Facebook ad blocking
A ban on political advertising imposed before the US presidential election hit paid posts raising awareness about COVID-19. Facebook acknowledged the problem and promised to restore&n...
U.S. stock indices
The US Treasury Secretary Janet Yellen, who called for additional stimulus measures, supported the shares of sectors, which are sensitive to the situation in the economy. Yellen spoke in support of the $1.9 trillion stimulus packa...
Electric cars
The US House of Representatives intends to restore incentives for buyers of electric cars, which could significantly boost sales of manufacturers such as Tesla, GM, Ford and others. The new bill requi...
Rising value of indices
The US stock market surged in trading on Friday, with the S&P 500 and Nasdaq indices reaching record highs. By the end of last week Dow Jones indicator rose by 3.9%, the highest since the week ended November 13, notes Mar...
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&...
U.S. indices
The main US stock indices retreated from Monday's session highs by the close, but the S&P and Nasdaq still ended at record levels. Concerns over the timing and size of the fiscal stimulus have dampened optimism at the start of a wee...
Biden has changed the lives of New York illegals
In the first hours of his presidency, Joe Biden has taken action that will have a broad impact on new immigrants, illegals and families with mixed immigration status across New York City.
Lifting the...
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. stock indicators
US stock indices ended Wednesday's trading at record highs following the inauguration of US President-elect Joe Biden, who became the country's 46th president.
The Dow Jones Industrial Average index rose 257.86 points (0.83 pe...
Unlocking the president's account
Facebook founder Zuckerberg had earlier said that Trump's pages would be blocked until his term as president expires. "The blocking is necessary for a ...
Event ban
On 20 January, events planned outside the White House and Capitol buildings cannot be organised on the social networking site. The company could also temporarily ban Americans from broadcasting and creating groups.
Facebook has imposed ad...
Indices hit record highs
US stock indices jumped to record highs in trading on Friday, ending the first working week of 2021 on the plus side. Investors all but ignored the political tensions in Washington in recent days, focusing on the prospect of...
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...
Congress leaders reach a deal on almost $1 trillion relief bill, Republican Senate Majority Leader Mitch McConnell reported on Sunday.
“More help is on the way,” McConnell said in Senate regarding pandemic aid measures.
The comments pro...
What to expect from the new US Treasury (UST) Secretary
Janet Yellen, former chairman of the Fed, may take over as finance minister after Joe Biden takes over as president. Political experts say that her policy on the US-China trade partnership...
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 ...
The Pennsylvania Court has decided
The Supreme Court of Pennsylvania overturned a lower court decision to suspend the confirmation of the election results. The reason for this was the expiry of the time period within which the st...
Candidates for key positions
Elected President Joe Biden and Kamala Harris elected vice president held an event on Tuesday in Wilmington, Delaware, representing people to be nominated to the highest positions in diplomacy and national security&...
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...
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