5 things to know for May 16: FBI, New Mexico shooting, Gas prices, Debt limit, AI | CNN

CNN  —  Face masks have largely disappeared from places like grocery stores and schools in the…

European Union upgrades outlook for economy as energy prices retreat | CNN Business

London CNN  —  Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s…

The Fed probably won’t cut rates anytime soon. Why that’s good news for markets | CNN Business

New York CNN  —  Wall Street is eager to see the Federal Reserve wind down its…

Another key inflation gauge cooled further in April | CNN Business

Washington, DC CNN  —  Wholesale annual inflation slowed in April, adding to signs that price pressures…

China’s deflation worries deepen as consumer prices grow only 0.1% in April | CNN Business

Hong Kong CNN  —  Deflationary pressure in China is worsening as consumer prices increased at the…

US labor market heats back up, adding 253,000 jobs in April | CNN Business

Minneapolis CNN  —  The US labor market that was poised for a spring cool just got…

What to expect from the jobs report | CNN Business

Minneapolis CNN  —  If the latest employment trends continue and economists’ forecasts prove true, Friday’s jobs…

The Fed lifts rates by a quarter point | CNN Business

Washington, DC CNN  —  The Federal Reserve voted unanimously to raise interest rates by a quarter…

Consumers are ‘retrenching.’ What that means for recession fears | CNN Business

Minneapolis CNN  —  There’s good news on the inflation front: Annual price growth fell to its…

One of the world’s most expensive cities raises minimum wage … by 32 cents | CNN Business

Hong Kong CNN  —  It’s one of the world’s priciest cities, with the least affordable housing…