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

CNP Assurances posts net profit up 2.7% to 316 million euros

CNP Assurances announced Thursday a net profit in the first quarter up 2.7% year on year, to 316 million euros, however reduced by provisions. The group has in fact endowed theprovision for surplus participation“of 172 million euros, “out of caution” and “given the uncertainties that may arise between now and the end of the year“Commented … 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

Wall Street unscrews again, technology and energy in mind

The New York Stock Exchange fell again on Monday May 9, weighed down by technology and energy stocks, reflecting concerns about inflation, the response of the American central bank (Fed) and a possible recession. According to final results, the Dow Jones index dropped 1.99% to 32,245.70 points. Read alsoAccording to INSEE, inflation will soar to … 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

Elon Musk accused of disrupting China in space

Billionaire Elon Musk was taken to task on Chinese social networks on Tuesday after two of his satellites narrowly missed, according to Beijing, colliding with the Asian giant’s space station. The richest man in the world, who has just been elected personality of the year by the American magazine Time, is well known in China … 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

Faced with geopolitical risk, Volkswagen wants to strengthen in the United States

The German car giant Volkswagen confirmed on Wednesday its ambition to more than double its market share in the United States, a region neglected in recent years but which is gaining importance in a “increasingly polarized world“. Read alsoWar in Ukraine disrupts BMW and Volkswagen After a first quarter marked by a 100% jump in … Read more