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By Rachel Janfaza, Melissa Holzberg DePalo, Ethan Cohen, Clara Grudberg and Nicholas Anastacio, CNN It’s primary election day in Vermont, Connecticut, Minnesota and Wisconsin. Vermont is on the edge of history as the state prepares to send a woman to Congress for the first time, there’s a competitive Republican gubernatorial race in Wisconsin and a
Continue ReadingBy Paul R. La Monica, CNN Business Crypto brokerage Coinbase has been hit hard by the meltdown in bitcoin prices this year. The stock has plunged 65% so far in 2022. And the company’s latest earnings, due out after the closing bell Tuesday, are likely to be miserable. Wall Street is forecasting a more than
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WASHINGTON (AP) — President Joe Biden on Tuesday signed a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China. Flanked by scores of lawmakers, union officials, local politicians and business leaders, Biden feted the legislation, a core part of his economic agenda that will
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macamilarincon (CNN Business) –– Los consumidores en Estados Unidos, presionados por una fuerte inflación, han dejado de adquirir cortes caros de carne de res y los cambian por el pollo más barato en los supermercados. No es solo el precio de los alimentos y el combustible. La inflación está afectando a casi todo Tyson, el
Continue Reading Several countries in Europe dependent on Russian energy are suffering another blow with confirmation that oil shipments have stopped through a critical pipeline. Russia’s state pipeline operator, Transneft, said it had stopped shipments through the southern branch of the Druzhba oil pipeline, which flows through Ukraine to the Czech Republic, Slovakia and Hungary. Transneft cited
Continue ReadingBy Tierney Sneed and Katelyn Polantz, CNN A federal appeals court on Tuesday signed off on a House Ways and Means Committee request to obtain former President Donald Trump’s tax returns from the Internal Revenue Service. The 3-0 ruling from the DC Circuit Court of Appeals is a blow to Trump, who has argued for
Continue Reading By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company has now bought up more than $11 billion worth of Occidental Petroleum stock this year to give Berkshire Hathaway control of more than 20% of the oil producer. Occidental’s stock jumped nearly 5% Tuesday to trade for $62.89 after Buffett revealed his
Continue ReadingBy Tami Luhby, CNN When Senate Democrats crafted their legislation to lower drug prices, they wanted two main measures to encompass both the private insurance and Medicare markets. However, in the end, they were forced to limit the provisions — restricting the growth of drug prices to inflation and placing a $35 cap on insulin
Continue ReadingCNN, CNN BUSINESS By Tami Luhby and Katie Lobosco, CNN The Democrats’ budget reconciliation package, which contains several landmark climate and health care provisions, was signed into law by President Joe Biden Tuesday. The House passed the legislation, titled the Inflation Reduction Act, Friday after being approved by the Senate on August 7 on a
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By NICOLE WINFIELD Associated Press ROME (AP) — A Vatican cardinal marked the 80th anniversary Tuesday of the gas chamber killing of the Jewish-born Catholic convert Edith Stein by celebrating a Mass near the former Auschwitz death camp and telling the story of his own family’s Jewish origins and their fate under the Nazis. Michael
Continue Reading BEIJING (AP) — The top South Korean and Chinese diplomats have pledged to develop closer relations and maintain stable industrial supply chains at a time of deepening rivalry between Beijing and Washington. South Korea is struggling to strike a balance between Washington and the increasingly assertive foreign policy of Chinese President Xi Jinping’s government. Foreign
Continue Reading By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Kenya is seeing lower voter turnout in an unusual presidential election as some voters cite little hope of change. A longtime opposition leader who is backed by the outgoing president faces the deputy president who styles himself as the outsider. The electoral commission says turnout was
Continue Reading By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Kenya is seeing lower voter turnout in an unusual presidential election as some voters cite little hope of change. A longtime opposition leader who is backed by the outgoing president faces the deputy president who styles himself as the outsider. The electoral commission says turnout was
Continue ReadingOpinion by Sarah Anderson and Rebekah Entralgo for CNN Business Perspectives Imagine if America’s ultra-wealthy invested the financial gains they made during the pandemic in affordable housing, child care centers or any of our country’s other urgent human needs. As of May, US billionaires had seen their wealth rise by more than $1.7 trillion —
Continue ReadingBy Marilyn Deutsch Click here for updates on this story PORTLAND, Oregon (KPTV) — During the seven-day heat wave in Portland, a huge branch of an oak tree broke and fell in the Eastmoreland neighborhood, taking down powerlines with it. It looks like the heat may have caused the tree to explode. The tree, estimated
Continue Reading ROME (AP) — Italy’s most decorated resistance fighter against fascist and Nazi forces during World War II has died at age 103. The Rome chapter of the National Partisans Association of Italy said Mario Fiorentini died at a Rome hospital on Tuesday. During the war, Fiorentini commanded a group of partisans that fought the regime
Continue Reading By CHINEDU ASADU Associated Press ABUJA, Nigeria (AP) — Nigeria’s top military officer says the suspected gunmen who attacked a church in southwestern Nigeria in June and killed dozens of worshippers have been arrested. The arrests came two months after the attack at the St. Francis Catholic Church in Ondo state which left 40 dead.
Continue Reading By HOWARD FENDRICH AP Tennis Writer Saying “the countdown has begun,” 23-time Grand Slam champion Serena Williams announced Tuesday she is ready to step away from tennis so she can turn her focus to having another child and her business interests, presaging the end of a career that transcended sports. In an essay released Tuesday
Continue Reading By SIBI ARASU Associated Press BENGALURU, India (AP) — On the heels of finalizing its updated climate targets, the Indian government took another step toward their climate goals by passing amendments to a 21-year-old energy conservation bill, which makes it easier to put a price on carbon emissions and encourages the use of non-fossil fuel
Continue Reading By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — Powerful explosions rocked a Russian air base in Crimea and sent towering clouds of smoke over the landscape Tuesday in what may mark an escalation of the war in Ukraine. At least one person was killed and several others were wounded, authorities said. Russia’s Defense Ministry
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