Surprising Increase in US Crude Oil Inventories: Stocks Rise by 4 Million Barrels

Surprising Increase in US Crude Oil Inventories: Stocks Rise by 4 Million Barrels

By Le Figaro with AFP Published 1 hour ago, Updated 1 hour ago The country’s stocks were filled by an additional 4 million barrels. jutawat / stock.adobe.com With an additional 4 million barrels, commercial crude oil inventories rose more than expected last week, according to figures released Wednesday by the U.S. Energy Information Administration (EIA), … Read more

New York Stock Exchange Attempts Timid Rebound After Declining Sessions

New York Stock Exchange Attempts Timid Rebound After Declining Sessions

By Le Figaro with AFP Published 4 hours ago, Updated 4 hours ago The New York Stock Exchange opened slightly lower on Friday. SPENCER PLATT / AFP The New York Stock Exchange opened slightly lower on Friday, attempting a timid rebound after three sessions of decline, in the absence of major macroeconomic news in the … Read more

New York Stock Exchange Opens Lower Amid Global Economic Concerns and Rising Oil Prices

New York Stock Exchange Opens Lower Amid Global Economic Concerns and Rising Oil Prices

By Le Figaro with AFP Posted 1 minute ago, Just updated The New York Stock Exchange opened lower on Wednesday. MICHAEL M. SANTIAGO / AFP The New York Stock Exchange opened lower on Wednesday, still concerned about global economic conditions and the specter of a return to high inflation with soaring oil prices. In early … Read more

Arm Aims for $52 Billion Valuation with New York IPO

Arm Aims for  Billion Valuation with New York IPO

By Le Figaro with AFP Posted 8 minutes ago, Just updated The British company Arm, a subsidiary of the Japanese SoftBank, is a world reference in semiconductors manufactured under license for the global smartphone market. DADO RUVIC / REUTERS British microprocessor champion Arm, a subsidiary of Japan’s SoftBank, is aiming for a valuation of up … Read more

Sharp Decline in Manufacturing Activity in New York Surprises Analysts

Sharp Decline in Manufacturing Activity in New York Surprises Analysts

By Le Figaro with AFP Published on 08/15/2023 at 15:06, Updated on 08/15/2023 at 16:03 Analysts were rather expecting a slight increase. TTstudio – stock.adobe.com Manufacturing activity in the highly industrialized region of New York fell sharply in August compared to the previous month, taking analysts by surprise who had expected a slight increase. The … Read more

US Federal Reserve Member Neel Kashkari Talks Rising Interest Rates and Inflation Outlook

US Federal Reserve Member Neel Kashkari Talks Rising Interest Rates and Inflation Outlook

It is too early to declare victory and end the cycle of rising interest rates, a member of the US Federal Reserve (Fed) said on Tuesday, while acknowledging that inflation was now moving in the right direction. “I’m not ready to announce that we’re done but I see positive signsMinneapolis branch president Neel Kashkari said … Read more

New York Manufacturing Activity Shows Signs of Growth in July, Surprising Analysts

New York Manufacturing Activity Shows Signs of Growth in July, Surprising Analysts

By Le Figaro with AFP Posted 11 minutes ago, Just Updated Employment levels rose slightly and, on the inflation side, price inflation continued to slow. Posztós János / stock.adobe.com Manufacturing activity in the highly industrialized region of New York continued to grow in July, albeit slowing compared to the previous month, which had seen a … Read more

Environmental Associations File Lawsuit for Suspension of Motorway Works between Toulouse and Castres

Environmental Associations File Lawsuit for Suspension of Motorway Works between Toulouse and Castres

By Le Figaro with AFP Posted 2 hours ago, Updated 1 hour ago About ten associations and collectives are at the origin of this appeal, among which are the regional branches of France Nature Environnement and Friends of the Earth, the Confédération paysanne or La Voie est Libre. LIONEL BONAVENTURE / AFP Several environmental associations … Read more

Job Market Solid in June: Job Creations Remain Strong Despite Expectations

Job Market Solid in June: Job Creations Remain Strong Despite Expectations

The job market remained solid in June in the United States, with job creations remaining strong, even if they were below expectations, and an unemployment rate down slightly and remaining at low levels. historically low. During the past month, 209,000 jobs were created, the Labor Department announced Friday, while 220,000 were expected by analysts, according … Read more

Inflation Slows in the United States in May, PCE Index Shows, with Two Upcoming Rate Hikes Predicted by Fed

Inflation Slows in the United States in May, PCE Index Shows, with Two Upcoming Rate Hikes Predicted by Fed

By Le Figaro with AFP Published on 06/30/2023 at 14:46, Updated on 06/30/2023 at 18:26 Compared to May 2022, consumer price inflation stood at 3.8%, compared to 4.3% the previous month. MICHAEL M. SANTIAGO / AFP Inflation in the United States, which had rebounded in April, slowed again in May, according to the PCE index … Read more