The stock market ‘casino’ is closed
By Paul R. La Monica, CNN Business Investors have learned a bunch of hard lessons so far in 2022. The stock market doesn’t always go up. And…
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Canceled flights mar first weekend of summer for travelers
By DAVID KOENIG AP Airlines Writer The unofficial start of summer over the Memorial Day weekend offers a troubling glimpse of what lies ahead for…
Continue Reading About 100 Sears Hometown stores are closing
By Jordan Valinsky, CNN Business Roughly 100 Sears Hometown locations are permanently closing in the coming weeks, representing roughly half of its…
Continue Reading A corporate raider is coming after Hellmann’s and Dove
By Nathaniel Meyersohn, CNN Business A shakeup may be in the works at Unilever, the consumer goods giant behind brands like Dove soap,…
Continue Reading Consumers are feeling less confident about the economy, but they’re still spending
By Alicia Wallace, CNN Business Inflation may be showing signs that it’s easing, but the high-cost environment still has American consumers…
Continue Reading US consumer confidence slips in May amid stubborn inflation
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — U.S. consumer confidence edged lower in May as Americans’ view of their present and…
Continue Reading Japan OKs $21B extra budget to tackle rising prices
TOKYO (AP) — Japan’s parliament has enacted a $21 billion extra budget to tackle soaring fuel and food prices following Russia’s invasion…
Continue Reading ‘Top Gun: Maverick’ jets to new box office record
CNN By Frank Pallotta, CNN Business “Top Gun: Maverick” took off at the box office this weekend — setting a new record in the process.…
Continue Reading ‘Top Gun: Maverick’ jets to new box office record
By Frank Pallotta, CNN Business “Top Gun: Maverick” took off at the box office this weekend — setting a new record in the process. The…
Continue Reading Can I talk to a human? Spain presents customer service bill
MADRID (AP) — Tired of speaking to a machine when you call the bank or power company? Spain’s government wants to end those nerve-shattering,…
Continue Reading Home prices rose by more than 20% year-over-year in March
By Anna Bahney, CNN Business US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit…
Continue Reading Hit by pandemic curbs, India’s quarterly growth slows to 4%
NEW DELHI (AP) — India’s economic growth, hit by pandemic curbs and price increases, slowed to 4.1% in the January-March quarter, according to…
Continue Reading Japan court: Nuclear plant’s tsunami safeguards inadequate
By MARI YAMAGUCHI Associated Press TOKYO (AP) — A Japanese court has ordered a utility not to restart a nuclear power plant because of inadequate…
Continue Reading How to beat the market: Go ask a robot
By Allison Morrow, CNN Business The machines are officially winning. Investors who’ve relied on a standard 60/40 portfolio this year have taken…
Continue Reading Hungary’s Orban wins exemption in EU Russian oil embargo
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary’s divisive leader has once again got his own way with the European Union. This…
Continue Reading Deutsche Bank, subsidiary raided over ‘greenwashing’ claims
BERLIN (AP) — Authorities in Germany have raided the offices of Deutsche Bank and its subsidiary DWS following claims that it was exaggerating the…
Continue Reading Millennial Money: Don’t let your first car be a $30K mistake
By COLIN BERESFORD of NerdWallet Car prices have skyrocketed in the last year, making it an even bigger challenge to shop for your first car. With…
Continue Reading India shows no sign of slowing its purchase of Russian oil
By Diksha Madhok, CNN Business India’s appetite for cheap Russian oil is swelling, even as the West continues to hit Moscow with unprecedented…
Continue Reading Sievierodonetsk mayor says Russian forces seize half of city
By YURAS KARMANAU and ELENA BECATOROS Associated Press SLOVIANSK, Ukraine (AP) — Russian forces in a “frenzied push” have seized half of the…
Continue Reading Eurozone inflation hits record 8.1% amid rising energy costs
By KELVIN CHAN AP Business Writer LONDON (AP) — Inflation in the 19 countries that use the euro currency hit a record 8.1% amid surging energy…
Continue Reading High prices, Asian markets could blunt EU ban on Russian oil
By LORNE COOK and SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s groundbreaking decision to ban nearly all oil from…
Continue Reading Turkish leader writes on ‘risks’ of Sweden, Finland in NATO
By ANDREW WILKS Associated Press ISTANBUL (AP) — Turkey’s president has highlighted the activities of the Kurdistan Workers’ Party as part of…
Continue Reading Denmark holds referendum on EU defense amid Ukraine war
By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Danish citizens are voting in a referendum that will decide whether their country will…
Continue Reading Distress in Singapore as Malaysia bans chicken export
KUALA LUMPUR, Malaysia (AP) — Diners in Singapore are bracing for prices of their national chicken-and-rice dish to soar as neighboring Malaysia…
Continue Reading China manufacturing improves as virus curbs eased
BEIJING (AP) — An official survey shows Chinese manufacturing activity started to rebound in May after the government eased anti-virus restrictions…
Continue Reading Shanghai moves toward ending 2-month COVID-19 lockdown
By EMILY WANG FUJIYAMA and KEN MORITSUGU Associated Press SHANGHAI (AP) — Shanghai authorities say they will take major steps Wednesday toward…
Continue Reading Biden plots inflation fight with Fed chair as nation worries
By JOSH BOAK, CHRISTOPHER RUGABER and ZEKE MILLER Associated Press WASHINGTON (AP) — Focused on relentlessly rising prices, President Joe Biden…
Continue Reading Asian shares mixed after stocks retreat on Wall Street
By ELAINE KURTENBACH AP Business Writer Shares were mixed in Asia on Wednesday after a wobbly day on Wall Street closed out a month buffeted by…
Continue Reading Crowd confronts cleric at Iran tower collapse that killed 33
By JON GAMBRELL and ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Protesters angry over a building collapse in southwestern Iran…
Continue Reading Biden to discuss inflation crisis with Fed Chair Powell on Tuesday
By Matt Egan, CNN President Joe Biden plans to discuss high inflation in a meeting on Tuesday with Federal Reserve Chairman Jerome Powell, a White…
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