UN experts urge Sweden to stop planned iron-ore mine project
GENEVA (AP) — Two independent U.N. human rights experts are calling on Sweden’s government not to issue a license to industrial backers of a…
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Biden acknowledges inflation causing real stress for Americans: ‘We will make it through this challenge’
By Allie Malloy and Kate Sullivan, CNN President Joe Biden on Thursday acknowledged the stress on American families’ budgets after a key…
Continue Reading Stocks tumble and bond yields climb after worse-than-expected inflation report
By Anneken Tappe, CNN Business The 10-year US Treasury bond yield rose past the 2% mark for the first time since the summer of 2019 Thursday and…
Continue Reading EXPLAINER: Why US inflation is so high, and when it may ease
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Last year, it was a nasty surprise. And it wasn’t supposed to last. But now, inflation has…
Continue Reading Latvia passes long-awaited Holocaust restitution law
By JARI TANNER Associated Press HELSINKI (AP) — Latvia’s parliament has passed a Holocaust restitution bill that includes funding to revitalize…
Continue Reading Elon Musk’s US tax bill: $11 billion. Tesla’s: $0
By Chris Isidore, CNN Business Elon Musk has repeatedly bragged (or, perhaps, complained) that he’ll pay more in federal taxes for 2021 than…
Continue Reading French watchdog says Google Analytics poses data privacy risks
By Reuters Google Analytics, the world’s most widely used web analytics service developed by Alphabet’s Google (GOOG), risks giving U.S.…
Continue Reading Mortgage rates jump again, rising to a level not seen since early 2020
By Anna Bahney, CNN Business Mortgage rates increased again, rising to a level not seen since before the pandemic. The 30-year fixed-rate mortgage…
Continue Reading 3 million plaintiffs seek $1.2B from California health firm
By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — A lawsuit over high health bills filed on behalf of more than 3 million employers and…
Continue Reading Long-term US mortgage rates hit 3.92%, highest since 2019
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped again this week, approaching levels not seen since…
Continue Reading Japan OKs Pfizer COVID-19 oral pills amid surging infections
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan has granted fast-track approval to U.S. drug maker Pfizer Inc.’s COVID-19 pill as the…
Continue Reading US urges Canada to use federal powers to end bridge blockade
By ROB GILLIES and TOM KRISHER Associated Press TORONTO (AP) — The Biden administration urged Prime Minister Justin Trudeau’s government Thursday…
Continue Reading Energy stocks power through broader market’s January slump
By DAMIAN J. TROISE AP Business Writer Energy stocks powered through the broader market’s January slump and are poised to keep rising as long as…
Continue Reading Jobless claims fall again for third straight week
By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits for the third straight week. Jobless claims fell…
Continue Reading America’s annual price increase was worse than economists had forecast
By Anneken Tappe, CNN Business New year, same old high inflation. A key measure of inflation climbed to a near-40-year high last month. Economists…
Continue Reading Czech brewer Budvar hits record output for 2nd pandemic year
PRAGUE (AP) — Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the “Budweiser”…
Continue Reading The labor shortage could lead to a recession next year
CNN, CNNBUSINESS Opinion by Gad Levanon for CNN Business Perspectives Over the past 12 months, US consumer prices rose by 7.5%, the highest rate in…
Continue Reading Wall Street is missing the point
By Julia Horowitz, CNN Business Liz Ann Sonders, the chief investment strategist at Charles Schwab, thinks Wall Street is missing the point on…
Continue Reading France to build 6 nuclear reactors as part of climate goals
BELFORT, France (AP) — President Emmanuel Macron says France plans to build six new nuclear reactors and to extend the life of existing nuclear…
Continue Reading Twitter posts loss for 2021, but stock up on share buyback
SAN FRANCISCO (AP) — Twitter’s stock is rising after it posted strong revenue growth last year and announced a $4 billion share buyback program.…
Continue Reading 60,000 bees stolen from grocery company’s pollinator field
CARLISLE, Pa. (AP) — Nearly 60,000 bees have been stolen from a grocery store company’s field in Pennsylvania. Pennlive.com reports that the bees…
Continue Reading Tesla recalls more vehicles as US agency increases scrutiny
By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla is recalling nearly 579,000 vehicles in the U.S. because a “Boombox” function can play…
Continue Reading Coke sales rise 10% in Q4 as omicron fails to halt demand
By DEE-ANN DURBIN AP Business Writer Coca-Cola posted better-than-expected sales in the fourth quarter as venues like coffee shops and movie theaters…
Continue Reading Hong Kong’s zero-covid approach meets growing frustration
By ALICE FUNG and DAVID RISING Associated Press HONG KONG (AP) — Hong Kong residents are growing increasingly frustrated with ever tighter…
Continue Reading How supply chain issues are crushing hotels — and your stay
By SALLY FRENCH of NerdWallet For many, supply chain issues mean that you didn’t get your kid the exact toy they wanted or that your favorite spice…
Continue Reading Boris Johnson’s woes overshadow trip to ease Ukraine crisis
By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson hasn’t been able to escape his domestic woes during a…
Continue Reading Hyundai triggers diplomatic spat over Kashmir
By Diksha Madhok and Sophia Saifi, CNN Business South Korean automaker Hyundai faced controversy this week in India, sparking diplomatic tensions…
Continue Reading Most CEOs say rate hikes won’t quickly solve inflation crisis
By Matt Egan, CNN Business The Federal Reserve has expressed confidence inflation will get under control soon. Business leaders are not so sure.…
Continue Reading States get go-ahead to build electric car charging stations
By HOPE YEN Associated Press WASHINGTON (AP) — States are getting the go-ahead to build a nationwide network of electric vehicle charging stations…
Continue Reading Credit Suisse posts $2.2B loss to end ‘challenging year’
GENEVA (AP) — Credit Suisse has reported a fourth-quarter loss of $2.2 billion as the top-drawer Swiss bank wrapped up “a year of challenges”…
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