Uruguay’s strategy of raising interest rates gradually for the rest of the year should be enough to tame 10% inflation without causing a sharp slowdown, according to the head of the central bank. Read the article about Uruguaybased 150m 5b septembertanbloomberg.
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Amazon.com Inc. said Thursday that it would pause adding new corporate workers, citing an “uncertain” economy and its hiring boom in recent years. Lyft Inc., the ride-hailing company, is going further: It will eliminate 13% of staff, or around 683 people.