Economy

U.S. steelworkers oppose reduction of duties on steel imports from the EU

U.S. steelworkers oppose reduction of duties on steel imports from the EU

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U.S. steelworkers oppose reduction of duties on steel imports from the EU
If Joe Biden's administration in an effort to repeal Donald Trump's imposed duties on steel and aluminum imported from the EU, it will cause discontent on the part of the U.S. steel industry

Economy

The U.S. refuses to write off billions in debts to black farmers

The U.S. refuses to write off billions in debts to black farmers

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The U.S. refuses to write off billions in debts to black farmers
U.S. banks refused to write off billions of dollars in loans to black farmers with money allocated by the government. The banks are afraid of incurring losses from early repayment of debts

Economy

Musk lost $ 3 billion in a day

Musk lost $ 3 billion in a day

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Musk lost $ 3 billion in a day
The size of the fortune of the founder of Tesla Elon Musk directly depends on the success of his company, and it has recently been losing value

Economy

U.S. banks intend to change the system of issuing credit cards

U.S. banks intend to change the system of issuing credit cards

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U.S. banks intend to change the system of issuing credit cards
Major U.S. banks are preparing to revise the way credit cards are issued. They will be available even to customers who do not yet have a credit history

Economy

US inflation hits 13-year high

US inflation hits 13-year high

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US inflation hits 13-year high
Over the past 12 months, the US consumer price index has reached 4.2%, which was the highest figure since September 2008. This is reported by the Ministry of Labor of the country

Economy

Apple, Google, and Microsoft asked the US government for $50 billion

Apple, Google, and Microsoft asked the US government for $50 billion

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Apple, Google, and Microsoft asked the US government for $50 billion
The largest US technology corporations have formed a coalition because of the shortage of chips. It includes major chip manufacturers in the country

Economy

Representatives of the US Federal Reserve do not expect a sharp increase in inflation

Representatives of the US Federal Reserve do not expect a sharp increase in inflation

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Representatives of the US Federal Reserve do not expect a sharp increase in inflation
Large financial injections into the US economy will not lead to a sharp increase in inflation. According to representatives of the Federal Reserve