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...
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...
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...
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...
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...
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...
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
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Wage hikes
US workers expect one of the biggest pay rises in more than a decade, reflecting an extremely tight labour market and the highest inflation in 30 years.
A Conference Board surve...
Omicron not a threat to the economy
US stock futures are set for a third day of gains as investors bet that the new variant of the COVID-19 virus will not pose a major threat to the economy.
Major futures indices are anticipating a 0.3% rise at the...
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