Japanese e-vehicle battery company to build Kentucky plant
By BRUCE SCHREINER Associated Press FRANKFORT, Ky. (AP) — Kentucky’s governor says a Japanese battery technology company will build a $2…
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Bed Bath & Beyond snared by ongoing supply issues
By MICHELLE CHAPMAN AP Business Writer Inventory difficulties hurt Bed Bath & Beyond during its fiscal fourth quarter and will continue into the…
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Yellen: Russia-Ukraine war is reshaping global economy
By Alicia Wallace and Matt Egan, CNN Russia’s war in Ukraine has “redrawn the contours” of the global economy, stoking concerns of…
Continue Reading Producer prices surge 11.2% in March on higher energy costs
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year…
Continue Reading Numerous challenges for homebuyers this spring season
Associated Press While demand for homes has remained red hot, market conditions have slowed the pace of sales nationally compared with a year ago.…
Continue Reading Why it’s so hard to buy a home right now
By Anna Bahney, CNN Business Home prices have skyrocketed by nearly 20% over the last year and mortgage rates have risen faster over the past three…
Continue Reading US home prices are rising so fast, property taxes can’t keep up
CNN By Anna Bahney, CNN Business With home prices skyrocketing by double-digit percentages over the last year, it would be no surprise if property…
Continue Reading Homebuyers stymied by fewer homes, high prices, rising rates
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — America’s housing market has grown increasingly frenzied, and prices are out of reach for…
Continue Reading Opinion: The Fed’s balancing act is about to get a lot harder
Opinion by Mark Zandi for CNN Business Perspectives Ever since Russia invaded Ukraine, oil and other commodity prices have surged and recession risks…
Continue Reading Lots of broadband money, but US expansion finds speed bumps
By WILSON RING and MARK GILLISPIE Associated Press VICTORY, Vt. (AP) — Tens of billions of dollars in federal money to improve broadband internet…
Continue Reading Steve Pagliuca’s bid for Chelsea adds more sports executives
By ROB HARRIS AP Global Soccer Writer The bid for Chelsea launched by Boston Celtics co-owner Steve Pagliuca has added Canadian sports tycoon Larry…
Continue Reading Texas keeping most truck inspections despite border gridlock
By PAUL J. WEBER and ACACIA CORONADO Associated Press AUSTIN, Texas (AP) — Texas Gov. Greg Abbott says he will continue truck inspections that have…
Continue Reading Yellen says China should urge Russia to end its Ukraine war
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen is urging China to use its “special relationship with…
Continue Reading This key inflation measure just saw its biggest gain on record
By Anneken Tappe, CNN Business US inflation kept moving higher in March and the Producer Price Index is the latest data point showing the price…
Continue Reading JPMorgan kicks off earnings season with bad news
By Nicole Goodkind, CNN Business JPMorgan Chase kicked off earnings season Wednesday with some bad news: First-quarter profit fell 42% from a year…
Continue Reading Germany faces $240 billion hit if Russian gas is cut off
By Anna Cooban, CNN Business Germany would plunge into a deep recession if its supply of Russian natural gas was suddenly shut off, the…
Continue Reading JPMorgan profits drop 42%, bank writes down Russian assets
By KEN SWEET AP Business Writer NEW YORK (AP) — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the…
Continue Reading Delta says hiking fares can help it turn a profit as fuel costs surge
By Chris Isidore, CNN Business Travel is booming, and Delta Air Lines boosted ticket prices. That helped the company weather higher fuel costs in the…
Continue Reading Can Wall Street and labor unions learn to get along?
By Nicole Goodkind, CNN Business Wall Street and private businesses have funneled millions of dollars into anti-union tactics and lobbying, and…
Continue Reading Edmunds: 2022 Subaru BRZ vs. 2022 Mazda MX-5 Miata RF
By MICHAEL CANTU Edmunds The 2022 Subaru BRZ has been completely redesigned with more power, sleeker looks and improved handling. But is it better…
Continue Reading 3 reasons Shanghai’s lockdown matters to the global economy
By Laura He, CNN Business China is struggling to contain an outbreak of Covid-19 in Shanghai despite a 17-day lockdown that is keeping most of its 25…
Continue Reading How to make summer 2022 travel plans that actually happen
By SAM KEMMIS of NerdWallet For another year, summer travel plans are up in the air even as more people are ready to take to the skies. Summer…
Continue Reading Delta loses $940 million in Q1, but bookings, revenue, surge
By DAVID KOENIG AP Airlines Writer Delta Air Lines lost $940 million in the first quarter yet bookings surged in recent weeks, setting up a breakout…
Continue Reading Sri Lanka’s prime minister offers to meet with protesters
By KRISHAN FRANCIS and ERANGA JAYAWARDENA Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister is offering to meet with…
Continue Reading Spain police bust hemp plantation allegedly aimed at CBD
MADRID (AP) — Spanish police have confiscated a huge hemp plantation in the northern province of Navarra and arrested three suspected growers.…
Continue Reading German economists lower growth outlook, see worse if gas cut
BERLIN (AP) — A group of leading economic think tanks has slashed its forecast for growth in Germany this year. They predicted on Wednesday that…
Continue Reading Shanghai releases more from virus observation amid lockdown
BEIJING (AP) — Shanghai says it has released 6,000 more people from medical observation facilities, though the lockdown of most of China’s…
Continue Reading 18 dead in overloaded truck crash in Indonesia’s West Papua
JAKARTA, Indonesia (AP) — An overloaded truck carrying 29 people hit a hillside and overturned near an illegal gold mine in Indonesia’s West…
Continue Reading iPhone supplier Pegatron suspends production at two factories in China
CNN By Michelle Toh, CNN Business One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25…
Continue Reading iPhone supplier Pegatron suspends production at two factories in China
By Michelle Toh, CNN Business One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25 million…
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