Economy News - Gossibox

Reflecting on the Pivotal Moments: Top News Stories in the United States in 2023...

As we bid farewell to 2023, these pivotal moments and ongoing developments serve as a testament to the resilience, adaptability, and collective aspirations of the American people.

More than half of Americans say they do not have enough savings for retirement: survey...

In the midst of a high and sustained inflation rate, Americans who are already approaching their retirement stage anticipate that they do not have enough savings for a decent retirement

Biden heads to New Delhi to attend G20 as global tensions rise...

Russia's war in Ukraine, climate change, the economy and outcomes for developing countries will be top issues for the US president when meet other world leaders

Mortgage rates in the US rise close to 7% for the third consecutive week...

By the end of the second week of August, the US 30-year fixed mortgage rate increased to 6.96%, further prolonging the challenges that this represents for the real estate market.

Thousands of Los Angeles City Workers Prepare for One-Day Strike...

Workers gather at 11:00 am in front of City Hall to celebrate a march and a rally; among the employees participating in the work stoppage are health workers and traffic

Researchers say that extreme heat costs the US more than $100 billion dollars annually...

Specialists say that high heat waves affect productivity and therefore the country's economy, and exposed workers can suffer injuries.

Mexican peso opens strongly against the dollar for the second week...

The Mexican peso maintains its winning streak against the United States dollar, opening the week with a slight gain compared to last week, when it already had broken the barrier

UPS proposes 'significant' wage increase to truckers amid strike threat from...

The contract is due to end this month and the UPS truckers union expects the deal to come to fruition on wages and security measures.

Economic growth in the US was faster than expected in the first quarter...

The report by the Department of Commerce showed that Americans spent more on services and less on goods during the first months of the year

Biden Puts the Economy at the Center of His 2024 Election Campaign...

President Joe Biden is promoting biden omics, a policy of boosting the economy focused on the middle class that will be a centerpiece of his campaign in the 2024 elections.

Crime takes control of Los Altos de Jalisco...

Los Altos, two of the 12 regions of the state, left many of the almost 48,000 migrants from Jalisco that the National Institute of Statistics and Geography counted in 2020

DeSantis will launch his new immigration policy proposals next week...

The electoral campaign of Ron DeSantis announced that the Republican candidate for president in the 2024 elections will make the announcement of his immigration policy next Monday from the border

High-speed train Miami-Orlando will enter service on September 1...

The 235-mile (378 km) rail axis will connect downtown Miami with Orlando International Airport, with stops in Aventura, Fort Lauderdale, Boca Raton and Palm Beach.

Caravan from California to Florida announced against anti-immigrant law SB 1718...

En to show immigrants that they are not alone and warn that they will file lawsuits to block their impact.

International Day of Family Remittances: Mexico leads the list as the largest recipient in Latin America...

More than $58 billion dollars were sent to Mexico in remittances in 2022. Guatemala, Honduras and Brazil are also part of the list of the main countries in Latin America

The commercial real estate market could face a fall of up to 40%: why...

Between April and December of this year, 35% of commercial mortgages will expire, an estimated $1.5 trillion in debt

China will make history and send a civilian into space for the first time...

Aeronautics professor and payload expert Gui Haichao will be part of the Shenzhou 16 crew that will take off next Tuesday to the Tiangong space station.

G7: Ukraine dominates last day of 'successful' summit...

Ukrainian President Volodymyr Zelensky took center stage on the last day of the G7 summit in Japan as leaders pledged a unified approach to tackling Russia and China.

The United States is in danger of recession for two years, warns the White House...

The negotiation on the United States debt ceiling is at a standstill and the Biden Administration warns that, if an agreement is not reached.

Why is the Mexican 'superpeso' the most liquid currency in Latin America...

A few days ago, the Mexican peso reached its highest level against the dollar in the last seven years and its liquidity is a sign that the currency generates confidence

In the United States, the mere word 'social' produces terror: Hernan Diaz, Argentine writer who won the Pulitz...

The Argentine writer, who has lived in New York for 25 years, talks about his novel about great fortunes

Borrowing money in the United States is becoming more difficult: why...

The deterioration of the value of the guarantees, the economic uncertainty, among other factors are making lenders tighten their lending regulations even more

More US banks are tightening their lending standards, according to a new Fed report...

The president of the Federal Reserve, Jerome Powell, had already anticipated that credit conditions would become more stringent for households and companies

Americans Brace for Higher Inflation in Coming Years, Fed Survey Says...

Although the Federal Reserve is doing its part to control inflation and bring it to 2%, many Americans assure that in the coming years the prices of some services will

The right achieves a broad electoral victory in Chile and will command the draft of the new Constitution...

The right-wing formations obtain a key triumph in the low hours of the Boric government and ensure broad autonomy to draft the new Magna Carta.

Homeless encampment puts thriving Austin businesses at risk...

Apparently, there is not a sufficiently robust legislation that punishes groups of people literally entrenched in public areas where the passage of passers-by is hindered.

43 Republican senators vow to oppose raising the debt ceiling without spending cuts...

More than 40 Republican senators vowed in a letter to oppose 'any bill that raises the debt ceiling without substantive spending and budget reforms.'

President Biden Arrives in Ottawa on First Official Visit to Canada...

Biden to Highlight US-Canada Unity on First Presidential Trip to Ottawa

Amazon will reduce the salary of its corporate employees in the US by up to 50 percent...

This year, Amazon corporate employees will see their salaries cut due to the precipitous drop in the value of their shares during 2022; according to an internal report, the reductions

They propose payment of resident in community colleges to border students...

Assemblyman from San Diego sees in the border youth on the Mexican side a professional source of employment necessary for the future of California

McDonald's announces layoffs by 2023 in the United States...

The wave of corporate layoffs in the United States has caught up with McDonald's, whose CEO, Chris Kempczinski, announced this week that the company will have to make “difficult decisions”

What it means for India and the world that the country surpasses China and becomes the most populous country by 2023...

The UN predicts that by mid-April next the South Asian giant will have 1.425 million inhabitants.

The 3 technological trends that will dominate 2023 and that you have to know...

Technological developments do not stop and the technological trends that will dominate in 2023 are already taking shape

Tax return 2022: which forms you should consider yes or yes according to the IRS...

Having organization in the forms that you must have yes or yes in your next tax return 2022 can save you headaches and clarifications from the IRS due to incomplete

Sam Bankman-Fried, Founder of Cryptocurrency Exchange FTX Arrested in Bahamas...

The United States Securities and Exchange Commission accuses Sam Bankman-Fried of 'orchestrating a scheme to defraud investors' in the failed cryptocurrency exchange FTX.

What are the 10 most and least prosperous US states in 2022...

A recent study revealed which are the most prosperous and least prosperous US states in 2022. Most of the least prosperous states were located in the southeast, while half of

Crowd of migrants who crossed the border by force and assaulted 2 officers were led by US activist...

The American activist Roberto Marquez was identified as the instigator of the crowd of Venezuelan immigrants who forcibly crossed the border into El Paso where two Border Patrol officers were

ULA measure: a tax when selling million-dollar properties to finance homes at low prices...

ULA measure to apply an additional tax to properties that are sold for more than $5 million to allocate them to the construction of affordable housing and prevent homelessness in

Survey in Florida affirms that more Latinos align with the Republican Party...

Both issues coincide with the top priorities of Hispanic voters in the country, and in a state where 14.4 million voters are registered as of September 30.

Consumers spend and pay despite high rates and recession threats, Bank of America report says...

Bank of America's quarterly earnings report shows that if there is a recession, it has yet to reach the budgets of millions of Americans, whose spending remains resilient despite high

Biden Marijuana Executive Action Could Impact November Voting...

This initiative would pardon all federal crimes for marijuana possession, which would benefit thousands of Americans and could be key for the Democratic Party in the midterm elections.

What is Biden's biotech plan and why is it important for the US economy...

With the Science Act and CHIPS, the Biden Administration is driving the first investments with a biotechnology plan that will benefit the US on several fronts, including improving the supply

Argentina Vice President Cristina Fernandez skipped Assassination due to malfunction in weapon...

Fernando Andre Sabag Montiel, an alleged gunman of Brazilian nationality, pulled the trigger near the head of Argentina Vice President Cristina Fernandez, but the gun did not fire, authorities say

New Delhi demolishes two illegal 30 plus story skyscrapers...

The demolition of the two housing towers, one hundred meters high, was broadcast live to great expectation. It is an unusual example of firmness of the authorities before promoters and

Government of Cuba begins selling US dollars...

The objective is “to start the sale of foreign currency in the financial system starting tomorrow,” assured the Minister of Economy and Planning, Alejandro Gil.

Survey reveals majority Latino voter support for abortion rights...

More than 70% of Latino voters in the United States support that the right to abortion be protected by law, according to a poll by UnidosUS

California provides funding to foster the growth of Latina women...

The objective of the Fund raising is to put on the map the contributions and needs of this group to create policies that benefit it

New McDonalds in Russia runs out of chips days after customers served mouldy burgers...

Russia's McDonald's replacement has run out of potatoes and will temporarily have to stop serving French fries just days after customers complained they had been served mouldy food

UBI Payments: How many states are currently sending checks?...

While another stimulus package is unlikely to pass at the federal level, some states still provide UBI payments , or guaranteed income, to their citizens.

Economic Slowdown: Why is Germany fearing a crisis like 'Lehmann Brothers'?...

The EU at its meeting on June 17 decided to make sanctions on Russia more strict. Germany's economic crisis has worsened after the supply of gas from the Nord Stream-1

There is an outcry of Pakistan electricity crisis, PM Sharif asked for emergency plan in 24 hours...

Shahbaz Sharif has tasked a committee of energy, petroleum and finance ministers to present an action plan. He has also assured that effective implementation of the scheme to gradually reduce

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विषय: Economy