After years of economic and political struggle, Argentina is starting to see a resurgence in investment and entrepreneurial growth. Estaban Bullrich is a Senator Elect for Argentina, and he joins Cheddar to explain how the country is moving forward.
Bullrich explains that the government is actively removing barriers to entry for local business and innovation. The country now has multiple start-ups that are unicorns, and is seeing record levels of investment in the region. The Argentina stock market, MERVAL, is up 63% this year, making it one of the best-performing stock markets in the world.
Prior to the recent election, Bullrich served as Minister of Education for Buenos Aires from 2010 to 2015. During that time, Bullrich improved the education system and adjusted curriculum. Now, in over 3,000 schools, computer science and coding is a required course.
Poised to raise interest rates Wednesday for a 10th time, Federal Reserve officials are facing two competing economic trends that could make their future rate decisions more difficult and treacherous.
U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates.
Cheddar News' Courtney Sturgeon reports from the Cboe floor with Russell Rhoads, Associate Clinical Professor at Kelley School of Business to break down why option traders should pay close attention to the FOMC meeting on Wednesday and monthly payrolls being released on Friday.