US Dollar Stable Despite Economic Upheavals

US Dollar Stable Despite Economic Upheavals

The US dollar is known worldwide as the most valuable currency for carrying out business transactions. Despite ups and downs, a stable currency can, over time, retain its purchasing power, and the US Dollar is no different. Certainly, the dollar is one of the most frequently used currencies globally...
Cryptocurrency Impact on US Banking in the 21st Century

Cryptocurrency Impact on US Banking in the 21st Century

Cryptocurrencies have emerged as a new way of carrying out financial transactions, especially in the US. The banking sector in the US has decided to embrace this unique piece of technology. Recently, the Currency (OCC) office Controller provided a way forward for this to be possible. Banks now have...
Future of US Manufacturing Sector Post Covid-19

Future of US Manufacturing Sector Post Covid-19

Like elsewhere globally, the US manufacturing sector felt the adverse effects of Covid 19, with many operations getting halted. This resulted in the loss of jobs since the industry is usually labor-intensive. Moreover, it presented a new outlook on how the manufacturing sector needs approaching. Re...
Latest US Economic Trends

Latest US Economic Trends

Without a doubt, the coronavirus pandemic has slowed down economic growth in the United States and globally. In 2020, business activities countrywide slowed down due to the lockdown measures. Notably, the country's GDP dropped by more than 8%, which has been the country's worst, dating back to 1945...
US Finances and Covid-19

US Finances and Covid-19

While coronavirus greatly affected the US as a nation, the country's financial sector was equally hit. For instance, the stock market experienced high volatility periods, with stocks experiencing peaks that caused them to be overvalued by more than 58% as of February last year. It continued to exper...
Positive News for US Jobs in 2021

Positive News for US Jobs in 2021

The US job market certainly took a significant hit due to the pandemic- millions of people lost their jobs. Fast-forward to 2021; the economy is opening up gradually, and activities are picking up; yes, there is hope for the nation's future. However, businesses have to rethink their human resource s...
US Bank Deposits Go Up to Hit Record

US Bank Deposits Go Up to Hit Record

Good News: US Bank Deposits Go Up 21.3% to Hit a Record &16.2 Trillion In the wake of the on-going pandemic and its devastating consequences in the US, there seems to be good news sweeping across the nation- bank deposits are steadily going up, and things are slowly stabilizing. Americans' total ba...
US Government Economic Recovery Plan

US Government Economic Recovery Plan

Is The US Government's Economic Recovery Plan "Over- Ambitious?" Is the new US government's newly launched economic recovery plan overly-ambitious? Is it probably too big? While some experts and analysts think this is the case, others don't quite agree. For instance, Jonathan Parker, who serves as...
Trillion Dollar Economic Package

Trillion Dollar Economic Package

Worries That Biden's $1.4 Trillion Package Might Miss The Target In an unexpected fresh dilemma, US President Joe Biden's much-touted $1.9 trillion economic stimulus package is facing what some have called "a baptism with fire"- running against opposition despite holding promise for millions of des...
Wall Street Celebrates Biden's $1.9 Trillion Stimulus

Wall Street Celebrates Biden's $1.9 Trillion Stimulus

Wall Street Celebrates Biden's $1.9 Trillion Stimulus Package But Fears Things are now crystal clear- it's not all cheers for US President Joe Biden's newly launched historic $ 1.9 trillion coronavirus stimulus package; indeed, many describe this as "the investor's- double-edged sword" with many un...
American Top Banks & What Makes Them Tick

American Top Banks & What Makes Them Tick

America's Top Banks & What Makes Them Tick Goldman Sacks bank is a US investment bank with its headquarters in New York city. The bank specializes in offering various financial solutions such as investment management, client services, investments, and lending services. It has over 34000 employees t...
Cryptocurrency in US Financial Sector

Cryptocurrency in US Financial Sector

How the Cryptocurrency Era is Radically Shaping the US Financial Sector Cryptocurrencies have become a booming industry, with financial experts estimating the industry to be worth nearly $200 billion. With significant business captains of industry such as Elon Musk participating and endorsing this...
Telemedicine Profitable Investment

Telemedicine Profitable Investment

Revealed: Is Telemedicine the World's Most Profitable Investment? This is-undoubtedly- a big question: Is telemedicine proving to be the new kid on the bloc of the most profitable investments in the US and the world in 2021? Just consider these facts: While we all agree 2020 was a relatively 'crazy...
Mortgage Giant UWM Stocks Decline

Mortgage Giant UWM Stocks Decline

Stocks for US Mortgage Giant UWM Decline Despite Massive Profits in 2021 In some of the most profitable years since its inception, the leading US mortgage lender, UWM Holdings, reported a historic $1.4 billion profit in net income in 2020. This represents a whopping 822% profit, capping what seemed...
Coronavirus Drops New York Property Value

Coronavirus Drops New York Property Value

Without a doubt, the Coronavirus pandemic ushered in a new normal, characterized by the 'work at home syndrome.' As a result, by the close of 2020, the value of hotel properties and office buildings in many of the world’s largest cities (like New York) fell sharply. This caused seismic rumbles and i...
A Whirlwind Tour of Baltimore City

A Whirlwind Tour of Baltimore City

The US city of Baltimore has changed drastically over the years. As time moved, newer, more exciting spots for tourists visiting the city have been discovered. Even with this, it is not a secret that Baltimore has much more to offer. Indeed, the city has not yet attained its full potential. This is...
World Economy after covid

World Economy after covid

The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of the virus. The June 2020 Global Economic Prospects describes both the immediate and near-term outlook...
The World Is Getting Greener

The World Is Getting Greener

The NASA satellites have revealed in a recent report that the world is greener than it was 20 years ago. The study shows that China and India are the two emerging countries which have the world's biggest population and now are leading the world to become more greener in the past years. The study fur...