Central banks worldwide tighten policies to cool inflation
Associated Press The U.S. Federal Reserve has been the most aggressive in using interest rate hikes to cool inflation that is battering both…
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Mortgage rates rise to nearly 6.3%, the highest level since 2008
By Anna Bahney, CNN Business Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive…
Continue Reading Tesla recalls 1.1 million cars for windows that can ‘pinch’
By Chris Isidore, CNN Business Tesla said it has spotted a flaw in 1.1 million cars’ windows that could pinch occupants while closing. The…
Continue Reading Average US long-term mortgage rates climb to 6.29% this week
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their…
Continue Reading Bank CEOs questioned on consumer protections, social issues
By KEN SWEET AP Business Writer NEW YORK (AP) — The CEOs of the nation’s biggest banks returned to Capitol Hill for a second day Thursday, and…
Continue Reading Alex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
CNN, WFSB By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for…
Continue Reading Alex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue Reading Alex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
CNN By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue Reading Saudi Arabia plans to send female astronaut to space in 2023
DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday it will launch a training program with the goal of sending its own astronauts,…
Continue Reading Jake Tapper heads to primetime as CNN announces slate of midterm elections programming
By Oliver Darcy, CNN Business Jake Tapper is moving to primetime as part of a sweeping set of programming changes CNN announced Thursday that will…
Continue Reading More consumers buying organic, but US farmers still wary
By SCOTT McFETRIDGE Associated Press CHURDAN, Iowa (AP) — In the 1970s when George Naylor said he wanted to grow organic crops, the idea…
Continue Reading Amazon’s Bezos, Jassy must testify in FTC investigation
By Brian Fung, CNN Amazon founder Jeff Bezos and CEO Andy Jassy must testify in an ongoing Federal Trade Commission probe into whether the company…
Continue Reading More Americans apply for jobless aid last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans filing for jobless benefits rose slightly last week despite the Federal…
Continue Reading Lebanese banks decide to stay shuttered, over security fears
By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — Lebanon’s embattled banks have decided to remain indefinitely closed after rejecting a…
Continue Reading Jerome Powell is heading into the ‘danger zone’
By Julia Horowitz, CNN Business When the Federal Reserve started hiking interest rates to combat decades-high inflation, Chair Jerome Powell stressed…
Continue Reading Over 1M Teslas recalled because windows can pinch fingers
DETROIT (AP) — Tesla is recalling nearly 1.1 million vehicles in the U.S. because the windows can pinch a person’s fingers when being rolled…
Continue Reading Walmart, Target begin holiday early to ease inflation sting
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart and Target plan to begin offering deals and price matching offers earlier this…
Continue Reading Crew extinguishes fire on oil tanker in Gulf of Finland
HELSINKI (AP) — Finnish and Estonian rescue officials say a crude oil tanker caught fire in the Gulf of Finland, but the crew was able to…
Continue Reading Walmart isn’t waiting for Black Friday. It’s ready for holiday shoppers now
By Parija Kavilanz, CNN Business Halloween is still a month away, but Walmart is ready for Christmas. Walmart on Thursday said it’s getting the…
Continue Reading EU talks up Russia sanctions but consensus may prove elusive
By LORNE COOK Associated Press BRUSSELS (AP) — European Union officials say the world’s biggest trading bloc is determined to impose more…
Continue Reading Japan intervenes to prop up the yen for first time in 24 years
By Junko Ogura, Emi Jozuka and Kathleen Benoza Japan tried to shore up the value of its currency Thursday by buying yen and selling US dollars for…
Continue Reading UK government lifts fracking ban despite opposition
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s government has confirmed it is lifting a ban on fracking in England, arguing that the move…
Continue Reading France’s Macron seeks ‘massive’ boost for renewable energy
By NICOLAS GARRIGA and SYLVIE CORBET The Associated Press SAINT-NAZAIRE, France (AP) — French President Emmanuel Macron has called for a “massive…
Continue Reading Japan central bank acts to stem yen’s decline against dollar
TOKYO (AP) — Japan’s central bank has intervened to stem the yen’s decline against the U.S. dollar. Earlier Thursday, the dollar rose…
Continue Reading Bank of England hikes interest rates by half a point for second straight month
By Mark Thompson, CNN Business The Bank of England announced its seventh interest rate hike in less than a year on Thursday, despite forecasting a…
Continue Reading Cyberattack steals passenger data from Portuguese airline
LISBON, Portugal (AP) — Portugal’s national airline TAP Air Portugal says hackers obtained the personal data of some of its customers and have…
Continue Reading Norway central bank raises key rate to fight inflation
COPENHAGEN, Denmark (AP) — Norway’s central bank has raised its key policy interest rate by a quarter-percentage point as other banks around the…
Continue Reading Taiwan plans to end quarantine requirement for arrivals
By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Taiwan is considering an end to its quarantine requirement for all arrivals in mid-October.…
Continue Reading Turkey’s central bank makes big rate cut amid 80% inflation
By ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — Turkey’s central bank has delivered another massive interest rate cut despite eye-popping…
Continue Reading Bank of England raises rates but avoids bolder hike like Fed
By KELVIN CHAN Associated Press LONDON (AP) — The Bank of England raised its key interest rate Thursday by another half-percentage point to the…
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