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Following the further relaxation of pandemic related restrictions, economic growth in the euro area improved in the third quarter, underpinned by the strong performance of France, while Germany lagged behind … Read More
Quarterly national accounts from Eurozone and major euro area economies are due on Friday, headlining a busy day for the European economic news. At 1.30 am ET, the French statistical … Read More
The “rich get richer” trend in America has continued through the COVID-19 pandemic. The top 1% of Americans based on wealth have more assets than the 60% of Americans who are … Read More
New home sales in the U.S. skyrocketed in the month of September, according to a report released by the Commerce Department on Tuesday. The report said new home sales soared … Read More
Its price over the long-run, however, will depend on its fundamental value as a currency. The story so far: Bitcoin, the most popular private cryptocurrency in the world, has been … Read More
The Union Cabinet had last week approved a 3% hike in dearness allowance for central government employees Dearness Allowance for central government employees has been hiked to 31% of the … Read More
Minister slams ‘simplistic’ narrative on prices, cites provision for welfare schemes Reiterating that the excise duty levied on petroleum products is funding free COVID-19 vaccines and public welfare schemes, Petroleum … Read More
The official poverty rate in the United States was 11.4% in 2020, according to the U.S. Census Bureau. By measures from the World Bank, poverty in America is higher than … Read More
Finance Minister Nirmala Sitharaman backs call for voluntary SDR deployment to poorer countries. The International Monetary and Finance Committee (IMFC), which directs the International Monetary Fund (IMF) and sets its … Read More
According to the U.S. Census Bureau’s annual America’s Families and Living Arrangements, 63.1 million children under 18 were living at home in 2020. In 78% of these households, people were … Read More
A total of 130 countries had in July agreed to a overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15% … Read More
Donald J. Trump, a businessman, entertainer and then president whose personal brand has always been closely intertwined with his wealth, is no longer considered one of America’s richest people. At … Read More
