a recession is definitely a possibility, admits Fed boss

So far, Jerome Powell had always said loud and clear that he could achieve a soft landing for the economy. US Federal Reserve (Fed) Chairman Jerome Powell admitted to Congress on Wednesday that a rapid rise in interest rates could cause a recession even if it is not the desired effect. “It’s definitely a possibilityMr. … Read more

a recession is definitely a possibility, admits Fed boss

So far, Jerome Powell had always said loud and clear that he could achieve a soft landing for the economy. US Federal Reserve (Fed) Chairman Jerome Powell admitted to Congress on Wednesday that a rapid rise in interest rates could cause a recession even if it is not the desired effect. “It’s definitely a possibilityMr. … Read more

Lawsuit claims 258 billion USD from Elon Musk for his support of dogecoin

Complaints from investors who feel cheated by the promises of virtual currencies are currently increasing in the United States. An investor who lost money betting on dogecoin, a cryptocurrency originally parody inflated in particular by the interest of Elon Musk, filed a lawsuit on Thursday claiming $ 258 billion from the multi-billionaire and his companies … Read more

In the United States, the reform of the taxation of multinationals held hostage in Congress

DECRYPTION – The minimum tax of 15% on multinationals represents only a few pages in this indigestible bill with still undetermined contours. Washington Correspondent The approval by both Houses of Congress of the reform of the taxation of multinationals, before the legislative elections in November, is still possible, but increasingly doubtful. The fate of the … Read more

US cosmetics maker Revlon files for bankruptcy

The company is suffering from supply problems but also from the inflation that is rampant in the United States. US nail polish, lipstick and perfume maker Revlon filed for bankruptcy by filing Chapter 11 proceedings to reduce its debt. In a document filed late Wednesday in a New York court, the company said the total … Read more

Fed kicks off meeting, could make biggest rate hike since 1994

The monetary policy committee meeting, which began at 11:00 a.m. on Tuesday, is primarily aimed at finding solutions to runaway inflation in the United States. The monetary committee of the American central bank began its meeting on Tuesday, during which it could, to fight against galloping inflation, raise its key rates by three quarters of … Read more

the procrastination of Elon Musk in five dates

The soap opera of the takeover of Twitter by Elon Musk is experiencing a new twist. On Monday June 6, the billionaire threatened to withdraw his offer, accusing the company of not giving him the information he is asking for on the number of fake accounts on the platform. Back in five dates on the … Read more

Falsification of foodstuffs: Lactalis indicted

The horizon darkens for the Lactalis group, which had previously been able to recover from a health scandal. The dairy giant Lactalis has been indicted for fraud, deception and fraud in the context of an open judicial investigation for falsification of foodstuffs following a customer’s complaint, we learned on Tuesday from concordant sources. “The Lactalis … Read more

“it works”, proclaims the starred chef Florent Ladeyn

AFP, published on Tuesday, May 31, 2022 at 07:35 “Do you prefer to be at 110% for four days or at 80% for five days?”: in the North, the charismatic starred chef Florent Ladeyn seduced his employees with a 3rd day of weekly rest, a rare but profitable approach against the shortage of personal. “Hiring … Read more

why americans are always buying more guns

DECRYPTION – Despite the repetition of the killings, the Americans continue to arm themselves massively. Each mass killing pours salt into the sore of the still heated debate over gun control in the United States. The death of nineteen children and two teachers by the bullets of an 18-year-old killer in Uvalde, Texas, is yet … Read more