Powell: Higher rates unlikely to cause deep US recession
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now, in the early…
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Retailers pull lobster from menus after ‘red list’ warning
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — Some retailers are taking lobster off the menu after an assessment from an influential…
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Mortgage rates reach highest level since 2008
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue Reading ‘We need to act right now’: Fed Chairman Powell vows to continue aggressive inflation fight
Martha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue Reading Long-term mortgage rates now at highest point since 2008
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped again this week to their highest level in almost 14…
Continue Reading Regulators try to stop unlawful nursing home debt collection
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A federal report says nursing homes and debt collectors are flouting a law that prohibits them…
Continue Reading GM unveils $30,000 electric SUV that will be one of the cheapest EVs available
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact…
Continue Reading CNN anchor Bernard Shaw dead at 82
By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading CNN anchor Bernard Shaw dead at 82
CNN By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading Opinion: We could see slow economic growth for the rest of the decade
Opinion by Gad Levanon for CNN Business Perspectives So far this year, the US economy has managed to skirt a recession, despite what many experts…
Continue Reading Cheaper electric vehicles coming despite high battery costs
By TOM KRISHER AP Auto Writer WARREN, Mich. (AP) — Auto companies are rolling out more affordable electric vehicles that should widen their appeal…
Continue Reading Weekly jobless claims fall again, underscoring tight job market
By Alicia Wallace, CNN Business Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for…
Continue Reading ‘Top Gun: Maverick’ is unlike any blockbuster Hollywood has seen in years
By Frank Pallotta, CNN Business There are summer blockbusters, and then there’s “Top Gun: Maverick.” The Paramount film, featuring…
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Kim Kardashian’s next gig: Wall Street investor
Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive with Carlyle Group, to launch SKKY…
Continue Reading Fewer Americans apply for jobless aid last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans filing for unemployment benefits last week fell to its lowest level since…
Continue Reading European Central Bank sets record rate hike to fight energy price shock
By Mark Thompson, CNN Business The European Central Bank hiked interest rates by a record three-quarters of a percentage point on Thursday and…
Continue Reading Jeep unveils its 1st electric SUVs for North America, Europe
DETROIT (AP) — Jeep will start selling two fully electric SUVs in North America and another one in Europe over the next two years. The new EVs,…
Continue Reading Jeep’s first three electric SUVs want to be able to tackle anything
By Peter Valdes-Dapena, CNN Business Jeep will bring out three new all-electric SUVs over the next few years as it moves toward selling only electric…
Continue Reading Summer of ’22 brought record heat, solar power to Europe
By FRANK JORDANS Associated Press BERLIN (AP) — Europe has smashed previous temperature records this summer, with long periods of sunshine causing…
Continue Reading The US dollar is strong but something is off
By Nicole Goodkind, CNN Business The US dollar can’t be stopped. Fueled by the Federal Reserve’s aggressive tightening policy, the value…
Continue Reading Price of war: UK and EU throw $500 billion at energy subsidies
By Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses,…
Continue Reading United makes ‘conditional’ order for electric air taxis
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — United Airlines thinks that in a few years, plenty of big-city customers will pay $100 or more for…
Continue Reading Ukraine, neighbors, to get big new aid, Blinken says in Kyiv
By MATTHEW LEE and KARL RITTER Associated Press KYIV, Ukraine (AP) — U.S. Secretary of State Antony Blinken has paid an unannounced visit to Kyiv,…
Continue Reading Ukraine energy chief: Russia trying to ‘steal’ nuclear plant
By HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — The head of Ukraine’s atomic energy operator accused Russia on Thursday of trying to…
Continue Reading Turkish wildfire brought under control after 1,000 evacuated
ANKARA, Turkey (AP) — Firefighters have brought a wildfire in southern Turkey under control a day after more than 1,000 people were evacuated from…
Continue Reading Indonesian students protest against fuel price hikes
By ACHMAD IBRAHIM and EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — Hundreds of students have rallied in Indonesia’s capital to protest…
Continue Reading Ricky Martin sues nephew, alleges million-dollar losses
By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Puerto Rican superstar Ricky Martin has filed a lawsuit against his nephew accusing…
Continue Reading Amazon will halt the sale of seatbelt alarm defeat devices in India
By Michelle Toh and Swati Gupta, CNN Business Amazon will halt the sale of devices that can disable seatbelt alarms in India following a request from…
Continue Reading Magnitude 5.4 quake off Greek islands; no damage reported
ATHENS, Greece (AP) — Greek authorities say an earthquake with a preliminary magnitude of 5.4 has struck off the western islands of Zakynthos and…
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6 most common causes of traumatic brain injuries
Traumatic brain injuries are caused by an external force that injures the brain. Taxman, Pollock, Murray & Bekkerman, LLC looked at a CDC report on…
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