business

How the United States is exporting inflation to other countries

How the United States is exporting inflation to other countries

London CNN Business — The Federal Reserve is laser-focused on stemming price increases in the United States. But countries thousands of miles away are reeling from its hardball campaign to strangle inflation, as their central banks are forced to hike interest rates faster and higher and a runaway dollar pushes down the value of their …

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China's yuan hovers near record lows against the dollar despite central bank warning

China’s yuan hovers near record lows against the dollar despite central bank warning

hong kong CNN Business — China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies around the world continue to tumble after the Federal Reserve’s aggressive hikes. The yuan—also known as the renminbi—has been declining for months despite interventions by China’s central bank. The offshore yuan—which …

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Drink these types of coffee to live longer, study says

Drink these types of coffee to live longer, study says

CNN — Drinking two to three cups a day of most types of coffee may protect you from cardiovascular disease and an early death, a new study found. “The results suggest that mild to moderate intake of ground, instant and decaffeinated coffee should be considered part of a healthy lifestyle,” said study author Peter Kistler, …

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US and Europe condemn 'sabotage' as suspicion mounts that Russia was behind pipeline leaks

Nord Stream gas ruptures could leak ‘unprecedented’ amount of this potent greenhouse gas

CNN — Experts say that the unexplained explosions in the Nord Stream pipelines running from Russia to Europe could release an “unprecedented” amount of the greenhouse gas methane and be enormously damaging to the climate. More than 100,000 metric tons of natural gas are bubbling on the surface of the Baltic Sea over a 1-kilometer …

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Trump pushing back on special master's request for him to declare in court whether DOJ inventory is accurate

Trump pushing back on special master’s request for him to declare in court whether DOJ inventory is accurate

CNN — Former President Donald Trump is pushing back against a plan from the special master overseeing the review of documents seized from Mar-a-Lago that would require Trump to declare in court whether the Justice Department’s inventory from the search is accurate. The requested declaration would force the former President to go on the record …

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US and Europe condemn 'sabotage' as suspicion mounts that Russia was behind pipeline leaks

US and Europe condemn ‘sabotage’ as suspicion mounts that Russia was behind pipeline leaks

CNN — The US and Europe are closing ranks, signaling to Moscow their unity over the war in Ukraine won’t be shattered by what they say is the “sabotage” of dual undersea gas pipelines that could represent a possible new front in energy warfare. The transatlantic allies have yet to directly blame Russia for what …

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Hong Kong wins over Goldman Sachs and other bank CEOs after lifting strict Covid rules

Hong Kong wins over Goldman Sachs and other bank CEOs after lifting strict Covid rules

hong kong CNN Business — Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. The Hong Kong Monetary Authority (HKMA) announced Thursday that it would welcome executives including Goldman Sachs (GS) CEO David …

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McDonald's is selling Happy Meals to adults — with a twist

McDonald’s is selling Happy Meals to adults — with a twist

New York CNN Business — The Hamburglar is back at McDonald’s. But this time, it’s just for adults. McDonald’s is bringing back its family of recognizable figurines in a new adult Happy Meal, which, yes, includes the toys. Beginning October 3, customers can order a Cactus Plant Flea Market Box — a Big Mac or …

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