New York CNN — While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s most powerful investment bank remains cautiously optimistic. Goldman Sachs told clients on Monday it still sees a 35% chance of a US recession in the next 12 months. While that is double the normal […]
CNN — The Commander of US Strategic Command, which oversees the US nuclear weapons program, warned that China is developing nuclear weapons much faster than the US and called the issue a “near-term problem,” during a speech at a closed event earlier this week. While Pentagon officials have been sounding the alarm about China’s military […]
CNN — The climate crisis is touching nearly every region of the world. But perhaps one of the most visible indicators of its impact is its effect on Earth’s iconic glaciers, a major source of freshwater supply. Glaciers have been melting at a breakneck pace in recent decades, leading to around 20% of global sea […]
CNN — The United States will work to remove Iran from the UN Commission on the Status of Women, US Vice President Kamala Harris announced Wednesday. The effort to evict Iran form the 45-member intergovernmental body comes as the Iranian government has tried to suppress nationwide protests following the death of 22-year-old Mahsa Amini in […]
New York CNN Business — They came from very different backgrounds and different parts of the country, each with different reasons for seeking a job at Starbucks. Few of these workers had given any thought to unions when they started their jobs at the coffee chain. But now they are at the center of one […]
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 — Despite a stock-market bounce in October that gave the Dow its biggest monthly […]
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 […]
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 […]
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 […]
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, […]