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El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano, in a first for the country.

If you want to thrive in your enterprise economy in the industry then you need to understand the top four stages of the economic cycle. Our economy will go through different stages of the economic cycle, where different types of investments will do better or worse.  This will help you understand the situation and do […]

Some investors are playing this year’s tug of war between so-called growth and value stocks by owning companies that straddle the line between the two categories, as uncertainties mount over the U.S. economy’s trajectory in the months ahead. Value stocks, which trade at comparatively cheap multiples of their fundamentals, surged in early 2021 as hopes […]

President Joe Biden’s top aides and local officials nationwide pleaded with U.S. lawmakers on Friday to resolve a government debt showdown that they warned could spark an economic crisis. Congress plans next week to consider legislation that would avoid a default ahead of an October deadline when the Treasury Department estimates it will no longer […]

Capitalism has not served the U.S. economy as well as it could have, U.S. House of Representatives Speaker Nancy Pelosi said on Friday, saying that the system needed to be improved. “In America, capitalism is our system, it is our economic system, but it has not served our economy as well as it should,” she […]

That was the take from Ian Shepherdson, chief economist at Pantheon Macroeconomics, after seeing the data on US retail sales for August. What’s happening: Contrary to expectations, US retail sales increased last month as consumers continued to shell out on clothing, furniture, and groceries. It’s a promising sign heading into the crucial holiday shopping season […]

The U.S. economic rebound has been dented in Q3, partly on the spread of the Delta coronavirus variant, with economists in a Reuters poll also pushing their expectations back to November for when the Federal Reserve announces an impending policy shift. Like in most countries, the U.S. economy is facing global supply chain disruptions due […]

The United States Federal Reserve is reviewing the ethics policies that govern the financial holdings and activities of its senior officials in the wake of recent disclosures that two regional Fed presidents engaged in extensive trading last year. Robert Kaplan, president of the Dallas Federal Reserve Bank, in 2020 traded millions of dollars of stock […]