Category: Business

The 10% wealthiest of Americans now own 89% of the US stocks. It is a record high that highlights the role of the stock market, which is increasing with its wealth inequality. The top 1% has gained more than $6.5 trillion in corporate equities and mutual fund wealth during the pandemic. On the other hand,…

The United States is now looking for competition with China. The White House says that the country now wants competition in a responsible manner. This news is coming after a day when two countries have agreed to have a virtual leadership summit before the end of the year. The Deputy Press Secretary of the White…

The U.S Justice Department is having an investigation for the suspected manipulation of the energy pricing benchmarks that S&P Global Platts has published. It has expanded the crackdown of the agency on the misconduct in the market of global commodities. London- based Platts is a data and news provider. It focuses on energy, metal, and…

Virtual cards have been in use in US businesses for more than a decade now. But a piece from The Fintech Times is still touting the expanding of virtual card usage into the space of small businesses. Companies utilized Virtual Cards in the past with larger companies in the accounts of payable processes; thus, the…

The US solar industry growth gets fuel from cheap imports. Now the surging trade and transport issues are exposing that the dependence on a vulnerability is slowing shipments. It is further putting the big projects at risk. Tighter availability of the forge panels could affect the blooming industry and can set back the efforts of…