Inflation is soaring, markets are down and savings rates are still very low. But there’s one investment that offers a nearly 10% return for the next several months. But you’d need to act quickly. Until the end of this month, you have a chance to lock in a 9.62% rate for six months, October through […]
Washington CNN — The Iran nuclear deal is “not our focus right now,” US State Department spokesperson Ned Price said Wednesday, noting the administration was instead focusing on supporting the protesters in Iran as efforts to restore the nuclear deal have hit yet another impasse. “The Iranians have made very clear that this is not […]
London CNN Business — The Bank of England is struggling to contain a crisis triggered by the UK government’s brash plans to borrow heavily to pay for tax cuts, feeding fears that the country’s financial markets could once again spin out of control. Almost 20 days after Finance Minister Kwasi Kwarteng unveiled his much-criticized plan […]
London CNN Business — Pension funds are designed to be dull. Their singular goal — earning enough money to make payouts to retirees — favors cool heads over brash risk takers. But as markets in the United Kingdom went haywire last week, hundreds of British pension fund managers found themselves at the center of a […]
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN — The Islamic regime in Iran has ruled for decades with fear and intimidation. Outrage at the death of Mahsa Amini, a 22 year-old who died after being detained by Iran’s morality […]
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 Business — The White House isn’t very happy with OPEC’s decision to slash oil production […]
London CNN Business — OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections. The group of major oil producers, which includes Saudi Arabia and […]
CNN — As protesters took to the streets of Iran following the death in detention of Mahsa Amini, a 22-year-old woman apprehended for apparently not wearing her hijab properly, videos of the uprising began to flood the internet. Clips of students tearing up pictures of the Ayatollah in northern Iran. Photos of women removing their […]
Brisbane, Australia CNN — A highly anticipated sexual assault trial began in Australia Tuesday in a case that has raised questions about the culture in the nation’s Parliament and the actions of ministers when the claims emerged. Former Liberal Party staffer Bruce Lehrmann has pleaded not guilty to sexual intercourse without consent relating to the […]
São Paulo, Brazil CNN — Brazilians woke up to four more weeks of campaigning after a presidential vote on Sunday destined frontrunners Luiz Inácio “Lula” da Silva and Jair Bolsonaro to a second round run-off later this month. Results released Monday by Brazil’s Superior Electoral Court (TSE) showed left-wing candidate and former president da Silva […]