Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery fell $3.62 to $115.31 a barrel Wednesday. Brent crude for August delivery fell $2.66…
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Florida utility aims to eliminate carbon emissions by 2045
By TERRY SPENCER Associated Press FORT LAUDERDALE, Fla. (AP) — Florida’s largest electricity provider has announced plans to eliminate all of its…
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Fed hikes interest rates by three-quarters of a percentage point in boldest move since 1994
By Nicole Goodkind, CNN Business The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an aggressive move…
Continue Reading Fed hikes interest rates by three-quarters of a percentage point in boldest move since 1994
CNN, POOL By Nicole Goodkind, CNN Business The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an…
Continue Reading The Federal Reserve passes the buck on inflation
CNN, CNNBUSINESS By Nicole Goodkind, CNN Business The mission of the Federal Reserve is to foster the stability of US monetary systems. It’s…
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Reaction to Tigua tribe winning decades-long gambling fight with Texas
EL PASO, Texas — The Tigua tribe scored a major victory against Texas over the legality of gambling. The Tigua can legally operate bingo-based games…
Continue Reading Triple whammy for European gas supplies sends prices soaring
By Anna Cooban, CNN Business Europe’s natural gas supply has suffered its third blow in 48 hours, sending prices rocketing 42% higher from…
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U.S. Supreme Court sides with El Paso’s Tigua tribe in decades-long gambling fight with Texas
El Paso’s Tigua Indians can legally operate bingo-based games at their Speaking Rock Entertainment Center in the Lower Valley, the U.S. Supreme…
Continue Reading Danish toymaker Lego expands amid sale surge
COPENHAGEN, Denmark (AP) — Danish toy company Lego said Wednesday it plans to invest more than $1 billion over 10 years to build a new factory in…
Continue Reading Lebanon extends licensing deadline for gas exploration
BEIRUT (AP) — Lebanon’s state-run news agency says the country’s caretaker energy minister has extended the licensing deadline for oil…
Continue Reading Turkey’s leader changes mind again on new name for airline
ANKARA, Turkey (AP) — Turkey’s president is on a big push to rebrand the nation and its assets but he has changed his mind about what the…
Continue Reading High court rules against government on drug reimbursement
By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court says the federal government improperly lowered drug reimbursement payments…
Continue Reading Virginia lands LEGO factory in suburban Richmond
CHESTERFIELD, Va. (AP) — Global toy manufacturer the LEGO Group plans to invest more than $1 billion to build a factory in suburban Richmond,…
Continue Reading Manufacturing CEOs are worried about a recession
By Matt Egan, CNN Business High inflation and rising recession risks are darkening the mood in the manufacturing industry. Fifty-nine percent of…
Continue Reading 1,000-foot ship freed after grounding near Georgia port
SAVANNAH, Ga. (AP) — Authorities are investigating what caused a cargo ship to become grounded in the shipping channel to Georgia’s busiest…
Continue Reading Here’s why crypto experts are shrugging off the bitcoin crash
By Nicole Goodkind, CNN Business Cryptocurrency is having a terrible week. And it’s only Wednesday. Still, long-term investors are shrugging…
Continue Reading Independent booksellers grew in number, diversity in 2021
By HILLEL ITALIE AP National Writer NEW YORK (AP) — Independent booksellers are growing in number and becoming more diverse. Membership in the…
Continue Reading End of an era: Microsoft retires Internet Explorer
CNN, CNN BUSINESS By Jennifer Korn and David Goldman, CNN Business After nearly 27 years, an iconic Microsoft product is finally being put to rest.…
Continue Reading End of an era: Microsoft retires Internet Explorer
By Jennifer Korn and David Goldman, CNN Business After nearly 27 years, an iconic Microsoft product is finally being put to rest. Internet Explorer…
Continue Reading Ford recalls over 2.9M vehicles at risk of roll away crashes
DETROIT (AP) — Ford is recalling over 2.9 million vehicles to fix a transmission problem that can increase the risk of inadvertent rollaway…
Continue Reading Russia again cuts natural gas exports thru European pipeline
By GEIR MOULSON Associated Press BERLIN (AP) — Russia’s Gazprom has announced a reduction in natural gas flows through a key European pipeline…
Continue Reading Ryanair drops Afrikaans test that angered South Africans
LONDON (AP) — Budget airline Ryanair says it has scrapped its controversial Afrikaans language test for South African travelers aimed at weeding…
Continue Reading Consumers pull back spending due to high gas and food prices
By Chris Isidore, CNN Business The high cost of gas and food is causing US consumers to pull back spending on other items, suggesting a slowdown in…
Continue Reading Retail sales in May slip 0.3% amid surging inflation
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans trimmed their spending unexpectedly in May compared with the month before,…
Continue Reading US report: Nearly 400 crashes of automated tech vehicles
By TOM KRISHER AP Auto Writer DETROIT (AP) — Automakers reported nearly 400 crashes over a 10-month period involving vehicles with partially…
Continue Reading EPA: ‘Forever chemicals’ pose risk even at very low levels
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency is warning that two nonstick and stain-resistant compounds…
Continue Reading Teslas using driver-assist systems were involved in 273 crashes over the past 9 months, according to NHTSA
By Matt McFarland, CNN Business The National Highway Traffic Safety Administration released on Wednesday nine months of crash data from vehicles…
Continue Reading Layoffs are on the rise in the midst of crypto winter
CNN By Jennifer Korn, CNN Business Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm,…
Continue Reading Bill Gates says crypto and NFTs are a sham
By Jordan Valinsky, CNN Business Don’t count Bill Gates among the fans of cryptocurrencies and NFTs. Those digital asset trends are “100%…
Continue Reading Ikea to sell inventory, find new owners of Russia business
STOCKHOLM (AP) — Ikea says it’s seeking new owners for its four factories in Russia and to liquidate its product inventory there because of…
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