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The Metropolitan Transportation Authority said that the volume of services could be reduced to 40% and the authorities have repeatedly called on the government to help with finances, as the Kovid-19 pandemic has deprived ...
Federal Reserve asked to provide tax assistance to America
With the expiration of the key provisions of the 2.2 trillion dollars CARES Act, which Congress extended in March, the Federal Reserve Board is once again hoping for it as the main economic ...
The company that develops the coronavirus vaccine has announced its annual forecast and has named the month when the vaccine will be ready for use. They also answered what would happen next with the company's shares.
Pfizer shares
Pfizer shares fel...
Well-known investors are closing funds
Everyone is currently struggling with the 2020 crisis against the backdrop of the COVID-19 pandemic, even well-known investors. The article will tell you what investors themselves think about this.
The pandemi...
Real estate is becoming more expensive
The decrease in real estate sales volume, which was observed for 3 months due to the decrease in general economic activity, was the reason that in May this year S&P CoreLogic Case-Shiller National Home Pric...
Banks started offering a new type of account
A huge number of consumers are unable to cash a cheque or visit an ATM because they are not customers of ordinary banks.
Consumers are not the owners of bank accounts and the reason for this is the lack ...
The reduction in payments to the Mayor and his subordinates will save approximately $1 million
The current Coronovirus theme is still unique, and the city of New York needs help to deal with its city budget deficit. The article will talk about what ...
Steven Mnuchin and Nancy Pelosi will resume a major COVID incentive deal over the weekend
Pelosi said that she thinks there maybe an agreement from the White House soon. As part of the negotiations, they got what they wanted. The committees will con...
Raphael Bostic presented solutions to the racial economic consequences of the pandemic
Earlier this week, Raphael Bostic said that the Federal Reserve is an important part of the solution to the racial economic disparities caused by the COVID-19 pan...
Economist Timme Shpakman says that the EU economy could suffer from the transition to a new phase of relations with the UK without an agreement on what the relationship should be.
"Brexit's economic impact without a deal on ...
American oil, gas and chemical companies axed 107,000 workers during the coronavirus crisis — and most of them won’t have their jobs back by the end of next year, a new study says.
Those job cuts imposed over just six months, from March ...
The economy’s rebound showed signs of stagnating. Then enhanced unemployment benefits and a small-business loan program expired.
America’s economic recovery is in an uneasy pause, with key indicators of hiring, shopping and investment st...
Providing more aid to struggling governments has become one of the biggest issues tangling up the debate over another pandemic rescue package.
The U.S. economy struggled to shake off the last recession, with historically slow growth and a labor mark...
Confidence in the economic recovery has been called into question by investors. US markets on Wednesday lost more than 2.6%, and Hong Kong indices are falling. However, there are several notable exceptions.
The Shanghai Stock Exchange 50 blue-chip i...
The Trump administration plans to continue its aggressive trade tactics this year by pushing for a “broader reset” of the tariffs set at the World Trade Organization, a top trade official plans to tell Congress in testimony on W...
The US Congress has passed a new Covid-19 relief package totalling $484bn (£391bn), the fourth aid bill to clear Congress in response to the pandemic.
The legislation, approved 388-5 by the House of Representatives, tops up a small business ai...
New York/Hong Kong (CNN Business)US oil prices crashed Monday to a 21-year low as the market continues to be roiled by an epic collapse in demand caused by the coronavirus pandemic. Global stocks are mixed as investors brace for more companies t...
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