By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June, the government announced Thursday, unchanged from its previous second-quarter estimate. It marked the second consecutive quarter of economic contraction, one informal rule of thumb
Continue ReadingBy Ariane de Vogue, CNN Supreme Court Reporter Justice Samuel Alito says criticism of the Supreme Court is going too far. “It goes without saying that everyone is free to express disagreement with our decisions and to criticize our reasoning as they see fit,” Alito, who penned the decision reversing Roe v. Wade last term,
Continue ReadingBy Alicia Wallace, CNN Business The number of first-time claims for unemployment benefits dropped considerably last week, underscoring how employers are holding on tightly to workers as the labor market remains full of opportunities for job hunters. Initial claims for unemployment insurance were 193,000 for the week ended September 24, down 16,000 from a downwardly
Continue Reading By SYLVIE CORBET The Associated Press PARIS (AP) — European Union nations are continuing to import and export nuclear fuel that is not under EU sanctions on Russia. The Ukrainian government and environmental activists want the ongoing trade to end. A ship carrying uranium that departed from France was heading toward the Russian port of
Continue Reading By JON GAMBRELL and ADAM SCHRECK Associated Press KYIV, Ukraine (AP) — Russia on Friday will formally annex parts of Ukraine where separation “referendums” received approval, the Kremlin’s spokesman said, confirming the expectations of Ukrainian and Western officials who have denounced the Moscow-managed votes as illegal, forced and rigged. Four regions of Ukraine — Luhansk,
Continue Reading By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weak economy. Applications for unemployment benefits for the week ending Sept. 24 fell by 16,000 to 193,000, the Labor Department reported Thursday.
Continue ReadingBy Alicia Wallace, CNN Business The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product estimate from the Bureau of Economic Analysis released Thursday. That matches the most recent GDP estimate and shows the economy was in contraction for the entire first half of the
Continue Reading BERLIN (AP) — Germany plans to spend up to 200 billion euros helping consumers and businesses cope with the surge in energy prices. Chancellor Olaf Scholz said Thursday that the government is reactivating an economic stabilizing fund previously used during the global financial crisis and the coronavirus pandemic. Scholz said Russia’s decision to cut back
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By Aya Elamroussi, CNN Deadly Hurricane Ian — downgraded Thursday to a tropical storm as it crawls across Florida — smashed into the state’s southwestern coast on Wednesday, destroying homes and cutting power to millions. As emergency crews scramble to aid those still trapped in their homes, more than 2.5 million residences and businesses were
Continue Readingmacamilarincon (CNN) –– El ejército surcoreano detectó este jueves dos misiles balísticos de corto alcance lanzados desde la zona de Sunchon, en la provincia de Pyongan del Sur, informó el Estado Mayor Conjunto de Corea del Sur (JCS) en un comunicado. El lanzamiento se produce horas después de que la vicepresidenta de EE.UU., Kamala Harris,
Continue Reading By VESELIN TOSHKOV Associated Press SOFIA, Bulgaria (AP) — Bulgarians will go to the polls for the fourth time in less than two years in a general election overshadowed this time by the war in Ukraine, rising energy costs and galloping inflation. Pollsters expect that voters’ fatigue and disillusionment with the political system will result
Continue ReadingBy Nicole Goodkind, CNN Business The global bond market is having a historically awful year. The yield on the 10-year US Treasury bond, a proxy for borrowing costs, briefly moved above 4% on Wednesday for the first time in 12 years. That’s a bad omen for Wall Street and Main Street. What’s happening: This hasn’t
Continue ReadingJuan Pablo Elverdin (CNN) — Funcionarios de seguridad europeos observaron este lunes y martes buques de apoyo de la Armada rusa en las proximidades de las fugas en los gasoductos Nord Stream, probablemente causadas por explosiones submarinas, según dos funcionarios de inteligencia occidentales y otra fuente familiarizada con el asunto. No está claro si los
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UVALDE, Texas (AP) — Police in Uvalde, Texas, say two people were killed and 10 others injured after a pickup truck crashed into two other vehicles. Uvalde Police Chief Daniel Rodriguez says U.S. Border Patrol agents saw the truck speeding Wednesday night on a highway outside of Uvalde and began pursuing it. The police chief
Continue Reading ISLAMABAD (AP) — A court in Pakistan’s capital has acquitted the daughter of former Prime Minister Nawaz Sharif in a corruption case. Thursday’s acquittal of Maryam Nawaz in Islamabad comes four years after another anti-graft tribunal sentenced her to seven years in prison connected to the purchase of luxury apartments in London. Nawaz, who is
Continue Reading By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — Lebanon’s parliament has failed to elect a president, just weeks before incumbent President Michel Aoun’s six-year term comes to an end. Over half of the crisis-hit country’s legislators cast blank ballots and some lawmakers shuffled out of the assembly hall, breaking the quorum. Parliament Speaker Nabih Berri
Continue ReadingBy STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — Keith Ellison gave up a safe seat in Congress to run for Minnesota attorney general, saying it was his best chance to push back against the policies of Donald Trump. Now locked in a tough reelection fight, he’s arguing that he’s been far less of a partisan
Continue Reading By NICOLE WINFIELD, GANTRY MEILANA and HELENA ALVES Associated Press VATICAN CITY (AP) — A Nobel Peace Prize-winning Catholic bishop has been accused in a Dutch magazine article of sexually abusing boys in East Timor in the 1990s, rocking the Catholic Church in the impoverished nation and forcing officials at the Vatican and Bishop Carlos
Continue Readingmacamilarincon (CNN) — El huracán Ian tocó tierra como un ciclón tropical categoría 4 con vientos de 241 km/h en la costa oeste de Florida. Mientras cerca de 1,75 millones de personas enfrentaban órdenes de evacuación, las lluvias torrenciales, inundaciones y marejadas ciclónicas récord en Naples y Fort Myers dejaron a más de 2,5 millones
Continue Reading By Holly Yan, CNN Hurricane victims returning to damaged houses face a torrent of challenges — if they’re lucky enough to have a home standing at all. Flooding. Mold damage. Insurance headaches. Deadly hidden hazards. The onslaught of mental anguish and post-hurricane dangers can seem overwhelming. Here’s how victims can stay safe, get help and
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