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Housing Market Crash. Meta's $1.3B Fine. 109% Inflation.
3 minutes Posted May 22, 2023 at 5:00 pm.
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Wannabe homebuyers in the US might’ve been encouraged by some news last week: home prices had their biggest annual drop in more than 11 years. Meta fined $1.3 billion over data transfers to U.S - a record privacy penalty for the bloc. Argentines are coping with 109% inflation by bartering, buying in bulk, and rushing to spend their devaluing pesos.


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Sources: Sherwood and Wall Street Journal