New home sales fell 8.1% last month to a seasonally adjusted annual rate of 590,000 units, the lowest since April 2020, the Commerce Department said on Tuesday. May’s sales pace slowed to 642,000 units from the previously reported 696,000 units. Sales fell in the Northeast, West and populous South, but rose in the Midwest. Economists […]
Shocking video shows huge fireball lighting up the night sky over America
This fireball was a “random event” and not associated with a meteor shower. On Friday, several US states, including Indiana and Wisconsin, saw a spectacular fireball. The American Astronomical Society (AMS) shared a video of the sighting and said it had received 150 reports of the fireball. According to NewsweekAMS fireball report coordinator Robert Lunsford […]
US triples cost of forest restoration for wildfire disaster
The U.S. Forest Service’s reforestation funding rose by more than $100 million this year as part of efforts to plant more than a billion trees over a decade under President Joe Biden’s infrastructure package, the Department of Agriculture (USDA) said in a statement. . Wildfires are now so severe in the United States that they […]
Limburg couple (22) drowned in American swimming pool Abroad
It’s still unclear exactly what happened at the swimming pool, but police are ruling out a crime, write Local media. A heart attack can be fatal for Limburger. Police are still investigating. The woman was swimming in the Cary Street Club’s private pool on Tuesday With the family she is a couple with served The […]
Ford to cut 8,000 jobs in US | Car
Ford plans to cut 8,000 jobs in the coming weeks. For example, an American carmaker wants to increase profits and accelerate the transition to electric motors. Bloomberg reports this citing anonymous sources. In March, Ford split its operations into two business lines: ‘Ford Model E’ focused on electric cars and ‘Ford Blue’ on cars with […]
US inflation is over 9 percent
economy•14 Jul ’22 10:30 amAuthor of the books: ANP and Joëlle Baelde Inflation in the US has risen to the highest level in more than 40 years. Inflation rose to 9.1 percent in June, while it was still 8.6 percent in May. Inflation plays an important role in the US Federal Reserve’s interest rate policy. […]
Beijing is planning a three-tiered data strategy to counter the rise of the US
China is setting up a system to screen Chinese companies listed in the United States into groups based on the sensitivity of the data they hold, in a possible bid by Beijing to try to prevent U.S. regulators from targeting and delisting hundreds of groups. The system is designed to force some Chinese companies to […]
China Continues to Build Competitive Bitcoin Miners Despite US Sanctions
The United States has imposed significant economic restrictions on China over the past few years. By not acting fairly, stealing innovation, and not letting American companies compete, the East is troubling America the most. The Chinese chip industry, among others, has been hit hard by economic sanctions, but that hasn’t deterred Chinese manufacturers of Bitcoin […]
Heat waves overlap: Asia, Europe and the Americas swell
Spain has already entered its third heat wave of the year. There was already one in June, and a heat wave in the first half of July lasted ten days and killed more than 700 people. That heat wave eventually moved us. Temperatures in Spain are again above 40 degrees. There are places where it […]
‘US must be independent from Taiwan’s chip industry’
According to the US Department of Commerce, the US should remain independent of the Taiwanese chip industry. Minister Gina Raimondo believes it is important that the Act to Create Helpful Incentives for Manufacturing Semiconductors (CIPS) be implemented as quickly as possible. According to the ministry, the US is still dependent on the Taiwanese chip industry. […]