Catastrophic unemployment and large-scale crisis: how a pandemic affects the economy of the United States and the world

The coronavirus, which spread from China, has already infected more than 300 people worldwide. However, the spread of the disease has also extremely seriously affected the economies of different countries around the world, writes the BBC. The Organization for Economic Cooperation and Development has already stated that the world ...

4 Trump Administration Decisions That Boost US Economy

A representative of the US Treasury Department says that US President Donald Trump's economic freedom program is key to the success and prosperity of the United States, writes Fox Business. According to the official, the whole point is that the Trump administration has “four pillars” of economic freedom.…

'Economy under Trump has shown unprecedented growth': is it really so

US President Donald Trump often says that the American economy is at a historic peak and has “never felt as good as it does right now.” Is this true or not? BBC Reality Check verdict: The US economy is now…

JP Morgan: more immigrants needed to grow US economy

According to an expert at JP Morgan, the world's largest economy is not growing fast enough, and soon the United States will face a serious labor shortage. More immigrants, he said, could help make up the difference. Writes about this Fox Business. “Since 2012, the baby boom generation ...

How will the trade war announced by the US affect US?

A major trade war is brewing between Europe and the United States. The parties intend to exchange blows of duties and barrage tariffs. Business on two continents is preparing for the worst, while foreign countries are taking a defensive position: the Trans-Pacific Trade Agreement was first signed without the participation of the United States, and the EU Executive Board politically sanctioned ...

Trump has promised to do away with "chain immigration"

US President Donald Trump said that his administration was able to achieve "incredible results" in reviving the country's economy, and also promised to end "chain immigration". He stated this in his next weekly address to the Americans, according to CBS. “Last week the Dow ...

10 Top Facts About the American Economy

How many Americans, on average, are unable to find a job? How fast is the US economy? Answers to these and other questions are offered in their CNN Money review. Unemployment Rate At the height of the global financial crisis, one in ten US residents could not find a job. ...

NYT: How Bill DeBlasio Changed New York

Mayor Bill de Blasio was elected by New Yorkers in November 2014. Then opponents of the Democratic candidate said that de Blasio would not cope with the problems of the city. And now the journalists of the influential newspaper nytimes.com have found out that the mayor is actually proving his right ...

Unemployment in the USA: the lowest in 8 years

The US unemployment rate fell to 4,9% in January, setting the lowest level in the last 8 years. After 2008, this figure was always above the 5% mark. “This is compelling data that sends optimistic signals to the [US] economy,” CNN quoted...

Jobs in the US are increasing, unemployment has halved

American employers created 292 thousand new jobs in December - more than last year only in October. And the unemployment rate has reportedly halved over the past 12 months. As stated in the report of the US Department of Labor based on the results of 2015,...

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