Milei Hints at FX Policy Move After Inflation Slows Below 3%

Nov 12, 2024 | Markets

Consumer prices rose 193% from year ago; April peak was 289.4% Monthly inflation slowed to a three-year low of 2.7% Argentine President Javier Milei foreshadowed Tuesday he would change his currency policy after the end of the year if inflation stays constant in...

Apple’s Next Device Is an AI Wall Tablet for Home Control, Siri and Video Calls

Nov 12, 2024 | Markets

Product will spotlight the new Siri and Apple Intelligence Device will tap into cameras, doorbells and run Apple’s apps Apple Inc., aiming to catch up with rivals in the smart home market, is nearing the launch of a new product category: a wall-mounted display that...

Apollo Invests in Fintech to Boost Service for Private Markets

Nov 12, 2024 | Markets, Private Markets

Vega is scaling a tech platform for alternative asset managers Apollo, Motive Partners lead $20 million Series A funding Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further...

US Online Food Prices Post First Year-on-Year Drop Since Covid

Nov 12, 2024 | Markets

Online grocery prices declined in October from a year earlier, the first such drop since the arrival of Covid more than four years ago. Food costs fell 0.1% from the same period of 2023, according to data from Adobe that’s based on about 1 trillion visits to retail...

Trump’s Market Honeymoon Won’t Last Much Longer

Nov 11, 2024 | Markets

Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing. Hedge fund manager Scott Bessent, reported to be in line for a top job in the Trump administration such as Treasury secretary or Federal Reserve chair, wrote in a Wall...