U.S. household incomes fell 1% in September, due to the expiration of more generous unemployment benefits that had been paid since the start of the pandemic, according to data released Friday by the Commerce Department. Read alsoUSA: budget deficit narrows in 2021, to $ 2.772 billion This decline is stronger than expected, since analysts were … Read more
Growth in manufacturing activity in the New York area stalled in August, slowing sharply after a record pace in July, but industrialists in the region remain optimistic about the months ahead. Read alsoOutbrain goes public on the New York Stock Exchange The index measuring this activity fell 25 points to 18.3 points, according to the … Read more
The textile group SMCP (Sandro, Maje and Claudie Pierlot), severely penalized in 2020 by the Covid, announced on Wednesday a turnover of 271.7 million euros in the third quarter, a decrease of 1% compared to third quarter 2019, before the health crisis. Sales are up 9.4% compared to the same period in 2020. Over the … Read more
Sluggish growth, private component factories, skyrocketing energy costs, the future of public spending: the new German government has not even taken office yet and economic challenges are already on its agenda. The outgoing government of Angela Merkel presents Wednesday, October 27 its new growth forecasts for 2021, expected significantly revised downwards compared to the estimates … Read more
US Secretary of State Antony Blinken on Monday, October 25, announced the creation of a cybersecurity department and envoy to strengthen US diplomacy in the face of these threats. “Challenges of the 21st century” against the backdrop of increasing attacks by hackers close to rival countries. “We will work with Congress to set up a … Read more
The American Central Bank (Fed) estimates that “The moment is near” to start reducing its asset purchases, but “premature” to raise key rates soon, its president said on Friday, 10 days before the next monetary meeting. Read alsoJay Powell, Fed boss in the sights of the Democratic left wing “As the time draws near to … Read more
Turkish public bank Halkbank, indicted in 2019 in the United States for circumventing US sanctions against Iran, may well be sued in the country, a New York appeals court ruled on Friday. Read alsoUS justice accuses Turkish bank Halkbank of fraud in connection with Iran The law granting some immunity to foreign nations before American … Read more
Workers at an Amazon warehouse in New York have taken to building a union, six months after a similar attempt in Alabama failed, and are already accusing the e-commerce giant of doing everything to dissuade their colleagues. Read alsoAmazon workers reject union creation At this stage, in the United States, no Amazon sorting and logistics … Read more
Weekly jobless claims in the United States continued to decline in mid-October, hitting a new low since the start of the pandemic, a sign that the economy is leaving behind the Delta wave of the virus. 290,000 new requests Between October 10 and 17, 290,000 people registered as unemployed to receive an allowance, 6,000 less … Read more
Europe and the United States concentrate 60% of global patents on plastic recycling or bioplastics, France being distinguished by its high level of specialization, associating public research, large groups and promising startups, indicates the European Office of patents (EPO) in a study Tuesday. Read alsoThe recycling race opens in the building «We see in the … Read more