NEW YORK – Bitcoin, the world’s biggest cryptocurrency, dropped 8.4% on Friday after US President Donald Trump intensified his trade fight with China. Trump announced 100% tariffs on Chinese exports to the US and new export controls on “critical software,” following China’s limits on rare earth exports used in tech and manufacturing. Read More: Crypto […]
US economy
2020: Review of the American Economy
The USA, the largest economy in the world, entered a deep recession in 2020 with the crisis caused by the Covid-19 outbreak after a long period of economic growth. While the US economy is facing a deep economic downturn caused by the new type of coronavirus epidemic last year, it remains uncertain whether the effects […]
Hiring surge lifts US economy — and Trump’s re-election chances
The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. “I’ll be running on the economy,” President Donald Trump declared on Friday. And why wouldn’t he? The day’s new round of sunny employment figures offered fresh evidence of a strong national economy — and a big political advantage […]