By MATT OTT AP Business Writer WASHINGTON (AP) — U.S. consumers were less confident again in June as persistent inflation and rising interest rates have Americans as pessimistic as they’ve been about the future in almost a decade. The Conference Board said Tuesday that its consumer confidence index slipped to 98.7 in June from 103.2
Continue ReadingBy Hannah Ryan, CNN A tourism chief in Naples has come up with a unique solution for any visitors worried about theft in the southern Italian city, after reports the French actor Daniel Auteuil recently had his luxury watch stolen in the area. Cesare Foa, the president of the tour operators’ association Aidit, says hotels
Continue Reading By ZEKE MILLER and GEIR MOULSON Associated Press ELMAU, Germany (AP) — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia’s income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv for “as long as it takes” as
Continue ReadingCNNEE (CNN) — No esperen que Johnny Depp regrese como Jack Sparrow a “Piratas del Caribe” en el corto plazo. Un representante de Depp ha negado un informe reciente de que el actor regresaría a la franquicia de “Piratas del Caribe”. “No soy una víctima perfecta”: cinco frases de Amber Heard en su primera entrevista
Continue ReadingBy Inke Kappeler and Ben Brown, CNN A 101-year-old former Nazi concentration camp guard has been sentenced to five years in prison by a German court for aiding and abetting the murder of 3,518 people during the Holocaust. The man had been charged in 2021 with “knowingly and willfully” aiding and abetting the killing of
Continue Reading BRUSSELS (AP) — Ukraine will start trading electricity with neighboring European countries later this week. The European Network of Transmission System Operators for Electricity said on Tuesday that the first phase of commercial exchanges is set to begin on June 30 following the synchronization of power systems in March. Ukraine and Moldova were previously part
Continue Reading NEW YORK (AP) — Stocks are rising solidly higher in early trading on Wall Street Tuesday. Travel-related companies were among the biggest winners after China eased a quarantine requirement for people arriving from abroad, raising hopes that the severe pandemic lockdowns there might be starting to ease. The S&P 500 was up 1%, putting it
Continue ReadingBy Lisa Respers France, CNN Nick Cannon is “a hopeless romantic.” During a conversation on the “All The Way with Shelley Wade” podcast, Cannon said that he hopes to marry again some day. “I love the concept. I love the ceremony of it,” he said. “I’ve failed miserably so many times at monogamy and relationships.
Continue Reading The German industrial company Siemens will invest more than $100 million in a network of electric vehicle charging stations in North America operated by Volkswagen. Siemens is the first outside investor in the project, Electrify America said Tuesday, and the company is being granted a seat on its board. The network in total has added
Continue ReadingCNN: GETTY IMAGES By Julia Horowitz, CNN Business A growing number of investors have come to the conclusion that a recession in the United States is probably looming, fueling a sharp sell-off in stocks and bonds as Wall Street braces for impact. What’s happening: A shallow recession late this year or early next year is
Continue ReadingBy Alicia Wallace, CNN Business US home prices ran hot again in April, notching another month of more than 20% year-over-year gains, according to the latest S&P CoreLogic Case Shiller US National Home Price Index data, released Tuesday. Home prices rose 20.4% in April from the year before, compared to a 20.6% rise seen in
Continue Readingurielblanco (CNN Español) — El presidente de México, Andrés Manuel López Obrador, y el presidente de Estados Unidos, Joe Biden, tendrá un encuentro el próximo 12 de julio, según confirmó Marcelo Ebrard, secretario mexicano de Relaciones Exteriores. “Confirmado encuentro de los Presidentes López Obrador y Biden el próximo 12 de julio”, escribió Ebrard en un
Continue ReadingBy Nicole Goodkind, CNN Business Retailers typically want their sales numbers to be red hot, not their customers. But Bed Bath & Beyond is reportedly dealing with cooled momentum and heated customers at its stores. A new report from Bank of America claims that the company has cut air conditioning in an effort to quickly
Continue ReadingBy Julia Horowitz, CNN Business This week, Russia defaulted on its foreign debt for the first time since the Bolshevik revolution after it failed to pay interest on two bonds during a 30-day grace period that expired Sunday. But to put the event in context, we don’t need to go as far back as 1918.
Continue ReadingCNN By Peter Valdes-Dapena, CNN Business General Motors has said that Cadillac, its luxury brand, will lead the automaker into the electric future. It will be the first GM brand to go all-electric and its first EV model is the Cadillac Lyriq, a crossover SUV that’s one of the best Cadillacs I’ve driven in a
Continue Reading COPENHAGEN, Denmark (AP) — Swedish power utility Vattenfall says it is considering building at least two new small nuclear reactors to deal with a projected rise in electricity consumption over the coming decades. Sweden initially had aimed to phase out nuclear power generation — which currently supplies about 40% of its needs — by 2010.
Continue ReadingBy Deidre McPhillips, CNN Dozens of international flights loaded with baby formula have already come into the United States, but formula stock rates are not improving. Experts say it will take at least another couple months for this to change, as both supply levels and consumers’ perspectives level out. Through Operation Fly Formula, the White
Continue ReadingCNN Review by Brian Lowry, CNN Understandably determined not to mess with success, “Only Murders in the Building” returns with a second season that self-consciously plays to its strengths, while layering the new mystery laid out by its cliffhanger ending on top of the old one. It’s every bit as breezy and fun, with lots
Continue ReadingReview by Brian Lowry, CNN Understandably determined not to mess with success, “Only Murders in the Building” returns with a second season that self-consciously plays to its strengths, while layering the new mystery laid out by its cliffhanger ending on top of the old one. It’s every bit as breezy and fun, with lots of
Continue ReadingBy Lisa Respers France, CNN Don’t look for Johnny Depp to return as Jack Sparrow anytime soon. A representative for Depp has denied a recent report the actor would be returning to the “Pirates of the Caribbean” franchise. “This is made up,” Depp’s spokesperson told NBC News. Additionally, Jerry Bruckheimer, who produced the “Pirates of
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