United States: Joe Biden unveils a budget that looks like a campaign program

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 … Read more

Fed rates could go higher than expected, warns Jerome Powell

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 … Read more

The New York Stock Exchange in the green before several important indicators

The New York Stock Exchange in the green before several important indicators

Wall Street opened higher on Monday as investors braced for several important indicators and interventions from the president of the U.S. central bank to assess what the next steps in his monetary policy might be. In early trading, the Dow Jones gained 0.25%, the Nasdaq index gained 0.47% and the broader S&P 500 index rose … Read more

Arm confirms its IPO in New York, to the chagrin of London

Arm confirms its IPO in New York, to the chagrin of London

By Le Figaro with AFP Posted on 03/03/2023 at 10:50update on 03/03/2023 at 11:00 This content is not accessible. Arm also announced new plans to increase its presence in the UK, with the opening of a site in Bristol. JOSEP LAGO / AFP The British manufacturer of microprocessors Arm, subsidiary of Japanese Softbankconfirmed to have … Read more

Joe Biden wants to cancel the debt of millions of students

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 … Read more

the United States risks default as early as July, warns a service of the American Congress

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 … Read more

The New York Stock Exchange ended higher on Friday, after several lackluster sessions

The New York Stock Exchange ended higher on Friday, after several lackluster sessions

The New York Stock Exchange ended higher on Friday after several lackluster sessions, buoyed by technology and a more dovish tone from some Fed members. The Dow Jones index, which accelerated in late trading, advanced 1.00%, the tech-heavy Nasdaq gained 2.66% and the S&P 500 1.89%. Nasdaq