Inflation is the rate at which the value of a currency is declining and consequently, the general level of prices for goods and services is rising. The rise in the general level of prices often expressed as a percentage, means that a unit of currency effectively buys less than it did in the past. It …
The U.S. dollar was close to its best weekly result on May 13, after the U.S. Labor Department reported higher producer prices in April, further evidence that inflation is rising in the country. The producer price index (PPI) rose 0.6% in the previous month after jumping 1.0% in March. In the 12 months to April, …
Rising Inflation, Labor Department, and the U.S. Dollar Read More »
One of the largest car producers in the world is trying to end the strike initiated by United Auto Workers. The strike started in Mid-September and is not over yet. It is worth mentioning that this strike had a serious impact on GM. It is worth mentioning that more than 170,000 employees around the world. …
There are so many cryptocurrencies that someone may think that there is a lack of space for new projects. However, this is not the case as private and governmental organizations are working on digital currency projects. One of the most anticipated cryptocurrencies is Libra. This digital currency is unique as the idea, and the project …
Investing in the cryptocurrencies such as Bitcoin, Ethereum, Litecoin is a profitable business. It is interesting to have a look at how the crypto mining industry is working around the world. Crypto mining is not an easy process due to various factors. However, with proper knowledge and experience, this industry can boost the local as …
