June 22 2022 🕓 2 min
Joe Biden wants to suspend the gasoline tax
US President Joe Biden will today call on Congress to approve a three-month suspension of the federal gasoline tax.
Tag: US
June 21 2022 🕓 2 min
Airlines are not having a good time
The world's airlines are facing a dual problem caused by a combination of the strong US dollar and high oil prices.
June 21 2022 🕓 2 min
Microchip sector grows fastest in China
The microchip sector is growing faster in China than anywhere else in the world, and Chinese companies are reporting record sales.
June 19 2022 🕓 2 min
The US housing market is going through tough times
Mortgage rates in the US rose by more than 0.5% this week, an increase not seen in decades. This may be a problem for many Americans.
June 16 2022 🕓 3 min
Fed fights inflation and raises interest rates by 0.75%
The US Federal Reserve raised the base interest rate by 0.75%. It continues to tighten monetary policy in an attempt to tame high inflation.
May 29 2022 🕓 2 min
A good starting point for the US
The economy is undergoing a transformation and the United States is very well positioned for it. The US has a strong labor market.
May 29 2022 🕓 2 min
G-7 countries take steps towards cleaner energy
The top environment ministers of the G-7 countries have agreed to end government funding for international coal-fired power generation.
May 25 2022 🕓 2 min
The competition to switch to electric vehicles continues
Automaker Stellantis and tech giant Samsung SDI plan to together build a $2.5 billion battery plant in the US.
May 23 2022 🕓 2 min
Hyundai will invest over $10 billion in the US
Hyundai Motor Group will invest over $10 billion in the US by 2025 to strengthen cooperation with U.S. firms in advanced technologies.
May 22 2022 🕓 2 min
Apple wants to increase production outside China
The reason is the risk of further measures against the Covid pandemic, but also a possible problem between China and the US.
May 20 2022 🕓 2 min
The US economy may grow more than China’s this year
China's economy is expected to grow by only 2% this year, while the US gross domestic product is expected to grow by 2.8% this year.
May 20 2022 🕓 2 min
US invests $3.5 billion to remove CO2 from the air
The U.S. Department of Energy has launched a program to fund four large-scale projects across the country.