Trump's social network
The social network initiated by former US President Donald Trump will be launched at the end of February. This is according to data posted on the AppStore.
Trump announced the creation of the TRUTH So...
The United States is running out of money to fund the Biden administration’s goal of vaccinating millions of people across the world against COVID-19 by the middle of next year, according to a new report.
In September, Whi...
Market on holiday
US stock indices ended the shortened week with an increase.
The stock and bond markets will be closed on Friday, Christmas Eve.
There will also be no futures trading on Friday. Trading will resume Sunday at 6 p.m. ET.
Asian stoc...
Help for New York City
New York City Mayor Bill de Blasio appealed to U.S. President Joe Biden on Sunday for urgent aid to the metropolis due to a spike in COVID-19 infections there. The reporting Politico newspaper noted th...
Boeing 737 Max in China
Boeing (BA) shares could soon rise market analysts say, pointing to the fact that the Civil Aviation Administration of China has issued an airworthiness directive for Boeing 737 MAX aircraft...
New strain and the economy
US stock indices fell before the opening of trading on Tuesday after Fed Chairman Jerome Powell said risks to the economy, the labour market and inflation could become more difficult with...
High prices for utilities
According to the Pennsylvania Utility Commission (PUC), there are areas in Pennsylvania where energy costs are rising by 50%.
"Most regulated electricity generators in Penn...
Shop small
The White House is urging Americans to shop Saturday for small businesses after nearly two years of a coronavirus pandemic.
Since the first cases of COVID-19 began appearing in the U.S. in 2020, small businesses have worked&nbs...
The future of the stock market
President Joe Biden has reappointed current Chairman Jerome Powell to head the Fed for the next 4 years. Experts say that this will generally have a positive effect on the market, alt...
Booster vaccines
The FDA and CDC in the US on Friday approved Pfizer (PFE)/BioNTech (BNTX) and Moderna (MRNA) booster vaccines against COVID-19 for all adults in the US. Revaccination with J&...
Government contract for Pfizer
Shares in Pfizer (PFE) have risen amid reports that the US government has ordered 10 million courses of treatment with its Pfizer Paxlovid tablets for COVID-19.
President Joe Biden said o...
Musk Sells 10% of Tesla
Tesla (TSLA) shares fell sharply on Monday after Elon Musk tweeted about selling a large stake of his stock to pay taxes. Market analysts see no reason to sell Tesla stock to retail investors, instead pointing to a good buyin...
Tax hike bill
A top Democrat in the House has questioned a new Senate plan to tax the unrealized capital gains of billionaires and other ultra-high earners, arguing that the proposal may be...
Increase in national debt
The Senate on Thursday approved a bill that raises the US national debt limit by $480 billion, but this funding will be exhausted by 3 December. A long-term bill is due to be decided in Decembe...
Chances of Jerome Powell staying on for a second term
Last week, Fed Chair Powell came under heavy criticism from Senator Elizabeth Warren. Market forecasts showed Powell's chances of reappointment declining. Here's wha...
TikTok active users
TikTok has officially surpassed 10 billion monthly active users worldwide.
The popularity of this short video app, owned by ByteDance, a Chinese business technology, has exploded since its launch in...
Tax on share buy-backs
Democrats in the US Congress want to impose a 2% tax on share buy-backs by companies to raise $270bn to fund the $3.5 trillion welfare bill.
On Friday, two senior Democrats in the US Senate introduced a proposal to impose a 2...
To resign
New York Governor Andrew Cuomo's closest aide Melissa Derosa has resigned after prosecutors found evidence of sexual harassment by the state chief.
Melissa Derosa said: "It has been an honour to serve the people of my ...
Infrastructure bill
US stock indices rose significantly before the opening of trading on Monday as investors welcomed the expected imminent passage of a bipartisan bill that would allow the US to spend a record amount on infrastr...
Vaccine for private companies
US authorities are studying the possibility of introducing compulsory vaccination at the federal level. The head of the US Centers for Disease Control and Prevention (CDC), Rochelle Walensky, told Fox News on Friday.
T...
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