk goes back and says he “killed” new official seal for Twitter accounts
A new checkmark meant to better identify prominent Twitter accounts has become the latest source of chaos at the company under new owner Elon Musk. Within hours of the feature’s debut, Musk said abruptly on Wednesday that he had “killed” a new gray verification seal designed to label government accounts, big brands and media outlets, […]
Fighting inflation could lead to economic contraction, says Fed’s Barkin
The Federal Reserve’s struggle to reduce inflation “may lead to a contraction” as central bank interest rate hikes are “challenged” by still high consumer savings, a still tight labor market and ongoing debt problems. offer, Richmond Fed President Thomas Barkin said Wednesday. The worst of rising inflation may indeed be over, he said. “My personal […]
Americans are eating more chocolate amid recession worries
Between recession warnings, high inflation and fears of layoffs, the news is grim. Why not have some chocolate? Chocolate makers are reporting soaring sales as customers look for something sweet to relieve stress. In the third quarter, sales of Hershey’s chocolates, which include Reese’s, Kit Kat and Hershey bars, jumped 12.6% at retail. Mondelez, the […]
IBM launches its most powerful quantum computer with 433 qubits
IBM launched on Wednesday (9) its most powerful quantum computer, called “Osprey”, and with processing power of 433 qubits, three times more than the “Eagle” machine announced last year. The number of qubits, or quantum bits, is an indication of the processing power of the computer that uses quantum mechanics, although different manufacturers make different […]
Consumption in Homes grows 11.19% in September, says association
Consumption in Brazilian Homes accumulates a high of 2.84% from January to September this year. In September, household consumption was influenced by the fall in food prices and the indicator closed the month up 0.39% compared to August. In comparison with the same period in 2021, the increase is 11.19%. The data are from the […]
IBGE predicts record crop of 288.1 million tons in 2023
Brazil should have a record harvest of grains, cereals, legumes and oilseeds in 2023. The Brazilian Institute of Geography and Statistics (IBGE) estimates a production of 288.1 million tons, that is, 9.6% (25.4 million tons) more than the harvest forecast for this year (262.8 million). The record volume is expected to be driven by higher […]
Elon Musk Sells $3.9 Billion of Tesla Shares After Buying Twitter
Tesla Chief Executive Elon Musk sold $3.95 billion worth of shares in the electric vehicle maker days after completing the $44 billion purchase of Twitter. The latest sale brings Musk’s total Tesla shares sold to about $36 billion since November last year, leaving him with a roughly 14% stake in the world’s most valuable automaker, […]
Brazil expands agricultural storage capacity by 3% in the first half, says IBGE
The agricultural storage capacity in the country reached 188.8 million tons in the first half, a growth of 3% compared to the second half of 2021. The data were released this Wednesday (9) by the Brazilian Institute of Geography and Statistics (IBGE). According to the survey, the number of establishments that store agricultural products grew […]
Caixa should resume payroll for AuxÃlio Brasil, says bank president
the president of Federal Savings Bank Daniella Marques, said this Wednesday (9) that the bank should resume consigned credit concessions for people who receive the Brazil aid 🇧🇷 Caixa had suspended the credit offer last Friday (4), after saying it would take a break to process the federal payroll. The president of the financial institution […]