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

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

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

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

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

Federal Reserve Manager Lorie Logan Weighs In on Potential Rate Hike in June Meeting

Federal Reserve Manager Lorie Logan Weighs In on Potential Rate Hike in June Meeting

By Le Figaro with AFP Posted on 05/18/2023 at 19:11 This content is not accessible. Lorie Logan, president and CEO of the Federal Reserve Bank of Dallas, attends a dinner at Grand Teton National Park where financial leaders from around the world gather for the Jackson Hole Economic Symposium outside Jackson, Wyoming , USA, 25 … Read more

“Massive Increase in US Crude Oil Inventories Despite Refinery Acceleration: Analysis”

“Massive Increase in US Crude Oil Inventories Despite Refinery Acceleration: Analysis”

By Le Figaro with AFP Published on 05/17/2023 at 17:38 This content is not accessible. Last week, US commercial inventories rose by 5 million barrels. Stock Adobe The commercial reserves of crude oil rose again massively last week in the United States, according to figures published on Wednesday by the American Energy Information Agency (EIA): … Read more

“US Debt Ceiling Crisis: Treasury Secretary Janet Yellen warns of potential default”

“US Debt Ceiling Crisis: Treasury Secretary Janet Yellen warns of potential default”

By Le Figaro with AFP Published on 05/16/2023 at 12:16 This content is not accessible. Treasury Secretary Janet Yellen. ELIZABETH FRANTZ The United States is already feeling the concrete effects of the political crisis of the debt ceiling, according to Treasury Secretary Janet Yellen, who cites in particular the increase in the cost of borrowing … Read more

“American Fed official calls for continued rate hikes to combat inflation”

“American Fed official calls for continued rate hikes to combat inflation”

By Le Figaro with AFP Posted on 05/15/2023 at 19:02 This content is not accessible. «There is still a long way to go before bringing inflation down to 2%“, estimated Neel Kashkari, president of the Fed of Minneapolis. D DIPASUPIL / AFP An official of the American central bank (Fed) considered Monday necessary to continue … Read more

“Manufacturing Industry in New York Plunges Despite April Upturn: Empire State Survey”

“Manufacturing Industry in New York Plunges Despite April Upturn: Empire State Survey”

By Le Figaro with AFP Posted on 05/15/2023 at 4:00 p.m. This content is not accessible. Companies expect little improvement over the next six months. Adobe Stock The manufacturing industry in the New York area recorded a very sharp decline in May, despite an upturn in April. Industry falters on sharp drop in new orders … Read more

“Over 300 Minors Employed Illegally in Franchise Restaurants Across Multiple States, Resulting in $212k Fine: US Department of Labor Report”

“Over 300 Minors Employed Illegally in Franchise Restaurants Across Multiple States, Resulting in 2k Fine: US Department of Labor Report”

The US Department of Labor has also discovered that more than 305 young people have been employed in franchise restaurants in several states. By Julien Henninot Posted on 05/05/2023 at 17:48 This content is not accessible. Franchisees can be fined $212,754 for violating child labor laws. BRUCE BENNETT It is a shocking discovery, made by … Read more