By Allison Morrow, CNN Business Within the often head-scratching world of cryptocurrencies, there’s a small but growing sub-species known as “algorithmic stablecoins” that have some investors and regulators ringing alarm bells. This week, one popular so-called algo coin cratered, wiping out billions of dollars’ worth of value in just a few days. The coin, called
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By OLEKSANDR STASHEVSKYI Associated Press KYIV, Ukraine (AP) — Finland’s leaders Thursday came out in favor of applying to join NATO, and Sweden could do the same within days, in a historic realignment on the continent 2 1/2 months after Russian President Vladimir Putin’s invasion of Ukraine sent a shiver of fear through Moscow’s neighbors.
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By JOSH FUNK Associated Press OMAHA, Neb. (AP) — At the height of the pandemic, the meat processing industry worked closely with political appointees in the Trump administration to stave off health restrictions and keep slaughterhouses open even as COVID-19 spread rapidly among workers, according to a Congressional report released Thursday. The report by the
Continue Reading By JOSH FUNK Associated Press OMAHA, Neb. (AP) — At the height of the pandemic, the meat processing industry worked closely with political appointees in the Trump administration to stave off health restrictions and keep slaughterhouses open even as COVID-19 spread rapidly among workers, according to a Congressional report released Thursday. The report by the
Continue Reading By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan at its highest level since 2009. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate ticked up to 5.3% from 5.27% last week. By contrast, the average rate
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A Boone County judge approved Wednesday a final judgment in a wrongful death lawsuit filed after a deadly Columbia crash.
Continue Readingmacamilarincon (CNN) — Al menos 20 casas quedaron en medio del incendio en el área de Laguna Hills, condado de Orange en California, este miércoles, cuando un incendio forestal se propagó rápidamente y se extendió a residencias que resultaron destruidas o con daños, informó un funcionario. ¿Qué causa los incendios forestales, por qué son cada
Continue Reading By KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Five-time former Sri Lankan Prime Minister Ranil Wickremesinghe has been reappointed in an effort to bring stability to the island nation that’s engulfed in a political and economic crisis. Wickremesinghe is a contentious choice by President Gotabaya Rajapaksa and took his oath
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By Lisa Respers France, CNN “Top Gun: Maverick” director Joseph Kosinski is sharing why original female cast members from “Top Gun” were not invited to participate in the film’s sequel. In an interview with “Insider,” Kosinski said he did not consider bringing back Kelly McGillis, who played the love interest of Tom Cruise’s character, “Maverick”
Continue Reading NEW YORK (AP) — Stocks are off to another weak start on Wall Street Thursday as more declines in big technology companies weighed on the broader market. Investors got another dire readout on inflation as the government reported that wholesale prices soared 11% in April from a year earlier. The report on the producer price
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By Nicole Goodkind, CNN Business Economists, CEOs, Wall Street and Main Street are sounding the recession alarm bell. Most agree a recession could start to take shape in the United States over the next few months. The question is what shape that recession will take. Recessions and recoveries come in shapes and sizes as varied
Continue Reading By ANDREW MELDRUM and MARIA CHENG Associated Press JOHANNESBURG (AP) — The first factory to produce COVID-19 vaccines in Africa has announced that it has not received enough orders and is planning to stop production within a few weeks, in what a senior World Health Organization official described as a “failure” in efforts to achieve
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By ANDREW DAMPF AP Sports Writer ROME (AP) — Top-ranked Iga Swiatek was tested before pulling out a 6-4, 6-1 win over former No. 1 Victoria Azarenka to reach the Italian Open quarterfinals and extend her winning streak to 25 matches. Azarenka took a 3-0 lead before Swiatek won five straight games in a grueling
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By Ashley Strickland, CNN For the first time, astronomers have captured an image of the supermassive black hole at the center of our galaxy. It’s the first direct observation confirming the presence of the black hole, known as Sagittarius A*, as the beating heart of the Milky Way. Black holes don’t emit light, but the
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By Sam Fossum and Nikki Carvajal, CNN The Biden administration on Thursday mourned 1 million American deaths from Covid-19, using the occasion to again urge Congress to pass additional funding to control the pandemic. While other official tallies have placed the figure a bit short of that mark, the administration marked the moment during the
Continue ReadingJuan Pablo Elverdin (CNN) — Todas las mañanas entre el 20 de enero de 2017 y el 8 de enero de 2021 revisé la cuenta de Twitter del presidente Donald Trump. Era un paso tan importante en mi rutina como cepillarme los dientes, aunque uno que me hacía sentir mucho menos fresco. Como periodista que
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — Bonds are supposed to be the safe part of any nest egg, but they’re on pace for one of the worst years in history. The worst off investors are those who invest conservatively, favoring bonds instead of stocks in hopes of securing historically steady returns.
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Review by Brian Lowry, CNN Nimbly mixing nostalgia and full-throttle action, “Top Gun: Maverick” soars higher than it has any right to, constructing a mostly terrific sequel 36 years later (including a Covid release delay), using a good but not great movie as its jumping-off point. That might not be enough to take your breath
Continue Readingmacamilarincon (CNN Español) –– Por primera vez, los astrónomos lograron captar la primera imagen del agujero negro supermasivo en el centro de nuestra galaxia, la Vía Láctea, conocido como Sagittarius A*. El Observatorio Europeo Austral (ESO, por sus siglas en inglés) informó en un comunicado que esta imagen “proporciona una evidencia abrumadora de que el
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By Anneken Tappe, CNN Business Economists and investors are hopeful that we’re past the pandemic inflation peak, as another key price index showed a slower increase in April. The Producer Price Index, which measures wholesale inflation before goods and services reach consumers, rose 11% over the 12 months ending in April, not adjusted for seasonal
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