
U.S. Retail Sales Surge in March, Led by Auto Industry
In March 2023, there was a significant increase in retail sales in the United States, attributed to strong demand for automobiles. Data recently released by the U.S. Department of Commerce indicates that retail sales rose by 1.6% compared to the previous month, totaling $696 billion. This increase marks the most substantial growth since January and is a result of more favorable purchasing conditions for consumers, connected to changes in tariff policies.
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Brazil: Analysts Raise 2025 Key Rate Forecast Amid Expected Monetary Tightening
Analysts in Brazil have adjusted their forecasts for the key interest rate in 2025, increasing expectations of its level against the backdrop of anticipated monetary policy tightening. According to a Bloomberg report, the baseline rate could rise to 9% by the end of 2025, which is higher than previous estimates.
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Wall Street rocked by pessimism: consultancy loses 50% of its value
In a recent business results announcement, one of the leading consulting firms in the UK, specializing in consulting for large technology companies, announced a significant drop in its market capitalization. The company experienced a sharp decline in stock value by 50%, sparking panic among investors and active traders in the financial markets.
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Salesforce Exceeds Expectations with Annual Profit Outlook
Salesforce, a leading company in the cloud software sector, has announced its financial forecasts for the upcoming year that surpassed investor expectations. These projections, made during a recent financial conference, have instilled confidence in investors regarding the company's successful strategy, leading to a surge in stock prices on the stock market.
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