All eyes on the consumer ahead of Black Friday and the holidays
By Paul R. La Monica, CNN Business It has been a tough year for American consumers. Inflation everywhere. Rapidly rising interest rates. A housing…
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UK’s self-billed ‘Scrooge’ promises tax rises, spending cuts
LONDON (AP) — Britain’s Treasury chief, Jeremy Hunt, has warned that a spending crunch and tax increases are on their way as he bids to fill the…
Continue Reading Degrowth: A dangerous idea or the answer to the world’s biggest crisis?
By Julia Horowitz, CNN Business Conventional economic logic hinges on a core assumption: Bigger economies are better, and finding ways to maintain or…
Continue Reading Cocoa farmers fear climate change lowering crop production
By HILAIRE ZON Associated Press KOREAGUI, Ivory Coast (AP) — For more than 40 years, Jean Baptiste Saleyo has farmed cocoa on several acres of his…
Continue Reading Saudi Arabia has ‘green vision’ at COP27, critics unmoved
By KELVIN CHAN AP Business Writer SHARM EL-SHEIKH, Egypt (AP) — Hydrogen cars and vehicles that capture their tailpipe pollutants. Computer mice…
Continue Reading Ukraine war, tensions with China loom over big Bali summit
By ADAM SCHRECK and ELAINE KURTENBACH Associated Press NUSA DUA, Indonesia (AP) — A showdown between Presidents Joe Biden and Vladimir Putin…
Continue Reading Disney plans to freeze hiring and cut jobs, memo shows
by Reuters Disney is planning to freeze hiring and cut some jobs as it strives to move the Disney+ streaming service to profitability against a…
Continue Reading Funds vanish at bankrupt crypto exchange FTX; probe underway
By CATHY BUSSEWITZ Business Writer NEW YORK (AP) — Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its…
Continue Reading Prosecutors push 15-year sentence for Theranos’ CEO Holmes
Federal prosecutors have asked a judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison, arguing she deserves a lengthy…
Continue Reading UN climate talks reach halftime with key issues unresolved
By FRANK JORDANS Associated Press SHARM EL-SHEIKH, Egypt (AP) — It’s half-way time at the U.N. climate talks in Egypt, with negotiators still…
Continue Reading Auschwitz hero’s son seeks millions for dad’s 1948 execution
WARSAW, Poland (AP) — The son of World War II Auschwitz death camp hero Witold Pilecki is seeking millions in compensation from the Polish…
Continue Reading Unmanned, solar-powered US space plane back after 908 days
CAPE CANAVERAL, Fla. (AP) — An unmanned U.S. military space plane landed early Saturday after spending a record 908 days in orbit for its sixth…
Continue Reading At least $1 billion of client funds missing at failed crypto firm FTX, sources say
Reuters At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The…
Continue Reading Playbill leaves Twitter, saying the site ‘expanded tolerance for hate’
By Ramishah Maruf, CNN Playbill, a news outlet and guide for the Broadway theater community and theatergoers, said Friday it left Twitter after Elon…
Continue Reading Playbill leaves Twitter, saying the site ‘expanded tolerance for hate’
CNN By Ramishah Maruf, CNN Playbill, a news outlet and guide for the Broadway theater community and theatergoers, said Friday it left Twitter after…
Continue Reading Mass transit extension to Dulles Airport opens at tough time
By MATTHEW BARAKAT Associated Press CHANTILLY, Va. (AP) — It’s taken 60 years and billions of dollars, but mass transit is finally coming to…
Continue Reading It’s a terrible time to buy a house. Here’s what to know if you have to do it anyway
By Anna Bahney, CNN Business There is no sugarcoating it: This is a terrible time to buy a home. Mortgage rates for a 30-year fixed rate loan are now…
Continue Reading Why Planet Fitness hasn’t raised its $10 monthly gym price in 30 years
By Nathaniel Meyersohn, CNN Business A gym membership in the United States typically costs around $50 a month. Boutique gyms and high-intensity…
Continue Reading Twitter drama too much? Mastodon, others emerge as options
By BARBARA ORTUTAY AP Technology Writer Twitter has been a bit of a mess since billionaire Tesla CEO Elon Musk took the helm, cutting the company’s…
Continue Reading Ethiopia hosts UN internet meeting after cutting off Tigray
By JAMEY KEATEN and CARA ANNA Associated Press GENEVA (AP) — A U.N. body devoted to promoting broader and better access to the internet is about to…
Continue Reading China tightens restrictions as rise in virus cases reported
By JOE McDONALD Associated Press BEIJING (AP) — Everyone in a district of 1.8 million people in China’s southern metropolis of Guangzhou was…
Continue Reading Computer chip ban signals new era as Biden and Xi meet
By JOSH BOAK Associated Press WASHINGTON (AP) — The Biden administration’s move to block exports of advanced computer chips to China is…
Continue Reading Thai crocodile farmers want trade restrictions relaxed
By TASSANEE VEJPONGSA Associated Press SRI RACHA, Thailand (AP) — Crocodile farmers in Thailand are suggesting a novel approach to saving the…
Continue Reading NBA’s Miami Heat to terminate relationship with FTX, will get new arena name
By Jacob Lev, CNN The NBA’s Miami Heat and Miami-Dade County have terminated their relationship with bankrupt cryptocurrency exchange FTX and…
Continue Reading US outlines effects of withdrawing land from oil drilling
By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — The U.S. Interior Department’s plan to withdraw hundreds of square miles in New…
Continue Reading Miami Heat’s home arena will get new name after FTX collapse
By TIM REYNOLDS AP Basketball Writer MIAMI (AP) — The arena where the Miami Heat play will soon have a new name, after the team and Miami-Dade…
Continue Reading Tesla officially makes its charging standard available to other companies
By Peter Valdes-Dapena, CNN Business One of Tesla’s biggest competitive advantages in North America has been its network of chargers that, for…
Continue Reading How major US stock indexes fared Friday 11/11/2022
The Associated Press Wall Street tacked more onto its stupendous surge from a day before, leaving the market with its biggest weekly gain since the…
Continue Reading Steel Dynamics, LegalZoom rise; Flowers Foods fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Steel Dynamics Inc., up 40 cents to $96.74. The steel producer…
Continue Reading Crypto CEO warns his industry faces 2008-style crisis, calls regulator scrutiny ‘a good thing’
By Matt Egan The reeling crypto industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, crypto CEO Changpeng Zhao…
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