The number of applications for unemployment benefits totaled 1,48 million last week (June 15-21). This indicator remains high. But the total number of people currently receiving benefits fell below 20 million for the first time in 2 months ...
The world's largest American economy is rapidly recovering from the coronavirus-induced recession. Politicians rejoice: the crisis is over before it starts. Economists warn that there is nothing to celebrate, everything is very shaky, and if the money therapy is interrupted ahead of time, the scars will not heal an entire generation. The BBC writes about it. ...
The record economic growth ended before the coronavirus pandemic was declared a national emergency, writes Fox News. The US economy may have entered a recession even before the federal government began issuing strict guidelines related to restrictions due to coronavirus and ...
This opinion is shared in the White House, writes Voice of America. There are more and more trucks. Flight and hotel bookings are up slightly. The number of mortgage applications is growing. More and more people are applying to open new businesses, the Wall Street Journal reports. Home…
The U.S. economy has largely stalled due to the coronavirus pandemic, posting its worst performance in more than a decade in the first quarter of 2020, but the dismal performance reflects only a fraction of the damage to come. The country's gross domestic product (the value of all goods ...
U.S. President Donald Trump and Congress approve unprecedented government spending over the coronavirus. According to forecasts, the amount could reach a record $ 5 trillion in annual budget deficits, writes Fox News. Even with inflation, no modern administration from Roosevelt to Obama ...
US President Donald Trump named Russia and Saudi Arabia as the reasons for the collapse of the American stock market. He stated this on his Twitter account, Vedomosti writes. Among other reasons for the fall, the American leader named “fake news.” To the collapse of world oil prices...
Over the past two decades, American opinion of immigrants has changed to a more positive one. According to a 2019 Gallup Poll, only 23% of Americans consider immigrants a serious problem for the United States, which is less than in previous years, writes Wallet Hub. IN…
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…
The United States may go for tax cuts and the abolition of a number of duties due to the risk of a recession, the NYT and WP found out. According to them, despite Trump's statements about the excellent state of the economy, the White House began to prepare for a decline. The White House began to develop measures ...