Thursday, September 16, 2021

Economy

Richest U.S. Taxpayers Dodged Billion In Taxes – Treasury Report

On Wednesday, a novel American Treasury study suggested that the wealthiest U.S. people are not paying hundreds of billions of dollars in taxes that they owe the American government. The study described that the dominant one percent of American taxpayers...

Crypto Flash Crash Drowned $400b on Bitcoin Day

On Tuesday, the crypto market showed stunning losses when a selling wave severely hit the prices of around every single coin, undoing the profits priced in by a trading mania before the first day of El Salvador allowing the...

American Economy Upsurges 6.5% from April-June Period

On Thursday, America described that its economy growth ramped up 6.5 percent during April to June period, which is somehow a better rate than in the starting three months of this year after the nation gradually recovers its stability...

Beijing is Dealing with its Worst Power Crisis in a Decade

Beijing is having a massive power crisis as intense weather, boosting demand for power, and inflexible restrictions on coal usage provide a triple blow to the country's electricity grid. The crisis could last for months, damaging the nation's economic...

President Biden Seeking to Increase Funding to the US Space Force

Except for the US Space Force, the Pentagon proposed slight end-strength cuts to all its armed forces in Fiscal Year 2022. American President’s 715 Bn dollars defense Budget proposal for FY2022 contains 17.4 Bn dollars for the United States...

American Jobs Growth Raised in May, Economy still Facing Workers Shortage

United States job growth possibly accelerated last month as inoculations eased the epidemic’s hold on the economy, but businesses met challenges hiring, with tens of thousands of unemployed US people at home amid childcare problems and generous unemployment checks,...

White House Rebuffs Republican Plan for COVID Funds

On Thursday, the White House dismissed GOP’s plans to fund their suggested infrastructure package with remaining funds designated for the coronavirus epidemic. Jennifer Rene Psaki, White House Press Secretary, stated that they note several constructive additions to the group’s previous...

Mastercard, Microsoft agreed to collaborate with Kamala Harris on Central America Strategy

On Thursday, 12 firms and groups, including Nestle's Nespresso, Microsoft, and Mastercard, described that they would pledge to invest in Central America, a victory for Kamala Harris (Vice President) as she intends to lesser the migration from the area...

Every American state observed unemployment surge in 2020

On Wednesday, the Bureau of Labor Statistics reported that each state and the District of Columbia observed their unemployment rates increased in 2020 due to the pandemic COVID-19, with the maximum surge in Nevada and Hawaii. These western states had...

The UK and EU to cover the extra mile regarding Brexit trade talks

Earlier on Sunday, after a call between leaders, the European Union and the United Kingdom have decided to continue post-Brexit trade negotiations. Ursula von der Leyen (European Commission President) and Boris Johnson said, in a combined statement, that responsible at...

Latest News

Moderna’s COVID-19 Vaccine Holds High Efficacy Against Delta Strain

On Wednesday, Moderna (the gigantic pharmaceutical) published a set of clinical information about its COVID-19 vaccine demonstrating that it...