Economy

Amazon pauses hiring for corporate workforce

Why did the company go along with this?

Amazon hourly workers will get an increase in wages across the U.S.

Over the next year, it will spend another $1 billion on salaries.

Here are top 5 countries with the largest stock markets cap

If you are looking for investment opportunities then you should consider what are the richest markets in the world.

What is transparent pricing: here’s what to know

Price transparency - constantly surrounds modern man. Once we used to flip through magazines and catalogs of literally a couple of brands, compare prices...

The history of the federal minimum wage in the US (1938-2021)

Below, you can see a chart presenting the federal minimum wage from 1938 to 2021 since the adoption of the Fair Labour Standard Act....

What is the minimum tipped wage: Here’s what you should know

The minimum wage is the amount of money an employer must pay an employee. In the U.S., there is a federal minimum wage, a...

What are the minimum wages across the US states in 2021

The minimum wage is the amount an employer must pay an employee per hour (if we are talking about the United States) or per...

Bitcoin is now the official currency in El Salvador

Acceptance of cryptocurrency for payment will be mandatory in the country. Bitcoin became the official means of payment in El Salvador, the relevant law was...

G7 tech giants tax deal explained: How it may work

Recently the G7 nations agreed on an important issue: the payment of corporate tax or profit tax by technology giants. Today, global corporations pay...

Will the UK have a digital currency? Now it’s more likely

I think we all miss the news that the so-and-so Central Bank is considering introducing electronic currency. So far, no bank has launched Central...

7 must-read books on economics

The study of economics can be very complex because economics includes so many areas and is closely intertwined with psychology, sociology, finance, and politics....

What is the expected UK’s GDP for 2021? IMF increases its forecast

The International Monetary Fund raised its forecast for Britain's economic growth to outpace that of Western Europe this year after a downturn in 2020. According...

Chinese state facial recognition system defrauded for $76.2 million using face picks

In January 2021, the Shanghai People's Procuratorate charged two Chinese residents with facial recognition fraud - Wu and Zhou had been cheating the tax...

US economy has added more jobs in March 2021 than was expected

The US economy has added 916,000 jobs last month, much more than was expected. The uneployment rate felt from 6.2% to 6%. This means that...

Why American Tipping Culture is Bad

The American tip culture is extremely uncomfortable and quite erroneous because it leads to infringement of servers and inconvenience to visitors, and that's why....