More than 8,000 workers are on strike at 77 Denver area grocery stores
By Chris Isidore, CNN Business About 8,000 grocery store workers at 77 King Soopers and City Markets stores in the Denver area are on strike after…
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WATCH: GM, El Paso partner to ‘substantially’ reduce community’s carbon footprint
EL PASO, Texas – A new partnership aims to reduce El Paso’s carbon footprint. The city, community groups, and General Motors are announcing the…
Continue Reading Racing legend Michael Andretti is taking a spin on Wall Street
By Paul R. La Monica, CNN Business Auto racing is arguably hotter than ever, thanks in part to the super popular Netflix series “Drive to…
Continue Reading Goldman Sachs urges employees to work remotely until February amid Omicron wave
By Matt Egan Goldman Sachs is extending its work-from-home guidance by another two weeks amid the wave of Covid-19 infections. The Wall Street bank…
Continue Reading Goldman Sachs urges employees to work remotely until February amid Omicron wave
CNN, INDEPENDENT RESTAURANT COALITION By Matt Egan Goldman Sachs is extending its work-from-home guidance by another two weeks amid the wave of…
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Goldman Sachs urges employees to work remotely until February amid Omicron wave
CNN, CNN BUSINESS By Matt Egan Goldman Sachs is extending its work-from-home guidance by another two weeks amid the wave of Covid-19 infections. The…
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Navient settles predatory student loan claims for $1.85B
By STEVE LeBLANC Associated Press BOSTON (AP) — Navient, a major student loan servicing company, has settled allegations of abusive lending…
Continue Reading UN forecasts lower global economic growth for 2022 and 2023
By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — The United Nations is forecasting lower global economic growth for 2022 and 2023. It…
Continue Reading San Diego supervisor’s house fire is considered suspicious
SAN DIEGO (AP) — Police are treating a fire at the home of the San Diego County Board of Supervisors chair and a prominent labor leader as…
Continue Reading Fed nominee Brainard: Fighting inflation is top priority
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Lael Brainard, President Joe Biden’s nominee for the Federal Reserve’s No. 2 spot,…
Continue Reading Virgin Galactic shares tumble as company says it’s raising $425 million in debt
By Jackie Wattles, CNN Business Shares of Virgin Galactic — the space tourism company that carried its billionaire founder, Richard Branson, to the…
Continue Reading 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…
Continue Reading 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 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 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 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…
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