If prices keep rising, a nightmare scenario for the US economy is a real possibility
By Paul R. La Monica, CNN Business There’s no denying it: Inflation is here. Consumer prices surged 7% over the past year. Housing prices have…
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Democrats push rival bill sanctioning Russia over Ukraine
By ELLEN KNICKMEYER and AAMER MADHANI The Associated Press WASHINGTON (AP) — Senate Democrats are proposing new sanctions against Russia if it…
Continue Reading Biden redoubling focus on testing amid shortages, confusion
By ZEKE MILLER Associated Press WASHINGTON (AP) — The Biden administration is increasing federal support for COVID-19 testing for schools in a bid…
Continue Reading 10 years later, Costa Concordia disaster vivid for survivors
By TRISHA THOMAS and NICOLE WINFIELD Associated Press GIGLIO, Italy (AP) — Italy is marking the 10th anniversary of the Costa Concordia cruise ship…
Continue Reading How new Robin Hood CEO Buery plans to fight NYC poverty
By GLENN GAMBOA AP Business Writer Richard R. Buery, Jr., is starting his first full year as CEO of the Robin Hood Foundation, but he is no stranger…
Continue Reading Elizabeth Holmes sentencing hearing set for September 26
By Sara Ashley O’Brien, CNN Business Elizabeth Holmes, the former CEO of Theranos who was convicted earlier this month on four out of 11…
Continue Reading Mexico: Citibank sale poses ‘delicate’ antimonopoly issues
MEXICO CITY (AP) — Mexican authorities say they are going to keep a close eye on Citigroup’s proposed sale of its Mexico subsidary,…
Continue Reading Pipeline spills 300,000 gallons of diesel near New Orleans
By JANET McCONNAUGHEY and MATTHEW BROWN Associated Press NEW ORLEANS (AP) — Federal records show a severely corroded pipeline ruptured and spilled…
Continue Reading Interior to hold auction for offshore wind power in NY, NJ
By MATTHEW DALY and MIKE CATALINI Associated Press TRENTON, N.J. (AP) — The Biden administration says it will hold its first offshore wind auction…
Continue Reading Meat is finally getting cheaper. But these other foods aren’t
By Danielle Wiener-Bronner, CNN Business Good news: After rising for months, meat prices are finally falling at the grocery store. Bad news: Many…
Continue Reading Man arrested for damaging American jet in Honduras released
By The Associated Press A passenger arrested in Honduras for damaging the cockpit of an American Airlines jet during boarding has been released by…
Continue Reading Liberals in EU parliament seek inquiry into abuse of spyware
By VANESSA GERA Associated Press WARSAW, Poland (AP) — European Parliament lawmakers have called for a committee to investigate rights abuses by…
Continue Reading Dawn is changing its dish soap bottle with a wacky new lid
By Jordan Valinsky, CNN Business Getting your dish soap out of the bottle might not be on your top 10 list of daily annoyances. But Procter &…
Continue Reading EXPLAINER: Why US inflation is so high, and when it may ease
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — At first, it didn’t even register as a threat. Then it seemed like a temporary annoyance.…
Continue Reading Another bank ends bounced check fees
By Paul R. La Monica, CNN Business Fees for bounced checks or lacking enough money in your account are quickly becoming a thing of the past. Wells…
Continue Reading Biogen tumbles after Medicare lays out Aduhelm coverage plan
By TOM MURPHY AP Health Writer Shares of Biogen have tumbled a day after regulators slapped strict limitations on coverage the drugmaker’s new…
Continue Reading UK court: Government VIP lane for COVID contracts unlawful
LONDON (AP) — Britain’s High Court has ruled that the government acted unlawfully when it used a so-called “VIP lane” to award lucrative…
Continue Reading Inflation at 40-year high pressures consumers, Fed and Biden
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a…
Continue Reading The big test for inflation is 12 months away
By Julia Horowitz, CNN Business Annual consumer inflation in the United States has climbed to 7% as prices rise at the fastest clip in nearly four…
Continue Reading Surging prices: Key inflation measure hits a 39-year high
By Anneken Tappe, CNN Business Pandemic price hikes didn’t let up in the last month of 2021: A key inflation gauge hit a fresh a 39-year high.…
Continue Reading Ryanair can’t stop trolling Boris Johnson
By Anna Cooban, CNN Business Ryanair has restarted one of its most popular services: trolling Boris Johnson. The budget airline posted a spoof summer…
Continue Reading The big test for inflation is 12 months away
CNN, CNNBUSINESS By Julia Horowitz, CNN Business Annual consumer inflation in the United States has climbed to 7% as prices rise at the fastest clip…
Continue Reading Energy monitor blames Russia for worsening Europe gas crisis
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The head of the International Energy Agency has blamed Russia for worsening Europe’s…
Continue Reading Surging prices: Key inflation measure hits a 39-year high
CNN, CNNBUSINESS By Anneken Tappe, CNN Business Pandemic price hikes didn’t let up in the last month of 2021: A key inflation gauge hit a fresh…
Continue Reading Surging prices: Key inflation measure hits a 39-year high
CNN By Anneken Tappe, CNN Business Pandemic price hikes didn’t let up in the last month of 2021: A key inflation gauge hit a fresh a 39-year…
Continue Reading Transcript gaps? Strong college application remains possible
By COLIN BERESFORD of NerdWallet Applying to college is rarely easy, but applicants this year are faced with one additional challenge: creating a…
Continue Reading Big Lots is opening 500 stores
By Nathaniel Meyersohn, CNN Business Big Lots is betting shoppers will still want to buy cheap couches and pillows in person for years to come. The…
Continue Reading Lockdown party claims add to list of Boris Johnson scandals
By JILL LAWLESS Associated Press LONDON (AP) — Allegations that Prime Minister Boris Johnson’s staff held a “bring your own booze” garden…
Continue Reading Edmunds: Shopping for a car this year will not be the same
By RONALD MONTOYA Edmunds 2021 was an unusual year for the automotive industry. While customer demand for new cars rebounded from the economic…
Continue Reading UK’s Johnson apologizes for attending party during lockdown
By JILL LAWLESS Associated Press LONDON (AP) — Prime Minister Boris Johnson has apologized for attending a garden party during Britain’s first…
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