Pelosi knocks White House fallback plan on debt limit, putting pressure on late-stage budget talks
Just a few days before Congress meeting ends for the rest of the summer, Nancy Pelosi and Steven Mnuchin spoke on Monday while…
Category: Business
US draft bill seeks to ban big tech from taking over economy with private cryptocurrencies
The United States lawmakers are now drafting a new bill in order to prevent big tech companies from taking over the financial sector…
U.S. government posts $8 billion deficit in June
The United States government budget gap declined majorly to $8bn in June this year from $75bn in same month previous year, as per…
Harvard Suspends Roland Fryer, Star Economist, After Sexual Harassment Claims
Roland G. Fryer, a celebrated economics professor at the Harvard University has been suspended for a period of 2 years, effective immediately, after…
$15 minimum wage would boost pay for 17 million but 1.3 million would lose their jobs, CBO says
Raising workers wages to $15 minimum per hour would offer several Americans a hike but at the same time would also result in…
Japan machinery orders fall most in eight months in worrying sign for economy
Japan’s machinery orders have fallen down majorly over the last 8 months- a worrying signal which showcases that worldwide trade tensions indeed are…
When Seeking Alternative Financial Solutions, Investors Are Learning Commodities Trading
For those looking for somewhere to park their money or seeking alternative financial solutions, commodities trading isn’t the first one that comes to…