US wholesale inflation closes out 2023 with 1% annual rate in December
By Alicia Wallace, CNN New York (CNN) — US producer prices fell in December for the third consecutive month, bringing a closely watched gauge…
Continue ReadingMonth: January 2024
US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker
By TOM KRISHER and DAVID KOENIG AP Business Writers The Federal Aviation Administration says it will increase oversight of Boeing and audit…
Continue ReadingFAA keeps Boeing’s 737 Max 9 grounded as it reviews inspections and data
By Pete Muntean, CNN (CNN) — The Federal Aviation Administration said on Friday that after reviewing Boeing’s instructions for inspecting…
Continue ReadingSnow Report: January 12th
Lots of new snow at the moment. Mt Bachelor is temporarily closed due to an influx of snow and more is on the way! Additionally, snow is likely…
Continue ReadingIRS says it collected $360 million more from rich tax cheats as its funding is threatened yet again
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS says it has collected an additional $360 million in overdue taxes from delinquent…
Continue ReadingTexas Department of Public Safety helicopter crashes near Mexican border with minor injury reported
SPOFFORD, Texas (AP) — A Texas Department of Public Safety helicopter patrolling the state’s border with Mexico has crashed, injuring at least…
Continue ReadingFrance’s youngest prime minister holds 1st Cabinet meeting with ambition to get ‘quick results’
PARIS (AP) — French President Emmanuel Macron’s office says new Prime Minister Gabriel Attal held his first Cabinet meeting on Friday with one…
Continue ReadingCheddar News, the business-focused startup, has been hollowed out. ‘It feels like the end,’ sources say
By Oliver Darcy, CNN New York (CNN) — Not too long ago, on the 25th and 26th floors of the One State Street tower in lower Manhattan, a vibrant…
Continue ReadingThe Fed’s latest balancing act: cutting rates too soon vs. waiting too long
By Elisabeth Buchwald, CNN New York (CNN) — Throughout much of last year, the question of whether interest rates were high enough to rein in…
Continue ReadingBank earnings look really bad this quarter. Here’s why
By Nicole Goodkind and Krystal Hur, CNN New York (CNN) — JPMorgan Chase kicked off earnings season Friday with a big miss. But that’s because…
Continue ReadingBurberry’s share price hit as luxury brand warns about lower trading over crucial Christmas period
LONDON (AP) — Burberry, the London-based luxury goods fashion house, saw its share price fall after it warned that profits this year would be lower…
Continue ReadingMass killer who says his rights are violated should remain in solitary confinement, Norway says
COPENHAGEN, Denmark (AP) — Norway’s government says Anders Behring Breivik, a right-wing extremist who killed 77 people in 2011, remains…
Continue ReadingOil prices rise as US-led strikes in Yemen raise fears of wider conflict
By Matt Egan, CNN New York (CNN) — US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply…
Continue ReadingUS tennis star Ben Shelton doesn’t want to ‘put a ceiling’ on what he can achieve
By George Ramsay, CNN (CNN) — About this time last year, Ben Shelton was an up-and-coming tennis player taking his first-ever trip outside the…
Continue Reading‘Life-threatening’ blizzard will slam Iowa as record-low temps or tornado-spawning storms could hit the South and East Coast
By Holly Yan and Robert Shackelford, CNN (CNN) — A calamitous cocktail of vicious winds, extreme snowfall, dangerous thunderstorms and…
Continue Reading5 things to know for Jan. 12: Winter storm, Middle East, Trump trial, Hunter Biden, Taiwan election
By Alexandra Banner, CNN (CNN) — Eggs are getting more expensive at grocery stores as bird flu has once again struck the industry. Fortunately,…
Continue ReadingCrew survives after a US Navy helicopter crashes into San Diego Bay
By Paradise Afshar and Taylor Romine, CNN (CNN) — An investigation is underway to figure out why a US Navy helicopter crashed this week into…
Continue ReadingTom Brady pays tribute to ‘best coach in the history of the NFL’ Bill Belichick after 71-year-old says he’s leaving Patriots
By Ben Morse, CNN (CNN) — Tom Brady paid tribute to Bill Belichick, the long-time head coach of the New England Patriots with whom he had so…
Continue ReadingIndonesia and Vietnam discuss South China sea and energy issues as Indonesian president visits
By ANIRUDDHA GHOSAL Associated Press HANOI, Vietnam (AP) — Indonesia and Vietnam agreed to cooperate on fisheries on Friday as Indonesian President…
Continue ReadingMajor travel disruptions: Highest number of US flight cancellations in six months
By Ramishah Maruf, Ross Levitt and Pete Muntean, CNN New York (CNN) — Winter weather, combined with the grounding of Boeing 737 Max 9 aircraft,…
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