El Día en Minutos

Needed in Europe: More Inflation

As Europe’s economy recovers from its crisis, afflicted countries such as Spain and Italy are trying to pare their debts while also becoming more internationally competitive.      The trouble is, it’s hard to do both at once. And the euro zone’s weak inflation is making it even harder.      So, even as the world’s economic elite welcomed

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Turkey Gets Aggressive on Rates

Turkey’s central bank Tuesday aggressively increased overnight lending rate/interest rates to shore up the lira at an extraordinary policy meeting billed as a test case for under-pressure emerging markets. The central bank raised its overnight lending rate to 12% from 7.75%, raised its one-week repo rate to 10% from 4.5% and raised its overnight borrowing

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U.S. Economy Starts to Hit Growth Stride

A potent mix of rising exports, consumer spending and business investment helped the U.S. economy end the year on solid footing. Gross domestic product, the broadest measure of goods and services churned out by the economy, grew at a seasonally adjusted annual rate of 3.2% in the fourth quarter, the Commerce Department said. That was less than

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Nuestros pronósticos… y no del tiempo

“Si debes pronosticar, pronostica seguido Estas son las proyecciones que tenemos para las principales variables económicas y financieras de México y de Estados Unidos. •          El escenario que respalda los números contempla una recuperación en el crecimiento económico local, y externo. •          La regularización de la política monetaria de Estados Unidos, que significa que se

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J.P. Morgan Settles Sex-Discrimination Lawsuit

J.P. Morgan Chase has agreed to pay $1.45 million to settle a sex discrimination lawsuit that says the bank maintained a “sexually hostile work environment” toward its female mortgage bankers. The lawsuit, filed by the U.S. Equal Employment Opportunity Commission, says female mortgage bankers assigned to the bank’s PolarisPark facility–located outside Columbus, Ohio–faced “sexually charged behavior and comments from

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