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 raises rates three-quarters point, biggest hike since 1994

The US central bank now expects inflation to be 5.2% this year, down from 4.3% projected in March, and will therefore make further hikes at upcoming meetings in 2022. The central bank of the United States, surprised by the acceleration of inflation in May, at its highest for more than forty years, raised its key … Read more

In the United States, inflation, at 8.6%, worsens further

America is experiencing its most serious price spike in forty years. In May, the price index jumped 1% over one month. The hopes of the most optimistic to see inflation slow in the United States have been dashed. The consumer price index for the month of May reveals, on the contrary, an aggravation of the … 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

Allianz will pay 6 billion dollars to settle a litigation on fraudulent practices in the United States

It is a colossal sanction that falls on the insurance group, Allianz. The policeman of the American Stock Exchange, the SEC, announced Tuesday that the giant of the insurance Allianz had agreed to pay him more than a billion dollars to the authorities to settle a dispute relating to fraudulent practices of its subsidiary of … Read more

Buitoni apologizes for a 20 euro voucher offered to an affected family

The Nestlé brand acknowledged a mistake and said “to make sure it doesn’t happen again.” The family of a little girl contaminated with E. coli bacteria after eating a Buitoni pizza received a 20-euro voucher for this Nestlé brand, which its officials acknowledged on Monday by pleading the error. “This should not have been done … Read more

In the United States, employees in a position of strength

American companies are short of manpower. The ILWU, one of the strongest unions in the country, is in a strong position to win higher wages and better working conditions. Washington Correspondent The negotiations which have just opened between the union of 22,000 dockworkers on the west coast and the operators of the largest American ports … Read more

In the United States, the dismay of parents faced with the shortage of baby milk

In question, the supply problems accentuated by the closure of a factory of the manufacturer Abbott. The case took a political turn. “Creepy”, “frustrating”. It’s an unimaginable stressful situation for many American parents: The United States is experiencing a very rare shortage of baby milk. In question, the supply problems accentuated by the closure of … Read more

reversing the right to abortion would have “adverse” consequences for the economy, warns the Treasury Secretary

The US Supreme Court’s 1973 “Roe vs. Wade” decision “helped increase labor force participation,” recalled Janet Yellen. A reversal of the right to abortion in the United States would have consequences “very bad for the economypreventing women from continuing their education and earning a decent living, increasing their chances of falling into poverty, US Treasury … Read more

US mulls letting Russia continue to repay dollar debt

The United States is considering whether to let expire or extend a sanctions waiver that allows Russia to continue to repay its debt and thus escape default, Treasury Secretary Janet Yellen said on Tuesday. Read alsoRussia finally escapes default in confusion It is “something we are actively looking at right now. We want to make … Read more