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...
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...
Cyber Monday is here and the biggest online retailer Amazon is ready with its sales galore. Let’s see how the second massive shopping holiday is going down. Cyber Monday Deals On Amazon Devices 1. The Echo Flex is a tiny smart speaker that you can add even to a very small...
Fitch Reports issued a report on Monday that the presidential election of the US will be closely monitored by the credit ratings firm for ‘any departure’ from the orderly transfer of powers of America’s history. Not only will the faith in a democracy be hampered, but a chaotic presidential election...
In a major business reorganizational move, Disney announced on Monday that its media and entertainment section will now start focusing on ‘streaming,’ and chalk out strategies to enhance its growth.  After the news was declared, the stocks of Disney went up by 5%.  Disney’s New Strategy- Expert Opinion Commenting on the stock-rise,...
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...
On Tuesday, Jude Amy Coney Barrett said that the challenge facing the ACA (Affordable Care Act) will be considered in the Supreme Court on November 10. And earlier judgments will not factor in this decision. Landmark Precedents Not To Have An Impact On ACA Ruling There have been two landmark cases...
The coronavirus pandemic has hit hard on the global economy. The severe contraction in the global economy faced in 2020 can only be reversed by a strong comeback in 2021. But the International Monetary Fund (IMF) announced on Tuesday that the recovery process might not be that easy. The IMF...
According to Brian Bethune, an economics teacher at Boston College and Tufts University, and the winner of the September’s Forecaster of the Month competition; The US could have saved its economy from going into recession only if the ‘25-cent solution,’ as referred to by Bethune, was adopted.  What’s the 25-cent...
US inflation soared high in September as the prices of used goods and cars sky-rocketed, the most one has seen in 51 years. Consumer inflation which increased slowly in the last four months indicated that the impact of COVID-19 on the cost of goods and services is beginning to...