The dream of owning a home is out of reach for 4 million Americans
CNN By Alicia Wallace, CNN Business The record run-up in home prices and rents exacerbated the affordable housing crisis in the US, and rising…
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Marcos to serve as agriculture chief amid food crisis fears
MANILA, Philippines (AP) — Philippine President-elect Ferdinand Marcos Jr. has expressed concern about rising food prices caused in part by the war…
Continue Reading Lithuania defends ban on some goods to Russia’s Kaliningrad
By LIUDAS DAPKUS Associated Press VILNIUS, Lithuania (AP) — Lithuania is defending its decision to bar rail transit from Russia to a Russian Baltic…
Continue Reading Despite Western arms, Ukraine is outgunned in the east
By ANDREA ROSA and JAMEY KEATEN Associated Press BAKHMUT, Ukraine (AP) — Holed up in a bombed-out house in eastern Ukraine, Ukrainian troops keep a…
Continue Reading Opinion: The case for the four-day workweek
Opinion by Joe O’Connor and Juliet Schor for CNN Business Perspectives It’s now well recognized how difficult the pandemic has been for…
Continue Reading Circle CEO Jeremy Allaire on cryptocurrency market turmoil
By KEN SWEET AP Business Writer NEW YORK (AP) — Circle is the company behind USD Coin, the second-largest so-called “stablecoin” in the crypto…
Continue Reading Germany sticks to 2030 coal exit target amid energy worries
BERLIN (AP) — The German government says it remains committed to its goal of phasing out coal as a power source by 2030, despite deepening worries…
Continue Reading German officials seize apartments of Russian lawmaker, wife
BERLIN (AP) — German prosecutors say they have seized three apartments and a bank account owned by a Russian lawmaker and his wife under European…
Continue Reading France reshaped: Election emboldens Le Pen, undercuts Macron
By SYLVIE CORBET and BARBARA SURK Associated Press PARIS (AP) — France faced an ecstatic Marine Le Pen on Monday after her party’s far-right…
Continue Reading Already strained supply chain at risk in ongoing port labor talks
CNN By Chris Isidore, CNN Business More tieups at West Coast ports are just about the last thing the US economy needs right now. Delays caused by a…
Continue Reading Already strained supply chain at risk in ongoing port labor talks
By Chris Isidore, CNN Business More tieups at West Coast ports are just about the last thing the US economy needs right now. Delays caused by a flood…
Continue Reading Liz Weston: Is medical debt vanishing from credit reports?
By LIZ WESTON of NerdWallet The three credit bureaus have promised to remove nearly 70% of medical debts from consumer credit reports within the next…
Continue Reading ‘It’s just hell there’: Russia still pounds eastern Ukraine
By JOHN LEICESTER and DAVID KEYTON Associated Press KYIV, Ukraine (AP) — Russia’s military machine is persevering in its ferocious effort to…
Continue Reading Macao shuts most businesses as Covid cases surge, but casinos stay open
Story by Reuters and Jessie Yeung, CNN Macao, the world’s biggest gambling hub, began its second day of mass Covid-19 testing on Monday after…
Continue Reading For K-pop supergroup BTS, questions remain about its future
By JUWON PARK Associated Press SEOUL, South Korea (AP) — The surprise announcement by BTS last week that they were taking a break to focus on…
Continue Reading UK set for national railway strike as last-ditch talks fail
By JILL LAWLESS Associated Press LONDON (AP) — Britain is facing its biggest rail strikes in decades after last-minute talks between a union and…
Continue Reading How much for gas? Around the world, pain is felt at the pump
By DANIEL NIEMANN, PAOLA CORONA, JADE LE DELEY and HAU DINH Associated Press COLOGNE, Germany (AP) — At a gas station near the Cologne, Germany,…
Continue Reading World shares mixed; bitcoin holds steady near $20,000
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — European benchmarks were higher Monday after most Asian markets retreated, while the price of…
Continue Reading This Week: Powell testimony, FedEx results, May home sales
The Associated Press Fed Chair Jerome Powell begins two days of Congressional testimony on Wednesday. FedEx reports quarterly results on Thursday.…
Continue Reading Crypto industry fears contagion as bitcoin slips back under $20,000
By Reuters The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at…
Continue Reading Starbucks head of North America business leaving company
By The Associated Press SEATTLE (AP) — Rossann Williams, Starbucks’ North America president who’s been a prominent figure in the company’s…
Continue Reading Bitcoin inches up above psychological threshold of $20,000
OAKLAND, California (AP) — The price of a bitcoin has inched above $20,000 after the broader crypto selloff dragged it below the psychological…
Continue Reading Juneteenth celebrations emphasize ending racial disparities
By JAMIE STENGLE and CHEYANNE MUMPHREY Associated Press DALLAS (AP) — After Opal Lee led hundreds in a walk through her Texas hometown to celebrate…
Continue Reading New US Lego factory raises concerns about North American HQ
ENFIELD, Conn. (AP) — Officials in Connecticut say the decision of Lego Group to build a new factory in Virginia won’t affect the company’s…
Continue Reading $900 fill-up: High gas prices hit RV drivers more than most
By Matt McFarland, CNN Business Gas prices may be skyrocketing, but Americans still love their RVs despite the fact that they often get 10 mpg — or…
Continue Reading Behind the Associated Press’ decision to appoint a democracy editor: ‘This is a very crucial beat’
CNN By Clare Duffy, CNN Business Last week, the Associated Press announced the creation of an unusual new position: a democracy editor. Tom Verdin…
Continue Reading Behind the Associated Press’ decision to appoint a democracy editor: ‘This is a very crucial beat’
By Clare Duffy, CNN Business Last week, the Associated Press announced the creation of an unusual new position: a democracy editor. Tom Verdin — a…
Continue Reading Bitcoin-boosting Salvadoran leader asks for patience
SAN SALVADOR, El Salvador (AP) — El Salvador’s Bitcoin-boosting president has asked people to be patient after the price of the cryptocurrency…
Continue Reading Maryland Apple store union vote marks latest in labor drives
By The Associated Press Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin on Saturday. Here’s a look at…
Continue Reading Someone paid $19 million for a steak lunch with Warren Buffett
By Zoe Sottile, CNN There really is no such thing as a free lunch. An anonymous bidder paid a record-breaking $19 million for a private steak lunch…
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