Day care, margarine, car repairs: Here’s what’s costing Americans the most
By Elisabeth Buchwald, CNN Annual inflation unexpectedly declined to 4.9% last month, according to the April Consumer Price Index report, released…
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Bank of England hikes interest rates for 12th time in battle with inflation
By Hanna Ziady, CNN The Bank of England raised interest rates by a quarter of a percentage point Thursday in its battle with inflation and said the…
Continue ReadingJanet Yellen says US default would trigger a global economic downturn
By Emiko Jozuka, CNN US Treasury Secretary Janet Yellen urged Congress on Thursday to raise its debt ceiling, warning that a US default would produce…
Continue ReadingTwo dead in shooting at Mercedes-Benz plant in Germany
By Nadine Schmidt and Hanna Ziady, CNN Two men have died after a shooting at a Mercedes-Benz plant in Sindelfingen, southern Germany on Thursday,…
Continue ReadingChina names head of powerful new financial regulator as industry faces greater scrutiny
By Laura He, CNN China has appointed the head of its powerful new financial watchdog, which was created as part of sweeping reforms aimed at reining…
Continue ReadingFive suspects arrested in India after bomb blasts near Golden Temple, Sikhism’s holiest shrine
By Jessie Yeung and Manveena Suri, CNN Police in northern India have arrested five suspects in connection with a series of homemade bomb explosions…
Continue ReadingChina’s inflation cools to 0.1%, its slowest pace in two years
By Laura He, CNN Deflationary pressure in China is worsening as consumer prices increased at their slowest pace in two years, suggesting weakness in…
Continue ReadingDisinformation researcher who led now-defunct DHS unit sues Fox News for defamation
By Oliver Darcy, CNN A prominent disinformation researcher who became the target of Fox News last year filed a defamation lawsuit against the…
Continue ReadingDisney aims for more profits at Disney+ with more ads, less content, higher fees
By Chris Isidore, CNN Disney laid out the profit plan for Disney+ streaming service on its investor call after reporting its most recent quarterly…
Continue ReadingThese states will be hit the hardest if the US debt ceiling standoff isn’t resolved
By Matt Egan, CNN As leaders in Washington fail to make progress on a debt ceiling deal, Moody’s Analytics is warning of disastrous…
Continue ReadingWith writers’ strike underway, film and TV studios start labor talks with directors
By Chris Isidore, CNN Television and film studios, already dealing with a strike by the Writers Guild of America, started contract negotiations…
Continue ReadingVoting technology company Smartmatic subpoenas Trump campaign as part of $2.7 billion lawsuit against Fox News
By Oliver Darcy, CNN Business The voting technology company Smartmatic has subpoenaed Donald Trump’s 2020 presidential campaign for a wide…
Continue ReadingAudits of Chinese companies by KPMG and PwC full of holes, US watchdog finds
By Julia Horowitz, CNN US inspectors, after receiving access to auditors’ books for the first time, discovered significant shortcomings in…
Continue Reading6 money tips for new grads
By Jeanne Sahadi, CNN Becoming a working adult after college or graduate school is exciting… and can be modestly terrifying if you’re…
Continue ReadingUK tabloid apologizes to Prince Harry on first day of new phone hacking trial
By Hanna Ziady, Jessie Gretener and Niamh Kennedy, CNN The publisher of UK tabloid the Daily Mirror has apologized to Prince Harry for using unlawful…
Continue ReadingHere’s what’s getting cheaper at the grocery store
By Danielle Wiener-Bronner, CNN Grocery prices continued to fall last month, even as restaurant meals got more expensive, according to data released…
Continue ReadingFord reveals the new Ranger for the US, where competition is huge among smaller trucks
By Peter Valdes-Dapena, CNN Business In America, “Ford truck” usually means the F-series, the best-selling truck here for decades. But in…
Continue ReadingInflation is cooling — but many items aren’t cheaper. Here’s why
By Elisabeth Buchwald, CNN Inflation is lower than it was a year ago. But you may not be feeling any less frustrated when you pay your bills.…
Continue ReadingSome customers order Starbucks’ Refreshers without water. The company says this will now cost extra
By Jordan Valinsky, CNN Fans of Starbucks’ Refresher drinks will have to pay more if they don’t add water. Effective as of Tuesday, a…
Continue ReadingBrides and grooms have a new place to register for wedding gifts
By Parija Kavilanz, CNN Brides and grooms, fret no more. While Bed Bath and Beyond and its popular wedding registry service teeter on the edge, Etsy…
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