Jobs report to give clues about the direction the economy is taking

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve will raise interest rates again on Wednesday. But will it be another half-point hike or just a quarter-point hike? And the rest of the year? The … Read more

Covid loan repayment hammers millions of businesses

CNN — At Teddy Restaurant & The Bully Bar near downtown Washington, DC, business has never been the same since the pandemic hit. “It’s very difficult,” said owner Alan Popovsky. “I will still be climbing the hill for a while. Probably for the rest of my life. The pandemic has closed two of Popovsky’s four … Read more

Has inflation finally peaked? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — It may be a new year. But for investors, consumers and the Federal Reserve, inflation remains a top economic concern, just as it was in 2022. With that in … Read more

Unanswered questions about Trump’s tax returns

New York CNN — After years of legal battles, pontifications and theories, former President Donald Trump’s tax returns from 2015 to 2020 are now part of the public record. Many critics and political opponents have speculated that Trump opposed public disclosure of his tax returns because they potentially provide evidence of illegal or politically damaging … Read more

Inflation cools much more than expected in October

Minneapolis CNN Business — Americans and the Federal Reserve received good inflation news on Thursday. The consumer price index rose 7.7% for the year ending in October, a much slower pace of growth than economists of 8% had expected and the lowest annual inflation since January. The stock market soared on the news, with Dow … Read more