Most CEOs say inflation will stay hot until at least mid-2023
By Matt Egan, CNN Business Inflation has vaulted to the top of CEOs’ worry list. More than half (55%) of global CEOs fear pricing pressures…
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COVID-19 pill rollout stymied by shortages as omicron rages
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Two brand-new COVID-19 pills that were supposed to be an important weapon against the…
Continue Reading Why no one has a quick fix for inflation — not even Joe Biden or Jerome Powell
By Chris Isidore and Allison Morrow, CNN Business Inflation isn’t just an economic headache — it’s become a political blame game that…
Continue Reading US average long-term mortgage rates jump; 30-year now 3.45%
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Average long-term U.S. mortgage rates jumped again this past week, reaching their highest…
Continue Reading The NFL returns to ratings dominance
By Frank Pallotta, CNN Business The National Football League bounced back to ratings dominance following a 2020 season that was disrupted by the…
Continue Reading Honda exec: High auto prices may drop, but not dramatically
By TOM KRISHER AP Auto Writer DETROIT (AP) — Honda expects its factories to make more vehicles this year despite a computer chip shortage and…
Continue Reading As the Federal Reserve’s money printer quiets, markets shake
By STAN CHOE AP Business Writer NEW YORK (AP) — The shakiness hitting Wall Street isn’t just because the Federal Reserve’s money printer…
Continue Reading Stellantis hopes to make the best of a delayed electric start, CEO says
By Peter Valdes-Dapena, CNN Business Stellantis, the company formed last year through the merger of Fiat Chrysler Automobiles and France’s PSA…
Continue Reading UK government cuts COVID isolation period to 5 days, from 7
By SYLVIA HUI Associated Press LONDON (AP) — British officials say the self-isolation period for people in England who test positive for COVID-19…
Continue Reading Wholesale prices jumped a record 9.7% in 2021
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual…
Continue Reading U.S. jobless claims rise by 23,000 to 230,000
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to the highest…
Continue Reading Dow drops more than 500 points as bond yields rise and earnings season gets into full swing
CNN, CNNBUSINESS By Anneken Tappe, CNN Business Wall Street had another day in the red at the start of this shortened trading week as investors…
Continue Reading Another key inflation measure hit a record high
By Anneken Tappe, CNN Business A key inflation measure climbed to a record high in 2021, as pandemic price hikes just aren’t going away. The US…
Continue Reading Spain caps sale price of home test kits amid surge in demand
MADRID (AP) — Spain is introducing price controls for COVID-19 home testing kits after an outcry over reports of price-gouging during the Christmas…
Continue Reading Tarnished Gold: Illegal Amazon gold seeps into supply chains
By DAVID BILLER and JOSHUA GOODMAN Associated Press SAO PAULO (AP) — A Sao Paulo-based company called Marsam is known for its commitment to the…
Continue Reading Companies are hoovering up cheap cash while they can
By Julia Horowitz, CNN Business For companies that want to take advantage of historically-low borrowing costs, the clock is ticking. What’s…
Continue Reading Companies are hoovering up cheap cash while they can
CNN, CNNBUSINESS By Julia Horowitz, CNN Business For companies that want to take advantage of historically-low borrowing costs, the clock is ticking.…
Continue Reading New year, same feud: UK-EU resume talks on Brexit trade spat
By JILL LAWLESS Associated Press LONDON (AP) — Top negotiators from Britain and the European Union are meeting in hopes of resolving their a thorny…
Continue Reading Strike paralyzes Lebanon as economic conditions worsen
BEIRUT (AP) — A general strike by public transportation and labor unions has paralyzed Lebanon as the nation suffers through one of the…
Continue Reading Volkswagen falls further behind Tesla in the race to electric
By Charles Riley, CNN Business Volkswagen is falling further behind Tesla in the race to dominate the market for electric cars. Europe’s…
Continue Reading The grocery cashier ringing you up is not OK
By Nathaniel Meyersohn, CNN Business Sam Dancy has witnessed it all during his 30 years at supermarket chain QFC in Seattle. But the Omicron variant…
Continue Reading Delta posts a profit but warns Omicron will mean a loss this quarter
By Chris Isidore, CNN Business A strong holiday travel season helped Delta Air Lines to a better-than-forecast profit in the last three months of…
Continue Reading EU rejects merger of SKorean shipbuilders Daewoo, Hyundai
By RAF CASERT Associated Press BRUSSELS (AP) — The European Union has rejected the merger between South Korean shipbuilders Hyundai and Daewoo.…
Continue Reading 5 reasons why ‘shoulder season’ is the best time to travel
By SALLY FRENCH of NerdWallet Travel in the second half of 2021 was a chaotic mess in many capacities, with canceled flights, long delays and other…
Continue Reading Massive winter storm could keep grocery shelves empty even longer
CNN, KOMO, WJLA, WUSA, KMAX, WSVN, KYW, WCCO By Parija Kavilanz, CNN Business Grocery stores had already been struggling to keep their shelves…
Continue Reading There are plenty of N95 masks, but they’re not designed for your kids
By Parija Kavilanz, CNN Business N95 respirators, the gold standard of filtration masks, are back in the pandemic spotlight because of the highly…
Continue Reading After wave of cancellations, Delta sees recovery in 2022
By DAVID KOENIG AP Airlines Writer Delta Air Lines is reporting a $408 million loss for the final quarter of 2021, dragged down by a COVID-19 surge…
Continue Reading Key dates in Costa Concordia shipwreck, trial and cleanup
By The Associated Press (AP) — Italy on Thursday marks the 10th anniversary of the Costa Concordia cruise ship wreck off the Tuscan island of…
Continue Reading KFC blasted by China for ‘causing unnecessary food waste’
By Michelle Toh and CNN’s Beijing bureau, CNN Business KFC is being accused of causing food waste in China amid recent concerns about food…
Continue Reading EXPLAINER: How Europe is trying to deal with its gas crisis
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Europe’s natural gas crisis isn’t letting up. Prices are high. Reserves that…
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