The Fed is targeting a soft landing. Getting it wrong means recession
CNN, CNNBUSINESS By Charles Riley, CNN Business Jerome Powell is trying to hike interest rates without damaging the economy. Getting it wrong means…
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Elizabeth Holmes’ ex-lover, business partner faces own trial
By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — Ramesh “Sunny” Balwani, the jilted lover and business partner of former…
Continue Reading Evergreen container ship runs aground in Chesapeake Bay nearly a year after Suez Canal blockage
By Rebekah Riess, CNN Business The U.S. Coast Guard is working on a plan to safely refloat a 1,095-foot container ship operated by Evergreen Marine…
Continue Reading WHO: Evaluation of Russia’s COVID shot has been postponed
GENEVA (AP) — The World Health Organization says its evaluation of Russia’s coronavirus vaccine, Sputnik V, has been postponed for the time being…
Continue Reading Big batch of solar energy projects approved in Virginia
RICHMOND, Va. (AP) — Dominion Energy has received regulatory approval in Virginia for a series of solar projects expected to generate enough power…
Continue Reading Lake Powell hits historic low, raising hydropower concerns
By SAM METZ and FELICIA FONSECA Associated Press SALT LAKE CITY (AP) — A critical Colorado River reservoir has fallen to a record low level,…
Continue Reading Disney workers plan walkout to protest ‘Don’t Say Gay’ bill
By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) — Disney workers are planning walkouts during their breaks every day this week to protest CEO…
Continue Reading Fox correspondent Benjamin Hall has left Ukraine after suffering injuries from deadly attack
By Brian Stelter and Oliver Darcy, CNN Business Fox News correspondent Benjamin Hall, who was severely injured while reporting outside Kyiv on…
Continue Reading Germany keeping watch on oil firms amid recent price swings
BERLIN (AP) — German antitrust officials say they are closely watching oil market developments to determine whether the falling price for crude…
Continue Reading Chicago Cubs owners launching bid to buy EPL club Chelsea
By ROB HARRIS AP Global Soccer Writer LONDON (AP) — The ownership of the Chicago Cubs says it will make a bid to buy Premier League club Chelsea.…
Continue Reading How to cushion the financial hit from sky-high gas prices
By TOM KRISHER AP Auto Writer DETROIT (AP) — Any motorist who has filled up lately could be forgiven for wincing in disbelief. Fueled largely by…
Continue Reading Russia could lose 30% of its oil output within weeks, IEA warns
By Charles Riley, CNN Business Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest…
Continue Reading Instagram is rolling out new parental supervision tools
CNN, INSTAGRAM By Rachel Metz, CNN Business Instagram is rolling out new tools that parents can use to help monitor and limit their kids’ usage…
Continue Reading Instagram is rolling out new parental supervision tools
By Rachel Metz, CNN Business Instagram is rolling out new tools that parents can use to help monitor and limit their kids’ usage of the…
Continue Reading US retail spending slows as inflation starts to bite
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — After beginning the year in a buying mood, Americans slowed their spending in February…
Continue Reading Biden demands faster drop in gas prices as oil tumbles
By Matt Egan, CNN Business President Joe Biden is using his bully pulpit to call out the tendency for gasoline prices to go up like a rocket when oil…
Continue Reading Warren Buffett’s Berkshire Hathaway is making a huge bet on this oil company
CNN By Paul R. La Monica, CNN Business The Oracle of Omaha is making an even bigger bet on a major oil company as crude prices continue to surge.…
Continue Reading Wall Street eyes Fed interest rate hike
By Anneken Tappe, CNN Business The Federal Reserve will likely hike interest rates on Wednesday, marking the end of the ultra-low rate environment…
Continue Reading Russia says it made a payment to avoid default
CNN, CNNBUSINESS By David Goldman, CNN Business Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to…
Continue Reading 4 things Russia could do as default looms
By Julia Horowitz, CNN Business Harsh sanctions against Russia following its invasion of Ukraine are fueling a moment of deep uncertainty for…
Continue Reading Howard Schultz returns to Starbucks as interim CEO
By Danielle Wiener-Bronner, CNN Business Starbucks CEO Kevin Johnson will step down on April 4 after five years at the helm of the company, Starbucks…
Continue Reading Howard Schultz returns to lead Starbucks on interim basis
By DEE-ANN DURBIN AP Business Writer Longtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis after the coffee…
Continue Reading London nickel trading suspended again after brief resumption
LONDON (AP) — Nickel trading in London has been suspended shortly after it resumed following a weeklong halt as the exchange investigated a glitch.…
Continue Reading Chinese stocks have best day in years as Beijing promises to boost economy
By Laura He, CNN Business Chinese stocks had their best day in years Wednesday as Beijing promised measures to “substantially” boost…
Continue Reading Japan to fully lift COVID-19 restrictions as infections slow
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s Prime Minister Fumio Kishida has announced plans to fully lift coronavirus restrictions…
Continue Reading How home improvement funds upgrade your new house to a home
By ANNIE MILLERBERND of NerdWallet If you’re getting ready to buy a home, you’ve probably been saving for the down payment and other closing…
Continue Reading UK’s Johnson in UAE, Saudi Arabia to press for more oil
By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — British Prime Minister Boris Johnson has met with the de facto rulers of the…
Continue Reading EXPLAINER: What would a Russian bond default mean?
By The Associated Press Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with…
Continue Reading Edmunds: What actions can void your new car warranty?
By RONALD MONTOYA Edmunds A new car warranty is a contract between the automaker and the vehicle owner. But if the owner doesn’t hold up his or her…
Continue Reading Vietnam drops COVID-19 restrictions for foreign visitors
By HAU DINH Associated Press HANOI, Vietnam (AP) — Vietnam has scrapped quarantine and other travel restrictions for foreign visitors in an effort…
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