Takeaways from Powell’s congressional testimony
By Alicia Wallace, CNN Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary…
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What to watch as Fed Chair Powell testifies before Congress
By Nicole Goodkind, CNN Federal Reserve Chair Jerome Powell is on the hot seat this week as he testifies before Congress. Investors will be watching…
Continue ReadingSri Lanka expects approval of $2.9 billion IMF deal after China support
Reuters Sri Lanka expects final approval from the International Monetary Fund for a $2.9 billion loan in the third or fourth week of this month, the…
Continue ReadingFrench oil refineries blockaded as 1 million protest against pension reforms
By Pierre Bairin, Aurore Laborie and Hanna Ziady, CNN Oil refineries across France were blockaded Tuesday by workers taking part in a…
Continue ReadingA takeover battle for the future of K-pop is heating up
By Michelle Toh and Gawon Bae, CNN Kakao, one of South Korea’s top internet giants, has doubled down on its quest to take control of SM…
Continue ReadingXi Jinping hits out at US as he urges China’s private firms to ‘fight’ alongside Communist Party
CNN By Laura He, CNN China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s…
Continue ReadingXi Jinping hits out at US as he urges China’s private firms to ‘fight’ alongside Communist Party
By Laura He, CNN China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s…
Continue ReadingOne of India’s trash mountains is on fire again and residents are choking on its toxic fumes
By Rhea Mogul, CNN Firefighters in the southern Indian city of Kochi were toiling Tuesday to control toxic fumes from spreading after a landfill…
Continue ReadingGoogle’s 16th employee is getting her own Barbie
By Parija Kavilanz, CNN Barbie isn’t one to be pigeonholed into a profession just because she’s a woman. She’s had an impressive…
Continue Reading‘Dilbert’ to return on Scott Adams’ subscription service
By Ramishah Maruf, CNN Dilbert is coming back. At least in a different sense. Scott Adams, the comic creator who was dropped by hundreds of…
Continue ReadingSix small things you can do this year to improve your financial future
By Jeanne Sahadi, CNN You know very well you could do a million things to improve your financial situation. The problem, though, is that changing a…
Continue ReadingJPMorgan Chase CEO Jamie Dimon says Ukraine invasion is a top economic concern
By Nicole Goodkind, CNN The war in Ukraine and US-China relations are two of JPMorgan Chase CEO Jamie Dimon’s largest economic concerns, he…
Continue ReadingAmerica’s credit rating could get downgraded even if a default is avoided, Fitch Ratings warns
By Matt Egan, CNN Every few years, Washington plays a dangerous game of chicken over whether to raise the debt ceiling or default on US debt. Even if…
Continue ReadingAmazon closing some of its cashier-free stores
By Chris Isidore, CNN Business Amazon is permanently closing eight of its 29 Amazon Go convenience stores that offer customers the ability to shop…
Continue ReadingHead of UK business lobby steps aside following complaints about his conduct
By Robert North, CNN The head of the main business lobby in the United Kingdom is stepping aside while an investigation takes place into complaints…
Continue ReadingSiriusXM to cut 8% of workforce, eliminating 475 jobs
By Jon Passantino Satellite radio giant SiriusXM is laying off 475 people, or about 8% of its workforce, as part of a broad restructuring. With the…
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Larry Summers: US economy could hit an ‘air pocket’ in the coming months
By Alicia Wallace, CNN The US economy may still be running fast and strong, but its risk of suddenly falling into a recession still looms large,…
Continue ReadingCNN anchor Kasie Hunt gives birth in surprise 13-minute labor
CNN By Nicole Goodkind, CNN CNN anchor and chief national affairs analyst Kasie Hunt and husband Matthew Mario Rivera welcomed their second child to…
Continue ReadingConsumers keep spending. That might not be good news for them or the Fed
By Alicia Wallace, CNN US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also…
Continue ReadingHoda Kotb returns to ‘Today’ after daughter’s illness forced a two-week absence
By Jordan Valinsky, CNN Hoda Kotb returned to co-anchoring NBC’s “Today” show following a two-week absence, explaining to viewers…
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