Hiking rates too quickly could trigger a ‘prolonged recession,’ IMF head warns
By Alicia Wallace, CNN Business The global economic outlook is darkening and the risks of recession are quickly rising: That’s the latest…
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Elon Musk’s deposition in Twitter dispute postponed amid revived talks to complete acquisition
By Clare Duffy, CNN Business Lawyers for Elon Musk and Twitter have agreed to postpone the Tesla CEO’s deposition in the court fight over their…
Continue Reading Toyota finally found a way to keep wheels from falling off its electric SUV
CNN, FIAT CHRYSLER, KCCI By Peter Valdes-Dapena, CNN Business Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to…
Continue Reading Toyota finally found a way to keep wheels from falling off its electric SUV
By Peter Valdes-Dapena, CNN Business Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs…
Continue Reading Why Wall Street shouldn’t sweat the midterms
By Paul R. La Monica, CNN Business The midterm elections are a little more than a month away, and if Wall Street had a vote, it’d be for more…
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EXPLAINER: How will OPEC+ cuts affect gas prices, inflation?
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the…
Continue Reading Ford raises price on the electric F-150 again
By Peter Valdes-Dapena, CNN Business Ford is again raising prices on the F-150 Lightning electric pickup, but the price increase will impact only the…
Continue Reading Amazon plans to hire 150,000 workers ahead of holiday shopping season
By Catherine Thorbecke, CNN Business Amazon said Thursday it plans to hire 150,000 new employees across the United States to meet demand ahead of the…
Continue Reading Venus Williams, Spike Lee set for Black Entrepreneurs Day
LOS ANGELES (AP) — A celebration of Black business success and opportunity is back for its third year. Black Entrepreneurs Day was founded and…
Continue Reading Google unveils new Pixel 7 smartphones and first-ever Pixel smartwatch
CNN, CNN BUSINESS By Samantha Murphy Kelly, CNN Business Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel…
Continue Reading Google unveils new Pixel 7 smartphones and first-ever Pixel smartwatch
By Samantha Murphy Kelly, CNN Business Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel smartwatch, packed with…
Continue Reading Silent films to live on in movie theater lobby card project
By KATHY McCORMACK Associated Press CONCORD, N.H. (AP) — “Missing Millions” is a 1922 silent film with a darkly prescient title — like…
Continue Reading Mortgage rates take a breather after rising for several weeks in a row
By Anna Bahney, CNN Business After rising for six weeks in a row, mortgage rates retreated last week. The 30-year fixed-rate mortgage averaged 6.66%…
Continue Reading Leaders of Turkey, Armenia hold face-to-face meeting
PRAGUE (AP) — The leaders of Turkey and Armenia have held their first face-to-face meeting since the two countries agreed to improve relations.…
Continue Reading IMF warns of higher recession risk and darker global outlook
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Two principal economists painted very different pictures Thursday of what the global economy…
Continue Reading JetBlue bid for Spirit wins support from 2 advisory firms
By The Associated Press JetBlue’s $3.8 billion bid to buy Spirit Airlines is getting a boost. The deal has been endorsed by two firms that advise…
Continue Reading France’s Macron opposes building new Iberia gas pipeline
PRAGUE (AP) — French President Emmanuel Macron says his government doesn’t support building a new pipeline to pump natural gas between the…
Continue Reading Amazon to hire 150,000 workers for holidays, similar to 2021
By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon will hire 150,000 full-time, part-time and seasonal employees across its warehouses…
Continue Reading Average long-term US mortgage rates dip to 6.66% this week
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of…
Continue Reading Amid end to COVID help, homelessness surging in many cities
By KATHLEEN RONAYNE, MICHAEL CASEY and GEOFF MULVIHILL Associated Press SACRAMENTO, Calif. (AP) — In California’s capital, massive tent…
Continue Reading Amid end to COVID help, homelessness surging in many cities
By KATHLEEN RONAYNE, MICHAEL CASEY and GEOFF MULVIHILL Associated Press SACRAMENTO, Calif. (AP) — In California’s capital, massive tent…
Continue Reading 2021 Nobel Peace Prize winners have faced a year of battles
By LYNN BERRY and JIM GOMEZ Associated Press WASHINGTON (AP) — Winning the Nobel Peace Prize often provides a boost for a grassroots activist or…
Continue Reading Fire reported at another Amazon warehouse in New York
NEW YORK (AP) — A fire broke out late Wednesday at an Amazon facility in upstate New York that’s voting in a union election next week. Amazon is…
Continue Reading Peloton to cut 500 jobs as turnaround efforts continue
By MICHELLE CHAPMAN AP Business Writer Peloton is cutting hundreds of jobs in a corporate reorganization of its stalled business as the…
Continue Reading Big companies keep leaving Chicago. What’s going on?
By Jordan Valinsky, CNN Business Tyson Foods is the latest company closing its Chicago-area offices, joining Boeing, Caterpillar and Citadel among…
Continue Reading 11 turkey farm workers charged with cruelty caught on video
By MICHAEL RUBINKAM Associated Press Eleven people working for a leading turkey producer have been charged with animal cruelty in Pennsylvania after…
Continue Reading What to expect from Friday’s jobs report
By Alicia Wallace, CNN Business When the Bureau of Labor Statistics releases its latest monthly jobs report on Friday, all eyes will be on whether…
Continue Reading US applications for jobless benefits increased last week
By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans filed for unemployment benefits last week, the largest number in four months, but…
Continue Reading Turkey appoints new ambassador to Israel as ties warm
ANKARA, Turkey (AP) — Turkey’s state-run news agency says Ankara has appointed a new ambassador to Israel in the latest step between the two…
Continue Reading Hot inflation slows 3Q earnings growth forecasts
By DAMIAN J. TROISE AP Business Writer Wall Street expects the latest round of quarterly profits to show burn marks from the hottest inflation in…
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