This number shows that high inflation is sticking around
By Julia Horowitz, CNN The latest inflation figures from the United States, the United Kingdom and the European Union are feeding hopes that the…
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Top Chinese investment banker Bao Fan is latest CEO to go missing
By Michelle Toh, CNN One of China’s top investment bankers has become unreachable, according to his company. China Renaissance, an investment…
Continue ReadingLufthansa cancels over 1,300 flights as airport workers strike
By Chris Stern, Inke Kappeler and Olesya Dmitracova, CNN Lufthansa has canceled more than 1,300 flights scheduled for Friday after the Verdi labor…
Continue ReadingSoaring energy costs could push 141 million into extreme poverty, report says
By Tara Subramaniam, CNN The energy crisis triggered by Russia’s war in Ukraine could push 141 million people worldwide into extreme poverty,…
Continue ReadingFox News stars and executives privately trashed Trump’s election fraud claims, court document reveals
By Oliver Darcy, CNN The most prominent stars and highest-ranking executives at Fox News privately ridiculed claims of election fraud in the 2020…
Continue ReadingTesla recalling nearly 363,000 vehicles equipped with ‘Full Self-Driving’
By Chris Isidore, CNN Tesla is recalling all 363,000 US vehicles with its so-called “Full Self Driving” driver assist software due to…
Continue ReadingMortgage rates jump to 6.32%
By Anna Bahney, CNN Mortgage rates climbed higher for the second consecutive week, following four weeks of declines. Inflation is running hotter,…
Continue ReadingHousehold debt hit record $16.9 trillion last quarter, as consumers loaded up their credit cards
By Alicia Wallace, CNN Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates,…
Continue ReadingNigeria reissues old banknote as cash fiasco threatens to disrupt election
By Nimi Princewill and Stephanie Busari, CNN President Muhammadu Buhari on Thursday directed Nigeria’s central bank to reissue old 200-naira…
Continue ReadingStocks slide as investors worry about more rate hikes
By Paul R. La Monica, CNN Inflation doesn’t seem to be going away anytime soon. And that’s weighing on Wall Street. Stocks tumbled…
Continue ReadingJudge says Bankman-Fried could ‘conceivably’ have bail revoked
By Kara Scannell and Allison Morrow, CNN A federal judge said Thursday that there may be “probable cause” to believe that FTX founder Sam…
Continue ReadingCalifornia’s heavy rains deliver hope of a lifeline for one devastated industry — rice
By Parija Kavilanz, CNN The fierce storms and heavy rain that have pounded California in recent weeks could be the lifeline that one industry —…
Continue ReadingTesla accused of firing union supporters days after organizing effort starts
By Chris Isidore, CNN Tesla has fired more than 30 supporters of a nascent union at its Buffalo facility, just days after the organizing effort was…
Continue ReadingUS new home construction fell in January for the fifth straight month
By Anna Bahney, CNN US home building fell again in January, marking five straight months of declines, even as mortgage rates moderated and inflation…
Continue ReadingProducer prices rose in January but annual inflation continued to cool
By Alicia Wallace, CNN A key inflation metric showed wholesale prices picked up in January from December but continued to cool on an annual basis,…
Continue ReadingDon’t underestimate the American shopper
By Nicole Goodkind, CNN It’s never wise to underestimate the power of the American consumer, which has kept America’s economy humming…
Continue ReadingChina sanctions Lockheed, Raytheon after vowing to retaliate against US restrictions
By Wayne Chang and Simone McCarthy, CNN China has imposed sanctions on two American defense manufacturers over arms sales to Taiwan, a day after…
Continue ReadingStarbucks doubles down on Asia Pacific with biggest expansion in five years
By Michelle Toh, CNN Starbucks will open more than 400 stores across Asia Pacific in 2023, marking its biggest expansion in the region in five years.…
Continue ReadingBBC won’t be ‘put off’ covering India by tax raids and censorship
CNN By Hanna Ziady, CNN The BBC says it will not be “put off” from reporting in India after the government prevented a documentary…
Continue ReadingSearch of BBC offices by Indian government ends after three day raid
By Manveena Suri, Kunal Sehgal and Rhea Mogul, CNN Indian tax officials have ended their days-long search of the BBC’s offices in New Delhi and…
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