Mortgage rates climb above 5% once again
By Anna Bahney, CNN Business Mortgage rates climbed above 5% again, after dipping below that threshold for the first time in months a week earlier.…
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EXPLAINER: How is inflation affecting commuting costs?
By ADRIANA MORGA The Associated Press NEW YORK (AP) — Gas prices have fallen from the record highs they reached earlier this summer, but they’re…
Continue Reading Tips for saving on your commute amid high inflation
By ADRIANA MORGA The Associated Press NEW YORK (AP) — Gas prices are falling but still high. And inflation is making everything else more…
Continue Reading Cost of back-to-school essentials — glue, markers, pens, backpacks — has jumped
By Parija Kavilanz, CNN Business As parents and teachers prepare for students to return to classrooms this fall, they’re grappling with how…
Continue Reading UK meets energy firms but no help yet for hard-hit consumers
By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson and senior ministers have held inconclusive talks with energy…
Continue Reading Growth in corporate profits may not be as strong as it seems
By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street’s big gains this summer have been spread widely across industries. The profit growth…
Continue Reading Opinion: The Democrats’ sweeping economic package doesn’t go far enough for low-income families
Opinion by Mark Wolfe for CNN Business Perspectives The Inflation Reduction Act, the Democrats’ tax, climate and health care bill that the…
Continue Reading US wholesale inflation fell in July for 1st time in 2 years
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Prices at the wholesale level fell from June to July, the first month-to-month drop in…
Continue Reading US unemployment claims rise by 14,000 to 262,000
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans who signed up for unemployment benefits rose last week to the highest…
Continue Reading This key inflation measure fell, but remains painfully high
Martha C. White for CNN Business A benchmark measure of inflation slowed in July after surging in the previous month, offering a glimmer of hope that…
Continue Reading Big Mac is coming back: McDonald’s to reopen in Ukraine
CHICAGO (AP) — McDonald’s will start reopening some of its restaurants in Ukraine in the coming months, a symbol of the war-torn…
Continue Reading It didn’t take long for Meta’s new chatbot to say something offensive
By Catherine Thorbecke, CNN Business Meta’s new chatbot can convincingly mimic how humans speak on the internet — for better and worse. In…
Continue Reading Moderna CEO says Covid vaccines will evolve like ‘an iPhone’
CNN, CNN BUSINESS By Michelle Toh, CNN Business Forget taking two to three Covid shots a year. Moderna hopes to roll out a single-dose annual booster…
Continue Reading Moderna CEO says Covid vaccines will evolve like ‘an iPhone’
By Michelle Toh, CNN Business Forget taking two to three Covid shots a year. Moderna hopes to roll out a single-dose annual booster to cover the…
Continue Reading Beyond oil, there’s not much to cheer about on inflation
By Nicole Goodkind, CNN Business Prices in the US stayed the same last month. That’s a cause for celebration: it’s the first time they…
Continue Reading When will price increases end? Probably never
CNN By Nicole Goodkind, CNN Business A dollar just isn’t worth what it used to be. At the grocery store, you’re getting about 11 cents…
Continue Reading Philippine leader threatens to fire officials in sugar mess
MANILA, Philippines (AP) — The Philippine president has threatened to fire top agricultural officials if an investigation shows they improperly…
Continue Reading Don’t bank on your business to fund your retirement
By KELSEY SHEEHY NerdWallet Relying on your business to fund your retirement is a risky bet. A business failure, health issues or shifting market…
Continue Reading Dutchman convicted in farmers’ roadblock over emissions
THE HAGUE, Netherlands (AP) — A man has been convicted of dumping straw on a Dutch road last month and sentenced to perform 80 hours of unpaid…
Continue Reading Scholz confident Germany can weather energy crisis in winter
By FRANK JORDANS Associated Press BERLIN (AP) — German Chancellor Olaf Scholz says his government won’t leave citizens freezing or unable to pay…
Continue Reading Give and take: West gives Ukraine weapons, bans Russian coal
By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — Western nations have made more pledges to send arms to Ukraine as Britain’s Defense…
Continue Reading Gas prices tumble below $4 for the first time in months
By Anna Cooban and Matt Egan, CNN Drivers in the United States can breathe a small sigh of relief — average gas prices have dropped below $4 a…
Continue Reading Gas prices tumble below $4 for the first time in months
CNN, POOL, KUSA By Anna Cooban and Matt Egan, CNN Drivers in the United States can breathe a small sigh of relief — average gas prices have dropped…
Continue Reading Wildfires spread, fish die off amid severe drought in Europe
By SYLVIE CORBET and VANESSA GERA Associated Press PARIS (AP) — Firefighters from across Europe struggled Thursday to contain a huge wildfire in…
Continue Reading Gas prices dip just below $4 for the first time in 5 months
By DAVID KOENIG AP Business Writer DALLAS (AP) — Gasoline prices have dipped under $4 for the first time in more than five months — good news for…
Continue Reading Blinken rebukes Rwanda over rights, suppression concerns
By IGNATIUS SSUUNA Associated Press KIGALI, Rwanda (AP) — U.S. Secretary of State Antony Blinken on Thursday rebuked Rwandan authorities over…
Continue Reading SoftBank is selling its crown jewels to ride out ‘severe market’
By Laura He, CNN Business SoftBank is set to gain more than $34 billion by cutting its stake in Alibaba, the crown jewel of its investment portfolio,…
Continue Reading New Zealand house prices finally fall from dizzying heights
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand house prices have fallen year-on-year for the first time in more than a…
Continue Reading Asian shares mixed after new signs of cooling inflation
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks…
Continue Reading Russia struggles to replenish its troops in Ukraine
By The Associated Press The prisoners at the penal colony in St. Petersburg were expecting a visit by officials, thinking it would be some sort of…
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