In 2022 (latest information), the Observatory of Economic Complexity reported that the U.S. was the world's third largest exporter of cars, distributing $57.5 billion of vehicles around the world. The U.S. distributed over $16.9 billion worth of vehicles to Canada, making up 29.3% of car ...
Elsewhere, Google Cloud’s 2021 State of APIs Report revealed, for example, that the use of APIs was as prevalent in retail and travel as it was in traditional tech businesses. In 2022, Terem’s Scott Middletonhighlighted that“66% of API traffic comes from organizations that are not technol...
The debt ceiling, or debt limit, is the total amount the U.S. government can borrow in order to meet its existing legal obligations. On Jan. 1, the debt ceiling was reinstated at the current level of debt, which means the U.S. is once again at risk of running out of money to mee...
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As of Monday afternoon, the Trump meme coin had a market cap of $8.3 billion, while Melania Trump's cryptocurrency was valued at $1.2 billion, according to CoinMarketCap. Mr. Trump's meme coin soared after it debuted, hitting a peak of almost $75 each. But the price has shed ...
In a 2022blog post, Sahm wrote that the idea was to create a policy tool that would help the government determine when to send out stimulus checks, but she noted wryly that the rule took on a life of its own, drawing attention from noted economists like Larry Summers and the media. ...
domestic manufacturing of semiconductors. With the United States manufacturing only 10% of the chips it needed in 2022, the law was intended to overcome U.S. dependence on foreign sources for semiconductor chips. The CHIPS and Science Act of 2022 provides funding for projects in the 2021 act....
Did integration succeeed in preventing a Third World War - as was the hope of the founders of the European Union? How stable was the Union after expansion to include many former Eastern bloc nations? What happened following theeconomiccrisis of 2009 - 2011, threats to the Euro, problems with...
chief economist at EY. "The 2017-2019 period was the end of the longest business cycle on record — the economy was doing well, the labor market was quite strong. We had the lowest unemployment rate in 50 years, we had an economy growing at a sub-2% rate but still moving forward." ...
the two digital currencies were worth a combined $9.5 billion.Meme coins, which have no economic or transactional value, are cryptocurrencies linked to internet trends, such as Dogecoin, which was inspired by theimage of a shiba inu dog. Dogecoin became a favored cryptocurrency of billionaire El...