DOJ: Buffett company discriminated against Black homebuyers
By KEN SWEET AP Business Writer NEW YORK (AP) — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s company…
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What the Fed rate hike means for you
By Matt Egan, CNN Business The Federal Reserve is stepping up its war on inflation. That means borrowing costs are going sharply higher for families…
Continue Reading USAID chief calls on China to restructure Sri Lanka’s debt
By ANIRUDDHA GHOSAL Associated Press NEW DELHI (AP) — The head of the U.S. government aid agency has called on China to help Sri Lanka and other…
Continue Reading This counts as good news for Boeing
By Chris Isidore, CNN Business Boeing has become so embattled, the company’s stock rose even after reporting a worse-than-expected loss and…
Continue Reading AR-15 style guns sold as a sign of manhood as shootings rise
By LINDSAY WHITEHURST Associated Press WASHINGTON (AP) — Gun makers have taken in more than $1 billion from selling AR-15-style guns over the past…
Continue Reading US economy sending mixed signals: Here’s what it all means
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears…
Continue Reading How to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business With the Federal Reserve’s interest rate hike on Wednesday — its fourth since March — consumers…
Continue Reading FDA chief’s long-promised opioid review faces skepticism
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The head of the Food and Drug Administration says a comprehensive review of the opioid…
Continue Reading With Frontier deal dead, Spirit ponders sale to JetBlue
By DAVID KOENIG AP Airlines Writer Spirit Airlines and Frontier Airlines agreed Wednesday to abandon their merger proposal, opening the way for…
Continue Reading New rule to thwart railroad efforts to cut train crews to 1
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Major railroads will be required to maintain two-person crews under a new rule announced…
Continue Reading Fed unleashes another big rate hike in bid to curb inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty…
Continue Reading Norfolk Southern reports flat Q2 profit as its delays linger
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Norfolk Southern continued to struggle with the delivery delays that have plagued freight…
Continue Reading Opinion: The toughest part of the Fed’s job may already be done
Opinion by David Wilcox for CNN Business Perspectives The US economy may have begun to cool some, but it is still seriously overheated. Employers are…
Continue Reading Has remote work changed the travel landscape?
By SAM KEMMIS NerdWallet The availability of remote work has increased significantly in recent years, giving rise to the ability for telecommuters to…
Continue Reading Edmunds: 5 electric SUVs for almost any budget
By MICHAEL CANTU Edmunds In the early days of the modern electric vehicle, or EV, your choices were largely limited to a few range-compromised models…
Continue Reading Wall Street doesn’t want the Fed to chill out
By Julia Horowitz, CNN Business Investors are uneasy as the Federal Reserve gears up for its latest policy announcement on Wednesday. But their hope…
Continue Reading Boeing reports Q2 profit but misses Wall Street expectations
By DAVID KOENIG AP Airlines Writer Boeing is reporting a $193 million second-quarter profit for shareholders, but the results are falling short of…
Continue Reading Big pink diamond discovered in Angola, largest in 300 years
By NQOBILE NTSHANGASE Associated Press JOHANNESBURG (AP) — A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the…
Continue Reading South Korean giant SK Group is pouring $22 billion into the United States
By Michelle Toh, CNN Business South Korea’s second biggest conglomerate is investing $22 billion into the United States, in high-priority areas…
Continue Reading The stock market is practically begging for a recession
By Nicole Goodkind, CNN Business Wall Street has a serious case of recession dread. Inflation is at a 40-year high and the Federal Reserve is…
Continue Reading Germany to reduce government incentives to buy electric cars
BERLIN (AP) — The German government plans to reduce incentive payments for buyers of electric cars and end subsidies for buying plug-in hybrids at…
Continue Reading Asian shares, oil prices mostly higher after Fed rate hike
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mostly higher in Asia on Thursday after the Federal Reserve ratcheted up its…
Continue Reading China rejects report it tried to obtain Federal Reserve data
BEIJING (AP) — China’s government has rejected as a “political lie” a report by The Wall Street Journal that Beijing tried to recruit…
Continue Reading Russia cuts gas through Nord Stream 1 to 20% of capacity
By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Russia’s Gazprom has halved the amount of gas flowing through a major pipeline from Russia…
Continue Reading Ukraine’s grain is ready to go. But ships aren’t. Why? Risk
By AYA BATRAWY Associated Press Shipping companies are not rushing to export millions of tons of grain trapped in Ukraine, despite a breakthrough…
Continue Reading New UK rail strike brings train services to a crawl
By JILL LAWLESS Associated Press LONDON (AP) — Britain’s railway network ground to a crawl on Wednesday after 40,000 staff walked off the job in…
Continue Reading Cameroon becomes a go-to country for foreign fishing vessels
by RICHA SYAL and GRACE EKPU Associated Press DOUALA, Cameroon (AP) — The Trondheim is a familiar sight off the coast of West Africa — a…
Continue Reading Credit Suisse CEO resigns as bank posts 2Q loss
GENEVA (AP) — Credit Suisse says CEO Thomas Gottstein is resigning after 2-1/2 years in the job. It came as he announced “disappointing”…
Continue Reading Protesting Dutch farmers dump manure, garbage on roads
By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — Dutch farmers are protesting government plans to reduce nitrogen emissions. The…
Continue Reading Over 1,000 Lufthansa flights canceled as staff strikes
By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — More than 1,000 Lufthansa flights were canceled Wednesday because of a one-day strike by the…
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