Tuesday, January 31, 2023

Economy

US President Signed $1.66T Federal Govt. Spending Legislation

On Thursday, the White House stated that U.S. President Joseph R. Biden signed a USD 1.7T spending package to fund the federal departments and agencies for the Fiscal Year 2023. He signed the spending bill, which Congress approved last...

US Employment Growth Slows as Lawmakers Fight Inflation

The American business and companies slowed their recruiting in September 2022 but still generated a solid 263K vacancies, a dose of good information that might mean the U.S. central banking system’s drive to simmer down the labor market and...

American Unemployed Insurance Claims Rose for Second Week

The United States Department of Labor (DOL) said that the number of US jobless insurance claims increased for the consecutive two weeks and remained nearer to the level observed since November 2021, indicating more easing of the labor market...

American Employers Created 528000 Jobs In July

According to the U.S. Bureau of Labor Statistics, American firms generated 528000 jobs in July. That far surpassed economist hopes for gains of additional jobs during the time. In addition, the Department added that it was a jump from...

President Biden Asked Congress for $33B for Ukraine In New Aid

On Thursday, Joe Biden, the American President, asked the United States Congress for 33 Bn dollars in further assistance for embattled Ukraine to help Ukrainian forces effectively resist the brutal assaults of Putin-led aggressive troops over the coming five...

SC Won’t Hear Case on Cap to State, Local Tax Deductions

On Monday, the Supreme Court of the U.S. rejected a bid by four Democratic-leaning U.S. States – New York, Maryland, New Jersey, and Connecticut – to overturn a $10K cap on federal tax deductions for local and state taxes...

United States Announces $800M in Security Support for Ukraine

On Wednesday, the United States President told Volodymyr Zelenskyy, the Ukrainian President, who suddenly emerged as a convincing war leader, that America was sending Ukrainian people and forces an additional 800M dollars in military and security aid. It appears...

US Senate Struggles on Popular Bill to Punish Moscow

The measure is so general that Joe Biden, the US President, and 424 members of the bitterly split House of Representatives support it. But the United States Senate is sputtering, grappling with exploring the time and consensus to block...

Democrats Set for Confrontation with GOPs by Asking Broader Emergency Funding for Ukraine

GOPs and Democrats on the United States Capitol are set for a confrontation over coronavirus relief aid that threatens to hold up greatly needed assistance to Ukrainian forces and people as the state continues resistance for its survival against...

US Senate Passes Stopgap Bill to Extend Federal Govt. Funding Through 11 March

On Thursday, the United States Senate voted 65-27 to pass a stopgap measure to prevent a shutdown at the week's end before an imminent Friday deadline when federal administration funding has set to expire. Last week, the House of...

Latest News

N.Korea Slams US’ Decision to Provide M1 Abram Tanks to Kyiv

The North Korean leader’s influential sister, Kim Yo Jong, has condemned the decision made by Washington to arm Ukraine...