Basics

The US raises interest rates again by 0.75 points to combat skyrocketing inflation

The US raises interest rates again by 0.75 points to combat skyrocketing inflation

The United States Federal Reserve (Fed) raised interest rates this Wednesday for the fourth time in a year, with the intention that this aggressive monetary policy will help mitigate the serious effects of uncontrolled inflation. The Fed has raised, as it did last month, its benchmark interest rate by three-quarters of a percentage point. According …

The US raises interest rates again by 0.75 points to combat skyrocketing inflation Read More »

Amazon would drop its Amazon Basics brand to avoid further lawsuits

Amazon would drop its Amazon Basics brand to avoid further lawsuits

We recently found out that amazon was taking steps to avoid taking a large penalty fee in Europe. And it is that this she was accused of anticompetitive practices where it took advantage of the data of its sellers to position itself. This happened shortly after celebrating the largest prime-day in its eight years of …

Amazon would drop its Amazon Basics brand to avoid further lawsuits Read More »