Browse By

Tag Archives: economy

US consumer prices in March rises the most in 8 ½ years (Image: IDC)

US consumer prices in March rises the most in 8 ½ years

Consumer prices in the United States have seen the biggest increase in more than eight years as the increase in vaccinations and the strong fiscal stimulus released pent-up demand, triggering what most economists expect to be a rapid period of higher inflation. US consumer prices

Biden prepares first major tax increase since 1993

Unlike the $1.9 billion covid-19 stimulus law, the next move, which is expected to be even bigger, will not depend solely on government debt as a source of funding. While it is increasingly clear that tax increases will be a component – Treasury Secretary Janet

Federal Reserve: Digital dollar may be ready in July

Jerome Powell, president of the United States Federal Reserve (Fed), demonstrated that he is fulfilling his promise made this month on the digital dollar. In early March, Powell declared that the digital dollar would be the entity’s priority for 2021. On Monday, the Fed and