CVS Health, Match Group rise; Airbnb, Estee Lauder fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: CVS Health Corp., up $2.18 to $96.80. The drugstore chain…
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What rising interest rates mean for you
By Jeanne Sahadi, CNN Business The Federal Reserve raised its benchmark interest rate for the sixth time in a row on Wednesday, to a range of 3.75%…
Continue Reading Germany moves ahead with massive energy relief package
BERLIN (AP) — German officials have agreed on the main details of a plan to provide up to 200 billion euros ($198 billion) in subsidies to…
Continue Reading Thanksgiving dinner will be a lot more expensive this year, report finds
By Danielle Wiener-Bronner, CNN Business Looks like Thanksgiving will be a lot pricier this year. Market research firm IRI predicts that your…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for December delivery rose $1.63 to $90 a barrel Wednesday. Brent crude for January delivery rose $1.51…
Continue Reading Rockwell Automation: Fiscal Q4 Earnings Snapshot
MILWAUKEE (AP) — Rockwell Automation: Fiscal Q4 Earnings…
Continue Reading Jury begins deliberating in federal case against Trump ally
NEW YORK (AP) — A jury has started deliberating in the case of a Donald Trump loyalist accused of using his access to the Republican former…
Continue Reading Germany clears the way for new nationwide transport pass
BERLIN (AP) — German officials have cleared the way for a public transport pass costing 49 euros ($48.50) per month that will be valid nationwide.…
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The Fed makes history with a fourth straight three-quarter-point rate hike
(CNN) — The Federal Reserve approved a fourth-straight rate hike of three-quarters of a percentage point on Wednesday as part…
Continue Reading Musk: People banned from Twitter won’t be restored for weeks
By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Elon Musk said Wednesday that Twitter will not allow anyone who has been kicked off the site…
Continue Reading FCC commissioner calls for TikTok ban
By Brian Fung, CNN The US government should ban TikTok rather than come to a national security agreement with the social media app that might allow…
Continue Reading TikTok makes clear European data can be accessed by China-based employees
CNN By Brian Fung, CNN TikTok updated its privacy policies for European users on Tuesday, adding explicit disclosures that personal data from the app…
Continue Reading Grocery prices are soaring. But this food favorite is getting cheaper
By Parija Kavilanz, CNN Business There’s at least one item in the grocery store that is getting less expensive: avocados. A significant supply…
Continue Reading Twitter’s C-suite clears out as Musk cements power over the company
By Clare Duffy, CNN Business On October 27, the same day Elon Musk completed his $44 billion deal to buy Twitter, the company’s chief customer…
Continue Reading Problem-plagued Boeing sets ambitious turnaround targets
By DAVID KOENIG AP Airlines Writer Boeing is promising Wall Street that it will make big improvements in airplane production and cash-flow generation…
Continue Reading Medical marijuana firms lead donors for legal weed campaigns
By DAVID A. LIEB and KAVISH HARJAI Associated Press JEFFERSON CITY, Mo. (AP) — The call went out from leaders in the medical marijuana industry:…
Continue Reading Ford October sales slide 10% largely due to supply chain issues
By Michael Ballaban, CNN Business Ford saw its October US sales slump 10% over the last year as the company continued to battle supply chain…
Continue Reading Shipping giant Maersk warns of ‘dark clouds on the horizon’
By Julia Horowitz, CNN Business The spike in shipping rates since the onset of the pandemic has been a huge boon for Maersk. But the Danish shipping…
Continue Reading How steep fed rate hikes affect your finances
By CORA LEWIS Associated Press NEW YORK (AP) — Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase. Savings…
Continue Reading Ukrainian official: Musk to keep funding key satellite links
By BARRY HATTON Associated Press LISBON, Portugal (AP) — A senior Ukrainian government official says Elon Musk has given assurances to Ukraine that…
Continue Reading Elon Musk hints that Donald Trump will not be back on Twitter before the midterms
By Clare Duffy, CNN Business Elon Musk indicated on Wednesday that the Twitter account of former President Donald Trump will not be restored ahead of…
Continue Reading Ford quality chief retires as CEO tries to boost reliability
By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford Motor Co.’s top quality executive is retiring as the company continues to struggle with high…
Continue Reading USDA says more than $200M will help meat processors expand
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The Agriculture Department has announced more than $223 million in grants and loans to help…
Continue Reading Hunt for deep sea minerals draws scrutiny amid green push
By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Deep sea mining is getting a close look this week as scientists, lawyers and…
Continue Reading Germany to force plastic makers to help pay for cleanups
BERLIN (AP) — The German government says that it plans to make plastic manufacturers contribute to the cost of cleaning up litter in streets and…
Continue Reading A decade of rising house prices is over. The UK economy will feel the pain
By Anna Cooban and Hanna Ziady, CNN Business For years, home ownership in Britain has been a one-way bet. Prices have climbed steadily since the…
Continue Reading Biden spending $4.5 billion to help lower home heating costs
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration is making $4.5 billion available through a low-income home energy…
Continue Reading Estee Lauder among multinationals hit by China lockdowns
By MICHELLE CHAPMAN AP Business Writer The devastating effects of COVID-19 lockdowns in China overshadowed a strong quarter at Estee Lauder and…
Continue Reading European Central Bank pushes banks to speed up climate work
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Central Bank is warning that many financial institutions are moving too…
Continue Reading Tony Hawk uses skateboarding to teach community organizing
By GLENN GAMBOA AP Business Writer Sara Campos remembers being inspired to start skateboarding after playing Tony Hawk videogames on the California…
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