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Expansion of local and state support program
The Federal Reserve has permitted an expansion of its $500 billion emergency scheme to offer special assistance to state as well as local governments. The proposed expansion will permit all states to [...] Read More
Service sector decreased in May
As per the survey, American service sector declined for a second month in May because of the coronavirus epidemic triggered lockdowns as well as layoffs around the country. This activity did increase [...] Read More
Crude prices drop on concerns of riots
Reportedly, the crude oil prices dropped because of the concerns related to riots in key United States cities that could raised demand after trading larger on confidence that OPEC would enlarge or pro [...] Read More
Surging tensions could be threat for stock
The directive of the United States president Donald Trump is to start the procedure of cancelling special treatment for Hong Kong is suppose to put the tension between the USA and China back in the he [...] Read More
Oil prices drop as fuel demand weakens
According to the latest report, oil prices fell down on Friday after the recent inventory statistics showed lowest US fuel demand in the world’s biggest oil consumer while worsening tensions between U [...] Read More
Banks to face currency rigging action
Recently, the United States judge stated that institutional investors such as BlackRock and Allianz SE’s Pacific investment Management can follow much of their case accusing 15 key banks of currency r [...] Read More
Signing executive order on social media
The president of the United States of America Donald Trump has signed an executive order on social networking firms, the officials of the White House released this report just after the president thre [...] Read More
Joining G7 artificial intelligence group
As per the recent buzz, the United States of America joined an international panel for mounting significant guidelines for the utilization of artificial intelligence group. The administration of [...] Read More
Businesses damaged by pandemic but see positive signs
According to Federal Reserve report, American businesses continued to be hampered by the impacts of the coronavirus pandemic into the middle of May and meanwhile, some anticipated a major recovery des [...] Read More
American Savings Bank to restart three locations
Based on the currently gathered data, American Savings Bank is highly planning to restart its three locations including Wailuku, Prince Kuhio Plaza and Windward City shopping center and meanwhile, ext [...] Read More
Electric vehicle maker to decrease prices
Reportedly, one of the leading electric automaker company Tesla has decline prices of its electric cars by almost six percent in North America following a massive plunge in auto retail sales demand in [...] Read More
Lawmaker wants government to share future business losses
As per the news, American legislation which introduced on Tuesday would generate a taxpayer-supported insurance scheme in order to safeguard businesses from revenue losses during upcoming pandemics an [...] Read More
