Financial and Economic News: January 10, 2024

Boosting Your Financial IQ

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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.

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