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Monthly Archives: August 2023

Argentina devalues its currency, jacks up interest rates

Argentine far-right libertarian economist and presidential candidate Javier Milei celebrates the results of the primary elections with his sister Karina Milei at his headquarters in Buenos Aires on August 13, 2023. Alejandro Pagni | Afp | Getty Images Argentina’s central bank devalued its currency, the peso, by close to 18% …

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Intuit’s Alex Chriss named new PayPal CEO

PayPal‘s new CEO will be Alex Chriss, the executive who runs the small business and self-employed group at Intuit, members of PayPal’s board announced Monday. Chriss will take over for PayPal’s longtime CEO Dan Schulman beginning Sept. 27. Schulman had previously announced a plan to step down from the role …

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Saudi soccer team Al-Hilal lures Brazilian star Neymar

Kylian Mbappe of PSG celebrates his goal with Neymar Jr (right) during the UEFA Champions League match between Celtic Glasgow and Paris Saint Germain (PSG) at Celtic Park on September 12, 2017 Jean Catuffe | Getty Images Sport | Getty Images Saudi Arabia is once again luring one of soccer’s …

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This in-demand freelance job pays up to $250/hour, doesn’t require a degree

The hottest gig on the freelance job market isn’t coding or graphic design, as you might expect — it’s writing.  That’s at least according to new research from Freelancer.com, which found creative writing to be the most in-demand skill employers are hiring for on its platform, based on an analysis …

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3 reasons you can’t stop comparing yourself financially to others

Franckreporter | E+ | Getty Images People can easily fall into “false financial comparisons,” a scenario in which we believe we can afford the same lifestyles people we perceive as “just like us” have, said author Manisha Thakor in her new book, “MoneyZen: The Secret to Finding Your ‘Enough.'” A …

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new loans fall, property fears, low consumer sentiment

A woman walks at the Bund in front of the financial district of Pudong in Shanghai, China. Aly Song | Reuters BEIJING – China’s economy is running into more challenges. Credit data for July released Friday showed a slump in demand from businesses and households to borrow money for the …

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Malaysia state elections a ‘setback’ for Anwar’s government: Analyst

Anwar Ibrahim makes history as tenth Malaysian prime minister Annice Lyn | Getty Images News | Getty Images Malaysia’s closely watched state elections were a “setback” for the ruling coalition government, according to a political analyst from a risk consultancy. The polls were held in six states on Saturday, and ended …

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Yen breaches 145 level against USD, raises expectations BOJ may intervene

Japanese yen and U.S. dollar banknotes are arranged for a photograph in Tokyo, Japan. The U.S. dollar pushed to a fresh two-decade high versus major peers on Thursday, propelled by the Federal Reserve’s hawkish outlook for interest rates. Tomohiro Ohsumi | Bloomberg | Getty Images Stock Chart IconStock chart icon …

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How to use AI to plan a vacation? Companies are bringing it to you

According to a global survey of more than 5,700 travelers commissioned by Expedia Group, the average traveler spends more than five hours researching a trip and reviews 141 pages of content — for Americans, it’s a whopping 277 pages. And that’s just in the final 45 days before departing. Enter …

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Global rice prices could rise more as China flood risks loom: Fitch Ratings

Chinese villagers growing rice seedlings in a paddy field in Qiandongnan, Guizhou Province, China on April 2023. Future Publishing | Future Publishing | Getty Images Global rice markets could come under further strain as the world’s leading rice producer China grapples with heavy rain and flood risks.  “Heavy rain in …

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