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

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

when the search for the first job turns into a puzzle

INVESTIGATION – Many of them dream of a first collaboration in a large Parisian firm. But the reality of the job market makes many disappointed. Lawyer, really a royal road? For the thousands of young people who come out of the eleven French training schools each year – nearly 3,700 graduates in 2020 – and … Read more

In the United States, employees in a position of strength

American companies are short of manpower. The ILWU, one of the strongest unions in the country, is in a strong position to win higher wages and better working conditions. Washington Correspondent The negotiations which have just opened between the union of 22,000 dockworkers on the west coast and the operators of the largest American ports … 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

In the United States, the dismay of parents faced with the shortage of baby milk

In question, the supply problems accentuated by the closure of a factory of the manufacturer Abbott. The case took a political turn. “Creepy”, “frustrating”. It’s an unimaginable stressful situation for many American parents: The United States is experiencing a very rare shortage of baby milk. In question, the supply problems accentuated by the closure of … 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

US mulls letting Russia continue to repay dollar debt

The United States is considering whether to let expire or extend a sanctions waiver that allows Russia to continue to repay its debt and thus escape default, Treasury Secretary Janet Yellen said on Tuesday. Read alsoRussia finally escapes default in confusion It is “something we are actively looking at right now. We want to make … Read more

Fed expected to raise rates ‘quickly’ this year, official says

The US central bank has already hiked rates twice this year, in March and early May, to curb inflation. US central bank expected to raise ratesrapidlyby the end of the year, after two initial increases in March and early May, in order to slow inflation, the president of the New York branch of the Fed, … Read more