Wall Street slips into a bear market; here’s what that means
By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street opened the week with heavy losses that put the benchmark S&P 500 at…
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Asian stocks mixed ahead of Fed rate hike decision
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Wednesday ahead of the Federal Reserve’s announcement of how…
Continue Reading Treasury bond yield inversion raises worries over recession
NEW YORK (AP) — One of the more reliable warning signals for an economic recession started blinking again. Treasurys, the IOUs the U.S. government…
Continue Reading US-expelled Haitians fuel charter business to Latin America
By JULIE WATSON, GISELA PEREZ de ACHA, KATIE LICARI, TRENTON DANIEL and PATRICIA LUNA Associated Press SANTIAGO, Chile (AP) — With jokes, upbeat…
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The James Beard Award 2022 winners are …
By Marnie Hunter and Forrest Brown, CNN An Indian street food restaurant in Asheville, North Carolina, an Indigenous restaurant in Minneapolis and an…
Continue Reading Venezuela’s Maduro visits Kuwait, speaks to crown prince
DUBAI, United Arab Emirates (AP) — Venezuelan President Nicolas Maduro has visited Kuwait and spoken to the small, oil-rich nation’s crown…
Continue Reading Welcome to the year of the bear
By Allison Morrow, CNN Business Editor’s Note: This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up…
Continue Reading America’s workers gained power during Covid. A volatile economy will put that to the test
CNN, CNNBUSINESS By Alicia Wallace, CNN Business The pandemic shone a spotlight on the vast disparities in benefits and rights among America’s…
Continue Reading No, Google’s AI is not sentient
CNN By Rachel Metz, CNN Business Tech companies are constantly hyping the capabilities of their ever-improving artificial intelligence. But Google…
Continue Reading No, Google’s AI is not sentient
By Rachel Metz, CNN Business Tech companies are constantly hyping the capabilities of their ever-improving artificial intelligence. But Google was…
Continue Reading Thieves make off with 20 freight containers at Mexican port
MEXICO CITY (AP) — The Mexican Employers Federation says thieves broke into a freight storage area at the Pacific coast seaport of Manzanillo and…
Continue Reading Prologis, Revlon fall; Day One, Bluebird bio rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Prologis, Revlon fall; Day One, Bluebird bio…
Continue Reading How major US stock indexes fared Monday
The Associated Press Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in…
Continue Reading Microsoft reaches agreement to remain neutral in Activision Blizzard union efforts
By Rishi Iyengar, CNN Business Microsoft on Monday announced it has entered into a labor neutrality agreement with Communications Workers of America…
Continue Reading No bartender required: Premixed Jack and Coke going on sale
By DEE-ANN DURBIN AP Business Writer Coca-Cola Co. says it’s partnering with Brown-Forman Corp., the maker of Jack Daniel’s Tennessee Whiskey, to…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery rose 26 cents to $120.93 a barrel Monday. Brent crude for August delivery rose 26…
Continue Reading SpaceX gets key environmental approval for Mars rocket — if it complies with some terms
By Jackie Wattles, CNN Business Federal regulators made a key decision on SpaceX’s plans to launch its gargantuan Mars rocket, called Starship,…
Continue Reading Will money-back guarantee win over wealthy donors?
By DREW LINDSAY of The Chronicle of Philanthropy Chronicle of Philanthropy The advocacy group Global Citizen and the finance firm NPX are engineering…
Continue Reading Film about conservative news figure Matt Drudge is underway
By Oliver Darcy, CNN Business A film about Matt Drudge is in the works. Prospect Park, the production company founded by entertainment industry…
Continue Reading Film about conservative news figure Matt Drudge is underway
CNN By Oliver Darcy, CNN Business A film about Matt Drudge is in the works. Prospect Park, the production company founded by entertainment industry…
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During an extreme heat wave, the City of El Paso still struggles to find lifeguards to open pools
EL PASO, Texas- Even with cash bonuses for signing up and tuition reimbursement, the City of El Paso still can not find enough lifeguards to open all…
Continue Reading ‘It’s war.’ Tensions remain high at first Amazon warehouse in US to unionize
By Catherine Thorbecke and Sara Ashley O’Brien, CNN Business In the two months since workers at an Amazon warehouse in Staten Island, New York,…
Continue Reading Hot inflation dims likelihood Fed can achieve ‘soft landing’
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — For months, Chair Jerome Powell has held out hope that the Federal Reserve will be…
Continue Reading Automakers ask Congress to lift electric vehicle tax cap
Associated Press NEW YORK (AP) — Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a…
Continue Reading Cargo jet with Iranian crewmembers stuck in Argentina
By ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) — A jumbo jet-sized mystery has landed in the lap of Argentine officials.…
Continue Reading Where to hide in a bear market? Soda, peanut butter and tissues
By Paul R. La Monica, CNN Business Stocks plunged again Monday, extending Friday’s losses and officially pushed the S&P 500 into bear…
Continue Reading Opinion: 3 signs the labor market isn’t as great as it looks
Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the jobs…
Continue Reading Opinion: 3 signs the labor market isn’t as great as it looks
CNN Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the…
Continue Reading Coca-Cola is putting Jack & Coke in a can
By Jordan Valinsky, CNN Business Drinking a Jack and Coke is about to become, somehow, even easier. Coca-Cola is partnering with Brown-Forman to make…
Continue Reading Bucolic Ukraine forest is site of mass grave exhumation
By OLEKSANDR STASHEVSKYI Associated Press BUCHA, Ukraine (AP) — The lush green beauty of a pine forest with singing birds contrasted with the…
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