Is NYC ready to move on from COVID? Depends on who you ask
By BOBBY CAINA CALVAN and DEEPTI HAJELA Associated Press NEW YORK (AP) — An important milestone in New York City’s progress against COVID-19…
Continue ReadingBiz/Tech
How to help Ukrainians affected by Russian invasion
By HALELUYA HADERO AP Business Writer Amid the conflict triggered in Ukraine by the Russian invasion, many aid organizations are raising funds to…
Continue Reading Fed’s Powell: Russia’s war on Ukraine will worsen inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned that Russia’s invasion of Ukraine, which…
Continue Reading
Oil price shocks cause recessions. Will this one do the same?
By Paul R. La Monica, CNN Business Crude oil prices briefly surged to their highest levels since 2008 Thursday morning before pulling back a bit.…
Continue Reading Musk invites auto union to hold organizing vote at factory
DETROIT (AP) — Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Tesla’s factory in Fremont, California. On…
Continue Reading Oil prices touch highest level since September 2008, when Lehman Brothers collapsed
By Matt Egan US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia’s…
Continue Reading Russian oil isn’t sanctioned, but nobody wants to touch it anyway
By Matt Egan, CNN Business The war in Ukraine is raging. The oil market is panicking. Russian oil has not been directly targeted by the West’s…
Continue Reading Russian oil isn’t sanctioned, but nobody wants to touch it anyway
CNN By Matt Egan, CNN Business The war in Ukraine is raging. The oil market is panicking. Russian oil has not been directly targeted by the…
Continue Reading Ukraine’s request to cut off Russia from the global internet has been rejected
By Brian Fung, CNN Business The international non-profit that coordinates management of the internet told Ukraine it will not intervene in the…
Continue Reading Elon Musk challenges the UAW to unionize Tesla
By Chris Isidore, CNN Business Tesla CEO Elon Musk, a vocal critic of unions and the United Auto Workers’ efforts to organize his employees, is…
Continue Reading Purdue Pharma, US states agree to new opioid settlement
By GEOFF MULVIHILL and JOHN SEEWER Associated Press OxyContin maker Purdue Pharma has reached a nationwide settlement over its role in the opioid…
Continue Reading Liquor stores and supermarkets ditch Russian vodka. Importers say boycotts won’t punish Putin
By Jordan Valinsky, CNN Business Russian-made vodka brands face intense backlash, with calls for boycotts spreading this week to about a dozen US…
Continue Reading Rebel gunmen kill 8 technicians in Indonesia’s restive Papua
By ALFIAN KARTONO Associated Press JAYAPURA, Indonesia (AP) — Indonesian authorities and Papua rebels say separatists killed eight technicians…
Continue Reading How Russia’s invasion of Ukraine changed the global economy in a week
By Charles Riley, CNN Business A week of war in Ukraine has rocked the global economy, as quick-fire Western sanctions isolated Russia, collapsed its…
Continue Reading Conflict in Ukraine pushes mortgage rates lower
By Anna Bahney, CNN Business Russia’s invasion of Ukraine helped send mortgage rates lower last week. This is the second week in a row rates…
Continue Reading Long-term US mortgage rates fall this week to 3.76%
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week and remain at historically low levels, just…
Continue Reading Sri Lankan ministers sacked for criticizing economic policy
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president has dismissed two more Cabinet ministers after they publicly…
Continue Reading Economists expect a strong jobs report Friday. What if they’re wrong again?
By Anneken Tappe, CNN Business Forecasting the pace of the recovery has been tough, and many economists have got their predictions very wrong over…
Continue Reading Twitter expands Birdwatch, its crowdsourced fact check pilot
By BARBARA ORTUTAY AP Technology Writer Twitter is expanding Birdwatch, its crowd-sourced fact checking project it started as a small and…
Continue Reading Wheat, corn prices surge amid Russia’s invasion of Ukraine
By DAMIAN J. TROISE AP Business Writer Consumers facing higher prices for products made with corn and wheat could be in for more pain as global…
Continue Reading EU clears Moderna shot for young kids, Pfizer boosters
AMSTERDAM (AP) — The European Medicines Agency said it has authorized Moderna’s coronavirus vaccine for children aged six to 11, in addition to…
Continue Reading Best Buy reports Q4 sales miss hurt by supply chain clogs
By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Best Buy reported a shortfall in sales for the holiday quarter as the nation’s…
Continue Reading Fewer Americans apply for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week reflecting a low level of layoffs…
Continue Reading Why many businesses are getting tougher on Russia than sanctions require
By Chris Isidore, CNN Business Governments aren’t alone in turning the screws on the Russian economy. Dozens of major multinational companies…
Continue Reading Banks scramble to figure out how much they’ll lose if Russia’s economy implodes
By Julia Horowitz, CNN Business Russia’s economy is under serious pressure from tough new Western sanctions. That’s forcing financial…
Continue Reading Ikea and H&M close up shop in Russia
By Jordan Valinsky, CNN Business Two major retailers, Ikea and H&M, are temporarily pausing operations in Russia and Belarus because of the…
Continue Reading Tube strike brings 2nd day of travel chaos to Londoners
LONDON (AP) — Londoners are facing travel chaos after around 10,000 transport workers walked off their jobs for the second day this week, leaving…
Continue Reading Russian energy: Europe scrambles to reduce its dependency
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Europe is scrambling to reduce its natural gas dependence on Russia, and it…
Continue Reading Made green upgrades in 2021? Don’t miss these tax credits
By SABRINA PARYS of NerdWallet Many Americans incorporate green practices into their everyday lives, such as recycling, limiting meat consumption and…
Continue Reading Iraq’s Kurdish region rejects ruling imperiling oil sector
By SALAR SALIM and SAMYA KULLAB BAGHDAD (AP) — Iraq’s semi-autonomous Kurdish region has rejected a ruling by the Supreme Court in Baghdad that…
Continue Reading