What insiders know 📶
US banking:Â As of September 2023, Hayman Capital founder Kyle believes the industry will lose up to $250 billion from exposure to the office market.
Expenditure:Â Truist is planning on job cuts to trim expenses by $750 million.
US citizens:Â In August 2023, households grew more concerned about their finances and more pessimistic about the job market, according to a survey from the Federal Reserve Bank of New York.
Techno:Â A 2023 survey from Gallup stated some 22% of US workers now fear they could be sidelined by technology.
Extension:Â Apple is extending an agreement to get modem semiconductors from Qualcomm for 3 more years.
Growing somewhere:Â Mexico as of the moment has overtaken China as the biggest supplier of goods to the US.
South America: Argentina will exempt millions of citizens from paying income taxes, in an attempt by Economy Minister Sergio Massa (most likely to improve his office standing for October 2023’s presidential election).
The works: El Salvador’s prison population tripled to 100,000 in less than two years under President Nayib Bukele’s crackdown on gangs.
You know:Â The UK is kicking in support to BMW making electric Minis in Oxford without insisting that batteries are locally sourced.
The debt:Â Recently, Maersk is borrowing $750 million in its first dollar-denominated green bond sale.
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