EXPLAINER: What’s behind the baby formula shortage?
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Many parents are hunting for infant formula after a combination of short- and long-term…
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U.S. civil rights enforcers warn employers against biased AI
By MATT O’BRIEN AP Technology Writer The federal government said Thursday that artificial intelligence technology used to screen new job…
Continue Reading US fishing haul fell 10% during first pandemic year
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — America’s commercial fishing industry fell 10% in catch volume and 15% in value during…
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Manhattan rents have never been this expensive
By Anna Bahney, CNN Business Manhattan rents just hit an all-time high — again. For the third straight month, rents have reached new record…
Continue Reading UK withholds security advice over peerage for oligarch’s son
By JILL LAWLESS Associated Press LONDON (AP) — The British government is refusing to reveal whether intelligence agencies expressed concerns about…
Continue Reading Parents swap, sell baby formula as Biden focuses on shortage
By JOSH BOAK and PAT EATON-ROBB Associated Press WASHINGTON (AP) — President Joe Biden is stepping up his administration’s response to a…
Continue Reading Biden cancels offshore oil lease sales in Gulf Coast, Alaska
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration says it is canceling three oil and gas lease sales scheduled in the…
Continue Reading Adidas sports bra ads banned in UK over bare breasts
By Amarachi Orie, CNN Business Adidas advertisements showing photo grids of bare breasts have been banned in the UK by the Advertising Standards…
Continue Reading Spain, Morocco to open land borders next week after 2 years
By ASHIFA KASSAM Associated Press MADRID (AP) — The Spanish government says the land borders between Morocco and Spain’s North African enclaves…
Continue Reading More than $7 trillion has been wiped out from the stock market this year
By Paul R. La Monica, CNN Business Somebody cue the stock market’s park ranger: Bears are having a picnic on Wall Street this year. The…
Continue Reading EU plan aims to help get wheat from Ukraine to the world
By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Commission is proposing to help Ukraine move its critical grain supplies to parts…
Continue Reading Average long-term US mortgage rates edge up to 5.3%
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year…
Continue Reading 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…
Continue Reading 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 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 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 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
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 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 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 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 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…
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