Fed chair Jerome Powell warns fight against inflation will bring ‘some pain’
By Martha C. White Federal Reserve chairman Jerome Powell warned that the central bank’s mission to tame inflation will result in “some…
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Here’s how the Fed is reading today’s jobs report
CNN By Nicole Goodkind, CNN Business The US has a jobs problem: There are too many of them. There are currently around two jobs available for every…
Continue Reading Fed chair Jerome Powell warns fight against inflation will bring ‘some pain’
CNN, CNNBUSINESS By Martha C. White At the Federal Reserve’s annual Jackson Hole Economic Symposium, chairman Jerome Powell telegraphed a…
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Lebanese submarine finds 10 bodies on sunken migrant ship
By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — A small submarine has found the remains of 10 migrants who drowned when their boat sank in late…
Continue Reading Michigan Chipotle store’s workers unionize, a 1st for chain
LANSING, Mich. (AP) — A union says workers at a Chipotle store in Michigan have voted to unionize, becoming the first of the Mexican fast-food…
Continue Reading Serena’s example: Tennis icon’s impact felt in Black America
By AARON MORRISON Associated Press NEW YORK (AP) — In 2016, responding to the fatal police shootings of two Black men just a day apart, Serena…
Continue Reading Yes, the unemployment rate rose. Here’s why that’s good news
CNN Martha C. White On Friday, the Bureau of Labor Statistics reported that the US unemployment rate had ticked up to 3.7% in August, an increase…
Continue Reading What managers should know about ‘quiet quitting’
By Jeanne Sahadi, CNN Business The now viral phrase “quiet quitting” is annoyingly imprecise and misleading. Some say it means doing the…
Continue Reading Christie’s to auction Paul Allen’s art trove, valued at $1B+
NEW YORK (AP) — Some 150 artworks from the collection of Microsoft co-founder Paul G. Allen will be auctioned at Christie’s in New York this fall…
Continue Reading CNN management intent on changing perception of the network
By DAVID BAUDER AP Media Writer NEW YORK (AP) — It was the kind of story that media reporter Brian Stelter would normally sink his teeth into —…
Continue Reading Wendy Schmidt gives big to protect oceans, planet’s future
By MARIA DI MENTO of The Chronicle of Philanthropy Chronicle of Philanthropy The health of the world’s oceans looms large in Wendy Schmidt’s…
Continue Reading Russia is burning off millions of dollars in gas every day. Here’s why
CNN By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say,…
Continue Reading Russia is burning off millions of dollars in gas every day. Here’s why
By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even…
Continue Reading Moderna sues Pfizer, BioNTech over COVID-19 vaccine patents
By TOM MURPHY AP Health Writer COVID-19 vaccine maker Moderna is suing its main competitors Pfizer and the German drugmaker BioNTech. It’s…
Continue Reading SpaceX, T-Mobile try to connect remote areas with satellites
By MICHELLE CHAPMAN AP Business Writer Elon Musk’s SpaceX and T-Mobile are teaming up to help provide voice and data services anywhere by having…
Continue Reading EPA to designate ‘forever chemicals’ as hazardous substances
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency says it’s designating two “forever chemicals” used…
Continue Reading Fears of a radiation leak mount near Ukrainian nuclear plant
By PAUL BYRNE Associated Press KYIV, Ukraine (AP) — Authorities began distributing iodine tablets to residents near Ukraine’s Zaporizhzhia…
Continue Reading This closely watched inflation measure showed some cooling in July
By Alicia Wallace, CNN Business The Federal Reserve’s favored inflation indicator showed that prices took a breather last month as fuel costs…
Continue Reading Strikes sweep Britain as soaring inflation savages living standards
CNN By Anna Cooban, CNN Business Workers in the United Kingdom have had enough of falling living standards. Rail workers, journalists, lawyers, and…
Continue Reading Hints of cooling prices, but Fed vows firm inflation stance
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of…
Continue Reading All eyes will be on Jerome Powell at the Fed’s Jackson Hole economic summit
Martha C. White Inflation talk is expected to dominate the Federal Reserve’s annual summer gathering in Jackson Hole, Wyoming, which kicked off…
Continue Reading Poland and South Korea seal $5.8 billion military deal
MORAG, Poland (AP) — Poland has sealed a deal with South Korea to purchase $5.8 billion worth of tanks, howitzers and ammunition. Poland’s…
Continue Reading Don’t pay too much attention to what Jerome Powell says today
By Julia Horowitz, CNN Business The big event for investors on Friday is in Jackson Hole, Wyoming, where Federal Reserve Chair Jerome Powell will…
Continue Reading Germany rethinks gas surcharge after backlash over profits
By FRANK JORDANS Associated Press BERLIN (AP) — Germany is considering backtracking on plans for consumers to pay a surcharge on natural gas amid…
Continue Reading Crypto firms say US sanctions limit use of privacy software
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department faces pushback from the cryptocurrency industry over sanctions imposed…
Continue Reading Turkey says no need for concern over US sanctions warning
ANKARA, Turkey (AP) — Turkey’s finance minister says said there was no reason for Turkish businesses to be concerned by a U.S. warning about…
Continue Reading Pet owners, Maytag feels your laundry pain
By Parija Kavilanz, CNN Business We love our pets, but their shedding? Not so much. Pesky pet hair and dander loves to cling on to clothes and it…
Continue Reading Germany: Baltic Sea has ‘enormous’ wind energy potential
By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Germany’s foreign minister says estimates show that wind power from the Baltic Sea…
Continue Reading After summer of chaos, Schiphol Airport reports net profit
AMSTERDAM (AP) — Amsterdam’s Schiphol airport has reported a net profit of 65 million euros ($64.8 million) for the first six months of the year…
Continue Reading US suspends Chinese airline flights in COVID-19 dispute
BEIJING (AP) — The U.S. government is suspending 26 flights by Chinese airlines from the United States to China in a dispute over anti-virus…
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