US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department

US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department

By Le Figaro with AFP Posted 1 hour ago, Updated 1 hour ago This represents an increase of 4.4% compared to June. ungvar/stock.adobe.com New home sales in the United States rose more than expected in July, despite ever higher interest rates, even reaching their highest level in the last twelve months, according to data released … Read more

U.S. Mortgage Rates Reach Highest Level Since 2002, Adding Pressure on Homebuyers

U.S. Mortgage Rates Reach Highest Level Since 2002, Adding Pressure on Homebuyers

U.S. mortgage rates hit their highest level since 2002 on Thursday, adding pressure on buyers already facing a tight housing market with rising prices. 30-year loans, the most popular in the world’s largest economy, thus reached a rate of 7.09%, according to the weekly average observed by the real estate refinancing group Freddie Mac, against … Read more

Recent Jackpot Winners: Decoding the 1.58 Billion Dollar Mega Millions Win and the Rise of Billion Dollar Jackpots

Recent Jackpot Winners: Decoding the 1.58 Billion Dollar Mega Millions Win and the Rise of Billion Dollar Jackpots

DECRYPTION – Like the jackpot of 1.58 billion dollars won by an American on August 8, jackpots exceeding one billion are more and more frequent. With today no less than 735 fortunes exceeding one billion dollars, according to Forbes magazine, which is constantly counting them, the United States remains a paradise for billionaires. From entrepreneur … Read more

Price Surge: The Soaring Costs of Rentals and Hotels During the Olympic Games in Paris

Price Surge: The Soaring Costs of Rentals and Hotels During the Olympic Games in Paris

DECRYPTION – On online platforms, the increase in the price of rentals and hotels over the period of the Olympic Games is reaching new heights. The State and the players in the sector are studying ways to deal with it. Will it therefore be necessary to spend a fortune to settle down in Paris on … Read more

The Impact of the Post-Covid Era and Teleworking on Geographical Mobility: Challenges in the Housing Sector

The Impact of the Post-Covid Era and Teleworking on Geographical Mobility: Challenges in the Housing Sector

DECRYPTION – The post-Covid era and teleworking have greatly facilitated their geographical mobility in 2021 and 2022. But as the housing sector seizes up due to rising interest rates, everything is in question. Summer months are good to change homes, and traditionally half of the annual movements in France take place between June and September. … Read more

Major Automakers Report Higher Quarterly Sales in 2023 Despite Supply Difficulties: General Motors, Toyota, and Stellantis See Surge in Demand

Major Automakers Report Higher Quarterly Sales in 2023 Despite Supply Difficulties: General Motors, Toyota, and Stellantis See Surge in Demand

Major automakers on Wednesday reported higher quarterly U.S. sales, reflecting higher vehicle inventories and support from a strong labor market. General Motors (GM) posted a 19% rise in second-quarter shipments to 691,978 units, thanks to strong gains for its Sierra pickup truck and its upscale Cadillac brand. The American giant also mentioned the progress in … Read more

Controversy Erupts Over Proposal to Reduce Emissions from Pizza Ovens in New York

Controversy Erupts Over Proposal to Reduce Emissions from Pizza Ovens in New York

By J.T. Posted yesterday at 7:42 PM, Updated yesterday at 7:56 PM New York Mayor Eric Adams made a real statement about the Italian star product. SPENCER PLATT/Getty Images via AFP A proposal from the authorities, which aims to reduce the emissions of certain pizza ovens by 75%, is causing a stir among restaurateurs and … Read more

Disney’s Progressive Image Takes a Hit Amid Internal Turmoil, Resulting in Loss of Loyal Customers

Disney’s Progressive Image Takes a Hit Amid Internal Turmoil, Resulting in Loss of Loyal Customers

Disney has established itself, despite internal turmoil, as a progressive corporate figurehead. As a result, she lost some of her loyal customers. Angelillo John/Angelillo John/UPI/ABACA CHRONICLE – Under this pressure, the business world has gradually fractured, each defending its vision of the general interest, particularly on environmental and identity issues End of recess? Larry Fink, … Read more

FDA Approves Gene Therapy for Duchenne Muscular Dystrophy: New Breakthrough Treatment for Young Patients

FDA Approves Gene Therapy for Duchenne Muscular Dystrophy: New Breakthrough Treatment for Young Patients

FDA Approves Gene Therapy for Duchenne Muscular Dystrophy, Limited to Young Patients In a groundbreaking development, the US Food and Drug Administration (FDA) has granted approval for a gene therapy to treat Duchenne Muscular Dystrophy (MD). This rare genetic disease primarily affects young boys and severely limits their life expectancy. The newly approved treatment, called … Read more

SNCF Voyageurs Wins Contract to Operate Pays-de-la-Loire TER Network

SNCF Voyageurs Wins Contract to Operate Pays-de-la-Loire TER Network

SNCF Voyageurs, a subsidiary of SNCF, has won a contract worth 100 million euros for the operation of the first batch of the Pays-de-la-Loire TER network. The region has chosen to open up the network to competition in order to increase its rail offer. This is the fourth batch of TER open to competition awarded … Read more