Russia's war in Ukraine has "redrawn the contours" of the global economy, stoking concerns of recessions and creating an urgent need to "stave off starvation" for hundreds of millions of people around the world, US Treasury Secretary Janet Yellen said…
Travel is booming, and Delta Air Lines boosted ticket prices. That helped the company weather higher fuel costs in the first quarter, and Delta believes it can turn a profit in the second quarter.The company reported an adjusted net loss…
Big banks like to stick together on major policy decisions. But as Wall Street grapples with heading back-to-work, a rare chasm is growing between the finance giants.The implications of these choices, and the resulting stratification of policies will likely ripple…
Russia's independent news network, TV Rain, shuttered its Moscow operations in early March — its newsroom empty, broadcast signal shut off.The decision followed the draconian "Fake News" law the Kremlin enacted, effectively making it a crime to report the truth…
The Academy Awards ceremony is Hollywood's biggest night, and for decades, it was one of the most watched television events each year.Not anymore. Last year the broadcast experienced record low ratings, bringing in a mere 9.8 million viewers. Just eight…
Another Boeing plane has been grounded after a fatal crash, this time in China. That may be the least of the company's problems in a crucial market.The decision to ground the Boeing model 737-800 was made by China Eastern Airlines,…
At some point during the Academy Awards ceremony Sunday night, someone will undoubtedly shower praise on the nominated films as superb additions to the art of movie-making. But more importantly, someone — probably a lot of someones, including hosts, presenters…
The Federal Reserve has already raised interest rates once this year and is likely to keep hiking them for the rest of 2022. Investors have largely brushed off worries about higher rates, with the hope that the increases will ease…
The bond market is flashing a warning sign that has correctly predicted almost every recession over the past 60 years: a potential inversion of the US Treasury note yield curve.An inverted yield curve is often seen as a signal that…
Former Federal Reserve head Alan Greenspan has a keen interest in men's underwear.Not because he's preoccupied with the evolving fashions of nether garments — rather, he sees underwear sales as a key economic predictor.Sounds weird, right? But it's just one…
Saving money can take a little extra effort: clipping coupons, searching for a promotional code, signing up for an email list....But Amazon sometimes makes us check a box to save. Huh? Those orange "coupon" banners below the price on Amazon's…
Netflix has accomplished a lot in Hollywood: It's partnered with notable filmmakers, produced buzzy hit films and launched the streaming craze that revolutionized the industry.Yet there's one coveted Tinseltown accolade Netflix hasn't received: the Academy Award for best picture.That could…
Emily Horne, the spokesperson for the National Security Council, will depart her position on March 25, a White House official said, and will be replaced at that time by Adrienne Watson, a longtime Democratic press operative who joined the NSC…
Two hours after emailing a real estate newsletter of luxury homes to thousands of ultra-wealthy clients Friday morning, Shawn Elliott, president of the ultra luxury division at Nest Seekers International, said he received three inquiries. They were not from potential…
Ukrainian President Volodymyr Zelensky told US lawmakers Saturday his country urgently needs more assistance from the US, including the establishment of a no-fly zone over Ukraine, as it fights against Russia's invasion. During an hourlong Zoom meeting Saturday morning with…
More than a week into Russia's war in Ukraine, President Joe Biden and his team at the White House are settling in for what many of them believe will become one of the defining backdrops to his presidency: A grinding…
As CNN works to debunk misinformation about the war in Ukraine, some social media accounts are working to spread misinformation about CNN's own coverage of the war.A series of phony screenshots -- screenshots supposedly depicting CNN's reporting but that are…
An attorney for Rudy Giuliani said on Thursday he's concerned the House select committee investigating January 6 won't respect his client's privilege claims after the panel asked a judge to waive attorney-client privilege in the case of another Trump lawyer.That…
Former Vice President Mike Pence on Friday condemned Republican "apologists" who have used positive language to describe Russian President Vladimir Putin amid his invasion of Ukraine, according to a source who was in the room as Pence spoke to top…
US Capitol Police Sgt. Aquilino Gonell testified Friday during the sentencing of a January 6 rioter who attacked him that day, recounting the assault, the injuries he suffered from the riot, and telling the judge he felt the rioter, Duke…
Top US and NATO officials on Friday pushed back against calls for a no-fly zone to be set up in Ukraine, warning that it could lead to a "full-fledged war in Europe" and saying they're doing what they can to…
A federal judge on Friday shut down a legal challenge to GOP Rep. Madison Cawthorn's candidacy from a group of North Carolina voters and advocacy groups who claimed that an old provision of the US Constitution banned him from running…
Vice President Kamala Harris will travel to Poland and Romania next week, the White House says, as the Biden administration continues to show support for Ukraine and the US' eastern NATO allies while Russia's invasion of Ukraine enters a dangerous…
The US Supreme Court on Friday said the federal government could invoke the state secrets privilege to protect evidence it said could harm national security, in a case brought by three Muslim men.The men are seeking to sue the government…
