Helder Marinho

Editor

Helder Marinho is the editor in chief of IBTimes US, based in New York. Previously he has worked as a reporter, editor and news manager, having led teams and bureaus for Bloomberg News in New York and Latin America.

@HelderMarinho

Oxfam said the wealth of the world's 10 richest men jumped from $700 billion to $1.5 trillion during the pandemic

Inheritance Is Making More New Billionaires Than Entrepreneurship, UBS Say

Billionaires are mostly concerned about geopolitical tensions and inflation.

John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York

New York Fed President Says Inflation Is Still 'Too High,' Work Isn't 'Nearly Done'

John Williams said interest rates should keep a restrictive stance for "quite some time.''

US new home sales eased to an annual rate of 679,000 in October, cooling from September's figure, said the Commerce Department

Pending Home Sales Fall To Record Low In October

The housing market is suffering from mortgage rates near the highest level in two decades.

US jobless claims have declined for five straight weeks, highlighting a healing in the labor market in the world's largest economy

Jobless Claims Rise Less Than Expected

Despite the indication of a slowdown, the numbers are more volatile because of the Thanksgiving holiday.

Gas prices fell in October, though the costs for shelter increased, the US Labor Department said

Fed's Preferred Inflation Index Rises The Least In More Than Two Years

The PCE index had the smallest gain since March of 2021 after a drop in energy prices.

A general view of Centers for Disease Control and Prevention (CDC) headquarters in Atlanta

Life Expectancy In US Rises Again As Fewer People Die From Covid

The gain in years of life in 2022 still wasn't enough to compensate for the losses during the pandemic, the CDC said.

Signage for Humana Inc. is pictured at a health facility in Queens, New York City, U.S., November 30, 2021.

Cigna And Humana Are Discussing A Mega Merger: Report

The deal could be announced before the end of the year, The Wall Street Journal reported.

Your credit score determines your creditworthiness to lenders when applying for loans, credit cards, and mortgages.

Mortgage Rates Fall To Lowest Level In 10 Weeks

Demand for mortgage loans is increases as rates fall.

Mark Cuban To Sell Stake In Dallas Mavericks To Adelson Family: Report

Cuban will still run the team's operations, The Athletic reported.

While the bigger-than-expected drop in retail sales could give the Federal Reserve room to ease back on its rate hikes, the figure fuelled worries about the US economy

US Economic Growth In Third Quarter Was Stronger Than Previously Estimated

The upward revision was caused by stronger business investment and government spending.

Online auction giant eBay is trying to kickstart its bid for a bigger slice of the sneaker resale market with the exhibition

Foot Locker Improves Forecasts After Strong Thanksgiving Sales

The company still sees "ongoing consumer softness" putting negative pressure on sales this year.

Apple Plans To Exit Credit Card Partnership With Goldman Sachs: Reports

The agreement between the Wall Street bank and the technology giant could end in 12 to 15 months, according to media reports.

A formal ethics inquiry into Representative George Santos found 'overwhelming evidence' of misconduct

George Santos Faces Attempt To Expel Him From Congress This Week

The House has two days to act on a privileged resolution introduced Tuesday.

Bank of America To Pay $12 Million Fine For Inacurate Mortgage Data

The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.

The day after Thanksgiving, 'Black Friday' marks the unofficial start of the holiday shopping season

Thanksgiving Weekend Shopping Rises To Record And Beats Expectations

Online shopping attracted more consumers than physical stores, the National Retail Federation said.

People carrying shopping bags exit a retail store during the holiday season in New York

Consumer Confidence Recovers After Three Months Of Declines

Consumer expectations for future conditions still remain at a level that indicates a recession next year.

Virginia gubernatorial candidate Glenn Youngkin (R-VA) campaigns with Nikki Haley in Virginia

Nikki Haley Gets Endorsement Of Group Founded By Koch Brothers

AFP Action said its polling is showing that Haley can beat both Donald Trump and Joe Biden.

Shein Files For IPO In US; Share Sale Expected In 2024: Reports

One of the key issues is the valuation of the Chinese fashion retailer, CNBC reported.

Binance Has 'Turned The Page,' New CEO Says

Richard Teng said in his first comments after becoming CEO that Binance is stronger than ever.

'Authentic' Is Merriam-Webster's Word Of The Year 2023

Other highlights of the year include "rizz," "deepfake," and "indict."

The US housing sector became a popular place despite the overall economic downturn caused by the Covid-19 pandemic, as cheap mortgage rates and the disruptions caused by the virus spurred people to shop for homes

Zillow Cuts Estimate For Home Prices In 2023

High mortgage rates and the increase in the inventory of homes for sale are putting downward pressure on prices.

New home sales came in stronger than expected in July, according to Commerce Department data, while the median sales price rose as well

New Home Sales Fall More Than Expected While Inventory Rises

The residential real estate market is responding to high interest rates.

Container trucks , ships and cranes are shown at the Port of Long Beach as supply chain problem continue from Long Beach, California, U.S. November 22, 2021.

Biden Creates Council And Announces Measures To Strengthen Supply Chain

The initiatives comes after supply chain disruptions led to an acceleration of inflation after the pandemic.

TikTok's Owner Cuts Hundred Of Jobs In Gaming Unit: Reports

The Chinese tech giant is scaling back its Nuverse unit, Reuters and CNBC reported.

In Focus This Week: OPEC+ Meeting, PCE Data, Powell Speaks, COP28 Starts

U.S. housing data, manufacturing in China and earnings of retailers and Canadian banks are also scheduled for the next few days.

Canadian Prime Minister Justin Trudeau offered 'unreserved apologies' in parliament for the embarassing episode which occurred during Ukrainian President Zelensky's recent visit

Border Crossings Between US And Canada at Niagara Falls Closed After Explosion

U.S. and Canadian authorities are investigating the explosion near a border checkpoint.

A pick-up in US consumer confidence has helped boost investor sentiment

Consumers Become Less Optimistic Amid Stronger Concern On Inflation

The University of Michigan says consumers see the possibility of inflation accelerating again.

The factory floor at Boeing's North Charleston, South Carolina, manufacturing facility for the 787 Dreamliner

Jobless Claims Drop Most Since June; Durable Goods Orders Fall More Than Expected

The data show resilience in the labor market while manufacturing struggles.

Rising interest rates is causing pain for British homeowners as mortgage rates are usually fixed for only several years

Mortgage Rates Fall To Lowest Level In Two Months; Applications Rise

Rates are responding to the drop in Treasury yields as inflation and the economy slow.

Zhao Changpeng, founder and chief executive of Binance

Binance Founder And CEO To Resign, Settles With DOJ By Paying Fine

The penalties of $4.3 billion are one of the largest ever applied to a corporation in the U.S.