economic decline

Britain brings back austerity.  Here's why |  CNN Business

Britain brings back austerity. Here’s why | CNN Business

London CNN Business — The last time a UK finance minister revealed tax and spending plans, the markets went haywire and the country’s prime minister eventually lost her job. The new government is not looking for repeat performance. On Thursday, Chancellor Jeremy Hunt is due to unveil a budget that will aim to restore confidence …

Britain brings back austerity. Here’s why | CNN Business Read More »

Tech stocks were crushed.  What's next for the FAANG?  |  CNN Business

Tech stocks were crushed. What’s next for the FAANG? | CNN Business

New York CNN Business — The great bull run for tech stocks may finally be over. It’s been a brutal year for big companies in Silicon Valley. Apple’s (AAPL) stock is down about 16% in 2022, making it the “best” performance of Big Tech’s so-called FAANGs. Facebook owner Meta, Amazon (AMZN), Netflix (NFLX) and Google …

Tech stocks were crushed. What’s next for the FAANG? | CNN Business Read More »