Economy News

U.S. Congress Passes $2.1B for Capitol Police and Afghans

A $2.1 billion bill was passed by the Senate by a vote of 98-0. The House of Representatives then approved…

3 years ago

Stimulus and Vaccines Likely Boosted Q2 US Economic Growth

The pace of U.S. economic growth in Q2 was probably the second fastest in 38 years. This could be attributed…

3 years ago

Biden Eyes Future Digital Project

The Biden administration is set to announce on Tuesday a new plan to expand business ties between U.S. companies and…

3 years ago

ECB sets New Policy amid COVID’s Third-Wave Outbreak

The ECB announced its policymakers would set a new policy path due to COVID-19’s third wave amid surging infections. It…

3 years ago

Russia’s Key Interest Rate Rises to 6.5%

The central bank of Russia raised its key interest rate to 6.5% from 5.5% on Friday. It is the country’s…

3 years ago

U.S. Retailers Prepare for Back-to-school; AAP Mask Policies

As U.S. retailers prepare for Back-to-school, they face challenges including higher production costs and sky-high shipping rates. Additionally, they are…

3 years ago

EU Banks Credit Standards for Loans in Q3; Inflation Target

Surveys have shown that corporate and household loan demand in Europe is likely to surge in the third quarter. The…

3 years ago

Japanese Government Maintains Economic Assessment in July

For a second straight month, Japan’s overall assessment of its economy has remained the same in July. The report showed…

3 years ago

Argentina in Talks with IMF on a New Loan Thrust

An IMF spokesperson revealed on Friday that it is in the middle of talks with the government of Argentina on…

3 years ago

Chinese Economy Disappoints Growth Forecast in Q2

The Chinese economy is hitting the breaks on its growth momentum after disappointing analysts’ estimates. The world’s second-largest economy’s GDP…

3 years ago

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