[ad_1] Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. New York CNN Business — In the fervor-filled days leading up to the November 16 launch of the long-awaited Artemis I mission, an uncrewed trip around the moon, some …
Read More »BOJ policy meeting: Japan decides to maintain ultra-easy policy, leaves yield curve control targets unchanged
[ad_1] Hong Kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to move away from low interest rates. The BOJ kept its yield curve control (YCC) targets unchanged …
Read More »Bank earnings fail to impress investors as recession worries rise
[ad_1] New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors were nonetheless a little disappointed at first. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase …
Read More »The US government is still trying to find ways to regulate Big Tech. He has some ideas
[ad_1] CNN — After years of hearings, reports and stalled proposals, Congress ended 2022 without taking major steps to regulate Big Tech. But a few blocks away in Washington, Jonathan Kanter is just getting warmed up. While the Justice Department’s top antitrust official has yet to file fresh lawsuits against …
Read More »The US economy added 223,000 jobs in December
[ad_1] Minneapolis CNN — The US economy added 223,000 jobs in December, according to the monthly employment report from the Bureau of Labor Statistics, capping a year of extraordinary job growth and marking the second-best year for the labor market in records that go back to 1939. The unemployment rate …
Read More »US job openings fell again in November, in sign the labor market may be loosening up
[ad_1] Minneapolis CNN — The number of available jobs in the United States totaled 10.46 million in November, according to data released Wednesday by the Department of Labor. That’s more than the 10 million total job openings that economists were expecting, according to Refinitiv, and slightly lower than the upwardly …
Read More »Consumers kept the economy hot in 2022. Now they’re losing steam
[ad_1] Minneapolis CNN — For a year that held promise of a return to normalcy, 2022 threw plenty of curve balls at the American consumer. Supply chains remained in disarray as ongoing snarls were drastically worsened by lockdowns in China and Russia’s invasion of Ukraine, average US gas prices shot …
Read More »Brexit has cracked Britain’s economic foundations
[ad_1] London CNN — It’s been two years since former Prime Minister Boris Johnson signed his Brexit trade deal and triumphantly declared that Britain would be “prosperous, dynamic and contented” after completing its exit from the European Union. The Brexit deal would enable UK companies to “do even more business” …
Read More »The US economy grew much faster than previously thought in the third quarter
[ad_1] New York CNN — America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation t is having only limited impact. The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest …
Read More »Exclusive: Biden task force investigating how US tech ends up in Iranian attack drones used against Ukraine
[ad_1] Washington CNN — The Biden administration has launched an expansive task force to investigate how US and western components, including American-made microelectronics, are ending up in Iranian-made drones Russia is launching by the hundreds into Ukraine, multiple officials familiar with the effort tell CNN. The US has imposed tough export control …
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