US will plunge into recession — but it didn’t have to, former IMF chief economist says
By Christine Romans, CNN Business It’s “almost impossible” for the Fed to tamp down inflation without tipping the US economy into a…
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GameStop fires its CFO and looks to cut staff
By Chris Isidore, CNN Business GameStop has fired its chief financial officer and is preparing to make cuts to its staff. Shares of the…
Continue ReadingWhy Costco’s $1.50 hot dog combo and 99-cent Arizona iced tea still cost the same
By Nathaniel Meyersohn, CNN Business The highest rate of inflation in decades has forced businesses to raise prices on food and other products once…
Continue ReadingWhy inflation isn’t always bad for the stock market
By Nicole Goodkind, CNN Business If you follow markets news, you’ve probably seen a few hundred headlines this year akin to: “Stocks…
Continue ReadingThe economy added 372,000 jobs in June, outpacing expectations
By Alicia Wallace, CNN Business The US economy added 372,000 jobs in June, an unexpected boost in hiring and a signal that the labor market…
Continue ReadingHouse lawmakers are investigating how some tech companies will handle health data related to abortions
By Clare Duffy, CNN Business Three House lawmakers are launching an investigation into the collection and sale of personal health data related to…
Continue ReadingPrivate browsing may not protect you as much as you think
By Jennifer Korn, CNN Business For years, the most popular internet browsers have included options to search for and visit websites in…
Continue ReadingChina says India risks scaring away investors with raids on its companies
By Diksha Madhok, CNN Business India risks damaging its reputation among foreign investors with its “frequent investigations” into…
Continue ReadingPrince Harry wins early victory in libel lawsuit against UK’s Mail on Sunday tabloid
By Lauren Said-Moorhouse and Lauren Kent, CNN Business Parts of a tabloid article alleging that Prince Harry tried to keep a legal challenge against…
Continue ReadingBlack and Hispanic Americans are getting hit harder by inflation. Here’s why
By Tami Luhby, CNN Many Americans are struggling to cope with higher prices for food, gas, housing and other essentials. But inflation has taken an…
Continue ReadingThe rise and fall of Theranos: A timeline
By Sara Ashley O’Brien, CNN Business Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh “Sunny” Balwani,…
Continue ReadingOpinion: 4 ways governments can encourage businesses to meaningfully lower their carbon emissions
Opinion by Henry Fernandez for CNN Business Perspectives If the world hopes to limit the increase in global temperatures to 1.5 degrees Celsius —…
Continue ReadingFormer Theranos COO is guilty of federal fraud
By Sara Ashley O’Brien and Rishi Iyengar, CNN Ramesh “Sunny” Balwani, the former COO of failed blood testing startup Theranos and…
Continue ReadingPringles wants a spider named after it
By Jordan Valinsky, CNN Business Pringles and spiders are probably two things you don’t associate with each other — until now. The…
Continue ReadingAmerican Airlines is tripling pilots’ pay after a scheduling glitch left thousands of flights without pilots
By Chris Isidore, CNN Business American Airlines has agreed to pay its pilots triple their normal rate after a computer scheduling glitch left…
Continue ReadingFriday’s jobs report could be telling as recession worries mount
By Alicia Wallace, CNN Business Economic uncertainty and recession fears have yet to take the shine off a robust labor market, but investors and…
Continue ReadingGameStop shares are about to get much cheaper
By Jordan Valinsky, CNN Business GameStop shares will soon lose three quarters of their value. But don’t worry: It’s good news for…
Continue ReadingMortgage rates see largest decline since 2008
By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, notching the largest decline since December, 2008. The 30-year…
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Citizen effort underway to address concerns on Gold Camp, Old Stage Roads in mountains above Colorado Springs
COLORADO SPRINGS, Colo. (KRDO) — A coalition of ranchers, outfitters, non-profits organizations, residents, and outdoor enthusiasts has…
Continue ReadingBoris Johnson leaves an economic mess for his successor to fix
By Mark Thompson, CNN Business Boris Johnson was ultimately forced to resign as UK prime minister Thursday as dozens of members of his party quit the…
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