More Americans apply for jobless benefits; layoffs still low
By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but layoffs remain at historic lows.…
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The Fed’s favorite inflation measure ticked even higher last month
By Anneken Tappe, CNN Business America’s inflation problem didn’t abate in February, as another key price measure rose to a 40-year high.…
Continue Reading Biden’s oil reserve plan only covers a third of Russia’s shortfall
By Julia Horowitz, CNN Business Oil prices are pulling back sharply as investors gear up for the White House to potentially unleash a record amount…
Continue Reading Frankfurt Airport owner sells stake in China’s Xi’an Airport
BERLIN (AP) — The operator of Frankfurt Airport says it’s selling its minority stake in China’s Xi’an Airport after failing to expand its…
Continue Reading The next phase of the US jobs recovery has begun
By Anneken Tappe, CNN Business The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost…
Continue Reading Party’s over: Dubai’s monthslong Expo 2020 comes to a close
By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — The pandemic-delayed Expo 2020 in Dubai is closing. It’s a comedown from…
Continue Reading Blue Origin successfully completes fourth space tourism mission
By Jackie Wattles, CNN Business Jeff Bezos’ Blue Origin just launched its fourth successful space tourism mission, putting yet another feather…
Continue Reading Pandemic propels Walgreens in 2Q but impact expected to fade
By TOM MURPHY AP Health Writer A surge in demand for COVID-19 tests and vaccines helped Walgreens deliver a better second quarter than Wall Street…
Continue Reading Blue Origin successfully completes fourth space tourism mission
CNN, CNN BUSINESS By Jackie Wattles, CNN Business Jeff Bezos’ Blue Origin just launched its fourth successful space tourism mission, putting…
Continue Reading Amazon announces huge rocket deal to launch its satellite internet constellation
CNN By Jackie Wattles, CNN Business Amazon is moving its business into the exosphere, with plans to deploy more than 3,000 satellites to beam…
Continue Reading In Your Debt: Forget the Fed, pay off your credit card debt
By SARA RATHNER of NerdWallet When the Federal Reserve announces that it’s raising interest rates, it’s all over the news. And unlike other kinds…
Continue Reading America’s home builders are getting squeezed by the war in Ukraine. Here’s how
By Alicia Wallace, CNN Business For the past few years, developer and home builder Estridge Homes could bank on the price quotes it received for…
Continue Reading Putin’s plan to prop up the ruble is working. For now
By Charles Riley, CNN Business The barrage of sanctions imposed by the West following Russia’s invasion of Ukraine decimated the ruble. But one…
Continue Reading Putin’s plan to prop up the ruble is working. For now
CNN By Charles Riley, CNN Business The barrage of sanctions imposed by the West following Russia’s invasion of Ukraine decimated the ruble. But…
Continue Reading Protests demand Sri Lanka leader resign over economic crisis
By KRISHAN FRANCIS Associated Press MIRIHANA, Sri Lanka (AP) — Police fired tear gas and a water cannon at thousands of protesters outside the home…
Continue Reading Here’s when you’ll get some relief from high energy prices
By Matt Egan, CNN Business Oil prices will probably stay near triple-digits and could even spike to $150 a barrel if the war in Ukraine severely…
Continue Reading China reopens 1 city as Shanghai lockdown enters 2nd phase
By KEN MORITSUGU Associated Press BEIJING (AP) — Residents of eastern Shanghai hoping to emerge from a four-day lockdown have received bad news.…
Continue Reading OPEC sticks to modest boost in oil despite war jitters
LONDON (AP) — OPEC and allied oil producers including Russia have decided to stick to a modest increase in the amount of crude it pumps to the…
Continue Reading Fed’s rate hikes threaten its goal of narrowing racial gaps
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — America’s hiring boom of the past year has narrowed racial disparities in…
Continue Reading Asian shares slip as Japan ‘tankan’ shows weaker outlook
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares have mostly fallen as a resurgence of Russian attacks dashed hopes for any quick end…
Continue Reading Seafood biz braces for losses of jobs, fish due to sanctions
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — The global seafood industry is preparing for major disruption due to new sanctions on…
Continue Reading China manufacturing weakens as anti-virus controls tighten
BEIJING (AP) — An official survey shows China’s manufacturing activity fell to a five-month low in March after most of Shanghai and two smaller…
Continue Reading Biden oil move aims to cut gas prices ‘fairly significantly’
By ZEKE MILLER and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is ordering the release of 1 million barrels of oil per day…
Continue Reading Amazon staff reject union in Alabama, lean toward it in NYC
By HALELUYA HADERO and ANNE D’INNOCENZIO AP Business Writers NEW YORK (AP) — Amazon workers in Alabama appear to have rejected a union bid in…
Continue Reading COVID pandemic’s end may bring turbulence for US health care
By RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — When the end of the COVID-19 pandemic comes, it could create major disruptions for a…
Continue Reading China holds espionage trial of Chinese Australian journalist
BEIJING (AP) — Chinese Australian journalist Cheng Lei went on trial Thursday on espionage charges, with diplomats denied permission to attend.…
Continue Reading Biden planning to tap oil reserve to control gas prices
By ZEKE MILLER and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is preparing to order the release of up to 1 million barrels of…
Continue Reading Native Hawaiian hula teacher will appear on US quarters
Associated Press HONOLULU (AP) — The late Native Hawaiian hula teacher Edith Kanaka’ole is among five women who will be individually featured on…
Continue Reading US approves bison grazing on Montana prairie amid criticism
By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — U.S. officials have approved a conservation group’s proposal to expand bison grazing on…
Continue Reading Signs of a housing bubble are brewing
By Anna Bahney, CNN Business US home prices have soared to new heights and keep on climbing, and now some researchers and economists are saying they…
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