Author: Stanley Bowers

The former CEO of Twitter, who claims to work seven days a week, said in an interview with CNBC’s David Faber that employees are more productive in person. But he also expressed disdain for office workers who work from home, and most service employees must do their work in the office. “There are some exceptions, but I think the whole notion of working from home is a bit like the fake quote from Marie Antoinette, ‘Let them eat cake'” Musk stated. “You’re going to make the people who prepare your food, who deliver, who can’t work from home; the people…

Lia Haberman, a marketing specialist at UCLA, posted a screenshot of what the new app’s feed will look like. In addition, Haberman indicates that, eventually, the app could be compatible with other applications that compete with Twitter, such as Mastodon. “Historically, we know that Meta likes to test and recreate features from other third-party apps and tools based on what they anticipate will be popular with their users.” Elon Musk acquired Twitter in 2022 and recently stepped down as CEO, to appoint Linda Yaccarino in his place. Together, he indicated at the time, they would work to transform Twitter into…

In a speech in Brazil, Agustín Carstens, stated that a strong response to inflation was essential to maintain confidence in the ability of central banks to maintain the stability of economies. “If trust evaporates, the ability to make effective public policy disappears,” Carstens said, explaining that it was the first time that younger generations in many countries had experienced inflation that eroded living standards. Once entrenched, inflation can be increasingly difficult to stop, Carstens said. Cooling price pressures is essential, he added. “Otherwise, the credibility of monetary policy, and of the autonomous central banks responsible for applying it, will be…

“The surprising and unusual takeover of the facilities by the Armed Forces is being analyzed by Grupo México Transportes, its investors and advisors,” the company said in a statement sent to the Mexican Stock Exchange. “The company will continue to provide the service to its users without any affectation for the moment, only with the surveillance of the Armed Forces and timely information will be provided on the actions to be followed based on its obligations as a public company,” he added. Information in development

In a statement, the ministry also reported that Russia had rejected the latest US request for consular access to detained journalist Evan Gershkovich, accused of espionage. The move was prompted by the US refusal last month to grant visas to media traveling to the United Nations with Foreign Minister Sergei Lavrov, it said in a statement. “Washington should have learned long ago that not a single hostile attack against Russia will go unpunished,” he added. Earlier on Friday, the United States announced punitive measures against more than 300 entities, aimed at punishing Russia for its invasion of Ukraine and intensifying…

For diesel, the discount will be just 0.09 pesos, so they will charge you 6.40 pesos per liter. Every week the SHCP publishes in the DOF the federal IEPS quotas, by type of fuel, based on the prices in the global oil market, and gasoline and diesel in the United States, Mexico’s main fuel supplier country. The Treasury grants a subsidy or discount to the IEPS quotas, if the price of fuels rises; if the price of fuel falls, the Treasury reduces the discount. Last year, due to the rise in fuel prices, the Treasury granted large discounts or incentives…

He also noted that after a year of aggressive rate hikes, the Fed “can afford to look at the data and the changing outlook to make careful assessments.” “We face uncertainty about the lagged effects of our tightening so far, and about the extent of credit tightening from the recent banking stress,” Powell said. “So today, our guidance is limited to identifying factors we will watch as we assess the extent to which additional policy tightening may be appropriate to return inflation to 2%,” he noted. “The risks of doing too much or doing too little are increasingly balanced, and…

In that case — one of four outlined by the bank — the country could lose at least 265,000 jobs and suffer a 0.3 percentage point hit to gross domestic product. The S&P 500 would remain depressed before rebounding slightly to end 2023 near 3,700. This figure is well below the 3,800 to 4,200 levels at which the benchmark has been stuck all year. The gauge was testing the upper end of that range on Friday amid optimism that debt ceiling talks were making progress. In the bank’s most bearish scenario, the S&P would end the year near the recession…

Despite the environmental and energy benefits that electric vehicles offer, the absence of tax incentives, such as tax breaks, tax discounts or direct subsidies, makes it difficult for consumers to opt for these types of vehicles. Some countries, such as the United States, have implemented tax incentives to promote the acquisition of electric vehicles, offering credits of up to 7,500 dollars. These incentives are intended both to encourage the purchase of this type of vehicle and to stimulate the production of electric units. In Mexico, the lack of incentives for the purchase of electric vehicles represents an obstacle in the…