Category: Finance

How does Biden’s $6 trillion budget affect the U.S. economy? 4 Q&A for a quick breakdown

The Biden administration released a $6 trillion budget on Friday (28th). What impact will such a large budget have on…

It costs $80,000 less to exchange $100,000, and the RMB will continue to rise in the future?

Since May 27, the onshore and offshore RMB/USD exchange rates both rose above the 6.4 mark, the RMB officially entered…

India’s epidemic hinders sales, rumors Xiaomi, OPPO sharply lowered shipment targets

India’s epidemic is severe, coupled with the mainland May Day long holiday 5G cell phone sales are not as satisfactory,…

G7 issued a statement without naming China to criticize the destruction of the trade system

The Group of Seven (G7) trade ministers held a video conference, after the meeting statement without naming China to criticize…

Tesla recalls some Model 3 and other models for quality problems

Tesla, a U.S. electric car company, has again broken out the quality problem, some of the company’s Model 3 and…

U.S. home renovation wave cools down lumber price increases may slow down

U.S. home improvement wave cools as lumber prices may wave away previous gains. A lumber price pointer fell from its…

Food crisis! Brazil’s worst drought in 91 years, coffee bean futures soar to 4.5-year high

Brazil, the world’s largest producer of sugar and coffee beans, is facing the most severe drought in 91 years, affecting…

Price pressure is increasing? Costco’s finance chief reveals inflation ‘abounds’

Costco (Costco), a large chain of warehouse stores, said the past month, including containers, aluminum foil and a range of…