[ad_1] New York CNN Business — Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a potential downturn. The spread between super short-term 3-month Treasury yields and the benchmark 10-year yield briefly inverted Tuesday. That means that yields for shorter-term bonds …
Read More »Clorox recalls 37 million bottles of Pine-Sol that could contain bacteria
[ad_1] New York CNN Business — Roughly 37 million bottles of Pine-Sol products have been recalled because they could contain a potentially harmful bacteria. Clorox said some of the affected Pine-Sol products might contain a bacteria called Pseudomonas aeruginosa, which can harm people with compromised immune systems or people with …
Read More »Voters’ top concern is the economy as Democrats seek a ‘closing message’ to draw contrasts with GOP on combating inflation
[ad_1] CNN — Fifteen days from the midterm elections, new CNN polls in battleground states show that the issue at the front of voters’ minds is the economy and inflation – a reality that could tilt the outcome of key races with Democrats’ narrow House and Senate majorities in the …
Read More »Stocks soar on hopes that Fed will slow rate hikes
[ad_1] New York CNN Business — A disastrous earnings report from Snap and less than inspiring results from Dow components American Express and Verizon weren’t enough to keep the Wall Street bulls at bay Friday. Stocks surged on hopes that the Federal Reserve may soon come to the rescue by …
Read More »Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets
[ad_1] CNN — Snap’s bad year continues. Snap on Thursday reported revenue of $1.13 billion for the three months ending in September, a slight 6% increase from the year prior and less than Wall Street had expected, as the company confronts tightening advertiser budgets in an uncertain economy. In a …
Read More »How Covid prompted Singapore startups to use tech in revolutionizing mental health support
[ad_1] Singapore CNN Business — Many Asian countries introduced tougher Covid-19 restrictions than in other continents, a reality that has caused concerns about elevated levels of stress, anxiety and isolation. Now, a number of young entrepreneurs are leveraging technology to provide greater access to mental healthcare there. In July, Singapore-based …
Read More »Tesla earnings rebound but will miss 50% growth target
[ad_1] New York CNN Business — Tesla posted a solid quarter of earnings and record revenue, but now says it will fall short of its target for a 50% growth in the number of cars it sells this year. As recently as July it said it was still aiming for …
Read More »‘The School for Good and Evil’ review
[ad_1] CNN — Although immersed in fantasy, “The School for Good and Evil” gets lost in a nether realm somewhere between Disney Channel fare like “Descendants” and more epic theatricals like Harry Potter. The latest attempt to rewrite fairy tales thus squanders plenty of big-name assets, a popular book series …
Read More »‘Creed III’ trailer features Michael B. Jordan in fighting shape as Adonis
[ad_1] CNN — The first official trailer for “Creed III” has arrived. Michael B. Jordan is ready for another round in the ring. Jordan plays boxer Adonis Creed who trains with his late father Apollo’s formal rival, Rocky Balboa. The new trailer shows Adonis being challenged by Damian Anderson, played …
Read More »China’s economy is ‘in deep trouble’ as Xi heads to Communist Party congress
[ad_1] Hong Kong CNN Business — When Xi Jinping came to power a decade ago, China had just overtaken Japan to become the world’s second largest economy. It has grown at a phenomenal pace since then. With an average annual growth rate of 6.7% since 2012, China has seen one …
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