By

Chantal Benet
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Wall Street stocks sank on Thursday morning, reversing gains from the previous session as markets reassessed the Federal Reserve’s moves to tighten monetary policy in response to inflation. The Dow Jones Industrial Average was down 2.4%, the broad-based S&P 500 fell 3%, while the tech-rich Nasdaq fell 4.1%. These moves come after a major rally...
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Nothing has emphasized more the fragility of the global economy more than the pandemic. And while inflation has been the top subject in many of the reporting, we need to pay attention to the fact that the US relies heavily on the manufacturing in China for their goods in the US and many portions of...
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virus, covid, science-4937553.jpg
Nothing has emphasized more the fragility of the global economy more than the pandemic. And while inflation has been the top subject in many of the reporting, we need to pay attention to the fact that the US relies heavily on the manufacturing in China for their goods in the US and many portions of...
Read More
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New car unit sales totaled 11,117 in February 2022, a 5.47% increase compared to February 2021 (10,540 units), and a 6.8% increase compared to January 2022 (10,407 units). this is the highest number of new car sales for the month of February. Total new car unit sales in February 2018 were 6,828 units, in February...
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Retail sales in the United States reached a seasonally adjusted total of $649 billion in January 2022. Compared to January 2021, there was an increase in sales of 13%. Amongst the major retail categories, the largest year over year increases were seen in gas stations (33.4%), food service and drinking places (27%), and clothing stores...
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For the month of November 2021, exports totaled $5.38 billion, a 23.2% increase compared to November 2020, and a 6% increase from October 2020.
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A total of 3,863 bankruptcies were filed in 2021, representing 1,255 less than in 2020 (-24.5%).
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The Purchasing Manager’s Index is a monthly indicator measuring the manufacturing industry, is the index is under the threshold of 50 indicates the industry is contracting and is the index is above the threshold of 50 indicates the industry is expanding. For the month of December, the index fell to 47.6, the first reading under...
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This week, the Labor Department published the Consumer Price Index and prices for U.S. consumers jumped 6.2% in October compared with a year earlier, leaving families facing their highest inflation rate since 1990. The year-over-year increase in the consumer price index exceeded the 5.4% rise in September.
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Los fondos para la promoción turística de la Ley del Plan de Recate Americano (ARPA, por sus siglas en inglés) permitirán que, por dos años, Puerto Rico cuente con un presupuesto para el mercadeo turístico en el exterior similar a lo que invierten algunos de los principales destinos que compiten con la Isla, como la...
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