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Amid Forecasts of Recession, Bank of England Raises Interest Rates

With inflation above 10 percent, the central bank ramped up its fight against price increases even as it predicted a “prolonged” recession.  » mehr lesen

CNBC Cancels Shepard Smith’s Show in Move Away From General News

Mr. Smith joined CNBC in 2020 after leaving his longtime home on Fox News, where he was a reliably nonpartisan presence.  » mehr lesen

Clean Energy Tax Break Draws Scrutiny of Natural Gas Plan in New Mexico

A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has...

Britain Takes Sides Over a Chocolate Bar That Is Often a Sad Holiday Leftover

Bounty, a chocolate-coconut concoction similar to Mounds, will be left out of some Celebrations holiday assortments this year, stirring a national debate.  » mehr lesen

China Is Burning More Coal, a Growing Climate Challenge

The country’s emissions of greenhouse gases rose last year at the fastest pace in a decade. Beijing is looking for alternatives.  » mehr lesen

As Dollar Strengthens, U.S. Students in Europe Feel the Benefits

The pound and the euro are trading at decades-long lows against the dollar. For American students abroad, that has made weekend trips, dinners and theater tickets (somewhat) less of a splurge.  » mehr...

Stocks Drop As Fed Leaves Investors Uncertain About Rates

Jerome H. Powell, the Federal Reserve chair, said the central bank “still has a ways to go” before it will be done raising interest rates, and that rates may go higher than...

Attorneys General Sue to Stop Dividend Tied to Kroger-Albertsons Deal

The suit could portend other regulatory battles to come as the supermarket chains look to close their nearly $25 billion merger.  » mehr lesen

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