Bargain Hunting Lifts Wall Street at End of Challenging Week
The Dow Jones appreciated by 1.20%. The New York Stock Exchange ended higher on Monday, driven by a hunt for bargains amid a lull after ten days of banking turbulence, although uncertainty remains over the outcome of the crisis. Read alsoUBS bank buys its rival Credit Suisse in distress The Dow Jones rose 1.20%, the […]
What if, in the end, China does not overtake the United States?
Joe Biden and Xi Jinping at the G20 summit in Bali, Indonesia on November 14, 2022. KEVIN LAMARQUE/REUTERS ANALYSE – The Middle Kingdom, the world’s leading economic power… An obsession for the United States. The date of the tipping point is the subject of renewed debate. By the end of the decade, China will have […]
United States: Joe Biden unveils a budget that looks like a campaign program
The president will unfold his plan in Philadelphia. Some measures have very little chance of being adopted since the Democrats no longer have a majority in Congress. By Le Figaro with AFP Posted on 03/09/2023 at 6:50 p.m.update on 03/09/2023 at 7:46 p.m. This content is not accessible. Joe Biden has already distilled some budget […]
Fed rates could go higher than expected, warns Jerome Powell
The Fed’s main key rate could continue to rise above 5.1%. By Le Figaro with AFP Published on 03/07/2023 at 4:44 p.m. This content is not accessible. Jerome Powell, Fed Chairman. ELIZABETH FRANTZ / REUTERS The Fed’s main key rate, which has been climbing for a year to curb inflation, could continue to climb beyond […]
Joe Biden wants to cancel the debt of millions of students
The United States Supreme Court, which is reviewing this landmark measure by the president, could oppose it. By Armelle Bohineust Published on 02/28/2023 at 6:48 p.m.update on 02/28/2023 at 6:54 p.m. The amounts are staggering. Nearly 43 million Americans today must repay federal loans taken out when they were students. On average, they each owe […]
China denounces US ‘protectionism’
In December, Beijing filed a case with the WTO to denounce US restrictions on the export of Chinese semiconductors. By Le Figaro with AFP Published on 02/18/2023 at 1:31 p.m. This content is not accessible. Foreign Minister Wang Yi WOLFGANG RATTAY / REUTERS The head of Chinese diplomacy, Wang Yi, judged on Saturday that the […]
the United States risks default as early as July, warns a service of the American Congress
The level of arrears reached by the country prevents it from borrowing and leads it to take emergency measures to honor its financial commitments. By Le Figaro with AFP Posted on 02/15/2023 at 20:15 This content is not accessible. The Congressional Budget Service has sounded the alarm. Andrea Izzotti / stock.adobe.com The United States could […]
Microsoft is laying off a team of workers in the industrial Metaverse
Written by Muhammad Ayman Tuesday, February 14, 2023 04:00 AM revealed Microsoft As part of the recent layoffs it announced to strategize spending during the climate of an ongoing global recession, hundreds of employees who were part of that team have reportedly been fired, putting future plans for this unit on indefinite hold. This special […]
The hospital battle plan for jobs
According to a study by the French Hospital Federation, 99% of establishments report recruitment difficulties, particularly for nurses and nursing assistants. SEBASTIEN BOZON/AFP DECRYPTION – With thousands of vacancies and an absenteeism rate of 10%, the hospital wants to recruit massively. «We are often called back during our holidays to replace a sick colleague, we […]
pork prices at 13-month low, Chinese market suffers
China’s agriculture ministry on Wednesday urged farmers to take steps to reduce their pig herds. American pork prices fell to their lowest level in 13 months on Wednesday, suffocated by the situation on the Chinese market, marked by very abundant supply in the face of sluggish demand. The benchmark lean hog contract fell to 77.12 […]