By Walé Azeez, CNN Business Turkey’s experiment in cutting interest rates to fight inflation has sent its currency crashing to record lows this year. Now, President Recep Tayyip Erdogan is trying to prop up the lira with a raft of new unorthodox economic measures. Erdogan said the government would try to protect Turkish savers worried
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By MIKE SCHNEIDER Associated Press U.S. population growth dipped to its lowest rate since the nation’s founding during the first year of the pandemic. That’s because the coronavirus curtailed immigration, delayed pregnancies and killed hundreds of thousands of U.S. residents. Figures released Tuesday by the U.S. Census Bureau show that the U.S. grew by only
Continue Reading By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks are rising on Wall Street Tuesday after three days of losses brought on by worries over the spread of the omicron variant and lingering concerns about rising inflation. The S&P 500 rose 1.7%, the Dow Jones Industrial Average rose 1.5% and the Nasdaq rose
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By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks are rising on Wall Street Tuesday after three days of losses brought on by worries over the spread of the omicron variant and lingering concerns about rising inflation. The S&P 500 rose 1.7%, the Dow Jones Industrial Average rose 1.5% and the Nasdaq rose
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By Lisa Respers France, CNN According to Nicole Kidman, internet backlash over her casting as Lucille Ball in “Being the Ricardos” almost made her step away from the project. But a high-profile supporter helped convince her to stay on, Kidman told “Today.’ “[I’m] a human being, so there’s time when you go, ‘Gosh, maybe I’m
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By Chloe Melas If the current state of the world is not intense enough for you, perhaps travel back to the time of the Vikings in “The Northman” trailer. The star-studded cast for the upcoming revenge film features Alexander Skarsgård, Ethan Hawke, Nicole Kidman and Anya Taylor-Joy. Björk also appears in the movie.. It tells
Continue Reading NEW YORK (AP) — A jury has resumed deliberating at the sex trafficking trial of British socialite Ghislaine Maxwell. The jury in Manhattan federal court went back to work in a large room where they could spread out for coronavirus safety reasons as soon as all 12 jurors arrived Tuesday morning. They had begun their
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COUNCIL BLUFFS, Iowa (AP) — A longtime Iowa business owner convicted of using his diner in sex trafficking and drug crimes has been sentenced to 30 years in federal prison. Hershal James Ratliff of Council Bluffs was sentenced Thursday after being found guilty in July of six counts of human trafficking and one count of
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By Chloe Melas, CNN Tom Holland is a man of his word. He promised a little boy who saved his sister from a dog attack in 2020 that the young Spider-Man fan could visit the “Spider-Man: No Way Home” set and he did just that. Bridger Walker was just 6 years old when he jumped
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By Ella Nilsen, CNN Multiple independent analyses have found President Joe Biden simply can’t hit his goal of cutting greenhouse gases by 50% by the end of the decade without the clean energy provisions in Build Back Better, the President’s signature economic and climate legislation. After West Virginia Sen. Joe Manchin torpedoed the bill, experts
Continue Reading By AMY FORLITI and SCOTT BAUER Associated Press MINNEAPOLIS (AP) — The jury has resumed deliberations in the manslaughter trial of the suburban Minneapolis police officer who says she meant to use her Taser instead of her gun when she shot and killed Black motorist Daunte Wright. The jury returned Tuesday after meeting for about
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Juan Pablo Elverdin (CNN) — El icono del rock Brian May instó al público a vacunarse contra el covid-19, después de decir a sus seguidores en Instagram que lo está pasando “realmente mal” desde que dio positivo en la prueba del virus la semana pasada. En una serie de publicaciones y videos en Instagram, el
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By Faith Karimi, CNN Andy Corren could not bring his mother’s far-flung friends and family together for a funeral after her death this month. So the writer and talent manager did the next best thing: He wrote a brutally honest obituary to let them know that his “plus-sized Jewish lady redneck” mom had died. In
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By Marianne Garvey “Jagged Little Pill” has closed for good on Broadway due to the omicron variant of Covid-19. Following a number of positive cases among the cast and crew, producers confirmed the show will no longer perform on Broadway. All canceled tickets for the Broadhurst Theater performances will be refunded. “[The] drastic turn of
Continue Reading By KRISTIN M. HALL and JUSTIN PRITCHARD Associated Press The Department of Defense is overhauling how it keeps track of its millions of guns and mountains of explosives, and Congress is requiring more accountability from the Pentagon. Those are two responses to an Associated Press investigation that showed lost or stolen military weapons were reaching
Continue Reading By MICHELLE CHAPMAN AP Business Writer Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects. The Securities and Exchange Commission said Tuesday that the company violated the antifraud and disclosure control provisions of the
Continue Reading By MICHELLE CHAPMAN AP Business Writer Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects. The Securities and Exchange Commission said Tuesday that the company violated the antifraud and disclosure control provisions of the
Continue Reading LONDON (AP) — A 25-year-old man has pleaded not guilty to murdering a British lawmaker who was stabbed to death while meeting constituents. Conservative member of Parliament David Amess was attacked Oct. 15 during a routine meeting with voters in Leigh-on-Sea in eastern England. Prosecutors have charged Ali Harbi Ali, a London man with Somali
Continue Reading LONDON (AP) — A 25-year-old man has pleaded not guilty to murdering a British lawmaker who was stabbed to death while meeting constituents. Conservative member of Parliament David Amess was attacked Oct. 15 during a routine meeting with voters in Leigh-on-Sea in eastern England. Prosecutors have charged Ali Harbi Ali, a London man with Somali
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By Chris Isidore, CNN Business Nikola, the upstart electric truck maker, agreed to pay $125 million to settle Securities and Exchange Commission charges that it let its founder, Trevor Milton, defraud investors. Milton still faces federal criminal charges as well as his own SEC charges. He resigned as executive chairman in September 2020 after an
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