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Combined Market Cap of Largest US Banks Jumped to Nearly $1.4T, an 80% Increase...

The largest banks in the United States reported blockbuster second-quarter results after the pandemic loan losses didn't happen and the US economy began roaring...
dollar

The Fed has announced when it will end quantitative easing. The US dollar weakened...

The Fed's Free Market Operations Committee outlined a scenario for a gradual slowdown in quantitative easing. Interest rates have remained unchanged, although inflation in the...
USA, flag, stocks

The US Fed meeting is coming up. Asian currencies weaken against dollar

It will sit on Tuesday and Wednesday the Committee on Open Market Operations as the monetary policy body of the US central bank. At a...
tax

Summit G20: Approval of a global corporate tax and more vaccines for poor countries

Leaders of the G20 countries agreed during a weekend summit to introduce a global minimum tax on corporate profits at 15 per cent. The aim...
china, chinese flag, Chinese import of goods

China has plans to expand property taxes to other regions

The introduction of property taxes, which would also apply to residential real estate, is to be extended to some Chinese regions. The goal is, among...
money, Euro, EU, Europa, eurozone, inflation, coins

High inflation will take longer, thinks US Fed leadership member

Current rates of price level growth moving around five per cent are staying at their levels for perhaps longer than initially appeared. US central bank...
US dollar

The US dollar weakened. Inflation sent him down, returning to a thirteen-year high

Data on September inflation in the US knocked the US dollar down from its three-year highs against the Japanese yen. But the dollar lost slightly...
growth, business

New IMF forecast: The world economy will grow more slowly than originally expected

The International Monetary Fund has slightly worsened the outlook for the world economy for this year. Compared to the July forecast, the IMF predicts a...
corporate, business, company

The global corporate tax is a bit closer. States agreed on its rate

The group of 136 countries in the world agreed late last week to set a minimum corporate tax rate on profits for large companies. This...
USA

The US labor market recovered at its most in three months. Applications for benefits...

The number of unemployed Americans is the lowest in a year and a half. In the US labor market, the strongest recovery in three months...

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