Rising demand for anti-obesity drugs like Novo Nordisk’s Wegovy offers opportunities for drug makers. food and the market’s initially pessimistic reaction could be overblown, investors said. When Walmart said this month that it saw a slight decline in food consumption when people took the drug, it sparked a sell-off in shares of companies such as […]
Tag: United States
Powell acknowledges before the US Congress the possibility of more rate hikes this year
The Chairman of the Federal Reserve, Jerome Powellrecognized this Wednesday that, after the pause in June, during the coming months it is likely that interest rates will continue to rise, an increase that will depend on economic data. “Almost all of the participants in the Federal Open Market Committee,” the body of the Fed that […]
Buying a house in Miami is not a myth despite inflation, says Bank of America
The increase in mortgages and rents in Miami seems to distance the Hispanic community from the dream of owning a home, an idea that Bank of America says you have to “demystify” and for this he will carry out on June 3 in this city of Florida a workshop in collaboration with EFE. Cities like […]
Record profit for Inditex, owner of Zara, despite war and inflation
The Spanish fashion giant Inditexowner of the brand zaraobtained the highest profit in its history in 2022, despite the impact on its activities of the war in Ukraine and strong inflation. The world leader in mass fashion, run for a year by martha ortegadaughter of billionaire Amancio Ortega, founder of the company, achieved 4.130 million […]
The states most affected in the United States by the winter storm 2023
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Although the winter in the northern hemisphere is about to end, a last blast of cold hits the United States. The winter storm It is mainly affecting the Midwest region of the country and here we list which are the affected states. Since February 21, 2023, various winter phenomena have been occurring in various parts […]
Chevron has already loaded its first ship with Venezuelan oil for the US and is preparing the second
American oil company Chevron completed the work of loading crude oil from Venezuela and is preparing the arrival of a second freighter for this week, according to Argus, a medium specializing in hydrocarbons matters. This first batch of commercial reconciliation at the energy level between the North American nation and the Government of Nicolás Maduro […]
Oil rebounds due to travel season, in a week marked by the weakness of the dollar
The prices of Petroleum international had a slight takeoff this Monday thanks to the demand for fuel in the United States, the little supply and a slightly weaker dollar. For its part, China is getting ready to reopen its borders after a confinement that lasted two months and that contributed to concerns about a marked […]
Russia’s Military Capability Declines in Ukraine as Deaths Rise, US Official Says
The power of Russian combat in Ukraine has dropped below 90% from pre-invasion levels for the first time since the attacks began, a senior US Defense official said. United Statessuggesting heavy weapon losses and increased casualties. United States estimates that Russia gathered more than 150,000 soldiers around Ukraine before the February 24 invasion, along with […]
Long lines for fuel in Cuba raise concern about rationing and supply
Hour-long lines formed at gas stations in Havana on Monday generated concern among Cubans, after local media reported fuel rationing in at least one province, at a time of an acute economic crisis that has left food shortages. and medications in Cuba. Geobel Quinterocoordinator of programs of the provincial government of killingstold local media that […]
US: Will a more aggressive increase in the Fed’s benchmark rate be necessary?
The Federal Reserve (fed) of the United States raised its benchmark interest rates for the first time since 2018, to fight the inflationwhich reached a 40-year high in the United States. This first rate increase was moderate, by a quarter of a percentage point, to take them to a range of 0.25% to 0.50%after inflation […]