[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its …
Read More »Opinion: The IRS failed to make an important tax change for working parents
[ad_1] Editor’s Note: Kara Alaimo, an associate professor in the Lawrence Herbert School of Communication at Hofstra University, writes about issues affecting women and social media. She was spokeswoman for international affairs in the Treasury Department during the Obama administration. The opinions expressed in this commentary are her own. View …
Read More »America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive
[ad_1] New York CNN Business — The relationship between the United States and Saudi Arabia is one of the most important on the planet. And lately, it’s also been one of the most awkward. Angry officials in Washington vowed “consequences” after Saudi-led OPEC sharply cut oil production earlier this month, …
Read More »Biden to sharpen closing message in upstate New York by accusing Republicans of raising costs for Americans
[ad_1] CNN — President Joe Biden will step up his effort to paint Republicans as a threat to Americans’ pocketbooks in a speech from upstate New York on Thursday, a closing argument that focuses less on his own accomplishments and more on what the GOP might do if they take …
Read More »Pound seesaws as Rishi Sunak prepares to confront economic challenges
[ad_1] London CNN Business — Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting stability after a period of historic political and financial market chaos. But his other task — shepherding the country through a recession — is poised to be just as …
Read More »Rep. Nancy Mace said she supports Kevin McCarthy’s debt ceiling strategy to force spending cuts
[ad_1] CNN — Rep. Nancy Mace on Sunday said she supports Republican Leader Kevin McCarthy’s strategy of refusing to lift the debt limit, if Republicans win back the House, unless Democrats in the White House agree to spending cuts. “And I can tell you, I sit on the Oversight Committee, …
Read More »Democrats predict an ‘extremely busy’ lame duck. Here’s what’s on the agenda
[ad_1] CNN — A packed legislative to-do list awaits Congress when it returns to session after the midterms – and Democrats, who currently control both chambers, will face a ticking clock to enact key priorities if Republicans win back the House or manage to flip the Senate in the upcoming …
Read More »How Liz Truss’ term as British prime minister went from bad to worse
[ad_1] CNN — When she took the keys to 10 Downing Street in the wake of Boris Johnson’s political demise, Liz Truss promised to “ride out the storm” of Britain’s economic crisis. Just over six weeks later, she was engulfed by a hurricane of her own making. It was a …
Read More »Liz Truss Fast Facts | CNN
[ad_1] CNN — Here’s a look at the life of Liz Truss, prime minister of the United Kingdom. Birth date: July 26, 1975 Birth place: Oxford, England Birth name: Mary Elizabeth Truss Father: John Kenneth Truss, math professor Mother: Priscilla (Grasby) Truss, nurse and teacher Marriage: Hugh O’Leary (2000-present) Children: …
Read More »Treasury Department will assess how extreme weather is increasing insurance rates
[ad_1] CNN — The Treasury Department announced on Tuesday it is launching an assessment of worsening extreme weather and its impact on the cost of insurance. As climate change is making storms stronger and more destructive, Treasury officials told CNN they want to take a hard look at how climate-related …
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