[ad_1] New York CNN Business — Several grocery items have gotten more expensive this year. But nothing comes close to the rise in egg prices. In the year through November, not adjusted for seasonal swings, egg prices jumped 49%, according to data from the Bureau of Labor Statistics. Since early …
Read More »Why Southwest is melting down
[ad_1] New York CNN — A punishing winter storm that dumped multiple feet of snow across much of America led to widespread flight cancellations over the Christmas holiday. By Monday, air travel was more or less back to normal – unless you booked your holiday travel with Southwest Airlines. More …
Read More »China adds billions to its 2021 GDP estimate, but its economy is facing a big test this year
[ad_1] Hong Kong CNN — China’s gross domestic product (GDP) for 2021 was over half a trillion yuan more than initially calculated, official data revealed Tuesday. The update comes at a time the world’s second-largest economy faces severe strain from an unprecedented wave of Covid infections sweeping the country. The …
Read More »Opinion: Will artificial intelligence end my writing career?
[ad_1] Editor’s Note: Peter Bergen is CNN’s national security analyst, a vice president at New America and a professor of practice at Arizona State University. Bergen is the author of “The Cost of Chaos: The Trump Administration and the World.” The views expressed in this commentary are his own. View …
Read More »Winter storm death toll rises to 25 in Erie County, New York, as residents remain trapped under feet of snow
[ad_1] CNN — [Breaking news update at 9:47 a.m. ET] At least 25 people have died in Erie County, New York, as a result of a massive winter storm that blasted much of the US, county executive Mark Poloncarz said in a news conference Monday, citing the findings of the …
Read More »Mike Sievert of T-Mobile is the CNN Business CEO of the Year
[ad_1] New York CNN — Investors saw a lot of red in 2022. But a company known for its magenta logo was a stock market darling this year. Shares of T-Mobile (TMUS) rose about 20% in 2022, even as rivals AT&T (T) and Verizon (VZ) tumbled. Ma Bell was down …
Read More »Beijing to distribute Pfizer antiviral drug as Covid wave overwhelms health system
[ad_1] Beijing CNN — Beijing will begin distributing Pfizer’s Covid-19 drug Paxlovid to the city’s community health centers in the coming days, state media reported Monday. The report comes as the city grapples with an unprecedented wave of infections that has severely strained its hospitals and emptied pharmacy shelves. The …
Read More »Covid-19: China’s surge in cases hits factories and consumer market
[ad_1] Hong Kong CNN — China’s economy is under severe strain as a wave of Covid cases sweeps across the country. Since the world’s second largest economy drastically eased its Covid restrictions earlier this month, there has been no clear data on the extent of the virus’ spread on the …
Read More »China sends 47 aircraft across Taiwan Strait in new ‘strike drill’
[ad_1] Taipei, Taiwan CNN — China sent 47 aircraft across the median line of the Taiwan Strait on Sunday, its largest incursion into Taiwan’s air defense zone in recent months, as Beijing steps-up efforts to normalize aggressive military operations around the self-ruled island. The incursions, part of a so-called “strike …
Read More »Around 14,000 customers impacted after substations in Tacoma vandalized by burglars
[ad_1] CNN — Around 14,000 customers in Puyallup and Graham, Washington, were impacted Sunday after burglars vandalized three power substations belonging to Tacoma Public Utilities and Puget Sound Energy, police said. No suspects are in custody at this time, the Pierce County Sheriff’s Department added in a statement Sunday. The …
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