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Economy

US government says it has done all it can to reduce fuel prices
7 June 2022
1952
Hearings before the Senate Finance Committee The US government has done all it can to reduce record high fuel prices in the United States. This was the statement made by US Treasury Secretary Janet Yellen on Tuesday. According t
More than 80% of Americans are negative about the state of the US economy
6 June 2022
1929
Statistics from NORC at the University of Chicago An overwhelming majority of American people (at least 83%) believe that the US economy is in poor or deplorable condition, 35% are totally dissatisfied with their financial situation. This is the re
US renews Chevron's license to operate in Venezuela until 1 December 2022
27 May 2022
2316
Chevron in Venezuela The US Treasury Department on Friday announced that it had extended the general licences of US oil and gas company Chevron and four other corporations to do business with Venezuelan state oil compan
US gas prices set a new record
26 May 2022
2304
New record for gasoline costs in US The cost of gasoline at gas stations in the United States on Thursday once again hit an all-time high, reaching $4.6 per gallon (3.785 litres). This is according to updated data from the non-pr
Petrol prices in the US hit another all-time record
20 May 2022
2503
Historic record The cost of gasoline at gas stations in the United States has once again hit an all-time high, reaching $4.593 per gallon (3.785 litres). This is evidenced by data released on Friday by the non-profit American Aut
Petrol prices in the US rise above $4.5 a gallon
17 May 2022
2574
New record The cost of gasoline at gas stations in the US has once again hit an all-time high, reaching $4.523 per gallon (3.785 litres). This is evidenced by data released on Tuesday by the nonprofit American
US GDP declines 1.4% year-on-year in the Q1
28 April 2022
2207
United States economy Gross domestic product (GDP) in the United States declined by 1.4% year-on-year in the Q1 2022. This follows preliminary data released by the US Department of Commerce on Thursday. "Real GDP decli
After Fed minutes: market can expect more losses
7 April 2022
2513
Fed minutes US indices fell on Wed. after the release of the minutes of the Federal Reserve's March meetings this year, which suggest more monetary policy tightening than the market is prepared for. You can read about yesterday's trading on our Glob
Rising gasoline prices in the United States: Joe Biden to speak on 31 March
31 March 2022
2174
Petrol in the US US President Joe Biden will give a speech at the White House on Thursday on measures to combat rising petrol prices in the United States. This is stated in the schedule of the US leader circulated by the White House on Wednesday. B
US inflation reached 7.9% in February
11 March 2022
5764
US inflation The US consumer price index rose by 7.9% in February against forecasts of 7.8%, the biggest annual increase since Jan. 1982. After a jump of 7.5% in January, US cons
US annual inflation accelerated to 7.5% in January
10 February 2022
2409
Inflation in January Annual inflation in the US in January this year rose at the fastest rate in 40 years, up 7.5% from the same period in 2021. In monthly terms, consumer prices rose 0.6%, according to data released by the
Job advertisements in New York will soon include a range of salaries
29 January 2022
2156
Vacancies in New York City The new law requires most of the city's hiring companies to list expected salaries as of May 15. New York City will require employers to include minimum and maximum salaries in job listings starting this spring, a require
Indices on US exchanges fell
19 January 2022
2852
Stock market Key indices on the New York Stock Exchange fell on Tuesday towards the end of the trading session. According to The Wall Street Journal, the decline was dictated by a rise in long-term US government bond yields. The U.S. Dow Jones Indu
Senators propose measures to reduce US dependence on rare earth supplies from China
15 January 2022
2724
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
Unemployment in the US rises again
13 January 2022
6853
US unemployment The number of jobless claims in the USA rose to 230,000 last week against a forecast of 200,000, which some analysts attributed to the COVID-19 Omicron outbreak. The US Department of Labour today published i
Jerome Powell says high inflation hurts US economy
11 January 2022
2890
Inflation in the United States High inflation is becoming a burden on American citizens and is hurting the economy of the United States. US Federal Reserve (Fed) Chairman Jerome Powell
IRS tax filing season begins Jan. 24
11 January 2022
2939
Tax returns The IRS announced on Monday that it will begin accepting personal income tax returns for 2021 on Jan. 24.T he administration has already warned that this will be a "frustrating" period for taxpayers str
The yen is at a one-month low and the euro is falling
29 December 2022
3436
Currency values The euro fell ahead of Wednesday's holiday and the dollar dropped the yen to a one-month low as investors ignored rising demand for Omicron in another bout of risk appetite. Risk-sensitive currencies such as the Australian dollar ro
US running out of funding for Biden’s goal of millions of vaccine jabs worldwide
28 December 2022
3362
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
Lithium prices rise due to demand for electric cars
14 December 2021
2361
Demand for electric vehicles The lithium price index from research firm and price provider Benchmark Mineral Intelligence doubled from May to November and is up around 240% year on year. Th
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