Wall Street’s lavish bonuses are getting slashed
By Allison Morrow, CNN Business Last year was a busy, chaotic one on Wall Street. Mergers, acquisitions and new stock listings were going a mile a…
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Wall Street’s lavish bonuses are getting slashed
CNN By Allison Morrow, CNN Business Last year was a busy, chaotic one on Wall Street. Mergers, acquisitions and new stock listings were going a mile…
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Florida death could be 20th in US caused by Takata air bags
By TOM KRISHER AP Auto Writer DETROIT (AP) — A Florida man who was killed in a traffic crash last month could be the 20th death in the U.S. caused…
Continue Reading This is a great time to be an airline. It’s the worst time to be a passenger
CNN, CNN BUSINESS By Chris Isidore, CNN Business US airlines just had one of the most lucrative quarters in history. Passengers are suffering for it.…
Continue Reading This is a great time to be an airline. It’s the worst time to be a passenger
By Chris Isidore, CNN Business US airlines just had one of the most lucrative quarters in history. Passengers are suffering for it. The record…
Continue Reading Lucid shares plunge as it cuts production target in half
By Chris Isidore, CNN Business Shares of luxury electric car maker Lucid plunged more than 10% Thursday after the company disclosed it will make…
Continue Reading Opinion: 5 ways the Inflation Reduction Act will help American families
Opinion by Van Jones and Jessie Buendia for CNN Business Perspectives America needs a new approach to energy. Nothing has shown that as well as the…
Continue Reading Florida woman’s lawsuit says Equifax error made loan pricier
By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) — A Florida woman has sued Equifax claiming she was denied a car loan because of a 130-point…
Continue Reading Is anyone buying couches and beds from Wayfair anymore?
By Nathaniel Meyersohn, CNN Business Early in the pandemic, people realized they were going to be spending a lot more time at home. So they decided…
Continue Reading Ex-Fed insider: A full-blown recession is ‘almost certainly’ coming
By Matt Egan, CNN Business The Federal Reserve’s war on inflation will eventually kill the economic recovery from Covid-19, former Fed official…
Continue Reading Anger, clashes in South Africa following gang rape arrests
By MOGOMOTSI MAGOME Associated Press KRUGERSDORP, South Africa (AP) — Community members in the South African city of Krugersdorp have beaten…
Continue Reading US firm: Likely Iranian threat actor in Albania cyberattack
By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — A U.S. security firm says a cyberattack that temporarily shut down some Albanian…
Continue Reading Amazon workers at UK warehouse stop work to protest pay
LONDON (AP) — More than 700 Amazon warehouse workers in England staged a protest Thursday in a dispute over pay, in the latest sign of workplace…
Continue Reading EPL sets high bar in European soccer, finances and glamor
By GRAHAM DUNBAR AP Sports Writer GENEVA (AP) — The world’s richest soccer league starts a new season in England on Friday as the rest of Europe…
Continue Reading Employment market shows signs of cooling amid rate hikes
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — The employment market appears to have lost some of its sizzle, a development that could…
Continue Reading Mortgage rates drop below 5% for first time since April
By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April. The 30-year…
Continue Reading Long-term mortgage rates under 5% for 1st time in 4 months
By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate fell below 5% for the first time in four months this…
Continue Reading Dirty tricks in Kansas via text: Does yes actually mean no?
By DAVID KLEPPER and SOPHIA TULP Associated Press In the thick of Kansas’ contentious debate over abortion rights, the anonymous text messages…
Continue Reading Alibaba shares pop as revenue beats expectations
By Michelle Toh, CNN Business Alibaba just posted flat revenue growth for the first time since becoming a public company, but investors don’t…
Continue Reading Alibaba revenue beats expectations despite contraction
By ZEN SOO AP Technology Writer HONG KONG (AP) — Chinese e-commerce firm Alibaba Group Holding on Thursday beat market expectations for revenue in…
Continue Reading Applications for US jobless claims up again last week
By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans applied for jobless benefits last week as the number of unemployed continues to…
Continue Reading The party is over at Robinhood. But meme mania lingers
By Julia Horowitz, CNN Business Robinhood got off to a rocky start when it made its Wall Street debut one year ago, but hopes for the buzzy trading…
Continue Reading The Bank of England just made its biggest rate hike in 27 years
By Anna Cooban, CNN Business Central bankers in the United Kingdom have announced the biggest increase in interest rates in 27 years, as spiraling…
Continue Reading The party is over at Robinhood. But meme mania lingers
CNN, CNN BUSINESS By Julia Horowitz, CNN Business Robinhood got off to a rocky start when it made its Wall Street debut one year ago, but hopes for…
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China’s military drills around Taiwan threaten to upend global trade
CNN By Laura He, CNN Business China’s live-fire military drills around Taiwan are threatening to disrupt trade and commercial travel in East…
Continue Reading China’s military drills around Taiwan threaten to upend global trade
By Laura He, CNN Business China’s live-fire military drills around Taiwan are threatening to disrupt trade and commercial travel in East Asia,…
Continue Reading Australia to protect Barrier Reef by banning coal mine
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s new government announced on Thursday it plans to prevent development of a…
Continue Reading Russians shell city near Europe’s largest nuclear plant
By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — Russian forces shelled a Ukrainian city close to Europe’s biggest nuclear power plant…
Continue Reading Taiwan cancels flights as China holds military drills
By JOE McDONALD AP Business Writer BEIJING (AP) — Taiwan has canceled airline flights as China fired missiles near the island in retaliation for a…
Continue Reading Bank of England predicts recession at the end of the year
By DANICA KIRKA Associated Press LONDON (AP) — The Bank of England has announced its biggest interest rate increase in 27 years. The central bank…
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