US Economy
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Biden pitches $1.9 trillion corona relief plan; $1400 stimulus payments; support for small businesses
Days before he moves to the White House as the 46th President of the United States, Joe Biden presented a new $1.9 trillion COVID relief plan. America Rescue Plan will give $1400 to individuals as stimulus payment on top...January 15, 2021 828 0 -
In a big year for retail, US holiday sales jump by 4.9%
Pentagon City Mall, Photo: Ben Schumin/Wikimedia Commons Signaling a strong consumer confidence, holiday sales in the United States jumped 4.9 percent this year in a new record for the amount of dollars spent. According to Mastercard...December 27, 2017 2180 0 -
More Americans believe immigrants have positive economic effect
A survey of Americans’ views of immigrant contribution to the U.S. economy reveals that more people believe that inexpensive immigrant workforce brings a positive effect. Releasing the finding of the survey conducted this month, Gallup said...June 30, 2017 1437 0 -
Strong growth created 211,000 jobs in April, unemployment lowest in decade
Continuing an unprecedented streak of economic recovery, the United States added 211,000 jobs to the market in April, leading to a 10-year low unemployment rate at 4.4 percent. The robust job creation contrasts with March’s 79,000....May 6, 2017 1875 0 -
U.S. economy grew at 1.9 percent in the 4th quarter
FEATURED IMAGE shows Houston Ship Channel Barbours, Photo by U.S. Army Corps of Engineers via Wikimedia Commons U.S. economy grew at 1.9 percent of GDP in the fourth quarter of 2016, showing no change from earlier...February 28, 2017 1417 0