Spirit Airlines, Microsoft fall; Tilray, Landstar rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Spirit Airlines, Microsoft fall; Tilray, Landstar…
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How major US stock indexes fared Wednesday
The Associated Press Stocks fell and bond yields rose on Wall Street Wednesday after details from last month’s Federal Reserve meeting showed the…
Continue Reading Supreme Court reinstates Trump-era water rule for now
By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court has reinstated for now a Trump-era rule that curtails the power of states…
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Elon Musk made another $1 billion from his Twitter stake. As if he needs it
By Chris Isidore, CNN Business Elon Musk has gotten a lot of attention from buying a 9.1% stake in Twitter, along with landing a seat on the…
Continue Reading The Fed is ready to move faster on interest rates
By Anneken Tappe, CNN Business The Federal Reserve is ready to raise interest rates at a faster pace to get a handle on America’s pervasive…
Continue Reading EXPLAINER: A look at West’s escalating sanctions on Russia
By The Associated Press Associated Press The United States and allies are again escalating sanctions against Russia after evidence that Russian…
Continue Reading EXPLAINER: Biden extends student loan freeze through August
By COLLIN BINKLEY AP Education Writer The Biden administration has announced that federal student loan payments will remain paused through Aug. 31,…
Continue Reading US oil tumbles below $100 a barrel after Western countries plan emergency oil release
By David Goldman, CNN Business The West is tapping more of its emergency oil reserves to help wean itself off Russian crude. The International Energy…
Continue Reading Bank earnings signal dark clouds on the horizon
CNN By Nicole Goodkind, CNN Business Wall Street’s biggest players have had a rough start to the year. All of the biggest US banks saw profits…
Continue Reading Fed signals more aggressive steps to fight inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials are signaling that they will take a more aggressive approach…
Continue Reading Democrats accuse oil companies of ‘rip off’ on gas prices
By MATTHEW DALY Associated Press WASHINGTON (AP) — House Democrats are accusing oil companies of “ripping off the American people” and putting…
Continue Reading Russia to pay bonds in rubles, which may cause default
By KEN SWEET AP Business Writer NEW YORK (AP) — Russia says it made a debt payment in rubles this week, a move that may not be accepted by…
Continue Reading ‘Dr. Strange’ is a big test for how theaters will fare this summer
By Frank Pallotta, CNN Business Covid is in a lull in the United States: Masks are often an afterthought, people are going out again and some of the…
Continue Reading H&M says you can compost its new line of baby clothes
By Parija Kavilanz, CNN Business H&M is coming out with a new line of baby clothes that can be recycled in an unexpected way once they’re…
Continue Reading Wind energy company kills 150 eagles in US, pleads guilty
By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — A subsidiary of one of the largest U.S. wind energy companies has been sentenced to…
Continue Reading Germany seeks to boost renewable energy, cut Russian imports
By FRANK JORDANS Associated Press BERLIN (AP) — The German government has presented a major package of reforms to boost the construction of…
Continue Reading Judge orders owner to demolish Packard plant in Detroit
By COREY WILLIAMS Associated Press DETROIT (AP) — A judge has ordered the demolition of the deteriorating Packard auto plant in Detroit, finding…
Continue Reading Lawmaker blasts Big Oil CEOs at hearing: ‘You are ripping off the American people’
By Matt Egan, CNN Business Leading oil company CEOs declined on Wednesday to endorse a call from Democrats to reduce dividends and share buybacks and…
Continue Reading Oil prices tumble as economies show signs of strain
CNN, CNN BUSINESS By David Goldman, CNN Business Oil prices may have met their match — for now, at least. Crude futures are tumbling yet again,…
Continue Reading US pushes Russia to the brink of default
By David Goldman, CNN Business Russia is in imminent danger of default after the United States cut off the country’s ability to pay its debt…
Continue Reading Pinterest bans misinformation about climate change
By Clare Duffy, CNN Business Pinterest on Wednesday announced a new policy prohibiting users from sharing climate misinformation on its platform,…
Continue Reading US experts wrestle with how to update COVID-19 vaccines
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Vaccine experts are grappling with how to formulate a U.S. strategy for future COVID-19…
Continue Reading Chanel restricts sales to Russians abroad amid Ukraine war
By THOMAS ADAMSON Associated Press PARIS (AP) — Luxury fashion brand Chanel says it will stop selling its clothes, perfumes and other luxury goods…
Continue Reading Nursing home care, funding system need overhaul, report says
By MATT SEDENSKY AP National Writer NEW YORK (AP) — A major report says American nursing home residents are subjected to ineffective care and poor…
Continue Reading Short sellers are starting to bet against America’s economy
By Paul R. La Monica, CNN Business It’s looking awful gloomy out there on Wall Street. Traders are making big bets against retailers as…
Continue Reading What to know about Axiom Space, the company behind the first all-private mission to the ISS
Catherine Thorbecke, CNN Business In a historic first, a crew of four civilians are set to launch to the International Space Station this week as…
Continue Reading Yellen: Russia’s invasion will have ‘enormous repercussions’
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen has told a House panel that Russia’s actions in Eastern…
Continue Reading Big changes are coming to your 401(k). Here’s what you need to know
By Nicole Goodkind, CNN Business The United States is on the brink of a retirement crisis. The primary savings tool for Americans — your 401(k)…
Continue Reading US charges Russian oligarch, dismantles cybercrime operation
By ERIC TUCKER and MICHAEL BALSAMO Associated Press WASHINGTON (AP) — The Justice Department has charged a Russian oligarch with sanctions…
Continue Reading Janet Yellen warns of ‘enormous’ economic repercussions from war in Ukraine
By Anneken Tappe and Matt Egan, CNN Business US Treasury Secretary Janet Yellen warned Wednesday about the economic shock waves set off by the war in…
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