Editor’s Note: This is an updated version of a story that originally ran on February 1, 2023. New York CNN — After two weeks of banking turmoil, the Federal Reserve on Wednesday continued its bid to beat down inflation by raising its key interest rate again, the ninth such hike over the past year. That […]
Paris CNN — France’s powerful unions are coming out in force for a nationwide strike Thursday in a rejection of a controversial retirement age reform that the government pushed through parliament last week without a vote. Though sporadic, sometimes unruly demonstrations have popped up in Paris and other cities across France since the bill’s passage, […]
CNN — An investigative journalist who detailed allegations of sexual abuse and harassment against the former Haitian Football Federation (FHF) president is now facing a defamation lawsuit designed to gag him, his lawyer tells CNN Sport. French journalist Romain Molina – who wrote news stories detailing the allegations against former FHF president Yves Jean-Bart to […]
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations opening and closing, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. CNN — Amsterdam’s Schiphol Airport, one of Europe’s busiest aviation hubs, is to be forced to limit […]
New York CNN — Right now, $250,000 seems to be the number on everyone’s minds. That’s the Federal Deposit Insurance Corporation’s standard limit, meaning any bank deposits up to that amount are protected by the independent government agency. Before the recent collapse of Silicon Valley Bank and Signature Bank, most Americans were not worried about […]
CNN — The world is facing a looming global water crisis that threatens to “spiral out of control” as increased demand for water and the intensifying impacts of the climate crisis put huge pressure on water resources, a UN report has warned. Water use has increased by about 1% a year over the last 40 […]
Cibola, Arizona CNN — Situated in the Sonoran Desert near the Arizona-California border is the tiny rural town of Cibola – home to roughly 300 people, depending on the season. Life here depends almost entirely on the Colorado River, which nourishes thirsty crops like cotton and alfalfa, sustains a nearby wildlife refuge and allows visitors […]
London CNN — UK consumer prices jumped by 10.4% in February compared with a year ago, as food inflation hit its highest level in more than 45 years, and as the cost of visiting restaurants and hotels increased, official data showed Wednesday. Food prices soared 18.2% through the year to February, the sharpest rise since […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Federal Reserve officials have a difficult path ahead of them. They still have work […]
New York CNN — The Federal Reserve and its chairman, Jerome Powell, are facing a legacy-defining moment as their two-day monetary policy meeting concludes on Wednesday. The mission? Slay the inflation dragon without singeing the banking system. Among the choices, the Fed could continue its aggressive rate-hike campaign to cool inflation that is running at […]