economy

US Job Market Slows Sharply, Adding Only 73,000 Jobs in July

US Job Market Slows Sharply, Adding Only 73,000 Jobs in July

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August 3, 2025

Background on Key Figures and Context The United States job market experienced a more significant slowdown than anticipated in July,...

Top 10: Mexican States with the Highest Average Family Income

Top 10: Mexican States with the Highest Average Family Income

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August 2, 2025

Nuevo León Tops Mexico with the Highest Average Family Income Income inequality is a significant social development challenge in Mexico,...

Adriana Kugler Resigns as Fed Governor; Departure Set for August 8

Adriana Kugler Resigns as Fed Governor; Departure Set for August 8

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August 2, 2025

Background and Relevance of Adriana Kugler Adriana Kugler, a prominent figure in the United States’ monetary policy landscape, has announced...

Chile’s Economy Grows 3.1% Year-on-Year in June, Driven by Services, Trade, and Industry

Chile’s Economy Grows 3.1% Year-on-Year in June, Driven by Services, Trade, and Industry

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August 1, 2025

Overview of Chile’s Economic Performance in June 2025 Chile’s economy expanded by 3.1% in June compared to the same month...

Experts Raise Mexico’s GDP Growth Forecast to 0.20% and Expect Inflation of 4.11%: Banxico Survey

Experts Raise Mexico’s GDP Growth Forecast to 0.20% and Expect Inflation of 4.11%: Banxico Survey

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August 1, 2025

Background on the Mexican Economy and Banxico The Bank of Mexico, or Banxico, is the central bank of Mexico responsible...

Trump Criticizes Powell Over Fed’s Interest Rate Decision

Trump Criticizes Powell Over Fed’s Interest Rate Decision

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August 1, 2025

Background on Jerome Powell and the Federal Reserve Jerome Powell, the current Chair of the Federal Reserve (Fed), has been...

Unemployment in the Eurozone Remains Steady at 6.2% in June

Unemployment in the Eurozone Remains Steady at 6.2% in June

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August 1, 2025

Stability Amidst Economic Challenges According to Eurostat, the European Union’s statistical office, unemployment in the eurozone held steady at 6.2%...

IMF Approves $2 Billion Loan to Argentina: A Step Towards Economic Stability

IMF Approves $2 Billion Loan to Argentina: A Step Towards Economic Stability

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August 1, 2025

Background on Argentina’s Financial Situation Argentina, a nation long-struggling with debt, reached an agreement with the International Monetary Fund (IMF)...

US Inflation Rises Again in June to 2.6%: PCE Index

US Inflation Rises Again in June to 2.6%: PCE Index

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July 31, 2025

Background on the Personal Involved The Federal Reserve (Fed), an independent governmental body, is responsible for conducting the nation’s monetary...

Mexico Increases Import Tax Rate on Shein and Temu Purchases to Boost Revenue

Mexico Increases Import Tax Rate on Shein and Temu Purchases to Boost Revenue

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July 31, 2025

Background on the Situation In a surprise move last Monday, the Mexican government announced an increase in the minimum global...

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