Inflation is a global problem. Here’s how central banks are addressing it
By Nicole Goodkind, CNN Business Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has…
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Long a haven for wealth, Dubai will enforce UK court rulings
By MALAK HARB Associated Press DUBAI, United Arab Emirates (AP) — The United Arab Emirates has called on its courts to begin enforcing the…
Continue Reading Rising mortgage rates hit home builders as buyers pull back
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business Prospective home buyers are getting hit by a double whammy of bad news: Prices remain…
Continue Reading Home sales dropped 20% in August from a year ago
By Anna Bahney, CNN Business Home sales declined for the seventh month in a row in August as higher mortgage rates and stubbornly high prices pushed…
Continue Reading US gas prices tick up, ending 99-day streak of lower costs
By DAVID KOENIG and MICHELLE CHAPMAN AP Business Writers A 99-day run of falling gasoline prices — a streak that gave consumers a glimmer of hope…
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Dangerous Tik Tok trend: Cooking your chicken in Nyquil
CNN — The FDA has a warning for people and one the agency probably didn’t expect a need to make. The warning: don’t cook your chicken in Nyquil. A…
Continue Reading NASA astronaut, Russian cosmonauts launch to space
By Jackie Wattles, CNN Business A Russian capsule took an American astronaut to space today, marking a notable continuation of the Russian-US…
Continue Reading US home sales slipped, prices grew more slowly in August
By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage…
Continue Reading Opinion: Many have lost faith in the Fed. Will it be able to win our trust again?
Opinion by Mohamed A. El-Erian for CNN Business Perspectives This week, it will become more apparent to economists and policymakers across the globe…
Continue Reading Walmart takes a cautious approach to holiday hiring
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart is taking a cautious approach to the holiday shopping season, announcing it…
Continue Reading Worker was dead in Belk department store bathroom for 4 days
COLUMBIA, S.C. (AP) — A 63-year-old worker died in the public bathroom of a South Carolina department store, but her body was not discovered for…
Continue Reading Germany nationalizes its biggest natural gas importer
By Inke Kappeler, Allegra Goodwin and Mark Thompson, CNN Business Germany is nationalizing Uniper, its biggest importer of natural gas, as part of an…
Continue Reading Russians rush for flights out amid partial reservist call-up
By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — Large numbers of Russians have rushed to book one-way tickets out of the country after…
Continue Reading European spyware investigators criticize Israel and Poland
By VANESSA GERA Associated Press WARSAW, Poland (AP) — European Parliament members investigating the use of surveillance spyware by European Union…
Continue Reading Ohio oil refinery fire kills 2 people; plant shut down
OREGON, Ohio (AP) — Officials say a fire at an oil refinery in Ohio killed two people and the facility has been shut down. The fire started Tuesday…
Continue Reading Thousands rally in Belgium to protest high energy prices
BRUSSELS (AP) — Thousands have gathered in Belgium to protest against skyrocketing electricity, natural gas and food prices. Trade unions and city…
Continue Reading Iranians see widespread internet blackout amid mass protests
By The Associated Press DUBAI, United Arab Emirates (AP) — Iranians experienced a near-total internet blackout on Wednesday amid days of mass…
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The Federal Reserve expected to hike Interest Rates today
The Federal Reserve is expected to make history with a rate hike today that could affect your savings. The Fed’s anticipated actions would increase…
Continue Reading The Fed’s credibility is still on the line
By Julia Horowitz, CNN Business The Federal Reserve’s latest policy announcement represents a critical moment, as Wall Street waits to see how…
Continue Reading US dollar hits new 20-year high as Russia calls up reservists
By Julia Horowitz and Anna Cooban, CNN Business The US dollar climbed to a new two-decade high on Wednesday after Russia said it was mobilizing…
Continue Reading US dollar hits new 20-year high as Russia calls up reservists
CNN By Julia Horowitz and Anna Cooban, CNN Business The US dollar climbed to a new two-decade high on Wednesday after Russia said it was mobilizing…
Continue Reading September 21, 2022: Fed raises interest rates by three-quarters of a percentage point
By CNN Business The-CNN-Wire™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights…
Continue Reading Hong Kong stocks hit an 11-year low after historic Fed rate hike
CNN, WLOX, WRAL, WKYT By Laura He, CNN Business Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also…
Continue Reading Milan Fashion Week hears calls for more designer diversity
By COLLEEN BARRY AP Fashion Writer MILAN (AP) — The Milan Fashion Week opening Wednesday celebrates perhaps its most diverse season ever. The…
Continue Reading 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 Reading 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 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 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 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…
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