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1021. The strong dollar has an unexpected victim ... (permalink)
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score: 2, Economy, 2022-10-18 13:06:18, published by CNN
The strong dollar has been a headwind for blue chip US companies in the Dow and S&P 500 this year. [additional details]
1022. First on CNN: Next spring the economy will sink into 1990-style... (permalink)
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score: 2, Economy, 2022-10-18 13:05:51, published by CNN
Stubborn inflation and the Federal Reserve's jumbo-sized interest rate hikes will drive the American economy into a 1990-style recession starting in the spring, Fitch Ratings warned on Tuesday. [additional details]
1023. Are you a UK mortgage borrower hit hard by rising interest rates?... (permalink)
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score: 2, Economy, 2022-10-18 11:05:54, published by CNN
Millions of mortgage holders in the United Kingdom are facing large increases to their monthly payments after the government's controversial plan to slash taxes and massively increase spending spiked borrowing costs across the economy. [additional details]
1024. China congress: Beijing delays key economic figures as leaders... (permalink)
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score: 2, Economy, 2022-10-18 04:05:06, published by BBC
Closely-watched growth data for the world's second largest economy was due to be released on Tuesday. [additional details]
1025. Prosecutors: Oath Keepers spent thousands of dollars to build... (permalink)
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score: 2, Economy, 2022-10-18 01:05:53, published by CNN
Oath Keepers members spent tens of thousands of dollars in January 2021 on firearms, bullets and other equipment, according to prosecutors in Washington, DC, trying to prove members of the far-right extremist group were building an arsenal as it prepared to try to stop the peaceful transfer... [additional details]
1026. One of two winning Mega Millions lottery tickets was sold in an... (permalink)
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score: 2, Economy, 2022-10-17 20:06:01, published by CNN
One of the two winning lottery tickets in the latest Mega Millions jackpot of almost half a billion dollars was sold in an area of Florida that was battered by Hurricane Ian less than a month ago. [additional details]
1027. Walker acknowledges sending $700 check to woman who alleges he... (permalink)
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score: 2, Economy, 2022-10-17 20:05:50, published by CNN
• Political mood tilts in Republicans' favor with economy and inflation top of mind three weeks from midterms... [additional details]
1028. Pound moves higher in Asia trade after U-turns... (permalink)
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score: 2, Economy, 2022-10-17 03:05:05, published by BBC
The British currency gained 0.5% against the US dollar in early Asia trading on Monday. [additional details]
1029. Xi faces uphill battle to get China's economy back on track ... (permalink)
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score: 2, Economy, 2022-10-16 18:06:01, published by CNN
China's economy is in terrible shape. Unemployment is skyrocketing, the housing market is collapsing, and growth is stalling. Constant covid lockdowns are dragging on virtually every part of the country's economy. Swathes of the population are struggling to make ends meet. CNN's Selina Wang... [additional details]
1030. Xi Jinping's grim warning during important speech gets thundering... (permalink)
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score: 2, Economy, 2022-10-16 17:06:01, published by CNN
• Analysis: China's economy is 'in deep trouble' as Xi heads for next decade in power • Video: Here's why Xi's subtle gesture during speech worries people • Photos: 20th Communist Party Congress... [additional details]
1031. Biden administration authorizes $725 million in additional security... (permalink)
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score: 2, Economy, 2022-10-15 09:06:02, published by CNN
The Biden administration authorized an additional $725 million dollars in security aid for Ukraine Friday, as the country recovers from Russia's recent barrage of missile attacks on civilian targets. [additional details]
1032. Analysis: China's economy is 'in deep trouble' as Xi heads for... (permalink)
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score: 2, Economy, 2022-10-15 02:05:53, published by CNN
When Xi Jinping came to power a decade ago, China had just overtaken Japan to become the world's second largest economy. [additional details]
1033. Consumer prices surge and mortgage rates hit 20-year high... (permalink)
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score: 2, Economy, 2022-10-14 13:06:00, published by CNN
Consumers continue to be punished by high prices, despite aggressive Fed rate hikes. CNN economic analyst and Financial Times business columnist Rana Foroohar tells "Nightcap's" Jon Sarlin that homebuyers will still be facing steep housing costs and shoppers may need to cut down on their up... [additional details]
1034. Japanese yen touches 32-year low against US dollar... (permalink)
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score: 2, Economy, 2022-10-14 04:05:11, published by BBC
US currency jumped in value against major world currencies after higher-than-expected inflation data. [additional details]
1035. Mortgage rates hit 20-year high... (permalink)
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score: 2, Economy, 2022-10-13 16:06:04, published by CNN
After taking a breather last week, mortgage rates rose again -- moving even closer to 7%. [additional details]
1036. US inflation rises more than expected in September... (permalink)
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score: 2, Economy, 2022-10-13 15:05:10, published by BBC
Efforts to tame inflation in the US have pushed up the dollar and global borrowing costs. [additional details]
1037. OPEC could tip the world economy into recession, warns IEA... (permalink)
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score: 2, Economy, 2022-10-13 13:06:18, published by CNN
Western governments are furious after OPEC+ decided last week to slash oil production by the largest amount since the start of the pandemic. They have good reason to be upset: The cartel's actions may tip the global economy over the edge, the International Energy Agency has warned. [additional details]
1038. 2 men accused of cheating in an Ohio fishing tournament scandal... (permalink)
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score: 2, Economy, 2022-10-13 11:06:03, published by CNN
Two anglers accused of stuffing fish in an attempt to win thousands of dollars at an Ohio fishing tournament last month have been charged, authorities announced Wednesday. [additional details]
1039. China-Taiwan: Can a tech billionaire create a civilian fighting... (permalink)
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score: 2, Economy, 2022-10-13 01:05:24, published by BBC
Robert Tsao, 75, has pledged a billion Taiwan dollars to train citizens to resist a Chinese invasion. [additional details]
1040. 'A far-right QVC': Filmmaker details how Jones built his fortune... (permalink)
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score: 2, Economy, 2022-10-12 22:05:45, published by CNN
Far-right conspiracy theorist Alex Jones has made a fortune selling supplements and other products on his website, often hundreds of thousands of dollars a day. Former employees explain that he tailors stories on his talk shows to sell more. Drew Griffin reports. [additional details]
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