The U.S. added a total of 253,000 new jobs last month, more than economists had generally expected. The U.S. government reports that 3.4 percent of the working population is unemployed. Expectations increased to 3.6 percent. Hourly wages rose an average of 4.4 percent over the year. The Bureau of Labor Statistics revised the figures for […]
The US debt ceiling threatens the international economy
What do you do as a central banker in these turbulent times? Inflation is still very high, requiring further interest rate hikes to weaken the economy and reduce inflation. But the banking sector, at least in the West, is reeling. You have to be a little slower with those interest rate hikes, which may put […]
Dutch Entrepreneurs in America: How Vivian D…
Video Technology Doing business on the American West Coast: Who hasn’t dreamed of it? For Vivian Golfin-de Ruijter, that’s a reality. As a female investor in the tech industry, she is an exception in a male-dominated world. Interview & Video: Loc de Val May 3, 2023 Diversity leads to greater innovation, efficiency and a stronger […]
US state of Montana passes law banning TikTok download | Technology
The Legislature of the US state of Montana, in the northwest of the US, on Friday passed a law banning Tik Tok from 2024. The law insists Apple and Google no longer allow downloads of the Chinese social media app through their app stores because TikTok allows China to manipulate and spy on users. The […]
The EU can learn from the US when it comes to fiscal rules
A comparison of the formation of the dollar and the euro The debate over the creation of the euro and the related European fiscal rules has been going on for more than 30 years. This development is not compared to the way the dollar and its associated financial rules were developed. It is understandable that […]
US Investigating Finance for Russia Sanctions Violations
The US Department of Justice has launched an investigation into Finance. Russians may have used crypto exchange to circumvent US sanctions against Russia. Sources tell Bloomberg News. Finance is already in talks with the ministry over suspected evasion of US sanctions against Iran, according to one of the sources. That would have happened before strict […]
“A Great Recession in America by the End of 2023”
Credit Insurance Alliance expects a sharp recession in the US later this year. Add to that the fact that ‘small’ US banks in particular are extra vulnerable as commercial real estate prices slip. The FED recently announced that it expects only a mild recession in the US. According to various reports published recently, the credit […]
Businessman | Unexpectedly many jobs in America
news Topical The US labor market was tighter than economists expected in April. While experts expected the number of new jobs to slow, employers hired more people than in the previous month. Unemployment remained low, while a slight increase was projected. AP May 5, 2023 The U.S. added a total of 253,000 new jobs last […]
Travel to USA: “Book early and get over it”
“Bookings for the US are doing well, but they’re still not at 2019 levels,” Hanni Flood (Visit USA/Target Travel Marketing) told TravelPro during the Visit USA roadshow. Hanni: “2019 was definitely a good year, so it will be a challenge to surpass it. The desire to travel to the US is definitely there, and people […]
Smaller banks in the US are still in trouble economy
05 mei 2023 om 09:07 After the recent collapse of three banks in the US, several banks are now under pressure again. For example, PacWest lost more than half of its stock market value on Thursday. PacWest says it is now in talks with investors about its future. Rates of other regional banks including Western […]