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July 13, 2025
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US economy
High US inflation caused by corporate greed: The Guardian
Wednesday, 28 September 2022 22:03
High inflation in the United States has been caused by large corporations raising their prices above increasing costs, instead of wage increases, an opinion piece published by The Guardian has said.
World Newspapers: Biden debt relief plan for students to cost $400 billion
Tuesday, 27 September 2022 21:20
US President Joe Biden's student loan cancellation plan will cost an estimated $400 billion over 30 years, according to the Congressional Budget Office. 206
World Newspapers: ‘pain’ lies ahead for economy, US central bank warns
Saturday, 27 August 2022 20:55
The Federal Reserve won’t stop raising interest rates until the economy is under control, central bank chief Jerome H. Powell said Friday — even though officials expect wrestling inflation to normal levels will slow the economy enough to cause “some pain” for households and businesses and, probably, weaken the job market. 203
Biden claims US economy is on right track despite recession fears
Friday, 29 July 2022 00:08
The US president said Thursday that his country's economy is "on track", despite GDP figures showing it had shrunk for the second time in a row stoking fears of a recession.
Poll: 93% of Americans concerned with high inflation
Tuesday, 19 July 2022 06:03
A whopping 93% of American voters are “concerned” with the level of inflation, and slightly more than half fear the economy will only get worse a year from now, according to a poll.
Twitter sues Elon Musk over exiting $44bn takeover deal
Wednesday, 13 July 2022 06:00
Twitter sued Elon Musk on Tuesday to force him to complete his $44bn takeover of the social media giant after he announced on Friday he would withdraw his bid.
Elon Musk calls off $44 billion Twitter deal
Saturday, 09 July 2022 06:01
US billionaire called off his deal to buy social media company Twitter, according to a filing on Friday with the US Securities and Exchange Commission.
Wealthiest Americans and dodging of taxes
Tuesday, 05 July 2022 11:48
The Wealthiest Americans are dodging 163 billion in income taxes yearly and hiding more than 20 percent of their earnings from the Internal Revenue Service. 216
New poll says Americans’ view of economy, finances worsen
Monday, 27 June 2022 05:54
A new US poll shows that most Americans believe their country's economic situation is deteriorating.
Cost of living crisis in US
Sunday, 12 June 2022 10:39
Tehran (IP) - Here is a short list of problems that Americans are struggling with regarding the cost of living. 214
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