Saudi Arabia says it deposited $5B in Egypt’s central bank
By SAMY MAGDY Associated Press CAIRO (AP) — Saudi Arabia has announced a $5 billion aid package to cash-strapped Egypt, where the economy is under…
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Biden receives 2nd booster, presses Congress on virus funds
By ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden has gotten a second booster dose of the Pfizer COVID vaccine, and he used the…
Continue Reading US growth in Q4 revised lower to 6.9%, slower growth to come
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October…
Continue Reading EXPLAINER: What would paying for natural gas in rubles mean?
BERLIN (AP) — Russia is demanding payment in rubles for its natural gas exports to Europe. And that is rattling markets already in turmoil because…
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US employers added 455,000 private-sector jobs in March, slightly above forecast
By Anneken Tappe, CNN Business America’s private sector added 455,000 jobs in March, the ADP Employment Report showed Wednesday. That was…
Continue Reading Rent relief helped prevent more than one million evictions in 2021
CNN By Anna Bahney, CNN Business The federal government’s emergency rental assistance program helped prevent more than one million evictions…
Continue Reading EU proposes new rules to discourage disposable fast fashion
By RAF CASERT Associated Press BRUSSELS (AP) — The European Union plans to counter the polluting use of fast fashion and is warning consumers to…
Continue Reading BioNTech’s quarterly profit soars on COVID-19 vaccine demand
BERLIN (AP) — BioNTech has reported another quarter of strong earnings growth. The German pharmaceutical company teamed with Pfizer to develop the…
Continue Reading e.l.f Cosmetics and Dunkin’ launch a makeup collection
By Parija Kavilanz, CNN Business Makeup that smells like your favorite Dunkin’ coffee and donut combo? Really. It’s a thing. TikTok fav…
Continue Reading Do bond investors know something others don’t?
By Julia Horowitz, CNN Business As Wall Street regains its footing following the invasion of Ukraine, stocks have been staging a steady comeback. But…
Continue Reading 4 big expenses you could face in retirement
By KATE ASHFORD of NerdWallet Retirement planning is part savings, part guessing game. How much will you need? While many of your day-to-day expenses…
Continue Reading Edmunds: Should you fix your car or buy new?
By RONALD MONTOYA Edmunds As new and used vehicle transaction prices continue to hit record highs due to a nationwide vehicle shortage, many people…
Continue Reading Russian oil tankers are vanishing off the map
By Matt Egan, CNN Business Russia’s invasion of Ukraine made the country a pariah in the global energy market. Since the war started, a de…
Continue Reading Portugal’s new govt sees EU aid as firing up economic growth
By BARRY HATTON Associated Press LISBON, Portugal (AP) — Members of Portugal’s center-left Socialist Party have been sworn into office for the…
Continue Reading The Great Resignation is taking root around the world
By Julia Horowitz, CNN Business In the past 12 months, a record number of Americans have quit their jobs, and workers around the world have been…
Continue Reading Spanish inflation up 9.8% in March, biggest rise since 1985
MADRID (AP) — Spanish authorities say inflation hit a 37-year high in March, rising to 9.8%. That provisional figure released Wednesday is the…
Continue Reading Number of Ukraine refugees passes worst-case U.N. estimate
By BASSAM HATOUM and JAMEY KEATEN Associated Press MEDYKA, Poland (AP) — The U.N. refugee agency says more than 4 million refugees have fled…
Continue Reading German economic advisers slash 2022 growth forecast to 1.8%
BERLIN (AP) — The German government’s panel of independent economic advisers has slashed its 2022 growth forecast for Europe’s biggest economy…
Continue Reading Wind and solar generated a record 10% of the world’s power in 2021, report shows
Story by Reuters and Angela Dewan, CNN Business The world generated a record 10% of its electricity from wind and solar in 2021 and clean sources…
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Medical information to have ready in case of emergency
Guava Health compiled a list of important medical information to have prepared in case of an…
Continue Reading Germany issues ‘early warning’ of possible gas shortages as Russia threatens supplies
By Mark Thompson, CNN Business Germany issued an “early warning” of possible natural gas shortages on Wednesday over a payments dispute…
Continue Reading New Zealand airline plans to raise $1.5 billion to rebuild
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s flagship airline has announced a plan to raise $1.5 billion to hire…
Continue Reading Indian firefighters battle Delhi landfill blaze as air fills with toxic fumes
By Esha Mitra and Rhea Mogul, CNN Firefighters in India’s capital said Wednesday they are close to extinguishing a fire at a landfill site that…
Continue Reading Germany warns on Russian gas, Poland to end oil imports
By MONIKA SCISLOWSKA and FRANK JORDANS Associated Press BERLIN (AP) — Germany and Austria have activated early warning plans amid concerns that…
Continue Reading Asian stocks fall after Wall St breaks 4-day winning streak
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are lower after Chinese manufacturing weakened and Russian shelling around…
Continue Reading For climate migrants in Bangladesh, town offers new life
By JULHAS ALAM Associated Press MONGLA, Bangladesh (AP) — A Bangladeshi town stands alone to offer new life to thousands of climate migrants.…
Continue Reading California panel OKs reparations limit for slave descendants
By JANIE HAR Associated Press California’s first-in-the-nation task force on reparations has voted to limit state compensation to the descendants…
Continue Reading How China’s TikTok, Facebook influencers push propaganda
By AMANDA SEITZ, ERIC TUCKER and MIKE CATALINI Associated Press WASHINGTON (AP) — China’s state media reporters are positing as travel bloggers…
Continue Reading How China’s TikTok, Facebook influencers push propaganda
By AMANDA SEITZ, ERIC TUCKER and MIKE CATALINI Associated Press WASHINGTON (AP) — Some of China’s state media reporters are identifying as…
Continue Reading EXPLAINER: Why bond yields may be warning of a recession
By STAN CHOE AP Business Writer NEW YORK (AP) — One of the more reliable warning signals for a recession is starting to shine. The “yield…
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