Industrial production fell in September in the United States, mainly because of automobile production, which still suffers from the global shortage of semiconductors, according to data released Monday by the American Central Bank (Fed). Production fell by 1.3% in September, and automobile production alone plunged 7.2%. In addition, the data for August have been revised … Read more
US consumer confidence fell in October and fell below analysts’ expectations, according to the preliminary estimate of the University of Michigan survey released on Friday. Read alsoEnergy prices: how soaring prices are reflected, from world markets to consumers The index shows 71.4 points, against 72.8 points in September. Analysts expected consumer sentiment to rebound slightly … Read more
The US Competition Authority (FTC) has gone to war against bogus consumer reviews and other favorable but misleading comments that abound on business sites and on the internet. Read also“I needed the money”: how the black market for fake reviews is plaguing the Internet The FTC has issued a warning to 700 businesses in the … Read more
The 78 passengers were evacuated “urgently” on landing, Saturday afternoon at La Guardia airport. A plane was forced to evacuate its 78 passengers “urgently” on landing Saturday afternoon at New York’s La Guardia Airport due to the behavior of a passenger who was arrested, said on Saturday. the company chartering the flight, Republic Airways. This … Read more
Leader of the Republicans in the US Senate Mitch McConnell on Wednesday offered Democrats a temporary solution to break the parliamentary deadlock and avoid the imminent risk of a US default. Read alsoUS default could trigger further recession, warns Janet Yellen “To protect Americans from a short-term crisis brought on by Democrats”, Mitch McConnell proposes … Read more
Pharmaceutical group Johnson & Johnson announced on Tuesday that it had submitted data to the United States Medicines Agency (FDA) for authorization for a booster injection in adults of its single-dose vaccine against Covid-19. Read alsoCovid-19: competition mounts between laboratories for the third dose of the vaccine These data include the results of a clinical … Read more
European markets ended lower on Friday as US indices moved in the green, welcoming in particular a positive announcement about a new treatment under study against Covid-19. On Wall Street, the Dow Jones was up 0.85%, the extended S & P500 index by 0.56% and the high-tech Nasdaq index by 0.09% around 4:50 p.m. Read … Read more
American and Chinese artificial intelligence start-ups have together captured around 80% of global venture capital investments in the sector, according to an OECD study published on Thursday. Sino-US domination of AI investments is stronger than in any tech sector combined, where the US / China pair captures an average of 72% of VC investments. Of … Read more
Manufacturing activity contracted in September in China, a first since early 2020, due in particular to power cuts that weighed on an already slowing economy, according to official figures released Thursday. The Purchasing Managers Index (PMI), which measures the activity of factories nationwide, stood at 49.6, down from 50.1 in August, the National Bureau of … Read more
Global retail giant Walmart on Wednesday announced plans to hire 150,000 people ahead of the holiday season to work in its supermarkets, with most of those positions intended to be permanent and full-time. Read alsoEmployment: Castex releases 1.4 billion for training The group, the largest private employer in the United States with approximately 1.6 million … Read more