The Fed isn’t about to back down from its inflation fight
By Julia Horowitz, CNN Business Twelve days from now, the Federal Reserve will meet again, and expectations for the central bank’s next moves…
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The Fed may have to blow up the economy to get inflation under control
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business The Federal Reserve is most likely going to raise interest rates by three quarters of a…
Continue Reading Tech earnings are coming and they probably won’t be pretty
By Clare Duffy, CNN Business After months of layoffs, hiring freezes and other cost-cutting measures, big tech companies are set to provide the most…
Continue Reading Tech earnings are coming and they probably won’t be pretty
CNN By Clare Duffy, CNN Business After months of layoffs, hiring freezes and other cost-cutting measures, big tech companies are set to provide the…
Continue Reading Is Barilla really ‘Italy’s No. 1 brand of pasta?’ A lawsuit says no
By Jordan Valinsky, CNN Business Barilla can’t avoid a class-action lawsuit over allegedly deceptive advertising about the pasta’s…
Continue Reading Exclusive: Wonder Bread will have its first-ever float in the Macy’s Thanksgiving Day Parade
By Jordan Valinsky, CNN Business For any company that’s been around for a century, it can be hard to keep the brand fresh. Wonder Bread hopes…
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Post-election rally unlikely amid Fed rate outlook
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The upcoming midterm elections could give the stock market a sorely needed boost by eliminating…
Continue Reading Pacific Rim finance leaders mull ways to curb inflation
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Finance ministers of major Pacific Rim economies have pledged to combat inflation and seek…
Continue Reading Philippines to buy US aircraft after scrapping Russia deal
By JIM GOMEZ Associated Press MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. has backed a decision by his predecessor to…
Continue Reading American Airlines posts $483 million profit for late summer
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — American Airlines is reporting a $483 million profit for the third quarter, as planes were mostly…
Continue Reading Turkish central bank makes huge rate cut amid 83% inflation
ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — Turkey’s central bank has slashed interest rates for the third month in a row, making its…
Continue Reading An antitrust battle over GIFs could be a wake-up call for Silicon Valley
By Brian Fung, CNN GIFs — those short, animated images that were a staple of internet memes and culture in the 1990s and 2000s — may be going out…
Continue Reading UN food agency chief presses Gulf states to ‘step up’ on aid
BERLIN (AP) — The head of the United Nations’ World Food Program is renewing pressure on oil-rich Persian Gulf countries to give his agency more…
Continue Reading Allies blast Scholz over Chinese investment in German port
BERLIN (AP) — Lawmakers from two junior governing parties have slammed plans for Chinese shipping group COSCO to take a major stake in the operator…
Continue Reading Travelers are skipping challenging drives with RV delivery
By SALLY FRENCH of NerdWallet RV delivery is a growing trend that allows travelers to enjoy all of the conveniences of staying in an RV without…
Continue Reading Spain, Portugal eased energy prices. Can they teach the EU?
By CIARÁN GILES Associated Press MADRID (AP) — Households and businesses across Europe have struggled with high electricity prices for months,…
Continue Reading German leader warns against ‘worldwide renaissance’ for coal
BERLIN (AP) — German Chancellor Olaf Scholz says that Russia’s war in Ukraine must not lead to a “worldwide renaissance” for coal. His…
Continue Reading US heating worries mount amid growing costs, uncertainty
By DAVID SHARP Associated Press JAY, Maine (AP) — Across the U.S., families are looking to the winter with dread as energy costs soar and fuel…
Continue Reading Biden stumps for Pa.’s Fetterman, says ‘world is looking’
By CHRIS MEGERIAN Associated Press PHILADELPHIA (AP) — President Joe Biden says the “rest of the world is looking” to see who holds control of…
Continue Reading New October date set for talks in Ethiopia’s Tigray war
ADDIS ABABA, Ethiopia (AP) — The Ethiopian prime minister’s national security adviser says the African Union has scheduled peace talks to resolve…
Continue Reading Nokia sees improved 3Q profit, sales on strong demand for 5G
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia has reported substantially improved third-quarter profits and higher sales on the…
Continue Reading Nigerian firm says it can’t ship natural gas after flooding
By CHINEDU ASADU Associated Press ABUJA, Nigeria (AP) — A major Nigerian energy company says it can’t deliver natural gas as promised in its…
Continue Reading EU leaders divided on gas price cap at energy crisis summit
By SAMUEL PETREQUIN and RAF CASERT Associated Press BRUSSELS (AP) — European Union leaders struggled to find immediate practical solutions at their…
Continue Reading Hacker holds Australian health insurer’s data for ransom
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — A cybercriminal is holding for ransom an Australian health insurer’s customer data…
Continue Reading Truss quits, but UK’s political and economic turmoil persist
By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term marred…
Continue Reading Ukraine’s utilities threatened by Russia in war’s new phase
By SABRA AYRES Associated Press KYIV, Ukraine (AP) — Russia has declared its intention to increase its targeting of Ukraine’s power, water and…
Continue Reading Asian shares mixed as investors keep eyes on inflation
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly lower Friday in muted trading, as investors kept an eye on inflation.…
Continue Reading Chinese stocks tumble to multi-year lows in New York and Hong Kong amid party congress
By Laura He, CNN Business Chinese stocks have hit multi-year lows in New York and Hong Kong amid growing concerns about China’s rising Covid…
Continue Reading Chinese stocks tumble to multi-year lows in New York and Hong Kong amid party congress
CNN By Laura He, CNN Business Chinese stocks have hit multi-year lows in New York and Hong Kong amid growing concerns about China’s rising…
Continue Reading Japan’s imports, exports balloon on energy costs, cheap yen
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan has marked a trade deficit for the 14th month in a row, with exports and imports ballooning…
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