Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default | CNN Business

Hong Kong CNN  —  One of China’s biggest property developers says it has burned through up…

Stocks tumble as Moody’s warns it could cut credit ratings of 6 big US banks | CNN Business

CNN  —  Moody’s has put the credit ratings of six large US banks, including Bank of…

Global food prices bounce following collapse of Black Sea grain deal | CNN Business

London CNN  —  Global food prices ticked up last month after Russia pulled out of a deal…

Asian markets tumble after Fitch downgrades US debt | CNN Business

Hong Kong CNN  —  Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US…

Middle-income Americans think prosperity is within reach | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Inside efforts to avert environmental ‘catastrophe’ in the Red Sea | CNN

Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter,…

ExxonMobil earnings fell on sinking oil prices | CNN Business

New York CNN  —  ExxonMobil’s profit fell sharply in the second quarter on lower oil and…

Wall Street suddenly appears confident America will avoid a recession | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Shell profits cut in half by lower oil prices | CNN Business

London CNN  —  Shell has reported a 56% drop in second-quarter profit, as oil and gas…

AI investment is booming. How much is hype? | CNN Business

London CNN  —  French startup Mistral AI didn’t have a working product when it raised €105…