Inflation has eaten up the wage increases of Swiss employees. Keystone / Christian Beutler The Swiss unions are demanding wage increases of up to 5% to compensate for the rising prices for consumption, energy and health care that have been going up for years. Are these demands justified in high-price Switzerland, where employees’ wages are … Read more
Minister Stanislas Guerini says he is ready to establish compulsory annual negotiations in the public sector, as exists in the private sector. We must make up for lost time, insist the public service unions. The index point, which determines the salary of civil servants, had not increased for twelve years before being successively revalued in … Read more
The United States and Vietnam have entered into a broad partnership in semiconductors, according to a press release released on the sidelines of the American president’s visit to the country. It will be “develop» Vietnam’s capabilities in this area, and this “for the benefit of American industry”, according to this text which praises “the ability … Read more
By Le Figaro with AFP Posted 1 hour ago, Updated 1 hour ago This represents an increase of 4.4% compared to June. ungvar/stock.adobe.com New home sales in the United States rose more than expected in July, despite ever higher interest rates, even reaching their highest level in the last twelve months, according to data released … Read more
U.S. mortgage rates hit their highest level since 2002 on Thursday, adding pressure on buyers already facing a tight housing market with rising prices. 30-year loans, the most popular in the world’s largest economy, thus reached a rate of 7.09%, according to the weekly average observed by the real estate refinancing group Freddie Mac, against … Read more
DECRYPTION – Like the jackpot of 1.58 billion dollars won by an American on August 8, jackpots exceeding one billion are more and more frequent. With today no less than 735 fortunes exceeding one billion dollars, according to Forbes magazine, which is constantly counting them, the United States remains a paradise for billionaires. From entrepreneur … Read more
DECRYPTION – On online platforms, the increase in the price of rentals and hotels over the period of the Olympic Games is reaching new heights. The State and the players in the sector are studying ways to deal with it. Will it therefore be necessary to spend a fortune to settle down in Paris on … Read more
DECRYPTION – The post-Covid era and teleworking have greatly facilitated their geographical mobility in 2021 and 2022. But as the housing sector seizes up due to rising interest rates, everything is in question. Summer months are good to change homes, and traditionally half of the annual movements in France take place between June and September. … Read more
Major automakers on Wednesday reported higher quarterly U.S. sales, reflecting higher vehicle inventories and support from a strong labor market. General Motors (GM) posted a 19% rise in second-quarter shipments to 691,978 units, thanks to strong gains for its Sierra pickup truck and its upscale Cadillac brand. The American giant also mentioned the progress in … Read more
By J.T. Posted yesterday at 7:42 PM, Updated yesterday at 7:56 PM New York Mayor Eric Adams made a real statement about the Italian star product. SPENCER PLATT/Getty Images via AFP A proposal from the authorities, which aims to reduce the emissions of certain pizza ovens by 75%, is causing a stir among restaurateurs and … Read more