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...
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...
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...
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...
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...
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...
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...
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...
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...
Helping the economy
On Sunday, Democrats and Republicans finally agreed to pass a $900bn package to help the US economy in a pandemic. The new law should be approved by the House, Senate and signed by the White House this week, as the...
A significant number of citizens has left New York as pandemic outbreak started. Yet, many others with lower earnings have moved into the city instead, study delivered on Tuesday reveals.
All things considered, the city has lost about 70,000 residen...
Support for the American economy
Previously, the US authorities had already spent $3 trillion on measures to support the economy in the wake of the pandemic.
The U.S. Department Treasury has offered Congress to allocate $916 billion for emerge...
Draft military budget
Members of the U.S. House of Representatives supported the Defense Budget Bill for Fiscal Year 2021 by a majority vote, The Washington Post reports.
In a vote, 335 congressmen supported the bill and 78 voted against it. A simi...
The rise in the oil price stopped
On Friday, oil prices continued to rise, but by this morning the information background had noticeably deteriorated.
Weekly statistics from Baker Hughes continue to point to increased drilling activity in the US. L...
What the US military budget will be like
The draft military budget for fiscal year 2021 has been agreed by both chambers of the US Congress.
"Just as the U.S. Congress has done for the last 59 consecutive years, we have reached a bipartisan, bicame...
State of the economy against the backdrop of the pandemic
Economic growth in recent weeks has been minimal or zero in 4 of the 12 US districts against the backdrop of a second wave of coronavirus, the Federal Reserve reported on Wednesday in its Bei...
America and Chinese goods
Joe Biden does not plan to waive the current $200 billion increase in duties on Chinese goods in the near future. The newly elected US President intends to review the Phase 1 trade agreement and develop ...
Rebounding cooperation with the USA
The EU is seeking a new alliance with the United States following the resignation of President Donald Trump, as well as to respond to Chinese challenges, the Financial Times reported.
The newspaper refers to a dr...
Based on its research, Deutsche Bank proposed introducing an additional tax on work from home in the amount of 5% of the employee's salary, if he is not forced to work remotely by Covid-19. As an employee of Deutsche Bank explained, the tax is propos...
Recovery of the United States economy
The Fed can keep rates zero for another three to four years while the US economy recovers and inflation reaches 2% or more.
Charles Evans, President of the Chicago Federal Reserve Bank,...
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