G7 agreement
The G7 countries this weekend signed an agreement on a minimum global tax of 15% for large companies. It is expected to affect companies such as Google and Facebook, and make it harder to evade higher taxes through offshore co...
US defence
US President Joe Biden's administration has requested $752.9bn from Congress for national defence spending, of which $715bn should go to the Pentagon. This was stated in a DOD statement released on Friday.
The DOD stressed that the budge...
US inflation
Recent surveys have shown that Americans are bracing for the highest inflation rate since 2013, according to the New York Fed. Rising prices could slow the pace of the US economic recovery.
Concerns about rising inflation in the US int...
Shares plummet
Moderna (NASDAQ:MRNA) shares tumbled more than 10% at the opening of trading in New York on Thursday on the back of the Biden administration's decision to support a COVID-19 vaccine intellectual...
Trump's personal website
It will host the ex-president's speeches and his supporters will be able to publish them on social networks. However, they will not be able to comment on the material on the new site.
...
Joe Biden's promise
President Joe Biden said on Wednesday that more than 220 million COVID-19 vaccinations have been administered in the US since the start of his presidential term, using the country's three approved coronavirus vaccines.
"After I ...
Tax rate increase
President Joe Biden is preparing to propose next week an increase in the basic tax rate for millionaires, raising it from 20% to 39.6% to fund a new government programme, the American Family Plan, which cou...
Semiconductor industry
Semiconductor manufacturers in the US could receive tax breaks to boost production of chips for the automotive and other equipment industries. Intel is preparing to help supply chips to automakers.
A three...
Digital dollar
Jerome Powell thinks a digital dollar launch is possible, but a decision has not yet been made.
The Federal Reserve (Fed), which serves as the country's central bank, is studying the possibility of launc...
Lithium prices
The world's largest lithium suppliers, China's Ganfeng Lithium and US-based Albemarle, warn that lithium prices will continue to rise as the market becomes increasingly imbalanced between supply and demand.
The world's major lithium ...
Modernising US infrastructure
President Joe Biden is ready to make concessions to political opposition in the US Congress on his ambitious plan to modernise the nation's infrastructure in terms of its funding....
New chip plants in Arizona
Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
Despite the fact that the one-year pandemic throughout the world and America, including, continues, according to a recent poll, Americans look to the future with great optimism and hope.
As more and more vaccines become available, this optimism also...
US inflation
The US Labor Department said on Wednesday that consumer prices in February rose at the fastest rate in six months. Economists forecast core inflation to reach 2.5 per cent in the spring, but said the increa...
Falling again
The Fed chairman did not express concern that Treasury yields are at their highest level since the start of the pandemic. Investors, in turn, are concerned about this Fed stance because of the risks of inflatio...
US indices fall
Technology stocks declined on Wednesday and the preceding days, while stocks in the financial, industrial and other sectors, which could rise after a pandemic, increased.
Major US stock indices fell sharply on Wednesday, continuing ...
Record rise since June
US stock indices jumped in trading on Monday, with the Standard Poor's 500 having its best session in about nine months amid a halt in rising government bond yields.
The Dow Jones Industrial Average rose 6...
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 ...
Immigrants in the U.S.
Faced with pressure from progressive supporters to deliver on immigration policy promises, the Biden administration is reportedly planning to buy plane tickets and take illegal immi...
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...
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