by Raphael | Jan 10, 2024 | Latest News
Senator Elizabeth Warren and Representative Pramila Jayapal are raising concerns over the staffing decisions of the Commerce Department’s $39 billion semiconductor program. In a letter to the department, the lawmakers criticized the decision to staff the office...
by Raphael | Jan 9, 2024 | Latest News
The World Bank has issued a warning of weak growth and missed opportunities in its recent economic report, projecting the weakest stretch of growth in 30 years. The report attributes this potential stagnation to slow recovery from the pandemic and ongoing conflicts in...
by Raphael | Jan 8, 2024 | Latest News
“The Mystery of the Coin That Shouldn’t Exist” examines the perplexing case of a Peruvian 10-cent piece from 1899 that defies the official records. Despite no documentation of its minting, the coin known as a dinero surfaced during the analysis of other...
by Raphael | Jan 7, 2024 | Latest News
Japanese company Nippon Steel has made a staggering $14.1 billion takeover bid for U.S. Steel, prompting President Biden’s administration to review the deal amidst mounting pressure from both Democrats and Republicans. While supporters argue that blocking the...
by Raphael | Jan 7, 2024 | Latest News
The article highlights the decision by the Republican governors of Iowa and Nebraska to reject a federal meal program aimed at supporting low-income families. This program, which provides $40 per child per month during the summer months to families eligible for free...
by Raphael | Jan 6, 2024 | Latest News
Fading Inflation has been a pressing concern for the American economy in recent years, with skyrocketing prices impacting household budgets and dampening public approval. However, to everyone’s surprise, inflation has sharply declined in late 2023, offering hope...
by Raphael | Jan 5, 2024 | Latest News
In a continuing effort to strengthen the American semiconductor industry, the Biden administration announced plans to award $162 million in federal grants to Microchip Technology, an Arizona-based semiconductor company. This funding comes as the second award under a...
by Raphael | Jan 4, 2024 | Latest News
After a strong rebound in sales in 2023, the auto sales is anticipated to experience slower growth in the coming year. Rising interest rates and elevated prices for new vehicles are putting pressure on consumers, resulting in a decrease in demand. Market researcher...
by Raphael | Jan 3, 2024 | Latest News
The Fed officials expressed a sense of optimism about the country’s inflation outlook, according to the recently released Fed minutes. The notes from the December meeting revealed that central bankers believed that interest rates may have reached their peak, but...
by Raphael | Jan 1, 2024 | Latest News
The Federal Reserve, under the leadership of Jerome Powell, appears to be making progress towards achieving an outcome that was considered unlikely just six months ago: bringing down inflation to a normal range without triggering a recession. In recent months,...
