FTC acts to block Meta from buying VR company, fitness app
By MARCY GORDON AP Business Writer WASHINGTON (AP) — Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark…
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FTC files to block Facebook-parent Meta from buying a VR company
By Clare Duffy, Rachel Metz and Brian Fung, CNN The Federal Trade Commission on Wednesday moved to block Facebook-parent Meta from acquiring virtual…
Continue Reading TikTok pledges more transparency for researchers amid renewed scrutiny
By Catherine Thorbecke, CNN Business TikTok on Wednesday said it would share more data with certain researchers to study activity on the platform…
Continue Reading Victim of private spyware warns it can be used against US
By NOMAAN MERCHANT Associated Press WASHINGTON (AP) — First, her father was lured back to Rwanda under false pretenses and jailed. Then, months…
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Federal Reserve raises key rate by substantial three-quarters of a point for 2nd straight time in bid to curb inflation
WASHINGTON (AP) — Federal Reserve raises key rate by substantial three-quarters of a point for 2nd straight time in bid to curb inflation.…
Continue Reading How the Federal Reserve’s rate hikes affect your finances
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more…
Continue Reading British man arrested after London-LA flight diverted to Utah
Associated Press SALT LAKE CITY (AP) — A British man aboard a flight from London to Los Angeles grabbed a passenger seated in front of him by the…
Continue Reading Sprite will no longer be sold in green bottles
By Jordan Valinsky, CNN Business Sprite is retiring its green plastic bottles after more than 60 years. Coca-Cola said Wednesday it’s changing…
Continue Reading Report: Federal debt lower in 2022; still poised to climb
By JOSH BOAK Associated Press The Congressional Budget Office says the end of pandemic-era spending, fast economic growth and higher tax revenues…
Continue Reading Fed makes history with second massive rate hike in as many months
By Nicole Goodkind, CNN Business What seemed unfathomable just six months ago — a 75-basis-point rate hike by the Federal Reserve — has…
Continue Reading Ex-Fed insider: A full-blown recession is ‘almost certainly’ coming
CNN By Matt Egan, CNN Business The Federal Reserve’s war on inflation will eventually kill the economic recovery from Covid-19, former Fed…
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El Paso homeschooling moms teach their kids with hands-on experiments. Today’s is- cooking food with solar power
EL PASO, Texas – The Sun City Homeschool Co-op in El Paso is a group of moms that create fun elective classes for their children to participate in.…
Continue Reading Senate passes bipartisan bill investing $52 billion in US semiconductor production
By Clare Foran and Ted Barrett, CNN The Senate voted Wednesday to pass a long-awaited bill aimed at boosting US semiconductor production in a bid to…
Continue Reading Senate passes bill to boost computer chip production in US
By KEVIN FREKING Associated Press WASHINGTON (AP) — The Senate has passed a bill that’s designed to encourage more semiconductor companies to…
Continue Reading Inflation hits NYC’s bodega favorite: Bacon, egg and cheese
By ROBERT BUMSTED Associated Press NEW YORK (AP) — Ah, the bacon, egg and cheese. The classic bodega breakfast sandwich is a staple in many a New…
Continue Reading Judge tosses Kentucky student’s lawsuits over DC encounter
By DYLAN LOVAN Associated Press LOUISVILLE, Ky. (AP) — A federal judge has thrown out multimillion-dollar defamation lawsuits against five media…
Continue Reading Workers at Massachusetts Trader Joe’s store take union vote
By MARK PRATT Associated Press Employees at a Trader Joe’s in Massachusetts are casting votes over the next two days in an attempt to form the…
Continue Reading 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…
Continue Reading 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…
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