USA
Economy
Inflation and Unemployment Rise
According to some new reports, slow economic growth is being predicted, while inflation and unemployment are increasing menacingly. Fewer and fewer assets are being bought, according to the data.
A more optimistic perspective is given by the private search center...
events
The Week Wall Street Crashed
This week marks the anniversary of the 1929 Wall Street Crash that plunged America into the Great Depression. It began on October 24th with the drastic fall of share prices on the New York stock exchange. Black Thursday, as...
History
Busting Racism in the 1930s: Greeks Serving African American Patrons
This powerful photo shot at a Greek-owned diner in Pittsburgh’s Hill District circa the 1930s is an emotional reminder of how newly arrived Greek immigrants treated African Americans.
The owners are pictured serving their patrons more than three decades before...
Economy
US Department of State Releases Investment Climate Report for Greece
On Wednesday, the United States Department of State released Investment Climate Statements, including a report on Greece.
The Investment Climate reports offer valuable insights to US enterprises, enabling them to make well-informed business choices. The reports provide current and comprehensive...
Life
People Conceived During Great Depression Age Faster, Research Claims
The Great Depression, which, according to American history led to the worst recession, allegedly shaped people's DNA before they were even born. According to a new study published in the Proceedings of the National Academy of Sciences in November,...
Economy
The Rise of Quiet Quitting
There's a new trend in town that is shaking up both the workforce and the workplace. Some, such as Forbes, have declared it “the next phase of the great resignation.” Others like Business Insider, say “the era...is already over.”...
Business
Elon Musk: How Being Autistic May Make Him Think Differently
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The business magnate and new owner of Twitter, Elon Musk, revealed a while ago that he is autistic. Musk, the wealthiest person in the world, is autistic. How does this explain his behavior?
By Punit Shah, Luca Hargitai, and Lucy...
Economy
NYSE Marks Greek American Issuer Day
Dozens of top-level speakers from Greek and international governments, as well as business and financial communities offered an insightful blueprint of the state of the Greek economy during the “23rd Capital Link Invest in Greece” Forum which was held...
Business
Inflation Surge Hits United States, Greece
The scourge of inflation is hitting the United States and Greece hard this holiday season, with high prices for fuel oil and gas causing reverberations throughout the entire economy of the world.
Consumer prices in the US rose 6.8% in...
Business
United States Jobs Increase by 850,000 in June as Nation Reopens
Despite the unemployment rate rising to 5.9%, United States jobs increased by a whopping 850,000 in June, showing a strong rebound.
Economy
US Economy Surges Ahead by 6.4% in First Quarter of 2021
Fueled by pent-up consumer desires, the American economy grew at an amazing 6.4% annually in the last quarter.
Economy
Obama Blasts Stubborn Austerity Measures Imposed on Greece
Former US President Obama, in his gigantic new book of memoirs called "A Promised Land," released on Tuesday, speaks at some length about Greece's debt crisis, which he admitted kept him and his aides up at night during its...
Economy
Greek-American Malliotakis Fights to Represent NY’s 11th District in US Congress
Representing Staten Island and part of Brooklyn, New York Assemblywoman Nicole Malliotakis is hoping to turn her swing Congressional district red on November 3rd this year, winning a seat from incumbent Max Rose, who took the spot in 2018.
The...
Greek News
Calamos Expresses Cautious Optimism in New Economic Outlook Analysis
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Over recent months, Calamos Investments has expressed cautious optimism for a V-shaped economic recovery, and an expectation that the downturn would be severe but short-lived.
Economy
US Lawmakers May Hammer Out New Coronavirus Relief Package in July
As their European counterparts knocked heads for days, finally agreeing on a wide-ranging, 1.8 trillion-euro ($2.1 trillion) relief package to mitigate the effects of a severe recession brought on by the coronavirus, US lawmakers have struggled to come together...