With elections in sight, Brazil increases spending cap
By DIANE JEANTET Associated Press RIO DE JANEIRO (AP) — Millions of Brazilians will get a hefty boost from a measure approved by Brazil’s…
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Emirates slams Heathrow Airport’s order to cut flights
By KELVIN CHAN AP Business Writer LONDON (AP) — Emirates Air has rejected a demand by London’s Heathrow Airport for airlines to cut the number of…
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Jamie Dimon battens down the hatches for a recession
By Nicole Goodkind, CNN Business JPMorgan Chase kicked off the second quarter earnings season with bad news: The bank temporarily suspended share…
Continue Reading Twitter briefly hit by outage impacting many users
By Jennifer Korn Twitter’s turbulent week continues. Twitter was briefly hit by a significant outage on Thursday morning, with tens of…
Continue Reading Is Twitter down? Service appears to return after outage
By The Associated Press Twitter appears to be returning for some users after experiencing an hourlong outage that affected both its app and website…
Continue Reading Wholesale inflation in June surged 11.3% from a year ago
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the…
Continue Reading What recession? America’s banks reveal few signs of trouble
CNN, CNN BUSINESS By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at…
Continue Reading This key inflation measure shows prices are still rising
By Alicia Wallace, CNN Business A leading inflation indicator surged in June, showing that prices continue to remain stubbornly high. The Producer…
Continue Reading Estonian leader Kaja Kallas asked to form new government
By JARI TANNER Associated Press HELSINKI (AP) — Estonia’s president has asked Prime Minister Kaja Kallas to form a new government after she…
Continue Reading A truly massive interest rate hike is now on the table
By Julia Horowitz, CNN Business Central banks have made clear that after a sluggish start, they’re serious about putting a lid on inflation.…
Continue Reading This AI image generator lets you type in words and get weird pictures back
By Rachel Metz, CNN Business It only took Matt Laming, a 19-year-old from the United Kingdom, about a month to hit a million followers on Twitter.…
Continue Reading This AI image generator lets you type in words and get weird pictures back
CNN, CNN BUSINESS By Rachel Metz, CNN Business It only took Matt Laming, a 19-year-old from the United Kingdom, about a month to hit a million…
Continue Reading GM, partners to build 500 electric vehicle charging stations
By TOM KRISHER AP Auto Writer DETROIT (AP) — A major automaker, large truck stop chain and an electric vehicle charging company are proposing a…
Continue Reading Lithuania won’t argue with Brussels over Kalingrad transit
VILNIUS, Lithuania (AP) — Lithuania’s prime minister says her country won’t try to reverse a decision by the European Union’s…
Continue Reading Eugenio Scalfari, revolutionized Italy’s journalism, dies
By FRANCES D’EMILIO Associated Press ROME (AP) — Italian journalist Eugenio Scalfari has died at 98. Scalfari helped revolutionize Italian…
Continue Reading Wildfire threat becomes tool to fight home builders
By MICHAEL PHILLIS and SUMAN NAISHADHAM Associated Press Preston Brown knows the risk of wildfire that comes with living in the rural,…
Continue Reading Stamps are more expensive now. Here’s how much more you’ll pay to drop a letter in the mail
By Chris Isidore, CNN Business Maybe this counts as good news in a time of painful price increases for necessities such as food, fuel and housing:…
Continue Reading JPMorgan 2Q profit drops; CEO warns of economic challenges
NEW YORK (AP) — Profits at JPMorgan Chase fell by 28% in the second quarter, as the bank tries to navigate an economy that’s showing strength in…
Continue Reading What does ‘plead the Fifth’ mean? Will the Trumps do it?
By JENNIFER PELTZ Associated Press NEW YORK (AP) — Donald Trump and two of his children — Donald Jr. and Ivanka — are due, in the coming days,…
Continue Reading Scholz party mulls bids to expel German ex-leader Schroeder
BERLIN (AP) — Local officials with German Chancellor Olaf Scholz’s party have met to consider calls to expel former Chancellor Gerhard Schroeder.…
Continue Reading Pepsi is making big money on smaller portions
By Danielle Wiener-Bronner, CNN Business The biggest trend in snacking is something small: Chip bags and sodas are going mini. PepsiCo is seeing…
Continue Reading Pepsi is making big money on smaller portions
CNN By Danielle Wiener-Bronner, CNN Business The biggest trend in snacking is something small: Chip bags and sodas are going mini. PepsiCo is seeing…
Continue Reading Italian Premier Draghi’s resignation is rebuffed — for now
By FRANCES D’EMILIO Associated Press ROME (AP) — Italian Premier Mario Draghi offered to step down Thursday after a populist coalition…
Continue Reading Chinese homebuyers refuse to pay mortgages on unfinished apartments
By Laura He, CNN Business China’s real estate crisis is escalating, raising concerns about growing risks in the banking system. Desperate…
Continue Reading Emirates slams Heathrow ‘incompetence’ over summer ‘airmageddon’
By Anna Cooban and Livvy Doherty, CNN Business Emirates airline has blasted one of the world’s busiest airports for its…
Continue Reading Villages battle wildfires in Portugal; Europe swelters
By HELENA ALVES and JOSEPH WILSON Associated Press BEMPOSTA, Portugal (AP) — More than 3,000 firefighters are battling alongside ordinary…
Continue Reading Amazon offers concessions to head off EU antitrust cases
By KELVIN CHAN AP Business Writer LONDON (AP) — Amazon has promised to treat third-party merchants on its website fairly as it seeks to resolve two…
Continue Reading Serbia police detain 85 migrants; weapons seized in raid
By JOVANA GEC Associated Press BELGRADE, Serbia (AP) — Authorities in Serbia have detained 85 migrants near the border with Hungary where a clash…
Continue Reading G-20 finance leaders tackle dire fallout from war in Ukraine
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — U.S. Treasury Secretary Janet Yellen has urged leaders of major economies to work together…
Continue Reading US journalists targeted by foreign hackers who show sophisticated understanding of American politics
By Sean Lyngaas, CNN In the days before the January 6, 2021, insurrection, Chinese hackers sent out a flurry of malicious emails to prominent White…
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