Inflation fears continue to rattle global stocks
Global stocks are falling as a bond sell-off continues to rattle markets. Hong Kong’s Hang Seng Index led losses in Asia Pacific, tumbling…
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Inflation fears rattle Asian stocks yet again
Asian stocks are falling Thursday as a bond sell-off continues to rattle markets. Hong Kong’s Hang Seng Index was last down 2.5%, while…
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White House reporters clamor for press conference as Biden waits longer than predecessors
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. There are many ways…
Continue Reading SpaceX Mars prototype rocket nails landing for the first time, but explodes on Texas pad
BOCA CHINO, Texas — A SpaceX rocket prototype, known as SN10, soared over South Texas during test flight Wednesday before swooping down to a…
Continue Reading Women in sports don’t get the media coverage that men do. These 4 Olympians are trying to change that
US Olympians Sue Bird, Alex Morgan, Simone Manuel and Chloe Kim have teamed up to launch a new company aimed at focusing attention on women in sports…
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CEO of Texas power grid operator ‘terminated’ in aftermath of storm outages
AUSTIN, Texas — The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the…
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El Paso leaders urge masks despite Texas lifting mandate
EL PASO, Texas — Mayor Oscar Leeser and County Judge Ricardo Samaniego on Wednesday implored El Pasoans to continue wearing masks in the wake of…
Continue Reading Buckle up, Wall Street, we’re just getting started
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue Reading Dollar Tree announces new stores as demand for discount retailers skyrockets
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue Reading Sinclair to lay off hundreds of employees, citing ‘profound impact’ pandemic has had on its business
Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to…
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New Mexico governor signs relief bills with $600 payout to low-income workers, restaurant tax break
SANTA FE, New Mexico — New Mexico’s Democratic governor has signed economic relief legislation that provides $600 rebates to low-income…
Continue Reading Facebook to lift its ban on political advertising
Facebook said it plans to lift a moratorium on US political advertising this Thursday, ending a ban that had been in place since the November…
Continue Reading Dollar Tree will open 600 stores this year
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue Reading SpaceX aborts Mars prototype rocket test launch with 0.1 seconds on the clock
Another SpaceX rocket prototype was fueled and ready for a test flight Wednesday, but in the final moments before liftoff, the vehicle’s…
Continue Reading Wendy’s went all in on breakfast. It’s paying off
People are eating at home more. But Wendy’s says they’re still showing up for breakfast. The chain said Wednesday that sales at its US…
Continue Reading These Texas chains will still require masks once the state’s mandate is lifted
The end of mask mandates in Texas and Mississippi has created a dilemma for businesses: Keep such safety rules in place to protect against Covid-19…
Continue Reading Biden’s energy secretary vows to ‘leave no worker behind’ in the clean energy revolution
Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new…
Continue Reading Why facial piercings could help boost mall traffic
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue Reading This piercing chain thinks it has found a new way to get people through mall doors
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue Reading New fund tracks ‘meme stocks’ after GameStop saga caught Wall Street off guard
Looking for a hot stock to buy? Investors — especially younger millennial and Gen Z traders— are increasingly getting tips from sources like…
Continue Reading SoftBank-backed Greensill Capital is on the brink. 50,000 jobs could be at risk
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it…
Continue Reading Microsoft says a group of cyberattackers tied to China hit its Exchange email servers
Microsoft says that a sophisticated group of hackers linked to China has exploited its popular email service that allowed them to gain access to…
Continue Reading Japanese billionaire invites 8 people to join SpaceX mission around the Moon
Japanese fashion mogul Yusaku Maezawa, who first announced his intention in 2018 to take a group of artists with him on a six-day trip around the…
Continue Reading Texas theater chain Alamo Drafthouse files bankruptcy; El Paso locations not among those closing
AUSTIN, Texas — Alamo Drafthouse, the movie theater chain beloved by fans for its boozy milkshakes, theme nights and strict no-talking rules,…
Continue Reading UK says the biggest companies must pay more tax
Britain will hike taxes on its biggest companies in 2023 as it begins to repair government finances in the wake of the pandemic, the worst economic…
Continue Reading Private equity firm acquires Michaels in $5 billion deal
Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Apollo will buy all outstanding…
Continue Reading Right-wing misinformation on Facebook is more engaging than its left-wing counterpart, research finds
By now it’s well known that Facebook has a misinformation problem. The company has tried to address it in various ways, from labeling false…
Continue Reading Winter storm cools gun sales after Capitol insurrection led to record-setting January
The winter storm that left much of the nation covered in snow and ice last month also caused gun sales to cool down a bit after heating up in January…
Continue Reading TikTok empowered these plus-sized women, then took down some of their posts. They still don’t know why
After losing her marketing job due to the pandemic and then gaining 40 pounds, Remi Bader, 25, began spending more time on TikTok. She built up a…
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