Consumer confidence slips for third straight month
By Alicia Wallace, CNN Business Americans grew even more pessimistic about the US economy over the past month, according to the latest survey on…
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Home prices are still going strong, but there are signs of slowing
By Anna Bahney, CNN Business US home prices were up nearly 20% in May compared to the year before. But there were signs the market began to cool as…
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Investigators blame American Airlines pilot for bad takeoff
WASHINGTON (AP) — Federal investigators say a mistake by the captain of an American Airlines flight caused the plane’s wing to clip the ground…
Continue Reading Unilever hikes prices for products but expects strong sales
LONDON (AP) — Unilever says it raised prices by more than 11% between April and June as inflation surged. The consumer goods giant said Tuesday…
Continue Reading At Home: Gear, toys, tips to help beat the heat outdoors
By KIM COOK Associated Press The thermostat has officially hit swelter. Whether you’re trying to play in the backyard or just chill outdoors,…
Continue Reading McDonald’s customers shrug off higher menu prices as revenue jumps
By Danielle Wiener-Bronner, CNN Business McDonald’s has been raising menu prices and customers are eating it up. Sales at McDonald’s US…
Continue Reading ‘Edge of a global recession’: IMF slashes world economic forecast again
By Michelle Toh, CNN Business The global economy is already in trouble, yet risks keep piling up. In a report released Tuesday, the International…
Continue Reading Indonesia’s leader invites Chinese counterpart to G20 summit
BEIJING (AP) — Indonesian President Joko Widodo has formally invited his Chinese counterpart Xi Jinping to the Group of 20 summit in Bali this fall…
Continue Reading Developing nations seek to overcome energy, currency crises
By JULHAS ALAM Associated Press DHAKA, Bangladesh (AP) — Business leaders and officials from eight developing nations meeting in Bangladesh say…
Continue Reading Global food prices are finally falling … but for how long?
By Julia Horowitz, CNN Business When wheat prices shot up to record highs following Russia’s invasion of Ukraine, alarm bells immediately…
Continue Reading US opens 3 probes of safety issues in Stellantis vehicles
DETROIT (AP) — U.S. safety regulators have opened three investigations into safety issues with about 1.65 million vehicles made by Stellantis. The…
Continue Reading The EU has agreed to ration gas, but some countries put up a fight
By Anna Cooban, CNN Business The European Union has agreed to ration its natural gas this winter to prevent a severe supply shock. But the bloc has…
Continue Reading Germany takes control of Russian-owned oil refineries
CNN By Nadine Schmidt and Anna Cooban, CNN Business The German government has seized control of three Russian-owned oil refineries to secure supplies…
Continue Reading McDonald’s posts lower Q2 revenue, charges weigh down profit
By DEE-ANN DURBIN AP Business Writer McDonald’s revenue fell short of expectations in the second quarter as coronavirus restrictions shuttered…
Continue Reading Coke revenue rises along with prices; ups outlook for 2022
By DEE-ANN DURBIN AP Business Writer Coca-Cola posted higher-than-expected sales in the second quarter due to price increases and higher demand at…
Continue Reading GM reports strong sales but says it’s prepared for possible recession
By Chris Isidore, CNN Business General Motors said strong sales and demand for vehicles doesn’t suggest any signs of an economic slowdown, but…
Continue Reading German strike forces Lufthansa to cancel hundreds of flights
BERLIN (AP) — Lufthansa says it will have to cancel almost all flights at its main Frankfurt and Munich hubs Wednesday because of a strike by its…
Continue Reading Hobbled by chip, other shortages, GM profit slides 40% in Q2
By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts…
Continue Reading Detective: Alex Jones ‘most dangerous’ type of attack denier
By JIM VERTUNO Associated Press AUSTIN, Texas (AP) — The detective who led the investigation into the 2012 Sandy Hook Elementary School attack…
Continue Reading If it looks like a recession and quacks like a recession…
By Paul R. La Monica, CNN Business Is the United States heading for a recession? Or is the economy already in one? It — almost —…
Continue Reading Oil-funded Rockefeller Foundation centers fight for climate
By THALIA BEATY Associated Press NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a…
Continue Reading Alibaba stock jumps after announcing Hong Kong primary listing
By Michelle Toh, CNN Business Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock. In a statement Tuesday, the…
Continue Reading Asian stocks follow Wall Street ahead of likely US rate hike
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp…
Continue Reading Why diesel is more expensive than regular gas
By Benjamin Taubman, CNN Business Most drivers today are focused on the high cost of filling up their tanks with regular fuel. But there’s…
Continue Reading EU agrees to cut natural gas use amid Russian supply fears
BRUSSELS (AP) — European Union governments have agreed to reduce consumption of natural gas this winter to protect against further supply cuts by…
Continue Reading Micronesia’s first COVID-19 outbreak balloons, causing alarm
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — Micronesia’s first outbreak of COVID-19 has grown in one week to more than 1,000…
Continue Reading Alibaba to seek primary listing in Hong Kong, adding to NYSE
By ZEN SOO Associated Press HONG KONG (AP) — Alibaba, China’s biggest e-commerce company, plans to apply for a primary listing in Hong Kong. The…
Continue Reading The Choco Taco is gone for good
By Danielle Wiener-Bronner, CNN Business Pour one out for Choco Taco. The beloved Klondike product, packaged ice cream in a taco-shaped cone, has…
Continue Reading Budget airline Allegiant cuts profit outlook on rising costs
LAS VEGAS (AP) — Shares of Allegiant Air’s parent company are falling after the company cut its prediction for second-quarter profit. Allegiant…
Continue Reading Bitzero to buy old North Dakota missile site for data center
By JAMES MacPHERSON Associated Press BISMARCK, N.D. (AP) — Gov. Doug Burgum says a crypto mining company is planning to redevelop a northeastern…
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