What will the Fed do next? Follow the economy, not what Jerome Powell says
By Paul R. La Monica, CNN Business The stock market has been on a roller coaster ride, largely because of Wall Street’s shifting expectations…
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Italy directs NGO rescue ship with 89 migrants to port
MILAN (AP) — The German humanitarian group Mission Lifeline says that Italy has directed its migrant rescue ship with 89 people on board to proceed…
Continue Reading Facebook parent company Meta will lay off 11,000 employees
CNN, CNN BUSINESS By Catherine Thorbecke, CNN Business Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the…
Continue Reading Wall Street Journal: Meta is planning significant layoffs
By Catherine Thorbecke, CNN Business Facebook-parent Meta is planning the first significant layoffs in its history as the company grapples with a…
Continue Reading U.S. sanctions South African Islamic State-affiliated firms
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. has imposed its second round of sanctions in less than a week on people and firms in…
Continue Reading Kosovo accuses Serbia of trying to destabilize country
By FLORENT BAJRAMI and LLAZAR SEMINI Associated Press PRISTINA, Kosovo (AP) — Kosovo has accused neighboring Serbia of trying to destabilize the…
Continue Reading Kenya Airways pilots strike over benefits, stopping flights
By EVELYNE MUSAMBI Associated Press NAIROBI, Kenya (AP) — Pilots working for Kenya’s national airline have been on strike for three days over a…
Continue Reading Airbnb to make prices clearer after user complaints of hidden fees
By Jennifer Korn, CNN Business Airbnb on Monday said it plans to make the total cost of rental properties, including all fees, clearer to customers…
Continue Reading Walgreens push into comprehensive care picks up momentum
By MATT OTT AP Business Writer Walgreens extended its push into more comprehensive health care with its VillageMD unit acquiring another urgent and…
Continue Reading Hacking attack idles Polish government’s investment website
WARSAW, Poland (AP) — An attack by unknown hackers has idled the website of the Polish government office regulating public investment. The Public…
Continue Reading A recession in the US is not a slam dunk, Goldman Sachs says
By Matt Egan, CNN Business While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s…
Continue Reading BioNTech earnings drop but forecast for vaccine income grows
BERLIN (AP) — BioNTech, which teamed with Pfizer to develop a powerful COVID-19 vaccine, has reported that third-quarter earnings are close to half…
Continue Reading A former NBA champion is changing ‘how the world builds’ to fight the climate crisis
CNN, CNNBUSINESS By Hanna Ziady, CNN Business Three years ago, a hurricane devastated the Bahamas, claiming dozens of lives. Today, the country is…
Continue Reading A former NBA champion is changing ‘how the world builds’ to fight the climate crisis
By Hanna Ziady, CNN Business Three years ago, a hurricane devastated the Bahamas, claiming dozens of lives. Today, the country is building what it…
Continue Reading EXPLAINER: Carbon ‘offsets’ for World Cup in Qatar
By SUMAN NAISHADHAM Associated Press WASHINGTON (AP) — Qatar has said the upcoming FIFA 2022 World Cup soccer tournament it’s hosting will be the…
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Facebook parent Meta is preparing large-scale layoffs
(CNN)- Twitter isn’t the only social media platform announcing layoffs. According to the Wall Street journal, Facebook parent meta is preparing to…
Continue Reading Insider Q&A: Kind Founder Lubetzky on entrepreneurship
By DEE-ANN DURBIN AP Business Writer To entrepreneur Daniel Lubetzky, kindness means more than just being nice. The founder of Kind snacks says…
Continue Reading Liverpool owner FSG prepared to sell shares in EPL club
By JAMES ROBSON AP Soccer Writer The owner of Liverpool has confirmed it is open to selling shares in the club amid speculation it is inviting offers…
Continue Reading Brooklyn Nets owners start program for minority-led startups
By GLENN GAMBOA AP Business Writer NEW YORK (AP) — Clara Wu Tsai, co-owner of the Brooklyn Nets, launched the largest business accelerator for…
Continue Reading Qatar’s promise of ‘carbon-neutral’ World Cup raises doubts
By SUMAN NAISHADHAM Associated Press WASHINGTON (AP) — In the 12-year run-up to hosting the 2022 men’s World Cup soccer tournament, Qatar has…
Continue Reading Blaze roasts side of downtown Dubai high-rise in latest fire
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — A fire broke out early Monday at a 35-story high-rise in downtown Dubai near…
Continue Reading Poland’s top politician hints at easing judicial changes
WARSAW, Poland (AP) — Poland’s ruling party leader has hinted that the right-wing government may ease off its controversial overhaul of the…
Continue Reading This Week: Consumer borrowing, Disney earns, consumer prices
The Associated Press The Federal Reserve releases its latest monthly consumer borrowing data Monday. The Walt Disney Co. reports quarterly results…
Continue Reading Russians work to restore power in occupied city of Kherson
By ANDREW MELDRUM Associated Press KYIV, Ukraine (AP) — Russian-appointed authorities in the occupied Ukrainian city of Kherson say power is being…
Continue Reading Philippines lifts ban on sending workers to Saudi Arabia
MANILA, Philippines (AP) — The Philippines has lifted a ban on the deployment of workers, including maids and construction workers, to Saudi Arabia…
Continue Reading What the wave of tech layoffs tell us about the economy
By Nicole Goodkind, CNN Business Friday’s jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst…
Continue Reading Kimberly Palmer: 5 ways to save this holiday shopping season
By KIMBERLY PALMER of NerdWallet Given higher prices and economic uncertainty, consumers face a lot of pressure this year when it comes to Black…
Continue Reading Ryanair is booming as flyers ditch pricier airlines
By Hanna Ziady, CNN Business Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even…
Continue Reading Twitter could be a new wild card for the midterms
By Brian Fung, CNN Business For years, Twitter has been a leader in countering misinformation and protecting elections. It was often ahead of its…
Continue Reading China lashes out at visit by UK trade minister to Taiwan
BEIJING (AP) — China has lashed out over a visit to Taiwan by British Trade Policy Minister Greg Hands, the latest foreign official to defy…
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