US News
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Meta, formerly known as Facebook, to lay off an additional 10,000 employees following previous job cuts in November.
Mark Zuckerberg, the CEO of Meta, announced on Tuesday that the company is planning to reduce its workforce by 10,000…
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Following Bank Failures, Mortgage Rates Experience a Significant Decline
On Monday, the average rate for the popular 30-year fixed mortgage decreased to 6.57%, as reported by Mortgage News Daily.…
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Biden’s budget plans to cut the deficit by $3 trillion in the next ten years by imposing a minimum tax of 25% on the richest Americans.
President Biden’s budget proposal, which includes raising revenue by increasing taxes on oil and gas companies and the corporate tax…
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Trump has reportedly proposed the creation of 10 futuristic “Freedom Cities,” like cartoon show “The Jetsons”.
Donald Trump, a former U.S. president and potential candidate for the 2024 election, has announced a plan to build 10…
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General Motors has announced that it will lay off 500 salaried employees as part of its ongoing restructuring efforts
General Motors is implementing a cost-cutting strategy by reducing its salaried workforce, a move that is in line with similar…
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Fed’s Mester has expressed optimism that the current inflationary pressures can be resolved without a recession.
Cleveland Federal Reserve President Loretta Mester believes that in order to bring inflation levels back to acceptable rates, interest rates…
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Surprise decline in unemployment benefits applications in the USA
Unemployment claims in the US fell to a four-week low, contrary to expectations, to 192 thousand, pointing to the strength…
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Used home sales continue to decline in the US
Second-hand home sales in the US fell 0.7 percent month-on-month in January, the lowest level since 2010. @gettyımages National Association…
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US household debt reaches $16.9 trillion
In the last quarter of 2022, household debt in the USA increased by 2.4 percent compared to the previous quarter…
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World-famous singer Rihanna returns to the stage with Super Bowl halftime show
World-famous American singer Rihanna, who has won the Grammy Awards 9 times so far, will return to the stage in…
