By PAN PYLAS Associated Press LONDON (AP) — The Bank of England kept its main interest rate unchanged at the 15-year high of 5.25% and indicated that borrowing costs will likely remain at these sort of elevated levels for a while yet especially if oil and gas prices increase sharply because of the Israel-Hamas war.
Continue ReadingBy FATIMA HUSSEIN and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is trying to increase trade with Latin America. The Democrat is meeting on Thursday with the heads of the Dominican Republic and Chile as part of a broader effort to disrupt China’s dominance in global manufacturing. Biden on Friday will welcome
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — The September jobs report was somewhat of a shocker, with a surprise 336,000 positions added — nearly double what economists had predicted. It more than surpassed the average monthly gain of 250,000 jobs from January to August of this year. But that total was likely just a short-lived
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By Sam Joseph, CNN (CNN) — After Carlos Alcaraz’s surprise exit on Tuesday, world No. 3 Daniil Medvedev also faced a shock second round defeat at the Paris Masters, losing in three sets to Bulgarian Grigor Dimitrov on Wednesday. In Medvedev’s first match of the tournament after receiving a first round bye, the 2021 US
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By Donie O’Sullivan and Allison Gordon, CNN (CNN) — False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that the latest surge in Covid-19 cases is being orchestrated by the Democratic Party ahead of the election. An obituary for a late NBA player that described
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By Amarachi Orie, CNN (CNN) — Described as The Beatles’ final song, “Now and Then” has finally been released, featuring the voice of the late John Lennon decades after he first wrote it. The track featuring the sound of every member of the British rock group was released at 2 p.m. GMT (10 a.m. ET)
Continue ReadingAnalysis by Krystal Hur, CNN New York (CNN) — 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. Investors seem to believe that the Federal Reserve is
Continue ReadingBy JINTAMAS SAKSORNCHAI Associated Press BANGKOK (AP) — Thai agricultural workers in Israel have shared the fate those killed, kidnapped or forced to run for their lives when Hamas militants stormed into Israel last month in the assault that started the latest Gaza war. Since that day nearly a month ago, more than 7,000 of
Continue ReadingBy MICHELLE CHAPMAN AP Business Writer Cedar Fair and Six Flags are merging to create an expansive amusement park operator with operations spread across 17 U.S. states and three countries. The combined company, worth more than $3.5 billion, will boast 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and
Continue Reading By Jordan Valinsky, CNN New York (CNN) — Amusement parks Six Flags and Cedar Fair are merging in an $8 billion deal that creates a theme park powerhouse across North America. The companies control 27 amusement parks and 15 water parks between them across the US, Canada and Mexico. Six Flags and Cedar Fair operate
Continue ReadingTEHRAN, Iran (AP) — Iranian media reports say Iranian soccer team Sepahan has been penalized with a 3-0 loss and a fine over a canceled Asian Champions League match against Saudi Arabia’s Al Ittihad. The match was called off last month when the Saudi team walked out at the last minute, apparently over the presence
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By Andrew Kaczynski and Em Steck, CNN (CNN) — For more than a decade, California Senate hopeful Rep. Adam Schiff has claimed his primary residence is a 3,420 square foot home he owns in Maryland, according to a review of mortgage records. At the same time, Schiff has for years taken a homeowner’s tax exemption
Continue ReadingATHENS, Greece (AP) — A leading international medical charity says it has received 50 testimonies from migrants over the past two years that point to a “recurring practice” of alleged secret, illegal and often brutal deportations back to Turkey from two eastern Greek islands. Doctors Without Borders said in a report released Thursday that the
Continue ReadingBy Alexandra Banner, CNN (CNN) — Passenger airplanes traveling eastbound across the Atlantic are knocking more than an hour off their flight times as they hit speeds exceeding 761 mph — the speed of sound. Thanks to the jet stream, some flights have reached cruising speeds around 200 mph faster than normal. Here’s what else
Continue ReadingCNN By Alexandra Banner, CNN (CNN) — Passenger airplanes traveling eastbound across the Atlantic are knocking more than an hour off their flight times as they hit speeds exceeding 761 mph — the speed of sound. Thanks to the jet stream, some flights have reached cruising speeds around 200 mph faster than normal. Here’s what
Continue Reading By George Ramsay, CNN (CNN) — Bayern Munich crashed out of the German Cup following a shock 2-1 defeat deep into stoppage time against third-tier FC Saarbrücken on Wednesday. Marcel Gaus scored the winning goal for Saarbrücken in the 96th minute, converting a low cross to spark delirium among the home fans. For Bayern, which
Continue Reading By Ben Morse, CNN (CNN) — LeBron James’ list of memorable moments throughout his NBA career has become exhaustive. And on Wednesday night, he added yet another to the highlight reel. James had 35 points, 12 rebounds and seven assistss and was the catalyst for a Lakers comeback as they overcame a 19-point deficit to
Continue Reading By Catherine Thorbecke, CNN New York (CNN) — Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement announced by the state attorney general on Thursday. New York Attorney General Letitia James announced two settlement funds totaling $328 million with rideshare
Continue ReadingBy KELVIN CHAN and JILL LAWLESS Associated Press BLETCHLEY PARK, England (AP) — British Prime Minister Rishi Sunak says achievements at the first international AI Safety Summit will “tip the balance in favor of humanity” in the race to contain the risks from rapid advances in cutting-edge artificial intelligence. Sunak said agreements struck at the
Continue ReadingMOSCOW (AP) — President Vladimir Putin has signed a bill revoking Russia’s ratification of a global nuclear test ban. Moscow said the move was needed to establish parity with the United States. Putin has said that rescinding the ratification of the Comprehensive Nuclear Test Ban Treaty would “mirror” the stand taken by Washington. The U.S.
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