Mattel is offering preschoolers a new age-appropriate Barbie doll that it says is better suited to their needs. The doll, called “My First Barbie,” was created specifically for children ages three and older, said Lisa McKnight, executive vice president and global head of Barbie and dolls at Mattel. The age range for the original Barbie […]
Sam Bankman-Fried, former CEO of FTX, speaks for the first time since his arrest
Sam Bankman-Fried, the former crypto star turned alleged white-collar criminal, has spoken out for the first time since his arrest last month, publishing a lengthy blog post that appears to lay out his defense against fraud charges. “I didn’t steal funds and I certainly didn’t hoard billions,” he writes in a newly launched newsletter. Bankman-Fried […]
Haddad should announce the “Zero Litigation” program this Thursday; see details
The Minister of Finance, Fernando Haddad, is expected to announce this Thursday afternoon (12) the “Zero Litigation” program, which will allow taxpayers to settle their tax disputes with the government and, at the same time, allow the inflow of resources for the public safes. The design of the program is basically divided into two plans. […]
Conab lowers grain harvest forecast for this year
The National Supply Company (Conab) reduced the forecast for the 2022/23 Brazilian grain harvest from 312.2 million to 310.9 million tons. The data are contained in the 4th Grain Crop Survey 2022/2023, released today (12). According to the company, the review was due to the adverse weather in some producing regions, especially in Rio Grande […]
Market lacks heart, sensitivity and humanism, says Lula
President Luiz Inácio Lula da Silva (PT) said this Thursday (12) that the financial market “has no heart, sensitivity or humanism”, and that the government has an obligation to take care of those most in need. At breakfast with journalists, the president also said that the market creates the narrative that everything that is not […]
Inflation rose for all income brackets in December, points out Ipea
All income brackets in the country registered high inflation in the last month of December, informed the Institute of Applied Economic Research (Ipea) this Thursday (12). In absolute terms, the lowest income bracket had the biggest increase among the groups, at 0.71%, while the highest income bracket recorded the smallest increase, at 0.5%. The high […]
US consumer prices fall in December
US consumer prices unexpectedly fell for the first time in more than two-and-a-half years in December, amid falling prices for gasoline and other goods, suggesting that inflation is now on a sustained downward trend. The consumer price index fell 0.1% last month after rising 0.1% in November, the Labor Department said on Thursday. That was […]
Market raises bets on 0.25 point rise in US interest rates in February
Futures traders linked to the Federal Reserve interest rate increased bets on Thursday (12) that the US central bank will further slow its pace of interest rate hikes at its next meeting, after a government report showed that inflation in the United States eased last month. Fed interest rate futures rose after the US Department […]
New York nurses’ strike ends after tentative agreement with hospitals
A nurses’ strike at two New York City private hospital systems came to an end after 7,000 nurses spent three days picketing. The New York State Association of Nurses union struck tentative agreements with Mount Sinai Health System and Montefiore Health System, which operates three hospitals in the Bronx that were hit. The nurses argued […]
Elon Musk enters Guinness as person who lost the most money in history
Tesla CEO and new owner of Twitter, Elon Musk, entered Guinness World Records as the person who lost the most money in history, as recently released by the Guinness Book of Records. The billionaire has lost something around US$ 182 billion since November 2021, according to Forbes estimates, while Bloomberg raises the figure to US$ […]