New York CNN Business — The Federal Reserve’s war on inflation isn’t just painful for home buyers and people with credit card debt. Uncle Sam is getting squeezed by higher borrowing costs, too. The cost to finance America’s growing mountain of debt is rising rapidly as the Fed scrambles to put out the inflation fire […]
Sao Paulo CNN — Luiz Inácio “Lula” da Silva has been elected the next president of Brazil, in a stunning comeback following a tight run-off race on Sunday. His victory heralds a political about-face for Latin America’s largest country, after four years of Jair Bolsonaro’s far-right administration. The 76-year-old politician’s win represents the return of […]
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 fourth straight supersized hike. And it’s […]
CNN — Polls opened Sunday in Brazil’s presidential election runoff between former leftist leader Luiz Inacio Lula da Silva and the far-right incumbent Jair Bolsonaro, which has seen polls tighten dramatically in recent weeks. Voting will continue until 5 p.m. in Brazil’s capital, Brasilia, with the country’s electronic ballot system confirming results about two hours […]
Editor’s Note: Frida Ghitis, (@fridaghitis) a former CNN producer and correspondent, is a world affairs columnist. She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. The views expressed in this commentary are her own. View more opinion on CNN. CNN — On […]
CNN — A Haitian politician has been shot dead outside his home, authorities have said, as international concerns intensify over the gang violence, political turmoil and humanitarian crises that have seized control of the country. Eric Jean Baptiste was killed on Friday night outside his home in the capital Port-au-Prince, local police told CNN. He […]
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 US economy grew by a 2.6% adjusted annual rate in the third-quarter, […]
Minneapolis CNN Business — The US economy grew last quarter, bouncing back after shrinking in the first half of the year. Gross domestic product — the broadest measure of economic activity — rose by an annualized rate of 2.6% during the third quarter, according to initial estimates released Thursday by the Bureau of Economic Analysis. […]
CNN — Brazil votes for a new president on Sunday, in the final round of a polarizing election that has been described as the most important in the country’s democratic history. The choice is between two starkly different candidates – the leftist former president Luiz Inacio Lula da Silva, popularly known as Lula, and the […]
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 — Imminent recession is the topic du jour. From Goldman Sachs to the IMF, […]