US News
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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…
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The US budget ran a $39 billion deficit in January 2023
The US federal government’s budget deficit was $39 billion in January as revenues fell and spending increased. The US budget…
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US manufacturing index at lowest level since 2020
The deterioration in the US manufacturing sector continued in the 5th month. The decrease in orders and production was effective…
