In this week’s roundup of key events, Hollywood’s glitz meets economic uncertainty: here’s what you need to know.
This week promises a mix of Hollywood glamour and economic anxieties. Here’s a breakdown of the biggest stories:
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Oscars Spotlight: The 96th Academy Awards are upon us, with Christopher Nolan’s “Oppenheimer” leading the pack with 13 nominations. The biographical film about the atomic bomb is a clear favorite, raising the question of artistic merit versus historical weight.
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Fed Waits for Inflation Signal: The Federal Reserve remains cautious about lowering interest rates despite Chair Powell’s optimistic comments. Inflation data this week will be crucial for their decision at the March 19-20 meeting, potentially impacting the stock market’s recent gains.
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Stock Market Soars, But for How Long?: The impressive rise of the S&P 500 sparks concerns of an unsustainable bubble. While the economy and corporate earnings remain strong, some experts wonder if a correction might be looming.
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American Agriculture Makes a Comeback: US farmers aim to reclaim their top exporter status through maximized production. The Department of Agriculture predicts a significant supply expansion, bolstered by support from machinery and seed companies.
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Apple’s Electric Car: A Dream Unfulfilled: Bloomberg’s Big Take reveals the inside story of Apple’s failed electric car project, “Project Titan.” Years of work and billions of dollars invested couldn’t overcome strategic missteps and indecisiveness.
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Oscars Spotlight: The 96th Academy Awards are upon us, with Christopher Nolan’s “Oppenheimer” leading the pack with 13 nominations. The biographical film about the atomic bomb is a clear favorite, raising the question of artistic merit versus historical weight.
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Considering a move abroad? This week’s spotlight highlights the top destinations for wealthy expats: 1.- French Riviera, France 2.- Monaco 3.- Dubai, United Arab Emirates 4.- St. Barts, Caribbean 5.- The Bahamas 6.-The Maldives 7.- Verbier, Switzerland 8.- Aspen, Colorado 9.- Jackson Hole, Wyoming 10.- New York City, New York
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Privacy Concerns with High-Tech Work Pods: As employees return to offices, the use of phone booth-like privacy pods raises concerns. New sensor technology designed to track worker stress levels has some privacy experts worried.
By Orlando J. Gutiérrez