Greece pledges new state aid to counter rising power bills
ATHENS, Greece (AP) — Greece’s prime minister has promised new state support to shield households from rising electricity costs, saying the…
Continue ReadingBiz/Tech
Biden to crack down on polluters in poor, minority areas
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration has announced a wide-ranging enforcement strategy aimed at holding…
Continue Reading US mortgage rates rise; 30-year at 5.27%, highest since 2009
WASHINGTON (AP) — Average long-term U.S. mortgage rates resumed their ascent this week, as the key 30-year loan reached its highest point since…
Continue Reading Thousands of smartphones purchased by VA went unused
By MICHAEL CASEY Associated Press An inspector general’s report has found that most of the 10,000 smartphones purchased for a U.S. Department of…
Continue Reading
Europe is planning to ditch Russia’s oil. Will it go after its gas?
By Anna Cooban, CNN Business Europe has finally proposed a ban on Russian oil, but has again stopped short of using its most potent weapon —…
Continue Reading Catalan: Spain spy chief admits legally hacking some phones
By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — A leading Catalan separatist politician says that Spain’s top intelligence official has…
Continue Reading COVID coverage for all dries up even as hospital costs rise
By HEATHER HOLLINGSWORTH and RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — For the first time, the U.S. came close to providing health…
Continue Reading US Cyber Command team helps Lithuania protect its networks
WASHINGTON (AP) — The Pentagon’s cyber arm says a team spent months working with officials in Lithuania to help protect government networks there…
Continue Reading Elon Musk says he would reverse Twitter’s Trump ban
CNN, CNN BUSINESS By Brian Fung and Clare Duffy, CNN Elon Musk said Tuesday that he would restore former President Donald Trump’s banned…
Continue Reading Bill Gates doubts Musk’s Twitter buy, says draft SCOTUS decision overturning Roe is ‘pretty disappointing’
By Brian Fung, CNN Bill Gates sounded a note of caution this week on Elon Musk’s $44 billion acquisition of Twitter, saying the Tesla CEO…
Continue Reading The Fed could have trouble avoiding a double-dip recession
By Paul R. La Monica, CNN Business The Federal Reserve finally seems prepared to whip inflation. The last time the Fed faced surging prices like…
Continue Reading
Dow plunges 1,000 points, wiping out Wednesday’s surge
CNN By Nicole Goodkind, CNN Business So much for the good feelings on Wall Street. US markets fell sharply Thursday, eviscerating all of the gains…
Continue Reading The Fed doubters are back
CNN, CNNBUSINESS By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal…
Continue Reading Dollar surges to 2-decade high as investors seek refuge
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — The U.S. dollar’s value surged in April as investors sought refuge amid a growing list of…
Continue Reading Ms. Pac-Man clears path to World Video Game Hall of Fame
ROCHESTER, N.Y. (AP) — The World Video Game Hall of Fame has inducted four more games for their popularity and influence on the industry over time.…
Continue Reading Search histories, location data, text messages: How personal data could be used to enforce anti-abortion laws
CNN By Jennifer Korn and Clare Duffy, CNN Business A wave of new legislation taking aim at abortion rights across the country is raising concerns…
Continue Reading Search histories, location data, text messages: How personal data could be used to enforce anti-abortion laws
By Jennifer Korn and Clare Duffy, CNN Business Update: This story was originally published on May 6. It has been updated to reflect the Supreme…
Continue Reading Search histories, location data, text messages: How personal data could be used to enforce anti-abortion laws
CNN, HLN By Jennifer Korn and Clare Duffy, CNN Business A wave of new legislation taking aim at abortion rights across the country is raising…
Continue Reading US worker productivity fell at the fastest rate in nearly 75 years
By Alicia Wallace, CNN Business US labor productivity tumbled by 7.5% in the first quarter of 2022 — the largest decline in worker output per…
Continue Reading Mortgage rates hit highest level since 2009
By Anna Bahney, CNN Business Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two percentage points higher…
Continue Reading Walgreens, Florida settle opioid costs lawsuit for $683M
By CURT ANDERSON Associated Press ST. PETERSBURG, Fla. (AP) — The Walgreens pharmacy chain has reached a $683 million settlement with the state of…
Continue Reading Small businesses still struggle to find enough workers
By MAE ANDERSON AP Business Writer NEW YORK (AP) — Some small businesses are still struggling to hire qualified workers, even as the broader…
Continue Reading Mortgage rates hit highest level since 2009
CNN, CNNBUSINESS By Anna Bahney, CNN Business Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two…
Continue Reading Harassment is a problem in VR, and it’s likely to get worse
By Rachel Metz, CNN Business If you believe Mark Zuckerberg, the future is virtual. Last year, Meta plowed $10 billion into Facebook Reality Labs,…
Continue Reading As diversity rises, US boards still disproportionately white
By STAN CHOE AP Business Writer NEW YORK (AP) — Following a pressure campaign from outsiders, more companies are disclosing the racial breakdowns…
Continue Reading Here’s what it’s like to have a robot paint your nails for $10
By Rachel Metz, CNN Business On a recent April afternoon I tossed a few things into a basket at Target — cereal, graham crackers, kids’…
Continue Reading Inflation forces Czech central bank to again raise key rate
PRAGUE (AP) — The Czech Republic’s central bank has again raised its key interest rate, to the highest level in 23 years, to continue its fight…
Continue Reading 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…
Continue Reading 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