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Elon Musk And The Other Billionaires Whose Fortunes Fell This Week As Tech Stocks Continue To Struggle

THE CHANGING FORTUNES OF THE WORLD’S RICHEST The founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks. D espite several days of declines, stock indices finished the week slightly higher, offsetting some of this month’s widespread losses. But the market’s troubles look…

Mexico’s finance ministry says talk of ‘technical recession’ imprecise

Mexico’s finance ministry says talk of ‘technical recession’ imprecise

By Anthony Esposito and Noe Torres MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Friday that talk of a “technical recession” in the country doesn’t take into account coronavirus-related economic volatility and global supply chain issues. Mexico’s economy, the second-largest in Latin America, likely shrank 0.2% in December compared with the…