Mexico raises key interest rate to 8.5%, highest in 16 years
MEXICO CITY (AP) — Mexico’s central bank has raised its interbank interest rate by 0.75% to 8.5% — the highest level in at least 16 years.…
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Disney, Dillard’s rise; Six Flags, Sonos fall
Stocks that traded heavily or had substantial price changes Thursday: Walt Disney Co., up $5.34 to $117.77. The media and entertainment giant added…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for September delivery rose $2.41 to $94.34 a barrel Thursday. Brent crude for October delivery rose…
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ExpressJet Airlines, formerly under United, files for bankruptcy
CNN, CNNBUSINESS By Jennifer Korn ExpressJet Airlines, which calls itself a “reboot” of the company formerly flying as Delta Connection…
Continue Reading United Airlines puts $10 million behind plan to shuttle customers by electric aircraft
By Jackie Wattles, CNN Business United Airlines gave a $10 million deposit to a startup developing electric aircraft — all for the goal of…
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NM State athletics hosting happy hour to celebrate new partnership with FARMesilla
LAS CRUCES, New Mexico — “Aggie Corner” will be unveiled Thursday at FARMesilla in Mesilla, NM from 4 to 7 p.m., which is being described as a…
Continue Reading Meta testing expanded encryption features amid renewed scrutiny of messaging data
By Clare Duffy, CNN Business Meta on Thursday said it is testing expanded encryption features for Messenger and Instagram, days after the company…
Continue Reading Here’s why you still look terrible in virtual reality
CNN, CNNBUSINESS By Rachel Metz, CNN Business Mark Zuckerberg has bet his company’s future on an ambitious long-term vision of people carrying…
Continue Reading Ruling clouds future of southeast Alaska king salmon fishery
By GENE JOHNSON Associated Press SEATTLE (AP) — A federal court ruling this week has thrown into doubt the future of a valuable commercial salmon…
Continue Reading J&J COVID vaccine factory forced to trash even more doses
WASHINGTON (AP) — Congressional panel leaders say an additional 135 million doses of Johnson & Johnson’s COVID-19 vaccine from a troubled…
Continue Reading Pakistani navy, Belgian tanker rescue 9 from Indian vessel
ISLAMABAD (AP) — A military statement says nine Indian crew members whose vessel sank off the Pakistani port of Gwadar in the Arabian Sea have been…
Continue Reading The US Postal Service is raising rates for the holidays
By Jordan Valinsky, CNN Business For the third year in a row, the United States Postal Service is hiking the prices of its delivery services —…
Continue Reading FTC weighs sweeping new rules on ‘commercial surveillance’ and Big Data
By Brian Fung, CNN The Federal Trade Commission is considering whether to write sweeping new regulations that could restrict how businesses collect…
Continue Reading The streaming wars are over
By Frank Pallotta, CNN Business In November 2019, Disney debuted Disney+, kicking off the so-called streaming wars and prompting companies across the…
Continue Reading Nearly half of all teens say they use the internet ‘almost constantly,’ survey finds
By Jennifer Korn Nearly half of US teens say they use the internet “almost constantly,” according to a new survey released on Wednesday.…
Continue Reading This tried-and-true investing strategy isn’t working
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business If you are getting closer to retirement age…or if you’re just a super conservative…
Continue Reading This tried-and-true investing strategy isn’t working
By Paul R. La Monica, CNN Business If you are getting closer to retirement age…or if you’re just a super conservative investor terrified…
Continue Reading Sweeping climate bill pushes American energy to go green
By SETH BORENSTEIN, MATTHEW DALY and MICHAEL PHILLIS Associated Press WASHINGTON (AP) — After decades of inaction in the face of escalating natural…
Continue Reading Heathrow airport says passenger cap has eased travel chaos
LONDON (AP) — Heathrow Airport in London said Thursday that its limit on the number of passengers is easing a travel crunch that has led to flight…
Continue Reading Twitter activates election policy enforcement for US midterms
By Brian Fung, CNN Business Twitter will now label and demote misinformation about the upcoming US elections, such as false claims about how to cast…
Continue Reading Twitter activates election policy enforcement for US midterms
CNN, WPTV, KCAL, KCBS By Brian Fung, CNN Business Twitter will now label and demote misinformation about the upcoming US elections, such as false…
Continue Reading McDonald’s is starting to reopen in Ukraine
By Danielle Wiener-Bronner, CNN Business After closing its restaurants in Ukraine six months ago because of the Russian invasion, McDonald’s is…
Continue Reading US key 30-year mortgage rate jumps back over 5%, now 5.22%
WASHINGTON (AP) — Average long-term U.S. mortgage rates soared this week in a continued volatile market as the key 30-year loan rate jumped back…
Continue Reading EU says US electric vehicle tax credit could break WTO rules
BRUSSELS (AP) — The European Union says a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles could discriminate…
Continue Reading 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.…
Continue Reading 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…
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