More Americans apply for jobless aid last week
By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans applied for unemployment benefits last week but the total number of people…
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First on CNN: Biden administration launches plan to refill emergency oil reserve
By Matt Egan, CNN Business The Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil as the first step in a…
Continue Reading Mortgage rates hit highest level since 2009
CNN By Anna Bahney, CNN Business Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two percentage points…
Continue Reading How to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by…
Continue Reading Wall Street, tech investors back Musk Twitter bid with $7B
By MICHELLE CHAPMAN, TOM KRISHER and MATT O’BRIEN AP Business Writers Elon Musk has strengthened the equity stake in his offer to buy Twitter…
Continue Reading Why relief over the Federal Reserve could be short-lived
By Julia Horowitz, CNN Business When the Federal Reserve decides it’s necessary to pursue the biggest interest rate hike since 2000, you…
Continue Reading New Mexico seeks opportunity in Texas border disruptions
By MORGAN LEE Associated Press SANTA FE, N.M. (AP) — New Mexico is highlighting its support for proposals to route an international rail line…
Continue Reading Elon Musk probably got a huge tax break when he sold off Tesla shares
By Chris Isidore, CNN Business To buy Twitter, Elon Musk just sold a ton of stock and made a boatload of money on the sale. But because of a US tax…
Continue Reading America’s job growth is starting to slow
By Anneken Tappe, CNN Business The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase,…
Continue Reading America’s job growth is starting to slow
CNN, HLN By Anneken Tappe, CNN Business The days of millions of job gains per month are behind us and the US labor market recovery has moved into a…
Continue Reading Do you need a grad degree to compete right now? Probably not
By ANNA HELHOSKI of NerdWallet Graduate degrees, once touted as the new bachelor’s degrees, are becoming less crucial to get jobs. Today, more…
Continue Reading Shell reports record 1st-quarter earnings as oil prices soar
By DANICA KIRKA Associated Press LONDON (AP) — Energy giant Shell has reported record first-quarter earnings after a surge in oil prices. The news…
Continue Reading 3m ticket requests for World Cup final; 1.4m for England-US
By ROB HARRIS AP Global Soccer Writer FIFA has received 3 million ticket requests for the World Cup final in Qatar and high demand to attend some of…
Continue Reading Bank of England raises key rate to highest level in 13 years
LONDON (AP) — The Bank of England has raised its key interest rate to the highest level in 13 years. It comes as policymakers around the world…
Continue Reading Inflation in Turkey soars to eye-popping near 70% in April
ANKARA, Turkey (AP) — Official data show that inflation in Turkey has soared to nearly 70% in April, as skyrocketing prices eat away at earnings…
Continue Reading A 13-year-old girl told the police she had been gang-raped. Then a police officer allegedly raped her
By Esha Mitra and Rhea Mogul, CNN A 13-year-old girl who was allegedly gang-raped by four men in India, was allegedly raped again by a police officer…
Continue Reading China’s economy is going backwards
By Laura He, CNN Business China’s gigantic services sector just contracted at the second sharpest pace on record as Covid lockdowns hit…
Continue Reading Wall Street is fed up with Under Armour, Nike and Adidas
CNN, CNN BUSINESS By Nathaniel Meyersohn, CNN Business Tripped-up supply chains and a coronavirus surge in China are causing headaches for top…
Continue Reading OPEC+ opens oil taps gradually as Russian war roils markets
LONDON (AP) — OPEC and allied oil-producing countries are gradually increasing the amount of crude they send to the world. That decision Thursday…
Continue Reading $6.5 billion raised at donors’ conference for Ukraine
By VANESSA GERA Associated Press WARSAW, Poland (AP) — War-ravaged Ukraine has received pledges for $6.5 billion more in humanitarian aid at an…
Continue Reading The AP Interview: Belarus admits Russia’s war ‘drags on’
By IAN PHILLIPS Associated Press MINSK, Belarus (AP) — Belarus’ authoritarian President Alexander Lukashenko is defending Russia’s invasion of…
Continue Reading Carmaker Stellantis says 1Q revenues rose, low Russia risk
MILAN (AP) — Carmaker Stellantis on Thursday reported higher first-quarter revenues despite lower deliveries, with no significant impact from the…
Continue Reading Europeans weigh costs of cutting Russian energy over Ukraine
By COLLEEN BARRY, VESELIN TOSHKOV and JUSTIN SPIKE Associated Press MILAN (AP) — Rising energy prices in Europe are testing the resolve of those…
Continue Reading New Zealand on verge of wiping out painful cattle disease
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand is on the verge of eradicating a painful bacterial disease from its herd…
Continue Reading Asian stocks follow Wall St down as rate hike worries grow
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stocks have followed Wall Street lower as fears spread that U.S. interest rate hikes to…
Continue Reading SpaceX’s jam-packed schedule continues with another astronaut return
By Jackie Wattles, CNN Business Three NASA astronauts and a European astronaut are returning home from the International Space Station, capping off…
Continue Reading Telecom groups end fight against California net neutrality
SACRAMENTO, Calif. (AP) — Telecommunications industry groups have ended their bid to block California’s net neutrality law that prevents…
Continue Reading ‘Seemed like goodbye’: Mariupol defenders make their stand
By JON GAMBRELL and CARA ANNA Associated Press LVIV, Ukraine (AP) — Ukrainian fighters at Mariupol’s pulverized steel plant are holding out…
Continue Reading Rising interest rates in US will hinder foreign economies
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact…
Continue Reading New York City pension funds sue Activision Blizzard, seeking records on CEO Bobby Kotick
By Brian Fung, CNN New York City pension fund officials sued Activision Blizzard late last month in a bid to force the company to disclose records…
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