Financial and Economic News: January 10, 2024

Boosting Your Financial IQ

Major stories developing on the global economic front, including:

• Financial Frontiers
• China’s Economic Jitters
• Tech Giants Move to Saudi
• Power Surge for Northvolt
• CEO Greed Reaches Stunning New Heights
• Chile’s Spicy Rate Cut Expectations
• Euro-Zone Wealth Inequality Gap Narrows
• Budget Breakthrough: US Congress Strikes Bipartisan Deal
• BitCoin Surges to 21 Month High
• Big Pharma’s Spending Spree

On this episode of FinWeekly: We’re unpacking the U.S. Consumer Inflation Report and its impact on market sentiment and policy decisions. We also explore economic jitters in China, and how struggling stimulus efforts and geopolitical tensions are affecting the Shanghai Composite Index. Find out what’s behind tech giants' strategic move to Saudi Arabia and the Middle East's paradigm shift. Plus, delve into Northvolt's EU-approved billion-euro plant, and the staggering CEO pay increase at Bet365 Group. Then, we’ll uncover Chile's unexpected economic downturn and the Euro-Zone's evolving wealth inequality. At home in the US, a groundbreaking bipartisan budget deal in the U.S. Congress and the recent surge of Bitcoin have people feeling optimistic. And finally we’ll recap Big Pharma's $6.4 billion spending spree in San Francisco. Join us for a comprehensive analysis of these financial topics and gain insights into their potential impacts on global markets.

Here's how to get started with Boosting Your Financial IQ:

• Step 1: Test your financial IQ for FREE
• Step 2: Download the FREE app
• Step 3: Take the Fundamentals of Finance course

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Get the free BYFIQ app and Starter Course here: https://www.byfiq.com/app

Support the Show.