consumer confidence deteriorates significantly in May (University of Michigan)

American consumer confidence deteriorated sharply in May, in all categories of the population, and the index measuring it fell to its lowest level since August 2011. The index thus lost 9.4% compared to April, and fell to 59.1 points, according to the preliminary estimate of the University of Michigan survey released on Friday. This deterioration … Read more

rate hike could be faster after summer if inflation persists

A U.S. central bank (Fed) official said on Friday she expects rate hikes of more than half a point as early as September if inflation does not ease, warning that necessary measures could push up unemployment and slow the growth. Read alsoAgribusiness: how inflation sustains itself “Unless there are any big surprises, I expect it … Read more

E.Leclerc recalls aperitif cheeses suspected of containing listeria

The recall campaign concerns a 65 gram sachet of the Les Croisés brand, containing a duo of goat cheese balls for an aperitif. E.Leclerc stores launched a national recall campaign on Thursday, May 12, relayed by the government site Rappel Conso, concerning aperitif cheeses suspected of containing listeria, a bacterium responsible for listeriosis. This infectious … Read more

the Senate confirms the reappointment of Jerome Powell as Fed Chairman for a second term

The US Senate confirmed on Thursday May 12 the reappointment as chairman of the central bank (Fed) of Jerome Powell, chosen by Joe Biden for a second term, in the midst of a series of rate hikes in the face of high inflation. Read alsoIn the United States, employees in a position of strength The … Read more

weekly jobless claims are on the rise again

Weekly jobless claims in the United States increased again last week, passing the 200,000 mark, mainly due to seasonal adjustments, say economists who rule out large layoffs for the moment. From May 1 to 7, 203,000 people applied for unemployment benefit, 1,000 more than the previous week, the number of which was also revised upwards, … Read more

Bayer suffers a legal setback in the USA, the action loses more than 6%

Bayer suffered a legal setback in the United States on glyphosate, the general counsel at the Supreme Court having given an unfavorable opinion in a lawsuit against the agrochismiste, with the effect of a sharp decline in the title on Wednesday. Read alsoBayer raises its head, but remains weighed down by Monsanto The title ended … Read more

Inflation, Ukraine and China, risks for financial stability in the United States, worries the Fed

The risks for financial stability in the United States have increased over the past six months, the American central bank (Fed) warned on Monday May 9 in a report, citing inflation, the war in Ukraine or the difficulties of the real estate sector. in China. Read alsoAccording to INSEE, inflation will soar to 5.4% over … Read more

20 internet service providers pledge to cut costs

The White House announced Monday that it has reached an agreement with 20 internet providers, including AT&T, Comcast and Verizon, to reduce subscription costs and guarantee broadband access to low-income households. Read alsoEmmanuel Macron wants to impose automatic parental controls on Internet service providers “The Biden-Harris administration has obtained commitments from the top 20 internet … Read more

Four new starred restaurants in the city of Washington

The famous Michelin guide awarded four new restaurants in the American capital on Wednesday, May 4, illustrating the dynamism of the American capital’s gastronomic scene, where only one establishment shines in the firmament. Read alsoMichelin Guide 2022: who are the starred in Paris? In the prestigious three-star category, the “Inn at Little Washington”, by American … Read more

the TurboTax platform will have to reimburse millions of taxpayers

An American platform used to complete the tax return will have to reimburse 4.4 million people it charged for a free service, the New York Attorney General announced on Wednesday May 4. In all, the online financial services specialist Intuit “will have to pay $141 million in damages to the millions of consumers who were … Read more