Moody’s estimates Hawaiian wildfires caused up to $6 billion in economic losses
CNN By Ramishah Maruf, CNN New York (CNN) — Moody’s RMS estimated up to $6 billion in economic losses from the devastating wildfires in…
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Lachlan Murdoch pays over $800,000 in legal fees to Australian publisher after abandoning defamation suit
By Liam Reilly, CNN (CNN) — Lachlan Murdoch, Fox Corporation’s chief executive, paid substantial legal fees to Private Media, which publishes…
Continue ReadingWhy inflation makes Britain’s debt the costliest among rich economies
By Hanna Ziady, CNN London (CNN) — The UK government went all out to prop up the economy through the Covid pandemic and the initial phase of…
Continue ReadingNew York Red Bull tickets usually cost $46. Here’s what they cost now that Messi is playing
By Jordan Valinsky, CNN Business New York (CNN) — Seeing superstar soccer player Leo Messi’s debut in the New York area could cost you as…
Continue ReadingVegan Sam Bankman-Fried is subsisting only on bread and water in jail, his attorneys say
By Lauren del Valle and Allison Morrow, CNN New York (CNN) — Sam Bankman-Fried pleaded not guilty Tuesday to an amended indictment alleging…
Continue ReadingUS home prices rose in July after 5 months of declines
By Anna Bahney Washington, DC (CNN) — US home buyers have a new challenge in addition to mortgage rates above 7%: Prices are rising again,…
Continue ReadingDick’s Sporting Goods blames ‘increasingly serious’ theft problem for profit plunge
By Parija Kavilanz and John Miller, CNN New York (CNN) — Dick’s Sporting Goods warned Tuesday that retail theft is damaging its business and…
Continue ReadingMeta’s Threads is finally available on desktop
By Clare Duffy, CNN New York (CNN) — Threads users, rejoice: the app is rolling out its highly anticipated web version Tuesday. The update —…
Continue ReadingShoppers are trading down, even in secondhand purchases
CNN By Parija Kavilanz, CNN New York (CNN) — Jitters about the health of the economy aren’t stopping consumers from buying, but they are…
Continue ReadingShoppers are trading down, even in secondhand purchases
By Parija Kavilanz, CNN New York (CNN) — Jitters about the health of the economy aren’t stopping consumers from buying, but they are becoming…
Continue ReadingGM’s Cruise slashed fleet of robotaxis by 50% in San Francisco after collisions
CNN By Samantha Delouya, CNN (CNN) — California authorities have asked General Motors to “immediately” take some of its Cruse robotaxis off…
Continue ReadingMore bad news for Bud Light as Modelo soars in sales
By Jordan Valinsky, CNN New York (CNN) — Modelo Especial is now officially America’s best-selling beer, dethroning Bud Light, whose…
Continue ReadingUS commerce secretary will visit China next week at a critical moment for the world’s top two economies
By Kylie Atwood and Jeremy Diamond, CNN (CNN) — US Commerce Secretary Gina Raimondo will visit China next week at a critical time for the…
Continue ReadingThe workplace can be rough for menopausal women. Employers are starting to step up
By Jeanne Sahadi, CNN New York (CNN) — From hot flashes and heart palpitations to chronic insomnia and brain fog, menopausal symptoms may…
Continue ReadingPopeyes is coming back to China in a big way
By Michelle Toh, CNN Hong Kong (CNN) — Fried chicken fans in China are about to get another option. The new operator of Popeyes in the country…
Continue ReadingTeamster members ratify deal at UPS, putting strike threat to rest
CNN, KCCI, TEAMSTER.ORG, UPS By Chris Isidore, CNN New York (CNN) — Rank-and-file members of the Teamsters union have overwhelmingly ratified a…
Continue ReadingTeamster members ratify deal at UPS, putting strike threat to rest
By Chris Isidore, CNN New York (CNN) — Rank-and-file members of the Teamsters union have overwhelmingly ratified a five-year deal with UPS,…
Continue ReadingMicrosoft gives ground on streaming in bid to remove UK block on Activision deal
By Olesya Dmitracova, CNN London (CNN) — Microsoft has made a major concession to UK authorities in a bid to remove the last remaining…
Continue ReadingChina fines US due diligence firm Mintz Group $1.5 million for ‘unapproved’ investigations
By Laura He, CNN Hong Kong (CNN) — China has fined Mintz Group, an American corporate due diligence firm, about $1.5 million for allegedly…
Continue ReadingS&P downgrades five US banks following Moody’s lead
By Elisabeth Buchwald, CNN New York (CNN) — S&P Global Ratings downgraded five regional US banks by one notch and signaled a negative…
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