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The Fed's racing to raise rates, but how high remains an open bid April 28 (Reuters) - U.S. Federal Reserve officials have aligned around plans to accelerate the pace of interest rate hikes this year but remain split over what could be the make-or-break decision of where to stop to avoid dragging the economy into ...
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FDA Moves to Ban Sales of Menthol Cigarettes The proposed ban "would, among other things, improve the health and reduce the mortality risk of current smokers of menthol cigarettes or flavored cigars by substantially decreasing their consumption and increasing the likelihood of cessation," the F.D.A. ...
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McDonald's revenue tops estimates, fueled by price hikes and overseas same-store sales growth McDonald's first-quarter earnings and revenue topped Wall Street's estimates, fueled by higher prices in the U.S. and strong international sales growth. The company said the suspension of operations in Ukraine and Russia cost $127 million, ...
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Russian gas customers in Europe may accept Putin's payment terms Gas distributors in Germany and Austria told CNN Business that they were working on ways to accept a Russian ultimatum that final payments for its gas must be made in rubles, while complying with EU sanctions.
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US economy shrinks 1.4 percent in first three months of the year, raising fears of recession The pullback is a stark reversal from massive growth in 2021. ... The U.S. economy unexpectedly shrank at a 1.4 percent annualized rate in the first three months of 2022 after more than a year of rapid growth, according to a Bureau of Economic Analysis ...
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Elon Musk wants to 'authenticate all real humans' on Twitter. Here's what that could mean As the public combs through Elon Musk's Twitter (TWTR) feed for clues on how the billionaire entrepreneur intends to run the social media platform he's buying for $44 billion, one mysterious line stands out: "authenticate all real humans.".
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Study: "Legal" Hemp-Derived Delta-9 THC Edibles Are Mislabeled, Way Too Strong Whenever a bad story or a bad experience with cannabis is related, there's a good chance edibles are involved. A 10-year-old who took edibles to school, mistaking them for Easter candy; dogs stoned to sickness on careless owners' gummies; ...
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Southwest is set to return to profitability New York (CNN Business) Southwest Airlines posted a first-quarter loss, but the company said that will be the last time it loses money for a while. The airline had gone more than 11 years without a money-losing quarter and 47 straight years of annual ...
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Meta's metaverse business is losing billions, but Mark Zuckerberg says it's all part of the plan Sign up for the Fortune Features email list so you don't miss our biggest features, exclusive interviews, and investigations. Meta, formerly known as Facebook, saw its stock jump as much as 18% on Thursday after posting strong quarterly earnings.
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Moderna seeks authorization of coronavirus vaccine for youngest children Vaccine maker Moderna requested emergency use authorization Thursday of its coronavirus vaccine for babies, toddlers and young children — a highly anticipated step toward making shots available to the last group in U.S. society lacking access.
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