The 60 Best Beers in America

The 60 best-rated beers in America will be covered in this article. You can skip our in-depth discussion of the U.S. beer industry’s economic impact, the potential decrease of premiumization in the beer market, and the devaluation of craft beer brands and go straight to our list of the top 10 rated beers in the … Read more

Why the World Bank-Inter-American Development Bank Agreement Matters and What Comes Next

As the phrase goes, insanity is doing the same thing repeatedly and expecting a different outcome. A new strategy is urgently needed because Latin America and the Caribbean (LAC) is now expected to grow at just 1.9 percent this year and 2.2 percent next year, the lowest growth rates of any developing area outside of … Read more

Despite a boost from Shopify, the S&P/TSX composite fell, while U.S. stock markets were divided.

While U.S. stock markets were mixed on Thursday, Shopify Inc.-led gains in technology stocks following its agreement to assist merchants in integrating with Amazon.com Inc. couldn’t stop a little decline in Canada’s main stock index. According to Brian Madden, chief investment officer at First Avenue Investment Counsel, the markets took some “pretty modest action” on … Read more

Expectations of a tight supply are driving up oil prices.

Oil prices increased by more than 1% on Friday, breaking a two-week losing trend as supply shortages were anticipated. The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, designed supply cuts to support prices. Saudi Arabia is largely anticipated to extend a voluntary 1 million barrel per day (bpd) … Read more

Co-founder of Google DeepMind pushes for US enforcement of AI standards – FT

According to Google DeepMind co-founder Mustafa Suleyman, the U.S. should only permit the sale of Nvidia artificial intelligence (AI) processors to customers who promise to use the technology morally. He made this statement to the Financial Times on Friday. According to Suleyman, the US should impose minimal international standards for the use of AI, and … Read more

The US FTC and ICE have reached a settlement on the $11.7 billion accord.

On Thursday, the U.S. Federal Trade Commission (FTC) announced that it had reached an agreement to allay antitrust concerns regarding the proposed acquisition of data vendor Black Knight by NYSE owner Intercontinental Exchange. The $11.7 billion merger of the two leading mortgage technology suppliers first alarmed the FTC because it would increase costs, stifle innovation, … Read more

JPMorgan is being sued by the US Virgin Islands for supporting Epstein’s sex trafficking.

Attorneys for the U.S. Virgin Islands told a New York federal judge on Thursday that JPMorgan was a full-service bank for Jeffrey Epstein’s sex trafficking in a request for summary judgement in a lawsuit seeking $190 million in damages from the banking giant for failing to stop underage sex trafficking for more than ten years. … Read more

As the yen weakens, the Japan Finance Minister gives no hints about possible intervention.

Shunichi Suzuki, the finance minister of Japan, stated on Friday that markets should determine currencies even though abrupt changes are undesirable. He also gave no indication that the government will intervene in the market to support the weak yen, which is increasing import costs. “Currencies should reflect underlying economic principles… I’m keeping a careful eye … Read more

Marketmind: China’s surprise improves sentiment ahead of US payrolls

The highly anticipated U.S. nonfarm payrolls finally decline on Friday, marking the beginning of a new month, along with a flurry of manufacturing data, capping up a week of conflicting economic news that also featured a positive surprise from China. The Federal Reserve is searching for additional signs of cooling, but not too much cooling, … Read more

Hopes that U.S. payrolls will support Fed pause wagers are rising in global markets.

Global equities held steady on Friday as investors closely examined China’s most recent economic stimulus measures before later focusing on U.S. jobs data to see whether the Federal Reserve will hike interest rates this month. With supplies becoming more scarce placing a floor under prices, oil was poised to end a two-week losing streak and … Read more

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