Economic recovery
Record high retail sales in March and sharply lower jobless claims in the USA show strong positive momentum from mass vaccination in the country, reduced quarantine restrictions and government incentives with direct ...
Testing on Mars
The first flight test of the Ingenuity helicopter, delivered to Mars on board the Perseverance rover, has been postponed and will not take place until April 14. This was rep...
Crime is down
According to the police department, in February the total number of crimes committed in the city was 26.5% lower than a year earlier. This was primarily due to a drop in the number of thefts (down 40.45%) and robberies (down 32.7%).
T...
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...
New report
The Labor Ministry's report of 379,000 new jobs added outside agriculture beat economists' forecast of 182,000. This is more than double the number added in January. Stock indices rose.
Major US stock indices rose before the opening of t...
Hacking attacks
According to Microsoft, hackers used the Exchange Server to try to obtain information from a number of companies in the United States. The corporation believes the Hafnium group, allegedly sponsored by Chinese authorities, is behind ...
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. unemployment
The number of jobless claims in the USA fell sharply last week to a three-month low. Retail sales data, lower COVID-19 cases and vaccination also added to the optimism. However, winter s...
Prisoners need a vaccine too
Governor Andrew Cuomo received two letters, the first from the Legal Aid Society, Brooklyn Defender Services, New York County Defender Services and other pro bono legal a...
Restaurateurs have been given hope
It won't be long before, as Governor Andrew Cuomo said, it will be possible to serve diners on the premises of establishments, which were banned last December to prevent the spread of the coronavirus.
The number o...
Merchants will be given a run for their money
By 34 votes in favour to 13 against, the City Council passed Intro.1116-B, a bill proposed by Democrat Margaret Chin of Manhattan back in 2018 that would increase the street vending licenses issued by th...
U.S. GDP
The US gross domestic product fell by 3.5% last year, the worst since World War II. The US Department of Commerce's Bureau of Economic Analysis said in a report.
The report said the economy experienced a significant drop for the ...
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...
Unemployment benefits
The results were better than economists predicted, but unemployment is still high due to the ongoing COVID-19 outbreak.
coronavirus pandemic. Restaurants, cinemas and entertainment centres ha...
Slowdown in migration
The rise in international migration rates against the backdrop of the COVID-19 pandemic has slowed down. In 2020, the number of people living outside the countries in which they were born reached 2...
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...
U.S. stock indices rise
Major US stock indices rose on Thursday and ended trading at record highs. The Nasdaq ended trading above 13,000 points for the first time.
The US trade deficit in November 2020 widened to its highest since August 2006 at $6...
Stock indices
US stock indices S&P 500 and Dow Jones rose on Wednesday thanks to better-than-expected US jobless claims data and expectations of new stimulus.
Cyclical stocks, which have been hit hardest by the coronavirus restriction...
Frozen business
Workers rioted at the factory over non-payment of wages and lengthened work shifts. They vandalised the company's offices and destroyed equipment. Apple has frozen cooperation until the situation is rectified.
Apple&n...
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