U.S. households generated an astonishing $37 trillion in additional wealth during the pandemic, which could help boost U.S. consumer resilience. However, the Corona savings ended mainly with the wealthiest group of people. Because this group already had enough money before the corona, wealth accumulation does not translate into consumer spending as much as it would […]
How much money do you need to be one of the richest 1 percent?
(Image: Universal Pictures) A report by real estate consultancy Knight Frank shows how much money it takes to be among the richest 1 percent in many countries. Are you curious if you have as much wealth as the richest 1 percent? It depends on the country you call home. We can already say that these […]
A US judge has been granted permission to continue examining the Trump documents
The investigation into more than 11,000 government documents discovered by the FBI at Trump’s Mar-a-Lago home in early August was halted at the request of the former president’s lawyers. The judge previously ruled that the trial should be adjourned until an independent arbitrator (special master) is given an opportunity to assess the items found during […]
Tesla is recalling more than 1 million cars in the US
According to NHTSA, the cars do not meet legal safety requirements for electric car windows. (Photo: Tesla) Tesla is recalling 1.1 million cars in the U.S. for a software update for window mechanics. The firmware that causes the car window to automatically lower when an object is detected may not work properly, increasing the risk […]
Google Analytics 4: A Solution for Data Transfer to the US?
Several European regulators have ruled that Google’s Universal Analytics cannot accept personal data when transferred to the United States. There are two main obstacles. It is not yet clear whether the new Google Analytics 4 will provide a solution for this. A lot has already been written about the decisions of various European regulators about […]
Damrock is heading for a much lower start after the interest rate hike in the US
Photo: ANP After heavy price losses on Wall Street, the AEX index on Tamrock opened Thursday less than 1 percent higher. Investors are processing interest rate hikes in the US. The US Federal Reserve raised interest rates by 0.75 percent for the third time in a row on Wednesday to combat high inflation. The central […]
More than $45 billion in insurance fraud in the US during the pandemic
Fraudsters illegally stole about $45.6 billion in unemployment benefits in the United States during the pandemic. According to a Federal Labor Commission in the United States, to write The Washington Post and international news agencies. The amount is significantly higher than the $16 billion found by authorities last year. The benefits program was set up […]
UK deputy minister downplays pound slump
International•Sep 24 ’22 at 10:40 AMAuthor of the book: Remy Cock UK Treasury Deputy Chancellor Chris Philp downplayed the historic decline in the British pound and government bonds, saying yields were about the same as in the US. Reuters reported. The pound fell to $1.09 yesterday – down 3.6 per cent – after the British […]
Another big interest rate hike in the US – FM.nl
September 22, 2022 Compilers Interest rate will rise by 0.75 percent to further reduce inflation. The US Federal Reserve has raised its key interest rate in the US by 0.75 percent to curb high inflation. It marked the Federal Reserve’s fourth rate hike this year, the last three of which saw interest rates increase by […]
Climate plan US President Joe Biden has accelerated sales of electric cars
Those incentives, including a tax cut of up to $7,500 for the purchase of a new electric car, could accelerate the U.S. auto industry’s transition to electric mobility, according to Bloomberg. Earlier this year, it said electric vehicles would make up 43 percent of U.S. car sales by the end of the decade. However, after […]