The Fed needs to stop raising rates now, former FDIC chair says after Silicon Valley Bank failure | CNN Business
New York CNN — Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of...
Economic policy
The US economy added 311,000 jobs in February, outpacing expectations | CNN Business
Minneapolis CNN — The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the...
The Fed wants to limit wage growth. That’s particularly bad for women | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Bank of Japan keeps low rates as Kuroda sticks to script at swan song meeting | CNN Business
Tokyo Reuters — The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to...
All this good economic news might actually be bad news for average Americans | CNN Business
New York CNN — The US economy has been remarkably resilient, defying a year’s-worth of recession calls. From the labor...
Australia’s central bank signals more tightening ahead after hiking rates to decade high | CNN Business
Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on...
Larry Summers: More likely the Fed can pull off a soft landing, but don’t get hopes up | CNN Business
New York CNN — After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more...
Blackouts and soaring prices: Pakistan’s economy is on the brink | CNN Business
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next...
Europe could dodge a recession. But the UK is in a mess | CNN Business
London CNN — Business activity across the 20 countries that use the euro expanded in January for the first time...
Inflation in Japan hits highest level in 41 years | CNN Business
Tokyo Reuters — Japan’s core consumer prices in December rose 4.0% from a year earlier, double the central bank’s 2%...
Why Egypt is asking its people to eat chicken feet | CNN Business
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
Here’s what will drive markets this year | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Here’s what could tip the global economy into recession in 2023 | CNN Business
London CNN — The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central...
First on CNN: Defense bill takes aim at Russia’s pot of gold | CNN Business
New York CNN Business — A must-pass defense bill now being negotiated in Congress includes new sanctions designed to trip...
‘Not how you treat friends.’ Biden’s climate plan strains trade ties with Europe | CNN Business
London CNN Business — The world’s biggest economic relationship has hit a rough patch. The European Union and United States...
Land O’Lakes CEO Beth Ford, from the cornfield to the C-suite | CNN Business
Beth Ford’s first job paid $2 an hour. Early in the morning, she climbed on the school bus to go...
