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,...
Risky currencies are growing
Risk-sensitive currencies are strengthening on Tuesday after incumbent US President Donald Trump agreed to begin the transfer of power to President-elect Joe Biden, and with the expected appointment of Janet Yellen as Fi...
Termination of the Fed lending programme
Dow Jones and the S&P 500 have declined following Steven Mnuchin's announcement that key lending programmes will expire on 31 December as most of the funding has not been used by businesses and should be ...
the oil storage facility is being re-filled
The oil reservoirs in America's most important crude oil storage facility, Cushing, are being filled to the brim again, Bloomberg reports. The reserves&nbs...
Price of gold
After positive news from the front of the fight against COVID-19 from the largest pharmacists, investors have begun to reduce their stocks of "safe haven" gold, as the hope of winning over the virus, and with it the appetite for risk, ...
Growth in global debt
Global debt grew rapidly in the first nine months of 2020 and, according to IIF, increased by $15 trillion compared to the same period last year.
Global government and com...
Fine duties on goods
Against the backdrop of many years of conflict with the United States over subsidies to Boeing and Airbus aircraft manufacturers, the European Union will impose penalties on American products. On Monday, 9 No...
The Fed acts with caution until the results of the American presidential election
On Thursday, Fed Chairman Jerome Powell spoke after a meeting of the Federal Open Market Committee (FOMC), reporting on the Central Bank's position...
Bitcoin may cost as in 2017
This is the third attempt by Bitcoin to overcome key resistance at current levels in recent days. On 2 November, the crypt currency was rolled back to $13,300, which used to be a resistance, now acting as support.
The ri...
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