Florida lawmakers to address Hurricane Ian issues this year
TALLAHASSEE, Fla. (AP) — The Florida Legislature will hold a special session before the end of the year to consider providing property tax relief…
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Dr. Oz made reputation as a surgeon, a fortune as a salesman
By BRIAN SLODYSKO and MARC LEVY Associated Press HARRISBURG, Pa. (AP) — Dr. Mehmet Oz rolled onstage inside of an inflatable orb, put on a…
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Elon Musk didn’t want EV tax credits. Now Tesla is warming up to them
By Matt McFarland, CNN Business Tesla buyers may be able to take advantage of new federal tax credits for electric vehicles next year, the…
Continue Reading Inflation has people living paycheck to paycheck. Here’s how some banks are responding
By Alicia Wallace, CNN Business “Payday Friday” may soon be replaced by “Payday Wednesday.” This week, JPMorgan Chase,…
Continue Reading Beware of fad stocks. Truly owner, Snap and Zoom have plunged
By Paul R. La Monica, CNN Business Fads come and go in fashion. (Are skinny jeans no longer a thing?) The same is true of the stock market. Investors…
Continue Reading Railroads reject sick time demands, raising chance of strike
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The major freight railroads appear unwilling to give track maintenance workers much more than…
Continue Reading ‘Batten down the hatches’: Bezos and fellow billionaires are issuing recession warnings
By Allison Morrow, CNN Business Even the uber-rich are on edge now about the economy. Elon Musk and Jeff Bezos, two of the wealthiest people on the…
Continue Reading Key US bond yield hits highest level since June 2008
By Paul R. La Monica, CNN Business More bad news for anyone looking to buy a home: The benchmark 10-year Treasury bond yield rose to about 4.23%…
Continue Reading France, Portugal, Spain agree on Med ‘green energy corridor’
By CIARÁN GILES Associated Press MADRID (AP) — France, Portugal and Spain say they have agreed to substitute a proposed gas pipeline connection…
Continue Reading American Airlines: Our customers aren’t buying international first class tickets. So we’re eliminating them
By Chris Isidore, CNN Business American Airlines expanded on its plan to drop first-class seats on its international flights and replace them with…
Continue Reading US home sales fall for 8th month in a row in September, the longest slump since 2007
By Anna Bahney, CNN Business Home sales in the US declined for the eighth month in a row in September as surging mortgage rates and high prices…
Continue Reading US home sales fell in September for eighth straight month
By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic…
Continue Reading Mortgage rates rise again, creeping closer to 7%
By Anna Bahney, CNN Business Mortgage rates rose again this week, stopping just short of the 7% mark. The 30-year fixed-rate mortgage averaged 6.94%…
Continue Reading Average long-term US mortgage rates rise this week to 6.94%
By MATT OTT AP Business Reporter WASHINGTON (AP) — Average long-term U.S. mortgage rates inched up this week ahead of another expected rate…
Continue Reading EU slaps sanctions on Iran drone maker, military officers
BRUSSELS (AP) — The European Union has slapped sanctions on Shahed Aviation Industries in Iran and three Iranian armed forces generals for helping…
Continue Reading Russian, Ukrainian troops gird for major battle in Kherson
By SABRA AYRES and HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Russian and Ukrainian troops appeared Thursday to be girding for a major…
Continue Reading UP profit up 13% but railroad predicts slower volume growth
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Union Pacific hauled in 13% more profit in the third quarter, but the railroad predicted…
Continue Reading Romanians protest cost of living in latest European action
By NICOLAE DUMITRACHE AND STEPHEN McGRATH Associated Press BUCHAREST, Romania (AP) — Several thousand protesters in Romania have joined an…
Continue Reading Fewer Americans apply for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week and remains historically…
Continue Reading The Fed may have to blow up the economy to get inflation under control
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business The Federal Reserve is most likely going to raise interest rates by three quarters of a…
Continue Reading The Fed isn’t about to back down from its inflation fight
By Julia Horowitz, CNN Business Twelve days from now, the Federal Reserve will meet again, and expectations for the central bank’s next moves…
Continue Reading Tech earnings are coming and they probably won’t be pretty
CNN By Clare Duffy, CNN Business After months of layoffs, hiring freezes and other cost-cutting measures, big tech companies are set to provide the…
Continue Reading Tech earnings are coming and they probably won’t be pretty
By Clare Duffy, CNN Business After months of layoffs, hiring freezes and other cost-cutting measures, big tech companies are set to provide the most…
Continue Reading Is Barilla really ‘Italy’s No. 1 brand of pasta?’ A lawsuit says no
By Jordan Valinsky, CNN Business Barilla can’t avoid a class-action lawsuit over allegedly deceptive advertising about the pasta’s…
Continue Reading Exclusive: Wonder Bread will have its first-ever float in the Macy’s Thanksgiving Day Parade
By Jordan Valinsky, CNN Business For any company that’s been around for a century, it can be hard to keep the brand fresh. Wonder Bread hopes…
Continue Reading Post-election rally unlikely amid Fed rate outlook
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The upcoming midterm elections could give the stock market a sorely needed boost by eliminating…
Continue Reading Pacific Rim finance leaders mull ways to curb inflation
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Finance ministers of major Pacific Rim economies have pledged to combat inflation and seek…
Continue Reading Philippines to buy US aircraft after scrapping Russia deal
By JIM GOMEZ Associated Press MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. has backed a decision by his predecessor to…
Continue Reading American Airlines posts $483 million profit for late summer
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — American Airlines is reporting a $483 million profit for the third quarter, as planes were mostly…
Continue Reading Turkish central bank makes huge rate cut amid 83% inflation
ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — Turkey’s central bank has slashed interest rates for the third month in a row, making its…
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