A week before the “imminent catastrophe”… Where did the US debt negotiations reach?
After a pause that lasted several hours, Republican leaders from within Congress resumed discussions with the White House, hoping to ...
Tag: America’s economy
The Biden administration warns of a recession and the loss of millions of jobs in the event of a default
For weeks, politicians, bankers and the White House have been warning that the US is on the verge of a ...
The struggle of chips.. How does Washington push Korean companies into confrontation?
This comes at a time when Washington is seeking to impose a suffocating blockade on Beijing. In this regard, the ...
With $ 100 billion out of its deposits.. Will the First Republic renew the crisis of America’s banks?
First Republic Bank, which ranked fourteenth in the list of the largest US commercial banks at the end of 2022, ...
Yellen: Washington wants “constructive and fair” economic relations with Beijing
The speech, which Yellen will deliver at Johns Hopkins University in Washington, comes as tensions remain high between the world's ...
The US President warns… Reducing federal spending will harm millions of Americans
The top Republican in the US House of Representatives, Kevin McCarthy, officially revealed the details of the plan earlier in ...
In his State of the Union address, Biden accuses major oil companies of making “obscene profits.”
"Last year they made $200 billion in profits in the midst of a global energy crisis. I think that's obscene," ...
Petroleum Institute: US oil inventories fell by 7.8 million barrels last week
The data showed that crude oil inventories in the United States of America fell by 7.85 million barrels in the ...
The true measure of inflation reveals the failure of the US Federal Reserve to curb it
According to data last August, shelter and rental costs rose 0.7 percent, the highest level in one month since 1991, ...
US Treasury yields hit new highs as inflation fears persist
And the yields of the benchmark 10-year treasury bonds rose yesterday evening to 3.108 percent, the highest level since the ...
