Juan Pablo Elverdin (CNN) — Los mercados estadounidenses cedieron las ganancias del día anterior en la mañana de este jueves, ya que los inversores sopesaron aún más el mensaje de la Fed en torno a la posibilidad de una inminente recesión. Las acciones se dispararon inmediatamente después de la reunión de la Fed cuando su
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CNN Editorial Research Here’s a look at the life of Iraq’s former Prime Minister Nuri al-Maliki. Personal Birth date: July 1, 1950 Birth place: Hindiya, Iraq (some sources say Hilla) Birth name: Nuri Kamil al-Maliki Marriage: Married Children: Four daughters and a son Education: Usul al-Din College, B.A., Islamic Studies, 1973; Salahaddin University, M.A., Arabic
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By NOHA ELHENNAWY Associated Press CAIRO (AP) — The U.N. food agency says that a third of Sudan’ population is currently facing a food crisis due to the compounded impact of climate shocks, political turmoil and rising global food prices. A joint report by the World Food Program and the Food and Agriculture Organization released
Continue Reading MILAN (AP) — Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2030. CEO Benedetto Vigna confirmed that the first electric car will be presented in 2025, with the first deliveries the following year. Now, just four Ferrari models, or 20% of
Continue Reading By Tierney Sneed The Senate Judiciary Committee deadlocked Thursday in its nomination vote for Steve Dettelbach, President Joe Biden’s pick to run the Bureau of Alcohol, Tobacco, Firearms and Explosives. The tie committee vote means that Democrats will have to use an additional procedural maneuver to put Dettelbach’s nomination on the Senate floor. That vote
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Julia Buckley, CNN As the quest for less environmentally damaging aviation continues, one Spanish airline has thrown its hat into the ring by ordering new hybrid airships — which pack as much of a punch visually as they are said to do environmentally. Air Nostrum, which operates flights under the Iberia Regional umbrella from its
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By Anna Bahney, CNN Business Mortgage rates surged by more than half a percentage point this week amid rising inflation and an interest rate hike by the Federal Reserve, according to Freddie Mac. The jump is the largest one-week increase since 1987. The 30-year fixed-rate mortgage averaged 5.78% in the week ending June 16, up
Continue Reading By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates made their biggest one-week jump in 35 years, one day after the Federal Reserve raised its key rate by three-quarters of a point in bid to tame high inflation. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate climbed from
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GAIBA, Italy (AP) — Fourth-seeded Claire Liu was upset by Tatjana Maria 7-6 (3), 6-7 (3), 6-3 in the second round of the Veneto Open. The 35-year-old Maria converted her first match point when her American opponent hit a return into the net. Maria will next face sixth-seeded Diane Parry in the quarterfinals. The Frenchwoman
Continue Reading By Matt Egan, CNN Business The Federal Reserve is stepping up its war on inflation. That means borrowing costs are going sharply higher for families and businesses. The US central bank increased its benchmark interest rate by three-quarters of a percentage point on Wednesday, which is the biggest single hike since 1994. This follows the
Continue Reading BRUSSELS (AP) — The European Union’s executive arm is preparing its recommendation on Ukraine’s request to join the EU. The European Commission’s endorsement of making the war-torn country a candidate for membership would only be a tentative step on a path that could take decades to complete. But it would send a strong symbol of
Continue Reading Juan Pablo Elverdin Nueva York (CNN Business) — Hao Jia estaba tan convencido en el potencial de las criptodivisas que dejó pasar un trabajo en una gran empresa tecnológica, Oracle, para aceptar otra oferta que recibió a principios de abril para ser ingeniero de software en una de las startups de criptomonedas más en boga,
Continue Reading By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Soaring gasoline prices have left many consumers with no choice but to cut spending on non-essentials, but it might be coming full circle by stopping some drivers from filling up their tanks. This “demand destruction” occurs when persistently high prices cause demand to drop.
Continue Reading By KEN SWEET AP Business Writer NEW YORK (AP) — The cryptocurrency company Circle says it will start issuing its first euro-denominated cryptocurrency, a stablecoin known as Euro Coin, later this month. It would be the first stablecoin in euros backed by a large player in the industry and could potentially become a major conduit
Continue Reading PARIS (AP) — McDonald’s France and related companies have agreed to pay over 1.2 billion euros ($1.3 billion) to the French state to settle a case in which the fast-food giant was accused of years of tax evasion. A Paris court approved the settlement Thursday, the French national financial prosecutor’s office said. McDonald’s said the
Continue Reading By Lisa Respers France, CNN We don’t know much about Beyoncé’s next project, but we do know that it’s coming. Tidal, the streaming service purchased by her husband Jay-Z in 2015, tweeted a hint on Thursday. “Beyoncé RENAISSANCE July 29,” the post reads. Her social media account bios also contained the same information as does
Continue Reading Alejandra Ramos (CNN Español) — Las remesas —el dinero que los migrantes envían a sus seres queridos en sus países de origen— son una fuente importante de financiamiento externo para países como México, Colombia y Argentina. Pero, ¿cuál es su impacto en la economía en Latinoamérica? De hecho, las remesas han sido la principal fuente
Continue Reading A Rolling Stones postponement after a positive COVID test, a Jennifer Lopez documentary, and a new tune from John Legend. David Daniel reports.
Continue Reading By Lisa Respers France, CNN Mick Jagger has shared that his health is improving after testing positive for Covid-19. The Rolling Stones frontman posted a message on his verified Instagram Wednesday, writing “you all so much for your well wishes and messages the last few days.” “I’m feeling much better and can’t wait to get
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Dolly Parton gives $1M more for medical research, Bradley Cooper on his recovery, and Denzel Washington reteams with Dakota Fanning. David Daniel reports.
Continue Reading TEHRAN, Iran (AP) — Iran’s Central Bank has issued a directive allowing licensed exchange offices to resume buying and selling foreign currency, days after traders protested over the worsening economic situation. The country’s state-run media reported on the development on Thursday. Iran had banned all trading by individuals at private exchanges since 2018, allowing these
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By Sarah Boxer, Dakin Andone and Laura Ly, CNN The 18-year-old accused of killing 10 Black people at a Buffalo, New York, supermarket last month apologized to his family for carrying out the mass shooting, writing in a note he “had to commit this attack” because he cared “for the future of the White race,”
Continue Reading Zeneta Everhart, whose 21-year-old son survived the Buffalo grocery store shooting, testified before Congress about the injuries her son sustained.
Continue Reading Melissa Velásquez Loaiza (CNN Español) — La actriz estadounidense Amber Heard habló en exclusiva con Savannah Guthrie de NBC News, en su primera entrevista desde el juicio por difamación de alto perfil entre ella y su exesposo Johnny Depp. Heard se sentó en una entrevista exclusiva, en la que no se retractó de las acusaciones
Continue Reading BY MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as the U.S. job market remains strong in the face of rising inflation and interest rates. Applications for jobless aid fell by 3,000 to 229,000 for the week ending June 11, the Labor Department reported Thursday. First-time applications
Continue Reading By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — Qatar Airways, one of the Mideast’s largest carriers known for on-board comfort and luxury, says profits over the past fiscal year topped $1.5 billion. It marks the highest ever earnings for the state-owned carrier as it prepares to see a record surge in travelers
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By Jennifer Korn, CNN Business Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm, Oracle, to take another offer he received in early April to be a software engineer at one of the buzziest crypto startups, Coinbase. But last week, Jia was one
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EL PASO, Texas — The pandemic made an impact on everyones health especially in children. The Centers for Disease Control and Prevention says childhood obesity went up 22 percent during the height of the pandemic. El Paso Children’s Hospital is working to change that through their “Empower Program.” The Empower Program is geared towards helping
Continue Reading CNN By Jamie Gangel, Jeremy Herb and Elizabeth Stuart, CNN Retired federal judge J. Michael Luttig, a Republican who is testifying at Thursday’s January 6 committee hearing, will provide a sharp condemnation of former President Donald Trump’s attempts to overturn the 2020 election, saying Trump and his allies “instigated” a war on democracy “so that
Continue Reading BARCELONA, Spain (AP) — Dani Alves is leaving Barcelona five months after the veteran Brazil right back returned to the Spanish club he helped lead to 23 titles. The 39-year-old Alves won the Champions League three times among a slew of other trophies in his first stint for Barcelona from 2008-16. He came back to
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