inflation and interest rates hurt consumer confidence in May

U.S. consumer confidence deteriorated sharply in May, driven by inflation and rising interest rates, according to the final estimate of the University of Michigan survey released on Friday, confirming the preliminary estimate published in the middle of the month. The index thus lost 10.4% compared to April and fell to 58.4 points, its lowest level … Read more

Fed determined to curb inflation, several more half-point hikes ‘probably appropriate’

Managers want “quickly return monetary policy to a neutral path”. US central bank officials have said they are determined to bring inflation down sharply, and most of them estimated at their last meeting in early May that several more half-point rate hikes will be “probably necessary”. Read alsoWall Street opens lower while waiting for the … Read more

oil inventories fall less than expected

Commercial crude oil reserves in the United States fell less than expected last week, according to figures released on Wednesday by the United States Energy Information Agency (EIA), which also reported a stabilization in American production. During the week ended May 20, black gold inventories fell by a million net barrels, while analysts expected a … Read more

durable goods orders grew more slowly in april

Durable goods orders rose a little less than expected in April in the United States, driven by civil aeronautics, the sector which recorded the strongest growth, according to data released Wednesday by the Commerce Department. Read alsoIn the United States, publishing must face censorship The total amount of orders amounted to 265.3 billion dollars, up … Read more

household financial health at its highest end of 2021, before Omicron and inflation

The financial health of American families was, in the fall of 2021, at its highest in almost a decade, before the Omicron variant weighed on the economy and inflation slashed purchasing power, according to a Fed study released Monday. The general standard of living was, at this time,at the highest“Since the study was created in … Read more

Stok is recruiting around ten employees (by RiskAssur published by FRANOL Services)

To write a comment Stoïk is recruiting around ten employees Article read 911 times, since its publication on 05/23/2022 at 08:57:47 (length: 2154 characters) Cyber-insurtech Stoïk continues to expand and seeks to strengthen its sales, cyber, tech, product and marketing teams. Focus on open positions on permanent contracts:– Commercial department: Key Account Manager (5 positions), … Read more

Insurance to the challenge of global warming

DECRYPTION – Natural disasters will cost more and more in France, in particular because of the drought. In this historically hot spring, France is once again threatened with drought. The lack of rain is already hurting crops. But, we know less, drought also causes major and long-term damage to a very large number of homes. … Read more

31 tons of powdered milk landed in the United States

A plane from Germany with more than 31 tons of cans of baby milk powder intended for the American market, affected by a major shortage, landed on Sunday morning in the United States, according to images broadcast on American television channels. President Joe Biden had earlier announced on Twitter that a plane “loaded with more … Read more

63 percent of French people are ready to sacrifice part of the performance of their investments if the financial projects fight against global warming (by RiskAssur published by FRANOL Services)

To write a comment 63% of French people ready to sacrifice part of the performance of their investments if the projects financed fight against global warming Article read 1213 times, since its publication on 05/20/2022 at 07:31:58 (length: 4724 characters) On the occasion of the Change Now Summit – which is being held from May … Read more

United States and Taiwan want to strengthen their economic ties

The United States and Taiwan have decided to strengthen their commercial relations which for the moment are not sealed by a bilateral agreement, the Biden administration announced on Friday. US Trade Representative (USTR) Katherine Tai and Taiwanese Minister John Deng met and “instructed their teams to explore concrete ways to deepen the U.S.-Taiwan trade and … Read more