Tag Archives: CNN

Inflation data shows US prices were still uncomfortably high last month | CNN Business

Inflation data shows US prices were still uncomfortably high last month | CNN Business

Minneapolis CNN Business  —  New inflation data shows that US prices were still uncomfortably high last month, despite aggressive action from the Federal Reserve to rein in decades-high inflation. The Personal Consumption Expenditures Index, which measures prices paid by consumers for goods and services, climbed by by 0.3% from August …

Read More »

The US economy bounced back last quarter after shrinking in the first half of the year | CNN Business

The US economy bounced back last quarter after shrinking in the first half of the year | CNN Business

Minneapolis CNN Business  —  The US economy grew last quarter, bouncing back after shrinking in the first half of the year — but there are indications that consumer spending, which powers the US economy, is starting to soften. Gross domestic product — the broadest measure of economic activity — rose …

Read More »

Hong Kong stocks plunge 6% as fears about Xi’s third term trump China GDP data | CNN Business

Hong Kong stocks plunge 6% as fears about Xi's third term trump China GDP data | CNN Business

Hong Kong CNN Business  —  Hong Kong stocks had their worst day since the 2008 global financial crisis, just a day after Chinese leader Xi Jinping secured his iron grip on power at a major political gathering. Foreign investors spooked by the outcome of the Communist Party’s leadership reshuffle dumped …

Read More »

Giorgia Meloni sworn in as Italy’s prime minister. Some fear the hard-right turn she’s promised to take | CNN

Giorgia Meloni sworn in as Italy's prime minister. Some fear the hard-right turn she's promised to take | CNN

Rome CNN  —  Giorgia Meloni, the hard-right leader who was sworn in as Italy’s first female prime minister on Saturday, won the election on a campaign built around a promise to block migrant ships and support for traditional “family values” and anti-LGBTQ themes. Meloni was sworn in by the Italian …

Read More »

Imran Khan disqualified from holding office for five years, Pakistan’s election commission rules | CNN

Imran Khan disqualified from holding office for five years, Pakistan's election commission rules | CNN

Islamabad, Pakistan CNN  —  Pakistan’s former Prime Minister Imran Khan will be disqualified from holding political office for five years, the Election Commission of Pakistan (ECP) ruled on Friday, a move likely to further inflame political tensions in the country. While reading out the recommendation, ECP chief Sikandar Sultan Raja …

Read More »