Inflation for the households
Over the past couple of months, Allison, a wife and mother of a toddler and teenager from Chicago, says she's been spending about $50 more each week on groceries to feed her family and that's at the discount supermarket ...
Supply disruptions
America's biggest housebuilders warn that supply chain disruptions caused by COVID-19 are not going away any time soon.
Both DR Horton Inc. and Lennar Corp., two of the biggest homebuilders in the US by market capitalisation, sai...
Home prices records
House prices continue to rise as strong demand is stronger than weak supply.
In America house prices were 16.6% higher than in May last year. This is believed to be the biggest result in the last 30 years of the&n...
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...
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...
The $20 note
Note replacement project started under Barack Obama but delayed by Trump administration.
On Monday, the White House said that it would accelerate plans to replace 20-dollar notes featuring US Presiden...
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...
Removal from power
US Vice President Michael Pence has not ruled out that he may invoke the 25th Amendment to the Constitution, which allows the removal of incumbent President Donald Trump from power. This was reported by CNN, ci...
Vote on payments postponed
Republicans in the US Senate blocked a bill passed by the House of Representatives (HOR) to increase payments to Americans from six hundred to two thousand dollars. It is about personal a...
Handing out money
The US House of Representatives (HOR) has approved the idea of handing out two thousand dollars each to Americans, with a majority voting in favour of the initiative to increase direct payments to citizens as part of a na...
Helping the economy
On Sunday, Democrats and Republicans finally agreed to pass a $900bn package to help the US economy in a pandemic. The new law should be approved by the House, Senate and signed by the White House this week, as the...
Support for the American economy
Previously, the US authorities had already spent $3 trillion on measures to support the economy in the wake of the pandemic.
The U.S. Department Treasury has offered Congress to allocate $916 billion for emerge...
Draft military budget
Members of the U.S. House of Representatives supported the Defense Budget Bill for Fiscal Year 2021 by a majority vote, The Washington Post reports.
In a vote, 335 congressmen supported the bill and 78 voted against it. A simi...
New law
The US House of Representatives has passed a new law according to which companies may be excluded from the US stock exchanges if the regulatory authorities are unable to verify their financial audit.
This week the US House of Representative...
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