Stocks sink as big banks get pummeled
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Investors clearly didn’t want to go into the upcoming three-day weekend holding onto…
Continue ReadingBiz/Tech
Tech stocks are hurtling toward a correction
CNN, CNNBUSINESS By Julia Horowitz, CNN Business Persistently high inflation has dealt investors a wake-up call this year, sending them scrambling to…
Continue Reading BlackRock now manages more than $10 trillion in assets
By Paul R. La Monica, CNN Business The stock market boom has created an insatiable appetite for exchange-traded funds, which make it easy for traders…
Continue Reading
Industrial output falls 0.1% unexpectedly amid supply issues
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — U.S. industrial production fell 0.1% in December, the first decline since September,…
Continue Reading December retail sales slip after a record holiday season
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant…
Continue Reading Warning sign for the economy: Consumers are getting grumpy
By Anneken Tappe and Nathaniel Meyersohn, CNN Business Consumers are getting grumpy about inflation, Omicron and a host of other challenges.…
Continue Reading Russia demands US, NATO response next week on Ukraine
By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russia has strongly repeated its demand that NATO doesn’t expand eastward despite the…
Continue Reading Turkish, Armenian envoys meet in bid to end chilly relations
By ULIANA PAVLOVA and SUZAN FRASER Associated Press MOSCOW (AP) — Turkish and Armenian envoys have met in Moscow to try to end decades of…
Continue Reading Dutch government eases lockdown, but not for hospitality
By ALEKSANDAR FURTULA and MIKE CORDER Associated Press VALKENBURG, Netherlands (AP) — The Dutch government has eased its coronavirus lockdown,…
Continue Reading Poland: huge military data leak has only public information
WARSAW, Poland (AP) — Poland’s Defense Ministry says that a massive leak from a military equipment database includes only publicly available…
Continue Reading Earnings season is here to distract investors from everything else
By Julia Horowitz, CNN Business Tech stocks have been plunging as Wall Street obsesses over the Federal Reserve’s next moves and how…
Continue Reading JPMorgan 4Q earnings fall 14%, but 2021 profit sets record
By KEN SWEET AP Business Writer NEW YORK (AP) — JPMorgan Chase says fourth-quarter profits fell 14% from a year earlier, due to a weaker…
Continue Reading Wall Street is minting money as Main Street struggles with inflation and burnout
By Paul R. La Monica, CNN Business The Main Street and Wall Street gap is widening again. Big banks had a stellar end to 2021 with rates on the rise.…
Continue Reading Croatia census shows nearly 10% population drop in 10 years
ZAGREB, Croatia (AP) — Croatian authorities say last year’s population census in the European Union country has shown an almost 10% drop over…
Continue Reading Wells Fargo’s $5.8 billion profit easily tops expectations
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Wells Fargo easily beat Wall Street expectations for the fourth quarter with interest…
Continue Reading Ukraine hacks add to worries of cyber conflict with Russia
By YURAS KARMANAU, FRANK BAJAK, ERIC TUCKER and DASHA LITVINOVA Associated Press KYIV, Ukraine (AP) — Hackers have temporarily shut down dozens of…
Continue Reading DSquared2 designers welcome fashion crowd back to Milan
By COLLEEN BARRY AP Fashion Writer MILAN (AP) — Milan fashion houses were charting a path out of the pandemic that included a menswear calendar…
Continue Reading Mask rules get tighter in Europe in winter’s COVID-19 wave
By FRANCES D’EMILIO Associated Press ROME (AP) — Italy, Spain and other European countries are reinstating or stiffening mask mandates as…
Continue Reading With its agenda stuck, WH puts focus back on infrastructure
By JOSH BOAK Associated Press President Joe Biden is trying to put behind recent setbacks on voting rights and his economic agenda by outlining the…
Continue Reading Omicron leaves Germany on brink of recession as growth dips
By DAVID McHUGH Associated Press FRANKFURT, Germany (AP) — The risk of recession is looming for Germany after Europe’s biggest economy shrank at…
Continue Reading The United States could lose all flights to China ahead of the Beijing Winter Olympics
By Steven Jiang, CNN Business People trying to fly from the United States to China may soon be confronted with an unthinkable scenario: Starting next…
Continue Reading Hong Kong bans transit flights from over 150 countries
By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong International Airport is banning transit passengers from 150 countries and territories…
Continue Reading Fire at Kuwait refinery kills 2 and critically injures 5
DUBAI, United Arab Emirates (AP) — A fire  that erupted during maintenance work at a major oil refinery in Kuwait has killed two workers and…
Continue Reading Indian court acquits Catholic bishop on charge of raping a nun, prosecutor says
By Swati Gupta, Manveena Suri and Rhea Mogul, CNN An Indian court on Friday acquitted a Catholic bishop of rape charges, a prosecution lawyer said…
Continue Reading
10 benefits of tracking your medical history
Guava Health draws on numerous public health sources to examine the many upsides to tracking your health care and history over time.…
Continue Reading India’s richest man is pouring more than $80 billion into green energy
By Michelle Toh, CNN Business Indian billionaire Mukesh Ambani is going big on green energy. His conglomerate, Reliance Industries, announced…
Continue Reading The world’s insatiable appetite for electricity is setting up a climate disaster
By Julia Horowitz, CNN Business The world needs more electricity. That will mean severe climate damage, unless something changes soon. A report…
Continue Reading Supreme Court halts COVID-19 vaccine rule for US businesses
By MARK SHERMAN and JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court has stopped a major push by the Biden administration to…
Continue Reading At least 9 killed after train derails in India’s West Bengal state
By Manveena Suri, Swati Gupta and Rhea Mogul, CNN At least nine people were killed and 36 others injured after a passenger train derailed in…
Continue Reading Biden nominates 3 for Fed board, including first Black woman
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — President Joe Biden nominated three people for the Federal Reserve’s Board of…
Continue Reading