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The fate of Coney Island
8 March 2021
Hoping for the best As City Councilman Mark Treyger pointed out, for the residents and businesses of Brooklyn's Coney Island neighborhood, which he represents, last year was very challenging. He said: "The epidemic and its aftermath led to the local
U.S. new jobs report in February
6 March 2021
New report The Labor Ministry's report of 379,000 new jobs added outside agriculture beat economists' forecast of 182,000. This is more than double the number added in January. Stock indices rose. Major US stock indices rose before the opening of t
US bill for $1.9 trillion in aid under COVID-19 passed the House of Representatives
1 March 2021
COVID-19 bailout bill The US House of Representatives has passed a $1.9 trillion pandemic aid bill put forward by Joe Biden's team. The bill is expected to be approved in the Senate thanks to 50 votes from Democrats. In 
The U.S. labour market has improved
26 February 2021
U.S. unemployment The number of jobless claims in the USA fell sharply last week to a three-month low. Retail sales data, lower COVID-19 cases and vaccination also added to the optimism. However, winter s
The yield on ten-year US government bonds reached its highest in a year
22 February 2021
U.S. government bonds US ten-year government bond yields exceeded 1.37% p.a., reaching their highest level in a year. This was driven by investor fears of an acceleration in the pace of consumer price increases on the back of stronger economic activ
New Yorkers must pay back thousands of dollars in unemployment benefits because of Labor Department mistake
21 February 2021
Department of Labor mistake New Yorkers are facing a problem because of mistakes by the state Department of Labor in paying unemployment benefits. Some recipients had been paid far more than they&nbs
Brent price rose to $63.4 per barrel
15 February 2021
Oil rises in value Oil prices are rising steadily amid rising tensions in the Middle East. The Saudi-led coalition at the weekend announced it had intercepted an explosives-laden drone launched by the Husis towards Abha airport in south-western Saud
Scotch whisky exports down 23%
13 February 2021
Scottish exports Scotch whisky exports fell 23% to 3.8bn pounds in 2020, the lowest in 10 years, due to the coronavirus pandemic and US duties. According to the Scotch Whisky Association, the value of exports to the US, the largest intern
Biden plans to increase the number of refugees by another 110,000 a year
7 February 2021
Free help from the government President Joe Biden has signed an executive order that seeks to overhaul legal immigration to the US that is dependent on social security. Biden's order&
Silver price skyrocket
1 February 2021
Silver prices hit a record high since 2013. This is another manifestation of the retail madness that has been going on for the past week. The news site Reddit, which allows you to post any information you like, posted messages urging private investo
US GDP showed record fall since World War II
31 January 2021
U.S. GDP The US gross domestic product fell by 3.5% last year, the worst since World War II. The US Department of Commerce's Bureau of Economic Analysis said in a report. The report said the economy experienced a significant drop for the
Harriet Tubman to appear on the $20 note
26 January 2021
The $20 note Note replacement project started under Barack Obama but delayed by Trump administration. On Monday, the White House said that it would accelerate plans to replace 20-dollar notes featuring US Presiden
Joe Biden signed decrees to help people with Covid-19
23 January 2021
Help for those affected US President Joe Biden signed two decrees intended to assist those Americans most severely affected by the COVID-19 epidemic. The President ordered the Treasury Department to take steps to speed
U.S. jobless claims down
22 January 2021
Unemployment benefits The results were better than economists predicted, but unemployment is still high due to the ongoing COVID-19 outbreak. coronavirus pandemic. Restaurants, cinemas and entertainment centres ha
The growth of international migration due to the pandemic has slowed down
17 January 2021
Slowdown in migration The rise in international migration rates against the backdrop of the COVID-19 pandemic has slowed down. In 2020, the number of people living outside the countries in which they were born reached 2
US ten-year treasury bond yields climb above 1%
7 January 2021
Treasury bond rises Ten-year US Treasury bond yields (TBY) rose above 1% on Wednesday, marking the first time since March. The yield on ten-year US Treasury bonds rose above 1% on Wednesday, the firs
The U.S. imposes new duties on wine from France and Germany from 12 January
4 January 2021
Duties on spirits US President Donald Trump's administration has announced that it will impose new duties of 25% on wine and spirits from France and Germany, starting on 12 January. This includes the first time duties w
U.S. senators postpone vote to increase payments to Americans
31 December 2021
Vote on payments postponed Republicans in the US Senate blocked a bill passed by the House of Representatives (HOR) to increase payments to Americans from six hundred to two thousand dollars. It is about personal a
Oil prices rose due to reduction in U.S. inventories
30 December 2021
US stockpile cuts and oil price rises Oil rose on Wednesday as hopes of US stimulus and a reduction in US inventories supported prices. Brent crude futures rose 0.18 per cent to $51.18 a barrel, while WTI added 0.33 per cent to $48.16 a barrel. Oi
The U.S. Congress has approved the idea of giving away two thousand dollars each to Americans
29 December 2021
Handing out money The US House of Representatives (HOR) has approved the idea of handing out two thousand dollars each to Americans, with a majority voting in favour of the initiative to increase direct payments to citizens as part of a na
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