The US has been named the most entrepreneurial country in the world in 2021, thanks in no small part to the talent of foreign-born entrepreneurs. However, this title will not last long if the current immigration policy continues, according to the Entepreneur. More than half (55%) of US $1 billion startups...
US prices are rising at their fastest pace since 2008, a key index released May 28 showed, a rise that is sure to keep inflation at the center of economic and political debates, The New York Times writes. Personal consumption expenditure inflation rate...
After months of unsuccessful negotiations, the U.S. Congress has voted for an almost $ 900 billion coronavirus relief package to help American businesses and families affected by the coronavirus pandemic. Writes about this Financial Times. Details about ...
Retailers and US police departments report an increase in theft of essential items such as food and hygiene products, writes The Washington Post. At the start of the pandemic, Joo Park noticed disturbing changes in the market he operates near downtown Washington: ...
After the coronavirus pandemic led to a record drop in production in the second quarter of 2020, the country's summer recovery triggered the largest jump in gross domestic product in history, Business Insider reported. The US gross domestic product grew by 33,1% on an annualized basis ...
While the United States continues to struggle with the economic recession as a consequence of the pandemic, the growing public debt is hardly talked about, writes CNN. Even opponents of the deficit are persuading Washington and the White House to approve yet another round of much-needed economic stimulus. "Federal…
A Commerce Department report on Thursday October 1 showed that consumer spending rose 1,0% in August after rising 1,5% in July, CNBC reported. Economists predicted that consumer spending, which accounts for more than two-thirds of US economic activity, would rise ...
In March, Congress approved an allocation of roughly $ 2,5 trillion to bail out the United States economy hit by the coronavirus pandemic. And it doesn't seem like it will be enough. Republicans and Democrats are trying to agree on the terms of anti-crisis assistance. He writes about what exactly they propose to undertake ...
In the second quarter of 2020, the US economy suffered its worst hit since the Great Depression as the coronavirus crisis slowed the country's economic growth, federal authorities said on Thursday, July 30, writes the New York Post. According to the US Department of Commerce, the gross domestic ...
Washington is increasing spending on the pandemic while tax revenues are falling, MarketWatch reported. Figures: The federal government's budget deficit surged to $ 864 billion in June, breaking a monthly record. This happened after the US authorities issued huge sums of money to try ...