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By Hanna Ziady, CNN London (CNN) — The war between Israel and Hamas is unlikely to have a significant impact on the global economy, US Treasury Secretary Janet Yellen said Wednesday. “While we are monitoring potential economic impacts from the crisis [in Israel], I’m not really thinking of that as a major driver of the
Continue ReadingBERLIN (AP) — Germany’s government says it expects the country’s economy to shrink by 0.4% this year. The German government joined a string of other forecasters on Wednesday in revising sharply downward its outlook for Europe’s biggest economy. The revised forecast contrasted with the 0.4% growth that the government predicted in late April. The Economy
Continue ReadingBy Richard Quest and Joe Minihane, CNN (CNN) — It’s a place that oozes sophistication, bonne humeur and joie de vivre, conjuring up an air of elegance unlike anywhere else on Earth. This is the Côte d’Azur, the grand dame destination for European vacations. Stretching from Cassis to Menton in the far southeast of France,
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN Business) — The latest Powerball jackpot has jumped to $1.73 billion as the prize becomes the second largest in the lottery’s history. But in 1987 when Lotto America, the precursor to Powerball, was introduced, organizers prohibited jackpots of more than $80 million. “There were concerns about what you
Continue ReadingVIGO, Spain (AP) — Officials say three children and an adult have died and nine others were injured in a fire in an apartment building believed to be occupied by squatters in Spain’s northwestern city of Vigo. Spain’s state news agency Efe says the dead included a woman and three of her children. Efe said
Continue ReadingBy JOSEPH KRAUSS and WAFAA SHURAFA Associated Press JERUSALEM (AP) — Palestinians in the sealed-off Gaza Strip struggled to find any safe area Wednesday, as Israeli strikes demolished entire neighborhoods, hospitals ran low on supplies and the territory’s only power plant ran out of fuel, deepening the misery of a war sparked by a stunning
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By Ashley Strickland, CNN (CNN) — On Saturday, an annular solar eclipse will create a scintillating “ring of fire” in the skies across the Americas. Astronomers are encouraging everyone within the 125-mile-wide (201-kilometer-wide) eclipse path stretching over North, Central and South America to enjoy this rare sight for the last time until 2046 — but
Continue ReadingBy HOLLY RAMER Associated Press CONCORD, N.H. (AP) — The first candidate has arrived at the New Hampshire Statehouse as the filing period for the state’s presidential primary gets underway. Mark Stewart Greenstein arrived at 6:30 a.m. Wednesday. The Democrat from West Hartford, Connecticut, says he plans to be on the ballot in five states.
Continue ReadingLONDON (AP) — Buckingham Palace says King Charles III will travel to Kenya later this month. His state visit from Oct. 31 to Nov. 3 holds great symbolism since his mother, the late Queen Elizabeth II, learned she had become queen while visiting a game preserve in the East African nation in 1952. The trip
Continue ReadingBy MICHELLE CHAPMAN AP Business Writer Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion to the acquisition, leaving no doubt of the Texas
Continue ReadingBy HILLEL ITALIE AP National Writer NEW YORK (AP) — Salman Rushdie has a memoir coming out about the horrifying attack that left him blind in his right eye and with a damaged left hand. “Knife: Meditations After an Attempted Murder” will be published April 16. “This was a necessary book for me to write:
Continue ReadingBy Anna Cooban, CNN London (CNN) — Shares of LVMH fell as much as 8% Wednesday after the luxury goods conglomerate said revenue growth in the third quarter was much slower than in the first half of the year. The French company posted earnings late Tuesday that it said showed sales were returning to pre-pandemic
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Drinking bad coffee is just one of the many downsides of flying. Alaska Airlines thinks it has a solution. Alaska has created a custom blend with Portland-based roaster Stumptown to make a coffee that’s immune from the altitude-changing effects that airborne-served coffee typically creates, including tasting bitter
Continue ReadingBy ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street pointed slightly higher early Wednesday as falling bond yields continued to take pressure off stocks. Futures for the S&P 500 and the Dow Jones Industrial Average each rose about 0.3%. Investors have taken heart from signs that upward pressure on inflation in many economies
Continue ReadingBy SAM MEDNICK Associated Press COTONOU, Benin (AP) — The French military says it’s begun withdrawing from Niger following the July coup when mutinous soldiers toppled the country’s democratically elected president. More than 100 troops left in two flights from the capital Niamey on Tuesday in the first of what will be several rounds of
Continue ReadingBy Matt Egan and Anna Bahney, CNN New York (CNN) — Sheila Bair, who had a front row seat to the subprime mortgage meltdown, is worried today’s housing market is unsustainably hot. The median home price of an existing home stood at just $278,200 in August 2019, according to the National Association of Realtors. That
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Gonzalo Jimenez (CNN Español) — La Fiscalía de Paraguay abrió este lunes una causa penal para determinar la veracidad del testimonio de Francisco Luis Correa Galeano, testigo clave en el caso del homicidio del fiscal Marcel Pecci, que acusó al expresidente Horacio Cartes de ser uno de los autores intelectuales del crimen. Galeano, quien se
Continue ReadingBy Ben Church, CNN (CNN) — Soccer legend Wayne Rooney has been announced as the new manager of Birmingham City, the English club that NFL icon Tom Brady owns a minority stake in. Rooney left his position at Major League Soccer (MLS) side D.C. United by mutual consent on Sunday, but has jumped straight back
Continue ReadingBy Chris Isidore, CNN New York (CNN) — ExxonMobil has agreed to buy Pioneer Natural Resources, a major shale oil producer in the deal that will more than double Exxon’s footprint in the Permian Basin in the Southwest United States. Though it’s the largest US oil company, ExxonMobil was relatively slow to develop shale oil
Continue ReadingBy MARK SHERMAN Associated Press WASHINGTON (AP) — The Supreme Court is taking up a congressional redistricting case from South Carolina that could shape the fight for partisan control of the House of Representatives. Arguments taking place at the high court Wednesday will focus on a coastal district held by Republican Rep. Nancy Mace. A
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