President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several economists have voiced their concerns. Trump Thinks US Economy Will Recover Next Year […]
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The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation. Decade-Long Recovery Costing $8 Trillion The U.S. Congressional Budget Office […]
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest rates in the near future, according to a number of […]
Invasive animal species can cause their own set of problems down the line. As far as snakehead fish are concerned, they are pretty common in the Georgia region. Some species, however, can pose a genuine problem. The one in question here is capable of breathing air and survive on land. More importantly, it has the potential to disrupt the US economy if left unchecked. The Northern Snakehead Species For those unfamiliar with different species of fish, a brief explanation is warranted. The northern snakehead is a species not native to Georgia or most other US regions today. In fact, it