Mortgage rates continue to climb
By Anna Bahney, CNN Business Mortgage rates moved higher this week, continuing an upward trend that has kept rates above 5% since mid-April. The…
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Mercedes tells owners of 292K vehicles to stop driving them
DETROIT (AP) — Mercedes-Benz is telling the owners of more than 292,000 vehicles in the U.S. to stop driving them because the brakes could fail.…
Continue Reading Report: Trump officials, meat companies knew workers at risk
By JOSH FUNK Associated Press OMAHA, Neb. (AP) — A new congressional report says that in the first year of the coronavirus pandemic, the meat…
Continue Reading Wickremesinghe chosen Sri Lanka PM in effort to quell crisis
By KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Five-time former Sri Lankan Prime Minister Ranil…
Continue Reading Not all recessions are the same. Here’s what could happen to the economy and markets
By Nicole Goodkind, CNN Business Economists, CEOs, Wall Street and Main Street are sounding the recession alarm bell. Most agree a recession could…
Continue Reading 4 reasons the economy looks like it’s crumbling — and what to do about it
CNN, CNN BUSINESS By David Goldman, CNN Business The American economy is super weird right now. Pretty much anyone who wants a job can have one. The…
Continue Reading South African firm says it may close its COVID vaccine plant
By ANDREW MELDRUM and MARIA CHENG Associated Press JOHANNESBURG (AP) — The first factory to produce COVID-19 vaccines in Africa has announced that…
Continue Reading Bonds, haven for elderly and cautious, are getting torched
By STAN CHOE AP Business Writer NEW YORK (AP) — Bonds are supposed to be the safe part of any nest egg, but they’re on pace for one of the…
Continue Reading Why this obscure corner of the crypto world has investors in a panic
By Allison Morrow, CNN Business Within the often head-scratching world of cryptocurrencies, there’s a small but growing sub-species known as…
Continue Reading Myanmar to resume issuing tourist visas after 2-year hiatus
BANGKOK (AP) — Myanmar has announced it will resume issuing visas for visitors in an effort to help its moribund tourism industry, devastated by…
Continue Reading Opinion: No more union-busting. It’s time for companies to give their workers what they deserve
Opinion by Jennifer Sherer for CNN Business Perspectives This year, workers at Amazon, Starbucks and other major corporations are winning a wave of…
Continue Reading Federal appeals court restores Texas’s social media censorship law
CNN By Brian Fung, CNN A federal appeals court will allow Texas’s new social media law to take effect after striking down a preliminary…
Continue Reading Federal appeals court restores Texas’s social media censorship law
By Brian Fung, CNN A federal appeals court will allow Texas’s new social media law to take effect after striking down a preliminary injunction…
Continue Reading Slightly more Americans seek jobless aid last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for jobless aid ticked up slightly last week but the total number…
Continue Reading US producer prices surge 11% in April as food prices jump
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that…
Continue Reading Another key inflation measure slowed in April
By Anneken Tappe, CNN Business Economists and investors are hopeful that we’re past the pandemic inflation peak, as another key price index…
Continue Reading Panic in the crypto market has Janet Yellen’s attention
By Julia Horowitz, CNN Business Investors in stocks, bonds and commodities are all on edge right now. But in the market for cryptocurrencies, unease…
Continue Reading Robinhood soars after 30-year old crypto billionaire takes stake
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business It’s been a brutal year for Robinhood. The twin plunges of stocks and bitcoin have crushed…
Continue Reading UK warns ‘no choice but to act’ to change Brexit deal
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s foreign secretary warned the European Union on Thursday that the U.K. will have “no…
Continue Reading These researchers came up with a solution for one of VR’s biggest issues: tracking your legs
CNN, CNN BUSINESS By Rachel Metz, CNN Business If you’re a newcomer to virtual reality, you’ll notice something odd about your…
Continue Reading These researchers came up with a solution for one of VR’s biggest issues: tracking your legs
By Rachel Metz, CNN Business If you’re a newcomer to virtual reality, you’ll notice something odd about your appearance: Depending on the…
Continue Reading Las Vegas casino owner surprises 5,000 employees with $5,000 bonuses
By Jordan Valinsky, CNN Business The Cosmopolitan of Las Vegas surprised its more than 5,000 employees on Wednesday with a one-time $5,000 bonus. The…
Continue Reading Russian minister imprisoned for oil-related bribery released
The highest-ranking Russian official to go to prison in nearly two decades has been released after serving more than half of an eight-year sentence…
Continue Reading Greece to extend base access deal with US military
ATHENS, Greece (AP) — Greece says it’s extending a bilateral military agreement with the United States for five years. Officials from…
Continue Reading 4 ways to protect your small business from cyberattacks
By RANDA KRISS of NerdWallet Compared with larger companies, many small businesses have fewer resources to dedicate to cybersecurity, leaving them…
Continue Reading Travel is back: Dubai airport logs busiest quarter in years
By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Dubai International Airport, the world’s busiest for international travel,…
Continue Reading FIFA takes on EA Sports video game in soccer’s new rivalry
By ROB HARRIS AP Global Soccer Writer LONDON (AP) — The name “FIFA” can bring to mind images of the World Cup and soccer’s greatest players.…
Continue Reading EXPLAINER: Why Finland, Sweden joining NATO will be big deal
By LORNE COOK Associated Press BRUSSELS (AP) — Finland appears on the cusp of joining NATO. Sweden could follow suit. By year’s end, they…
Continue Reading Sweden sees highest inflation rate since 1991
COPENHAGEN, Denmark (AP) — Inflation in Sweden increased last month to its highest level since 1991. Official figures from Statistics Sweden…
Continue Reading WHO: COVID-19 falling everywhere, except Americas and Africa
GENEVA (AP) — The World Health Organization says the number of new coronavirus cases reported worldwide has continued to fall except in the…
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