Biden signs order to increase manufacturing of supply chain goods

WASHINGTON, DC: In order to reduce the United States’ reliance on the imports of advanced batteries, pharmaceuticals, critical minerals and semiconductors, which could pose a potential national security and economic risk, President Joe B ...

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Saturday, 27 February 2021
Volatility on Wall St. continues, Dow dives 470 points, dollar gains

NEW YORK, New York — U.S. stocks were like a tug of war Friday. Industrials lost ground, while technology stocks advanced. "Many people are taking some profits and not necessarily reinvesting that money quite yet," JJ Kinahan ...

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Saturday, 27 February 2021
Computer glitch causes outage of U.S. Federal Reserve payment services

WASHINGTON, DC — Several payment services belonging to the U.S. Federal Reserve came to a standstill on Wednesday, including the system that allows for large-value, time-critical payments. The Fed’s website noted that issues related to ...

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Saturday, 27 February 2021
Global rout continues in Asia, Japan index drops 1,202 points

SYDNEY, NSW, Australia — Shares across Asia were slammed on Friday sending the major indices tumbling. "The bond market is signalling disbelief that the Fed could continue keeping rates at such low levels in the face of a recoveri ...

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Saturday, 27 February 2021