America gained 2.5 million new millionaires last year
By Michelle Toh, CNN Business The number of rich people in the world rose at a rapid pace last year, boosted by gains in the stock market and house…
Continue ReadingBiz/Tech
Puerto Ricans desperate for water after Fiona’s rampage
By DÁNICA COTO Associated Press CAGUAS, Puerto Rico (AP) — More than a half million people in Puerto Rico remained without water service three…
Continue Reading What rising interest rates mean for you
CNN By Jeanne Sahadi, CNN Business In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending…
Continue Reading Fed goes big again with third-straight three-quarter-point rate hike
By Nicole Goodkind, CNN Business The Federal Reserve made history on Wednesday, approving a third consecutive 75-basis-point hike in an aggressive…
Continue Reading The Fed’s fight against inflation could cost the US 1.2 million jobs
CNN By Alicia Wallace, CNN Business In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple…
Continue Reading Airbnb hosts are sick of Airbnb, too
By SAM KEMMIS of NerdWallet Airbnb hosts are facing an onslaught of frustrations born of renting out their properties to short-term guests. Certain…
Continue Reading UNICEF renews Pakistan flood appeal as 17 more people die
By MUNIR AHMED Associated Press ISLAMABAD (AP) — Officials say the devastating floods in Pakistan’s worst-hit province have killed 17 more people…
Continue Reading Malaysian dad pleads help for scam victims after son died
By EILEEN NG Associated Press KUALA LUMPUR, Malaysia (AP) — The parents of a Malaysian man who died after falling prey to a human trafficking…
Continue Reading Edmunds: The pros and cons of vehicle touchscreens
By RONALD MONTOYA Edmunds Look into just about any new car and you’ll either find a touchscreen or “virtual buttons” that seek to approximate…
Continue Reading Oil leak from ship off Gibraltar affects fishing, beaches
By CIARÁN GILES Associated Press MADRID (AP) — Gibraltar Port authorities say they are working to mitigate the impact of a new oil leak from a…
Continue Reading US urges UN court to toss out Iranian frozen assets case
By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The United States has urged the International Court of Justice to throw out a case…
Continue Reading Bank CEOs warn that US economy faces ‘daunting’ challenges
By KEN SWEET AP Business Writer WASHINGTON (AP) — The CEOs of the nation’s biggest banks have appeared in front of Congress and given a dim view…
Continue Reading Spain fines delivery app Glovo 79M euros for labor violation
MADRID (AP) — Spain has fined delivery company Glovo nearly 79 million euros ($78 million) for violating a 2021 law that obliged app-based food…
Continue Reading Germany raids 24 properties linked to Putin ally Usmanov
By FRANK JORDANS Associated Press BERLIN (AP) — Hundreds of police have raided 24 properties across Germany linked to Russian oligarch Alisher…
Continue Reading The historic streak of falling US gas prices is over
By Matt Egan and Chris Isidore, CNN Business Well, it was nice while it lasted. After sinking every day for more than three months, US gas prices…
Continue Reading Front line farming: Bombs disrupt critical Ukraine industry
By ELENA BECATOROS Associated Press NOVOMYKOLAIVKA, Ukraine (AP) — Ukrainian farms near the front lines are facing constant shelling that is…
Continue Reading UK government caps energy bills for businesses for 6 months
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s government says it will cap wholesale energy bills for businesses this winter to ensure…
Continue Reading Australian Indigenous traditional owners halt gas drilling
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Indigenous traditional owners have won a court challenge that prevents an energy company…
Continue Reading US in talks with India about rethinking reliance on Russian arms and energy
By Jennifer Hansler, Kylie Atwood and Rhea Mogul, CNN The United States is in “deep” talks with India over its reliance on Russian arms…
Continue Reading Asia stocks follow Wall St down as Fed fights inflation
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered…
Continue Reading Germany nationalizes country’s biggest gas importer Uniper
By FRANK JORDANS Associated Press BERLIN (AP) — The German government says it’s agreed to nationalize the country’s biggest natural gas…
Continue Reading Putin orders partial military call-up, sparking protests
By KARL RITTER Associated Press KYIV, Ukraine (AP) — Russian President Vladimir Putin ordered a partial mobilization of reservists Wednesday to…
Continue Reading Movie theaters reopen in Indian-controlled Kashmir for the first time in more than two decades
By Rhea Mogul and Manveena Suri, CNN Movie theaters in Indian-controlled Kashmir have reopened their doors, more than two decades after they were…
Continue Reading China’s ‘Lipstick King’ returns to live-streaming show after mysterious three-month disappearance
By Laura He, CNN Business One of China’s most popular livestreamers quietly resurfaced online Tuesday night, after a three-month absence linked…
Continue Reading Record spending over California’s legal gambling initiative
By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — The campaign that could bring legalized sports betting to California is the most expensive…
Continue Reading Fed attacks inflation with another big hike and expects more
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve raised its key…
Continue Reading How steep Fed rate hikes affect your finances
By CORA LEWIS Associated Press NEW YORK (AP) — Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten…
Continue Reading Asian lender ADB cuts forecasts to reflect weakening outlook
By ELAINE KURTENBACH AP Business Writer The Asian Development Bank has downgraded its forecasts for growth in the region, citing the war in Ukraine,…
Continue Reading United Airlines grounds 25 planes after missed inspections
CHICAGO (AP) — United Airlines canceled some flights this week after failing to do mandatory inspections of the front edges of 25 jets’…
Continue Reading Chicago state senator indicted in red-light camera scandal
CHICAGO (AP) — A Chicago state senator has been indicted on federal charges that he sought a bribe to oppose legislation that would have required a…
Continue Reading