The US dollar index (DXY) is under pressure today even after strong real estate starts and structure licenses information. Building allows increased by 18.8% in July while real estate begins broadened by 22.6%. Analysts point out the stimulus talks, open-ended QE, covid-19 cases, and upcoming elections for USD weak point. The...
The second round of the stimulus check amounting to 2000 USD got the approval of the House. The increased amount as proposed by President Donald Trump got the support of the members of the Democratic party. It was President Trump who wanted the amount to be directly paid to...
The relief bill for Covid was issued by the group of bipartisan senators on Monday which seems to be helpful with the unemployment benefits although it is temporary in nature. In case the ongoing relief package is passed, it will be the very first one since the time the CARES...
On Tuesday, the wireless industry requested President Trump not to endorse any claims to nationalize the infrastructure for a 5G network. This came right after Pentagon’s recent engagements with the telecommunications giants. Wireless telecommunication groups suggest that a move to nationalize 5G network would be damaging to the investment and...
The Governor of Hawaii, David Ige, made an announcement according to which he will a majority of the state workers. This announcement was made this Wednesday. The furlough plan will be initiated from coming January, and twice a month. The indefinite continuation of the off-unpaid-days will result in a pay...
Regardless of Russia recently transferring its first major legislation devoted to cryptocurrencies, the country’s key bank proceeds to treat the industry as a criminal area. Sergei Shvetsov, the first deputy governor at the lender of The ussr, has voiced the bank’s negative position towards crypto investment. He compared cryptocurrency with...
The economy of the US seems to be at a risky place right now. It is all in the hands of Congress to save the national economy. There is a fat chance for the country to go through a double-dip recession if there is no COVID-19 relief aid made...
There’s only one reliable way to make sure that your wealth doesn’t just stay stagnant in a bank account for years at a time. If you want to take your cash and help it grow, then you need to figure out a way to reliably invest. You can do...
Yahoo Finance's Rick Newman looks at the economy under President Trump.
Elon Musk is the current richest personality on Earth. Before him, it was Jeff Bezos, the CEO of Amazon. The net worth of the CEO and the founder of SpaceX, Elon Musk, is over 185 billion USD. According to the reports of the media, the reason for his success is...