U.S. producer prices fall in May, bolstering speculation of Fed rate hike pause

U.S. producer prices fall in May, bolstering speculation of Fed rate hike pause

People shop at a supermarket in Manhattan WASHINGTON (Reuters) – U.S. producer prices fell more sharply than expected in May, bolstering speculation that the Federal Reserve will pause in rate hikes on Wednesday. The producer price index (PPI) for final demand fell 0.3% last month, helped by falling energy costs, after rising 0.2% in April, … Read more

“Manhattanhenge”: A Spectacular Sight Brings Hundreds to the Streets of New York City

“Manhattanhenge”: A Spectacular Sight Brings Hundreds to the Streets of New York City

The sun lines up between rows of skyscrapers that criss-cross Manhattan Island in New York City on May 30, 2023. The phenomenon which takes place four times a year is known as “Manhattanhenge” and brings down hundreds of New Yorkers on the streets (AFP/Ed JONES) For a few minutes of Instagrammable spectacle: Hundreds of New … Read more

Rennes Defeats Monaco to Return to the Top 5: Match Report

Rennes Defeats Monaco to Return to the Top 5: Match Report

Rennes reigns over Monaco and returns to the top 5 Stade Rennes logically took over Monaco (2-0) in a festive stadium. A success that allows the Bretons to pass the ASM and reintegrate the top 5 one week before the end of the ball. Stade Rennes 2-0 AS Monaco Buts : Majer (52 e ) … Read more

“The Fall Continues: Real Estate Prices Drop 5% in Paris”

“The Fall Continues: Real Estate Prices Drop 5% in Paris”

The fall in real estate prices should continue in the coming months. Illustrative photo. (Ennelise/Pixabay) Real estate prices have fallen by 5% in one year in Paris. In seven arrondissements, the price per square meter has already fallen below the 10,000 euro mark. And the trend should continue in the coming months. The price per … Read more

SII predicts 23% increase in turnover for 2022/2023 financial year

SII predicts 23% increase in turnover for 2022/2023 financial year

(AOF) – SII announces 2022/2023 turnover of 1.02 billion euros, up 23.1%. It reached 23.8% organically. The company specializing in engineering and technology consulting predicts that “this dynamic activity” will allow it to achieve its operating margin ambitions for the whole of the year “which will be, as announced, between 9 and 10%”. “This last … Read more

New York Parliament Imposes Ban on Gas Stoves and Heaters in Future Constructions

New York Parliament Imposes Ban on Gas Stoves and Heaters in Future Constructions

The New York Parliament has approved a budget of 229 billion dollars, which plans to impose ovens, plates and electric heaters in future constructions. The State of New York voted overnight from Tuesday to Wednesday the total ban in 2029 of stoves and heaters using gas and other fossil fuels in all new residential, office … Read more

Controversial Putin Supporter Accused of Nazi References in New Video Released on Hitler’s Birthday.

While Vladimir Putin claims to want to “denazify” Ukraine, one of his supporters is controversial. The singer Shaman, one of the most fervent defenders of the “special military operation” in Ukraine, is accused of borrowing from Nazi codes in a new clip, released on Hitler’s birthday. During this time, the Russian state multiplies initiatives to … Read more

French Government Aims to Boost Mortgage Loans Production

French Government Aims to Boost Mortgage Loans Production

The “rest to live” could be taken into account more than the threshold of 35% debt. Illustrative photo. (Moerschy/Pixabay) The government wants to boost the production of mortgage loans. The State intends in particular to encourage the banks to draw more widely from the derogatory files and to support the investors by reintegrating the component … Read more

Financial Education for Children: Insights from the French Banking Federation Study

Financial Education for Children: Insights from the French Banking Federation Study

(Photo credits: Unsplash – CDC) Financial Education Week this year took place between March 20 and 26. The theme ? “Plan your money, plant your future”, in other words, plan your money, sow your future! A week animated by multiple workshops across the country, supervised by the Banque de France. Let’s take advantage of this … Read more

Couple loses 100,000 euros in fire aftermath due to insurance contract mishap.

Couple loses 100,000 euros in fire aftermath due to insurance contract mishap.

The retired couple were counting on his insurance to have their home rebuilt. (kolyaeg/Pixabay) A retired couple lost their house in Saint-Martin-en-Bresse (Saône-et-Loire) in March 2022 following a fire. The reconstruction is not fully covered, due to an error in the number of insured parts. The insurer refuses to make a move. Cécile and François … Read more