U.S. Inflation Eased in November, CPI Report Shows
U.S. inflation eased significantly to 7.1% in November, its slowest pace since the end of 2021, the Labor Department said...
politics
South African President Ramaphosa will not be impeached over cash-in sofa scandal | CNN
Johannesburg CNN — South African President Ramaphosa survived a move to start impeachment proceedings against him in a vote in...
European Parliament vice president expelled by party amid corruption probe involving Gulf nation | CNN
CNN — Eva Kaili, one of the European Parliament’s vice presidents, has been expelled by her political party in Greece...
Indian Prime Minister Modi’s party wins sweeping victory in Gujarat state elections | CNN
New Delhi CNN — India’s ruling Bharatiya Janata Party (BJP) scored a landslide election win in Prime Minister Narendra Modi’s...
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Exxon Holds Firm on Its Five-Year Spending Outlook
The oil company is resisting the Biden administration’s call for more investment to expand production and curb pump prices. Source...
TikTok Is Sued by State of Indiana, Accused of Targeting Young Teens With Adult Content
TechSuits come as states push back against the platform, citing worries over its influence on children and security concerns related...
EU Sues China in WTO Over Trade Retaliation on Lithuania
WorldEuropeChina’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan Source link
U.S. Opens First Auctions for California Offshore Wind Rights
BusinessProjects, which would bring floating wind turbines to West Coast, face challenges due to deep waters off California’s coast Source...
US trade deficit edged up to $78.2 billion in October | CNN Business
New York CNN Business — The US trade gap edged only slightly higher in October than the month before, to...
‘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...
The last time the US faced a debt fight this bad it lost its AAA rating | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Rupert Murdoch set to be deposed in Dominion’s $1.6 billion defamation case | CNN Business
New York CNN Business — Rupert Murdoch, the Fox Corporation chairman, is set to be deposed next week in Dominion...
Railroads Focus on Stabilizing Workforce After Strike Is Averted
BusinessFederal regulator and businesses criticize service disruptions; Norfolk Southern rethinks furloughs Source link
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
OPEC+ Keeps Oil Curbs Despite Russia Price Cap
WorldGroup led by Saudi Arabia and Russia also faces slowing demand in China Source link
Robert Iger’s Return Opens Door for Florida Lawmakers to Consider Restoring Disney’s Tax Privileges
A Florida lawmaker said Robert Iger’s return as Disney CEO has boosted the prospects that the state could work out...
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
WSJ News Exclusive | Chinese Solar Manufacturers Dodged U.S. Tariffs, Probe Finds
Updated Dec. 2, 2022 6:50 am ETListen to article(2 minutes)WASHINGTON—Four leading Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some...
How an arcane 96-year-old law stopped the rail strike | CNN Business
New York CNN Business — Most labor disputes never end up being debated in Congress. But thanks to a nearly...
