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US Largest Bitcoin Producer After Chinese Crypto Market Collapse
The United States has taken over from China as the largest "producer" of bitcoins. Previously, powerful computer systems in the Asian country accounted for most of the bitcoins arriving worldwide.
But the Chinese government is…
Stocks in Asia Sharply Lower After Wall Street Plunge
Stock markets in Asia and Australia mostly fell sharply on Friday. Following on from the US markets, concerns about higher interest rates and the approaching debt ceiling for the United States weighed on key indicators.
Tokyo's…
Biden Mocks Trump and Makes Sign of the Cross
US President Joe Biden visited the state of California to encourage Governor Gavin Newsom.
Newsom was elected governor in 2018, but a recall election could end his term early. The president told voters that "they were not allowed…
Louisiana Declares State of Emergency Pending Tropical Storm
The US state of Louisiana has declared a state of emergency while Tropical Storm Nicholas is en route to the state. Earlier this month, the state was hit by Hurricane Ida.
Nicholas is expected to bring heavy rainfall to areas hard…
Hurricane Ida Claims First Death But Weakens to Tropical Storm, New Orleans is in the Dark
Hurricane Ida has already claimed at least one life in the US state of Louisiana. A person died from a fallen tree in Prairieville, south of the capital Baton Rouge. Ida has since weakened to a tropical storm.
However, the US…
Amid the Chaos, Joe Biden Does Not Rule Out Extended US Presence in Afghanistan
The US is on a collision course with the Taliban over President Biden's statement that the Americans will remain in Afghanistan until all their citizens are evacuated. The question is whether the Taliban, who today called the US arrogant,…
Do-It-Yourself Chain Home Depot Boosts Turnover to Record
The American DIY chain Home Depot achieved record sales in the past quarter as Americans continue to do many jobs in and around the house during the corona crisis.
However, sales of building materials, tools, paint and other items…
US Stops Evacuation Flights to Restore Calm at Airport
The United States has stopped evacuation flights from Kabul airport because it is too busy at the airport. The soldiers present will first clear the runway. It is unknown how long the eviction will last.
The German Foreign Ministry…
The Stock Exchanges in New York Started New Trading Day with Small Results
The stock exchanges in New York started the new trading day with small results on Thursday. With that, the record series of the leading Dow Jones index and the broad S&P 500 seems to have come to a halt for a while.
Investors…
American Companies Have Trouble Recruiting Staff
Employment in the US corporate sector grew significantly less than expected in July. New figures from payslip processor ADP indicate that many companies struggle to find employees as the economy picks up again and the demand for additional…