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United States

The Georgia state court filed indictments late Monday against former US President Donald Trump, who is currently campaigning to return to the White House, and 18 other people from his close circle. The charges are related to the alleged attempt to tamper with the result of the 2020 election in…
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Paypal officially launched its own cryptocurrency

Payments company PayPal announced the launch of PayPal USD (PYUSD), a stablecoin denominated in US dollars and backed 100 % by US dollar deposits, short-term US Treasury bonds and similar cash equivalents. According to the payment services…

Fitch strips the US of its “AAA” rating

The credit rating agency Fitch Ratings has lowered the long-term debt solvency rating of the United States one notch, which now stands at 'AA+' from 'AAA' with a stable outlook, as a reflection of the expected fiscal deterioration over the…

US oil reserves fall about 17 million barrels

The US Energy Information Agency (EIA) revealed that commercial oil reserves in the United States suffered a spectacular drop of 17 million barrels during the week ending July 28. This reduction is much greater than what the market expected…

The FED fines Deutsche Bank 186 million euros

The Federal Reserve of the United States (Fed) has fined the Deutsche Bank group, its division in New York and other subsidiaries in the country with 186.4 million dollars (166.7 million euros) after concluding that the German entity did…