Fed board member opens door to 1-point hike if demand rises
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Christopher Waller, a member of the Federal Reserve’s Board of Governors, said…
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Deal-making down as inflation, rate hikes spur caution
By DAMIAN J. TROISE AP Business Writer Companies hit the brakes on deal-making during the first half of 2022 as concerns over pervasive inflation,…
Continue Reading State lotteries increasingly cede control to huge firms
By TINASHE CHINGARANDE, ELIZABETH FLOOD, SPENCER FRIEDMAN and DANIEL LAWALL / Howard Center for Investigative Journalism Howard Center for…
Continue Reading Macron: Turn out the lights, brace for Russian gas cutoff
PARIS (AP) — French President Emmanuel Macron is warning his country’s people to prepare for a total cutoff of Russian natural gas by supporting…
Continue Reading US Embassy alarmed by power struggle at Libya’s oil company
By NOHA ELHENNAWY Associated Press CAIRO (AP) — The U.S. Embassy in Libya says it’s concerned over the struggle for control of Libya’s oil…
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Amazon’s Ring has provided doorbell footage to police without owners’ consent 11 times so far this year
CNN By Brian Fung, CNN Amazon’s smart-doorbell company, Ring, has provided surveillance footage to law enforcement without a warrant or the…
Continue Reading Amazon’s Ring has provided doorbell footage to police without owners’ consent 11 times so far this year
By Brian Fung, CNN Amazon’s smart-doorbell company, Ring, has provided surveillance footage to law enforcement without a warrant or the consent…
Continue Reading Average long-term US mortgage rates bounce back up to 5.51%
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates were back up this week, just as the latest government data…
Continue Reading Mortgage rates rise to 5.5% as volatility continues
By Anna Bahney, CNN Business Mortgage rates are on the rise again after a dramatic drop last week. The 30-year fixed-rate mortgage averaged 5.51% in…
Continue Reading Here are the highlights from Twitter’s lawsuit against Elon Musk
By Clare Duffy, CNN Business It’s not every day that a major corporate lawsuit features a poop emoji, but then again it’s not every day…
Continue Reading Long lines are back at US food banks as inflation hits high
By ANITA SNOW and EUGENE GARCIA Associated Press PHOENIX (AP) — Long lines are back at food banks around the U.S. as working Americans overwhelmed…
Continue Reading Von der Leyen: EU wants North Macedonia in the bloc
By KONSTANTIN TESTORIDES Associated Press SKOPJE, North Macedonia (AP) — North Macedonia got a boost from European Commission President Ursula von…
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Mysterious fast radio burst in space has a ‘heartbeat’ pattern
Astronomers published a study in the journal “nature” that details a strange signal they discovered back in 2019. It’s called a fast radio burst.…
Continue Reading Lebanon minister: Silos destroyed in 2020 blast may collapse
By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — A Lebanese minister is warning that the ruins of the Beirut Port silos, destroyed in a massive…
Continue Reading 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…
Continue Reading 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…
Continue Reading 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 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 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 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
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 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 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,…
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