Consumption is not weakening in the United States, it is being blown up by inflation

AFP, published on Tuesday, May 17, 2022 at 11:54 PM Consumer spending is still rising in the United States, but is being driven by inflation, which is lengthening consumers’ bills and shrinking the contents of their shopping baskets. Rising costs are also weighing on the profitability of some major retailers such as Walmart. Supermarket giant … Read more

Elon Musk questions his Twitter takeover and wants details on fake accounts

AFP, published on Friday 13 May 2022 at 22:44 Elon Musk is sending mixed signals about his plan to take over Twitter: On Friday, two hours after saying the takeover was “on hold” due to doubts about the number of fake accounts, the erratic boss assured he was “still committed to to complete the acquisition”. … Read more