Russian economy ‘won’t be as it was,’ central banker says
By IRINA TITOVA and JIM HEINTZ Associated Press ST. PETERSBURG, Russia (AP) — The head of the Russian Central Bank is warning that the country’s…
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Euro rescue fund to get new chief as its old glory fades
BRUSSELS (AP) — Finance ministers from the 19 countries that share the euro currency could decide Thursday on a successor to lead Europe’s…
Continue Reading Public workers strike in Tunisia, signaling national crisis
By FRANCESCA EBEL and BOUAZZA BEN BOUAZZA Associated Press TUNIS, Tunisia (AP) — A nationwide public sector strike in Tunisia is poised to paralyze…
Continue Reading Germany steps up calls to save energy as Russia reduces gas
BERLIN (AP) — Germany’s vice chancellor is stepping up an appeal for the country’s residents to save energy after Russia’s Gazprom…
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Europe is making it much harder for Russia to ship oil anywhere
By Julia Horowitz, CNN Business The European Union’s embargo on 90% of the oil it imports from Russia is the toughest punishment it’s…
Continue Reading Russian sanctions hurting small Italian fashion producers
By COLLEEN BARRY AP Business Writer BRESCIA, Italy (AP) — Small Italian fashion producers are still allowed to export to Russia despite sanctions,…
Continue Reading Bank of England hikes interest rates but resists bolder move
By DANICA KIRKA Associated Press LONDON (AP) — The Bank of England has raised interest rates by a quarter-percentage point, shrugging off pressure…
Continue Reading Asian stocks follow Wall St lower on economy fears
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes…
Continue Reading N. Korea reports another disease outbreak amid COVID-19 wave
By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — North Korea reported a new “epidemic” of an intestinal disease on Thursday, an…
Continue Reading PG&E moves power underground in plan to bury 10,000 miles
By HAVEN DALEY Associated Press SANTA ROSA, Calif. (AP) — Pacific Gas & Electric Co. is working on an ambitious project to bury thousands of…
Continue Reading Gateway towns to Yellowstone become dead ends after flood
By MATTHEW BROWN and BRIAN MELLEY Associated Press RED LODGE, Mont. (AP) — This gateway town to Yellowstone National Park has become a dead end, a…
Continue Reading Pakistani govt chided for ‘Drink less tea, save money’ plea
By MUNIR AHMED Associated Press ISLAMABAD (AP) — A minister in Pakistan’s newly elected government is facing criticism following his plea to the…
Continue Reading Fed’s aggressive rate hikes raise likelihood of a recession
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation,…
Continue Reading Global markets and US futures turn lower after Fed rate hike
By Laura He, CNN Business European markets and US stock futures fell Thursday, a day after the Fed got tough on inflation with its biggest rate hike…
Continue Reading Australia commits to reducing greenhouse emissions by 43%
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s new government on Thursday formally committed to a more ambitious…
Continue Reading Court: Amazon customers can sue over lack of toxic warnings
SAN FRANCISCO (AP) — California’s Supreme Court is allowing customers to sue Amazon.com for failing to warn buyers that some products it…
Continue Reading Bitcoin-boosting Salvadoran leader may have second thoughts
SAN SALVADOR, El Salvador (AP) — El Salvador’s Bitcoin-boosting president may be having second thoughts about the crypto-currency, whose…
Continue Reading Mo’Nique, Netflix reportedly settle her suit alleging bias
LOS ANGELES (AP) — Mo’Nique and Netflix reportedly have settled her lawsuit that accused the streaming service of racial and sexual…
Continue Reading No contest plea for extorting official with explicit photos
By DAVID FISCHER Associated Press MIAMI (AP) — A South Florida man has pleaded no contest to charges related to trying to get $5,000 from a state…
Continue Reading LeBron trading card could fetch record price at auction
RUNNEMEDE, N.J. (AP) — LeBron James might be on the cusp of setting another record. And someone will have to pay a lot of money to make it happen.…
Continue Reading Apple retail workers in Maryland to begin voting in historic union election
Catherine Thorbecke, CNN Business Apple workers at a retail outpost in Towson, Maryland, are set to begin voting on Wednesday in a union election,…
Continue Reading One more sign the housing market is cooling off
CNN, CNN BUSINESS By Anna Bahney, CNN Business Another indication the hot housing market is cooling off? New residential construction and the number…
Continue Reading Real estate job cuts: Redfin and Compass announce layoffs
By Anna Bahney, CNN Business Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are…
Continue Reading Cuba sugar harvest only half of expected; sector in ‘crisis’
HAVANA (AP) — Cuba has produced only about half the sugar it had projected this season and authorities acknowledge that while they will cover…
Continue Reading This is how a higher Fed rate could affect your finances
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Record low-interest mortgages are long gone. Credit card rates will likely rise.…
Continue Reading What rising interest rates mean for you
CNN By Jeanne Sahadi, CNN Business In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending…
Continue Reading Nucor, Hertz Global rise; Methode, iQIYI fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Nucor, Hertz Global rise; Methode, iQIYI…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press Stocks rallied in a roller-coaster day of trading on Wall Street Wednesday after the Federal Reserve hiked interest rates by the…
Continue Reading FAA says future planes will need to reduce carbon emissions
WASHINGTON (AP) — The Biden administration is proposing to require that future airplanes produce lower levels of greenhouse gas emissions before…
Continue Reading Russia’s war on Ukraine will shape the Czech EU presidency
By KAREL JANICEK By Associated Press PRAGUE (AP) — Russia’s invasion of Ukraine and what Europe must do to counter the consequences of it…
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