Fed’s preferred measure of inflation shows prices surged again last month
Martha C. White for CNN Business After hitting an alarming 40-year high in June, the Federal Reserve’s preferred benchmark for consumer…
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Can Porsche cure an ailing IPO market?
By Nicole Goodkind, CNN Business Warnings of global recession are widespread, inflation is persistent and Russia is escalating the crisis in Europe.…
Continue ReadingThe UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes again
By Mark Thompson, CNN Business There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the…
Continue ReadingFlorida’s home insurance market was a mess before Ian. It’s about to get worse
By Chris Isidore, CNN Business Florida homeowners were already facing an expensive and difficult market for home insurance before Hurricane Ian. The…
Continue ReadingFlorida’s home insurance market was a mess before Ian. It’s about to get worse
CNN By Chris Isidore, CNN Business Florida homeowners were already facing an expensive and difficult market for home insurance before Hurricane Ian.…
Continue ReadingKing Charles III’s coin portrait unveiled by UK Royal Mint
By Amarachi Orie, CNN Business The portrait of King Charles III that will feature on British coins has been unveiled by the Royal Mint, the official…
Continue ReadingLed by Hong Kong, Asian stocks on track to suffer worst month since Covid began
By Laura He, CNN Business Asian markets are careening toward their worst month since the Covid pandemic began, hit by a mighty US dollar and rising…
Continue ReadingWhy the ghost of 2008 still haunts us in 2022
CNN, CNN BUSINESS By Allison Morrow, CNN Business All week, there have events in the news that have come in under of the banner of “this…
Continue ReadingWhy the ghost of 2008 still haunts us in 2022
By Allison Morrow, CNN Business All week, there have events in the news that have come in under of the banner of “this hasn’t happened…
Continue ReadingNASA, SpaceX to study boosting Hubble to higher orbit in a bid to extend its life
By Jackie Wattles, CNN Officials at NASA have signed a Space Act Agreement with SpaceX to investigate the benefits and risks of having a private…
Continue ReadingNASA, SpaceX to study boosting Hubble to higher orbit in a bid to extend its life
CNN, NASA TV, APL, YOUTUBE, NASA, JOHNS HOPKINS APL, ED WHITMAN, TWITTER, @ASTROSNAPPER, @FALLINGSTARIFA, TOUCHSTONE PICTURES, UNIVERSAL PICTURES By…
Continue ReadingUS officials troubled by controversial UK tax cut plan
By Matt Egan, CNN Business US officials are increasingly troubled by the United Kingdom’s proposal to slash taxes at a time of crushing…
Continue ReadingThink mortgage rates are high now? Homebuyers in the 1980s were paying 19%
By Anna Bahney, CNN Business Think mortgage rates are high now? Connie Strait remembers when she was starting her career in real estate in the early…
Continue ReadingStocks end Wednesday slightly lower following huge two-day surge
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business Maybe that October market rally has some legs after all? Stocks were mostly unchanged Wednesday,…
Continue ReadingH&M could start charging customers for making returns
By Parija Kavilanz, CNN Business So much for impulse buying at H&M. The next time you shop there, specifically online, and then regret bagging…
Continue ReadingGermany will borrow nearly $200 billion to cap consumers’ energy bills
By Reuters and Anna Cooban, CNN Business The German government announced plans to borrow €200 billion ($195 billion) to cap natural gas prices for…
Continue ReadingBed Bath & Beyond is failing fast
By Nathaniel Meyersohn, CNN Business Bed Bath & Beyond is losing shoppers and money at a rapid clip, and the company will need to quickly…
Continue ReadingLatest jobless claims fall to 193,000, underscoring still-tight labor market
By Alicia Wallace, CNN Business The number of first-time claims for unemployment benefits dropped considerably last week, underscoring how employers…
Continue ReadingLatest GDP reading confirms the US economy shrank for two straight quarters, supporting one definition of a recession
By Alicia Wallace, CNN Business The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product…
Continue ReadingDow plunges and is back in a bear market
By Paul R. La Monica, CNN Business The third quarter is about to end — and investors are wishing the past nine months good riddance. Stocks…
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