Inflation Slows in the United States in May, PCE Index Shows, with Two Upcoming Rate Hikes Predicted by Fed

Inflation Slows in the United States in May, PCE Index Shows, with Two Upcoming Rate Hikes Predicted by Fed

By Le Figaro with AFP Published on 06/30/2023 at 14:46, Updated on 06/30/2023 at 18:26 Compared to May 2022, consumer price inflation stood at 3.8%, compared to 4.3% the previous month. MICHAEL M. SANTIAGO / AFP Inflation in the United States, which had rebounded in April, slowed again in May, according to the PCE index … 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

U.S. Consumer Confidence Surges to Four-Month High, Exceeding Expectations

U.S. Consumer Confidence Surges to Four-Month High, Exceeding Expectations

U.S. consumer confidence improved significantly more than expected in June, hitting a four-month high as households showed signs of relief from slowing inflation and post-resolution of the dispute over the debt ceiling at the beginning of the month. The index measuring this confidence rose 8.8% from May to 64.4 points, according to final results released … Read more

The Controversy Surrounding the Floating LNG Terminal Project in Le Havre: A Hearing at the Rouen Administrative Court

The Controversy Surrounding the Floating LNG Terminal Project in Le Havre: A Hearing at the Rouen Administrative Court

A hearing will take place on July 6 before the Rouen administrative court, seized by France Nature Environnement (FNE) of two appeals against a floating LNG terminal project in Le Havre, we learned from the court on Wednesday. In the context of heightened tensions over energy since the start of the war in Ukraine in … Read more

Consumer Confidence in the United States Surges in June, Exceeding Expectations

Consumer Confidence in the United States Surges in June, Exceeding Expectations

Consumer confidence in the United States rose again in June, much more than expected, after falling the previous month to its lowest level since November, with current conditions looking better than before, according to the published index. Tuesday by the Conference Board. The general index rose to 109.7 points, that of May being revised slightly … 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

GSK Reaches Confidential Settlement in Zantac Cancer Lawsuit

GSK Reaches Confidential Settlement in Zantac Cancer Lawsuit

GSK Stock Price Boosted by Amicable Settlement in Zantac Cancer Lawsuit British pharmaceutical giant GSK experienced a significant boost in its stock price on Friday morning following the announcement of an amicable settlement in a California lawsuit related to its heartburn drug, Zantac. The drug has been accused by patients of contributing to their cancer. … 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

Fitch Maintains Negative Monitoring on United States’ AAA Rating Despite Deal – Le Figaro

By Le Figaro with AFP Published on 02/06/2023 at 19:01update on 02/06/2023 at 19:14 This content is not accessible. The AAA rating is the highest possible. Stock Adobe The Fitch rating agency maintained on Friday its negative monitoring under which it had placed the valuable AAA rating of the United States due to the Debt … Read more

US Durable Goods Orders Rise in April, Beating Market Expectations

By Le Figaro with AFP Published on 26/05/2023 at 15:19update on 05/26/2023 at 15:24 This content is not accessible. Total orders amounted to $283 billion, up 1.1% from March. STEPHEN BRASHEAR / GETTY IMAGES NORTH AMERICA / Getty Images via AFP Durable goods orders continued to rise in April in the United States, for the … Read more