Canada’s central bank raises interest rate a full point
By ROB GILLIES Associated Press TORONTO (AP) — Canada’s central bank is raising its target interest rate by a full percentage point in an effort…
Continue ReadingBiz/Tech
Real Madrid switches from Audi to BMW
MADRID (AP) — Real Madrid is driving away from a partnership of nearly two decades with Audi and switching to BMW as one of its main sponsors. The…
Continue Reading EU rule of law report decries situation in Poland, Hungary
By RAF CASERT Associated Press BRUSSELS (AP) — The European Union’s executive has decried the rule of law situation in Poland and Hungary and…
Continue Reading
Opinion: The Supreme Court’s EPA decision is a wake-up call. Congress must act now
Opinion by Suzanne DiBianca for CNN Business Perspectives The US Supreme Court’s ruling limiting the EPA’s authority to regulate…
Continue Reading Italy’s taxi drivers keep protesting, fear new competition
ROME (AP) — Hundreds of taxi drivers in Italy are protesting for a second day against the government’s plans to allow more competition. Since…
Continue Reading Wildfires scorch parts of Europe amid extreme heat wave
By HELENA ALVES and JOSEPH WILSON Associated Press LISBON, Portugal (AP) — A spate of wildfires is scorching parts of Europe, with firefighters…
Continue Reading US inflation hit 40-year high in June, driven by record gas prices
By Lucy Bayly and Alicia Wallace, CNN Business Inflation surged to a new pandemic-era peak in June, with US consumer prices jumping by 9.1%…
Continue Reading Americans are feeling slightly better about the economy, but inflation still bites
CNN, CNNBUSINESS By Alicia Wallace, CNN Business Americans are feeling slightly better about the economy, but painfully high inflation is still…
Continue Reading Germany’s climate plan: More bike lanes, no car speed limit
BERLIN (AP) — The German government has unveiled a new package of climate measures to close the emissions gap in the transport and housing sectors…
Continue Reading 3 reasons not to panic about decades-high inflation
By Julia Horowitz, CNN Business When the latest data on consumer prices in the United States landed Wednesday, the headline number was ugly.…
Continue Reading LGBTQ harassment, slurs abound on social media, report says
By AMANDA SEITZ Associated Press WASHINGTON (AP) — Social media platforms including Facebook and TikTok are failing to stop hate and threats…
Continue Reading Vote on Spirit, Frontier merger is postponed, again
By MICHELLE CHAPMAN AP Business Writer Days ahead of a shareholder vote at Spirit Airlines over a proposed buyout by rival budget carrier Frontier,…
Continue Reading Delta earnings fall far short of expectations because of high fuel costs and service problems
By Chris Isidore, CNN Business A bad quarter for Delta Air Lines passengers turned into a bad quarter for Delta investors, as the costs of service…
Continue Reading Japan court holds utility execs liable for Fukushima crisis
By MARI YAMAGUCHI Associated Press TOKYO (AP) — A Tokyo court has ordered four former executives of the utility operating the tsunami-wrecked…
Continue Reading Austria’s far-right Freedom Party names presidency candidate
BERLIN (AP) — Austria’s far-right Freedom Party has chosen former lawmaker Walter Rosenkranz as its candidate to challenge liberal incumbent…
Continue Reading Europe as a budget-friendly travel option? It’s true in 2022
By SAM KEMMIS of NerdWallet Travel to Europe might be an attractive option to travelers looking for a budget vacation in 2022. In May 2022, airfare…
Continue Reading Delta posts $735 million profit, sees strong revenue in Q3
By DAVID KOENIG AP Airlines Writer The summer is off to a profitable start for Delta Air Lines. The airline said Wednesday that it earned $735…
Continue Reading 2 candidates knocked out of UK Conservative leadership race
By JILL LAWLESS Associated Press Writer LONDON (AP) — Two candidates have been knocked out of the race to replace British Prime Minister Boris…
Continue Reading Edmunds: The Best Hybrid Pickup Trucks in 2022
By MICHAEL CANTU Edmunds If you’re in the market for a pickup truck, you might be considering a hybrid model with today’s sky-high gas prices.…
Continue Reading Heat wave threatens power shortages and higher pork prices in China
By Laura He, CNN Business A scorching heat wave in China has forced a major manufacturing region to appeal to businesses and households to use less…
Continue Reading Minister: Ukraine needs assurances to resume grain exports
By OLEKSANDR STASHEVSKYI, HANNA ARHIROVA and MARIA GRAZIA MURRU Associated Press Kyiv, Ukraine (AP) — The Ukrainian foreign minister says grain…
Continue Reading Cost-of-living crisis to hit women hardest, report says
GENEVA (AP) — The World Economic Forum reports that a cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women…
Continue Reading UK economy shows unexpectedly strong growth in May
LONDON (AP) — Britain’s economy showed unexpectedly strong growth in May, with the three major components of production— manufacturing,…
Continue Reading
Metros with the most people without basic plumbing service, including piped drinking water and a toilet
Stacker determined the 10 metro areas in the U.S. most lacking in complete plumbing facilities based on the percentage of people in each metro…
Continue Reading UN sees progress in talks to free up Ukraine grain exports
By AYSE WIETING, SUZAN FRASER and EDITH M. LEDERER Associated Press ISTANBUL (AP) — U.N. Secretary-General Antonio Guterres says Russian and…
Continue Reading China trade surplus surges to record as exports accelerate
By JOE McDONALD AP Business Writer BEIJING (AP) — China’s monthly trade surplus soared to a record $97.9 billion in June as exports picked up…
Continue Reading Sri Lanka in crisis: President flees and ire turns to PM
By KRISHAN FRANCIS and KRUTIKA PATHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president fled the country Wednesday, plunging a…
Continue Reading UK Conservative hopefuls strikingly diverse, firmly on right
By JILL LAWLESS Associated Press LONDON (AP) — The race to succeed Prime Minister Boris Johnson is being called Britain’s most diverse…
Continue Reading EXPLAINER: What’s happened and what’s next in Sri Lanka
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president, who had announced he would resign Wednesday, has fled the country after months of turmoil…
Continue Reading Asian stocks down after US inflation fuels rate hike fears
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to…
Continue Reading