Vermont dispensaries to begin selling recreational marijuana
By LISA RATHKE Associated Press Vermont dispensaries are set to begin selling marijuana for recreational use, though only three will be ready to do…
Continue ReadingBiz/Tech
Americans are still weighed down by high inflation, though sentiment is improving
By Tami Luhby and Alicia Wallace, CNN Americans are feeling more positive about the economy and believe inflation will settle down — but plenty of…
Continue Reading Right-wing leader in Italy slams Europe on energy policy
By COLLEEN BARRY AP Business Writer MILAN (AP) — Italian right-wing leader Matteo Salvini has criticized the European Union for not working…
Continue Reading Europe faces ‘scary situation’ following mysterious pipeline leaks, former US regulator says
CNN By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities,…
Continue Reading Europe faces ‘scary situation’ following mysterious pipeline leaks, former US regulator says
By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities, former…
Continue Reading Another major brand is discounting its extra inventory
By Nathaniel Meyersohn, CNN Business Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Nike said…
Continue Reading US outlines plan for long-term baby formula imports
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — U.S. regulators have revealed their plan to allow foreign baby formula manufactures to stay…
Continue Reading EU adopts levy on excess energy profits, no gas price cap
By SAMUEL PETREQUIN and LORNE COOK Associated Press BRUSSELS (AP) — European Union energy ministers have adopted a package of measures to ease an…
Continue Reading In your debt: 3 steps to lower the cost of your debt
By Sara Rathner of NerdWallet With interest rates rising, the cost of borrowing is going up. This is especially the case for credit cards, as they…
Continue Reading Brainard warns US rates to stay high, notes global impact
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will…
Continue Reading GM’s Cruise wants to add 5,000 more robotaxis to American streets. This city warns it could backfire
By Matt McFarland, CNN Business GM’s self-driving car subsidiary Cruise said earlier this year that it wants to add as many as 5,000 more…
Continue Reading Hurricane Ian could be Florida’s costliest storm ever
By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which could…
Continue Reading Hurricane Ian could be Florida’s costliest storm ever
CNN By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which…
Continue Reading Azerbaijan to increase gas deliveries to Bulgaria, Europe
SOFIA, Bulgaria (AP) — Azerbaijan’s president says his country is a reliable partner and will stick to an agreement to double gas exports to the…
Continue Reading Spanx names a new CEO
By Parija Kavilanz, CNN Business Spanx, a brand founded by shapewear pioneer Sara Blakely, has named Kim Jones her successor as CEO. The…
Continue Reading EU agrees to tax windfall oil and gas profits amid ‘insane race’ to tame energy crisis
By Anna Cooban, CNN Business EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some…
Continue Reading Elon Musk’s texts show how his relationship with Twitter went sideways
By Clare Duffy, CNN Business Days before publicly announcing his investment in Twitter, Elon Musk texted with Jack Dorsey. The former Twitter CEO…
Continue Reading EXPLAINER: A deep dive into risks for undersea cables, pipes
By JOHN LEICESTER Associated Press PARIS (AP) — Deep under water, the pipes and cables that carry the modern world’s lifeblood — energy and…
Continue Reading Resilient US consumers spend slightly more in August
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Consumers spent a bit more in August than the previous month, a sign the economy is…
Continue Reading Fed’s preferred measure of inflation shows prices surged again last month
Martha C. White for CNN Business After hitting an alarming 40-year high in June, the Federal Reserve’s preferred benchmark for consumer…
Continue Reading Anyone can now use powerful AI tools to make images. What could possibly go wrong?
By Rachel Metz, CNN Business If you’ve ever wanted to use artificial intelligence to quickly design a hybrid between a duck and a corgi, now is…
Continue Reading Can Porsche cure an ailing IPO market?
By Nicole Goodkind, CNN Business Warnings of global recession are widespread, inflation is persistent and Russia is escalating the crisis in Europe.…
Continue Reading The UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes again
By Mark Thompson, CNN Business There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the…
Continue Reading Florida’s home insurance market was a mess before Ian. It’s about to get worse
CNN By Chris Isidore, CNN Business Florida homeowners were already facing an expensive and difficult market for home insurance before Hurricane Ian.…
Continue Reading Florida’s home insurance market was a mess before Ian. It’s about to get worse
By Chris Isidore, CNN Business Florida homeowners were already facing an expensive and difficult market for home insurance before Hurricane Ian. The…
Continue Reading Unpaid internships face new scrutiny as barriers to careers
By NAOMI HARRIS and JOCELYN GECKER Open Campus and Associated Press The value of an internship is unmistakable. It teaches marketable skills, it…
Continue Reading China’s Geely buys 7.6% stake in Aston Martin Lagonda
BEIJING (AP) — Geely Holding Group, one of China’s biggest independent automakers, has bought a 7.6% stake in British luxury brand Aston Martin…
Continue Reading West rejects Putin’s claim it sabotaged Baltic gas pipelines
By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Russian President Vladimir Putin has accused the West of sabotaging the Russia-built…
Continue Reading King Charles III’s coin portrait unveiled by UK Royal Mint
By Amarachi Orie, CNN Business The portrait of King Charles III that will feature on British coins has been unveiled by the Royal Mint, the official…
Continue Reading TikTok politics: Candidates turn to it ‘for better or worse’
By DAVID KLEPPER Associated Press Wade Herring didn’t know the teenage voter who approached him at a restaurant over the weekend. But she knew…
Continue Reading