Congress 2022
US President Joe Biden has admitted that the results of this November's mid-term congressional elections could be challenged if the country fails to reform its electoral law. The US leader s...
The US and China
US senators have introduced an initiative in the upper house of Congress that would reduce US dependence on supplies of rare earth elements from China by restricting their use, as well as creating a str...
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...
Buying back shares
Share buybacks are beneficial to investors because the fewer shares in circulation the more expensive and more valuable they are. 2021 will be the year with $1 trillion in share buybacks in the market.
After the COVID-19 pandemic...
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...
Unruly people on board aircraft
Despite the threat of tens of thousands of dollars of fines, groups of passengers acting erratically during flights, according to the FAA.
The latest FAA data was 7.1 reported incidents per 1...
What a US debt default would mean for the market
Congress is approaching the mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are in a sta...
US stock indices fell sharply on Tuesday
After 10-year treasury bond yields rose to 1.54%, which hit tech growth stocks the hardest. Uncertainty around the raising of the US government debt limit and the risk of a lockdown is causing further worries...
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...
Google and Apple app stores
On Wednesday, the US unveiled the Open Application Marketplaces Act, which aims to increase competition in the app shop market, which is dominated by the Apple Store and Google Play.
The Open Application Market...
Fireworks in New York on Independence Day dedicated to the success in the fight against the pandemic
US Independence Day
Americans celebrated a major bank holidays, US Independence Day, on Sunday. In New York, in light of the success of the coronavirus vaccination, a long-standing tradition was revived w...
Lawsuit against New York authorities
The Trump Organization, a US company owned by former US President Donald Trump, has filed a lawsuit against the New York City authorities for reneging on a golf course maintenance contract following the January i...
New manufacturing plants
General Motors will increase its spending on electric cars, following a similar move by rival Ford, and also plans to open two new battery plants, Reuters reports. GM is counting on the US government to help f...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
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...
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 ...
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....
AirTrain in New York
The long-planned LaGuardia AirTrain is about to become a reality. On what this "air train" will be.
The Federal Aviation Administration (FAA) has completed its review and consultation on the project and said it could move forwa...
Investment in Xiaomi
A court in Washington has temporarily blocked enforcement of a US ban on investments in Chinese company Xiaomi, calling the decision to blacklist the tech giant "deeply flawed". The Wall Street Journal reported this on Friday.
...
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...
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