[ad_1] CNN — Thanks to growing competition in the market, and some reticence from consumers, automakers and car dealers are offering huge discounts on electric vehicles, particularly luxury models. The…
Tag: economy and economic indicators
Italian pasta prices are soaring. Rome is in crisis talks with producers | CNN Business
[ad_1] Rome/London CNN — Italy’s government convened crisis talks Thursday to investigate the reasons behind a surge in prices for pasta, one of the country’s most beloved and culturally important…
China restricts exports of graphite as it escalates a global tech war | CNN Business
[ad_1] Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong…
Fed Chair Powell hints that soaring bond yields could mean end of rate hikes | CNN Business
[ad_1] Washington, DC CNN — Federal Reserve Chair Jerome Powell said Thursday that soaring bond yields could help the Fed slow the economy, further cooling inflation and the possibly signaling…
US escalates tech battle by cutting China off from AI chips | CNN Business
[ad_1] Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong/Washington…
Weight loss drugs haven’t hurt Pepsi’s business, CEO says | CNN Business
[ad_1] New York CNN — Snack and beverage maker PepsiCo has so far seen “negligible” impact on its business from drugs used for weight loss or diabetes, CEO Ramon Laguarta…
China’s economic data improves in August
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Extreme heat, fires and floods threaten Europe’s economy | CNN Business
[ad_1] London CNN — Mounting climate risks, illustrated by the extreme heat, wildfires and floods that ravaged parts of Europe this summer, could hurt the region’s economy as soon as…