Politics

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Yum Brands to Sell its Russian KFC Business

Rebecca Urena07/05/2022

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Yum Brands (NYSE: YUM) announced Tuesday that it is on the verge of selling its Russian KFC business as it aims to exit the country. According to the company,...

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Nike to Exit Russia Amid War

Rebecca Urena06/23/2022

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Nike (NYSE: NKE) has opted to exit Russia in the face of the continuous war between the country and Ukraine. The US sportswear giant had previously halted online orders...

Domestic Financial Law Investing News Market News Politics The Market Buzz

Federal Reserve: Aggressive Rate Hike

Tamires Amorim06/16/2022

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The Fed raised rates by 0.75% the largest rate increase since 1994. This aggressive move is part of contractionary monetary policy aimed at fighting persistent high inflation that reached...

Investing News Market News Politics The Market Buzz

Is a Recession at the Door?

Tamires Amorim05/20/2022

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The fear of another recession has been palpable in recent months. Recent fluctuations in the stock market, such as yesterday’s more than 1,100 points Dow (.DJI) drop or the...

Global News Politics

Global Hunger Reaches a New High

Tamires Amorim05/19/2022

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United Nations Secretary-General, António Guterres, spoke of the alarming numbers around global food insecurity in a meeting at the UN Headquarters in New York. Now, the global hunger level...

Domestic Federal Politics Investing News Politics

Fed and the Inflation Fight

Tamires Amorim05/05/202205/05/2022

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This week saw the Federal Reserve announce its biggest rate hike in two decades, signaling a half-a-percentage point increase in its benchmark interest rate. The Central Bank’s move was...

Investing News Market News Oil & Gas Politics The Market Buzz

The Global Release of Oil Stocks in Response to Market Turmoil

Tamires Amorim04/07/2022

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Following Biden’s announcement to release 1 million barrels of oil a day for 6 months, the International Energy Agency (IEA) announced it would supply the market with 60 million...

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Heineken to Leave Russia and Take an Over $400 Million Hit

Rebecca Urena03/28/202203/28/2022

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Heineken (OTCMKTS: HEINY), revealed Monday that it will be leaving Russia following the country’s invasion of Ukraine. The company intends to sell off its Russian business following a strategic...

Global Politics Government News Politics

Bolsonaro’s Anti-Environment Bill Challenged by Protesters in Brazil

Tamires Amorim03/10/2022

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Brazil’s Lower House of Congress decided to delay approval of a bill known as PL 191/2020 which would allow mining on indigenous reservations in the Amazon. The decision came...

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USPS Set to Spend Billions on Gas Vehicles

Rebecca Urena02/24/202202/24/2022

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The U.S. Postal Service is prepared to acquire a new fleet of gas-powered vehicles, despite extreme oposition from the Biden administration as well as environmental groups. The company, which...