London CNN — The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without tipping the global economy into recession, but it…
Read more The IMF sees greater chance of a ‘soft landing’ for the global economy | CNN BusinessWashington, DC CNN — US retail sales picked in August, boosted by higher gas prices, as spending on other items grew modestly. Retail sales, which are adjusted for…
Read more US retail spending picked up in August, mostly due to sales at gas stations | CNN BusinessA 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…
Read more Hurricane Idalia and Labor Day could send gas prices and inflation higher | CNN BusinessMinneapolis CNN — US wholesale inflation rose more than expected in July, reversing a yearlong cooling trend, the Bureau of Labor Statistics reported Friday. The Producer Price Index,…
Read more US wholesale inflation rose more than expected in July | CNN BusinessNew York CNN — US oil prices dropped below $70 a barrel Tuesday on concerns about whether the debt ceiling deal will make it through Congress and on…
Read more US oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions | CNN BusinessLondon CNN — Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s talk of recession in the United States. Yet Europe’s economic prospects have…
Read more European Union upgrades outlook for economy as energy prices retreat | CNN BusinessA 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…
Read more What the OPEC cuts mean for Putin and Russia | CNN BusinessHong Kong/Atlanta CNN — Oil prices spiked during Asian trade Monday after OPEC+ producers said they would cut production in a surprise move. Brent crude, the global benchmark,…
Read more Oil prices surge after OPEC+ producers announce surprise cuts | CNN BusinessLondon CNN — Inflation in Europe has fallen to its slowest pace in more than a year, though stark signs of persistent underlying pressure on prices will complicate…
Read more Key inflation gauge in Europe hits record high even as overall price rises slow sharply | CNN BusinessLondon CNN — Russia will cut crude oil production by half a million barrels per day starting in March, a little over two months after the world’s major…
Read more Russia to cut oil output by 5% as sanctions bite | CNN BusinessA 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…
Read more Here’s what keeps Jerome Powell up at night and interest rates high | CNN BusinessHong Kong CNN — BP’s annual profit more than doubled last year to nearly $28 billion, extending a record run of earnings for the world’s oil majors that…
Read more BP’s annual profit more than doubles to $28 billion | CNN BusinessHong Kong/London CNN — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year after oil and…
Read more Shell profits double to record $40 billion | CNN BusinessNew York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the…
Read more Chevron earnings soar to a record | CNN BusinessNew York CNN — It’s been a tough year for US consumers, who battled decades-high inflation for the majority of the year and even saw gas prices hit…
Read more What got really expensive this year, and what got cheaper | CNN BusinessNew York CNN — US drivers have never seen a year quite like 2022. Wild price swings at the gas pump throughout the year make predicting prices for…
Read more Gas prices had a wild ride this year, making 2023 tough to predict | CNN BusinessNew York CNN — Oil stocks skyrocketed in 2022, so it’s no surprise funds that track the energy sector were Wall Street winners this year. But the top…
Read more Oil and Turkish stocks were 2022 market winners. Russia funds and crypto tanked | CNN BusinessLondon CNN — In a community center in central London, a young child plays in a makeshift area as her caregiver rocks her stroller and chats to a…
Read more ‘Life or death.’ As Britons buckle under the cost of living crisis, many resort to ‘warm banks’ for heat this winter | CNNA 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…
Read more Why we think we’re in a recession when the data says otherwise | CNN BusinessNew York CNN Business — The US trade gap edged only slightly higher in October than the month before, to $78.2 billion. The latest reading was up just…
Read more US trade deficit edged up to $78.2 billion in October | CNN Business
