El American reports on the most relevant news related to the economy of the United States, Latin America, Europe, Asia, and the world.
Jim Strader, a spokesperson for the Federal Reserve Bank of Richmond, reported that the Federal Reserve's payment system, which allows electronic money transfers, crashed due to an operational error.
El American spoke with Brad Polumbo about his view of America's economic outlook and the risks involved in pursuing one party's agenda through the control gained in Congress and in the Oval Office.
The court found that the app's drivers "are in a subordinate position" under Uber's "rigid and controlled" fare system.
A 0.1% tax on financial transactions would reduce investments of less than $10,000 by 19% over 20 years.
Following the announcement of Tesla's purchase of the cryptocurrency, the electric car maker's stock rose by 2 %.
While a federal $15 dollar minimum wage will help some people, it will hurt many others.