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Sabri Ben-Achour

Correspondent & Host

Latest Stories (602)

Court battle over Ed Sheeran and Marvin Gaye songs could result in "less wonderful music" being made

It's yet the latest case of where to draw the line between the building blocks of music and intellectual property.
Michael M. Santiago/Getty Images

For JPMorgan, loss sharing sweetened its deal to buy First Republic Bank

May 1, 2023
For one, help from the FDIC, which will absorb up to 80% of the losses coming from First Republic's residential and commercial loans.
The FDIC seized control of First Republic Bank over the weekend and auctioned it off.  JPMorgan won that auction, and it’s paying a cool $10.6 billion for it.
Justin Sullivan/Getty Images

GDP growth in the U.S. was sluggish last quarter

Apr 27, 2023
Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.
Consumers are still buying things, but "inflation wears you down," warns Morning Consult's John Leer.
Spencer Platt/Getty Images

Could the United States dollar be dethroned?

Why some countries are moving away from U.S. bucks.
The U.S. dollar has been the dominant global currency for nearly a century. But some countries are now looking to diversify away from the greenback.
China Photos/Getty Images

We're starting to see a new normal for airlines

Leisure travel has fully recovered, but business travel hasn't. That's hitting carriers' bottom lines.
United Airlines reported hundreds of millions of dollars in losses for the first quarter of the year, but the company says consumer demand is strong.
Justin Sullivan/Getty Images

Why charitable giving is an essential element of Ramadan

A look at how economic headwinds economy may have affected giving this Ramadan.
Getty Images

How undersea internet cables connect the global economy

The U.S. and China are competing for control over these vital pieces of infrastructure.
Technicians work on undersea cable in December 2005. Undersea internet cables "carry about 99% of all our telecommunications," said James Kraska at the U.S. Naval War College.
Stephan Agostini/AFP via Getty Images

"Made in America" policy can actually hurt the U.S., economist says

Adam Posen agrees with the goals of boosting green energy and keeping China at bay. But he says protectionism won't achieve them.
One example of industrial policy is subsidies for companies doing work in clean energy, like the kind that the Inflation Reduction Act provides.
Michael M. Santiago/Getty Images

Eggs are cheaper, but not housing? Inside the latest consumer price index

The March report shows inflation slowing overall and prices easing in some key areas (food) and not in others (services and shelter.)
Egg prices dropped 10% and fruits and vegetables fell 1.3% from February, according to the CPI. But overall food and beverage prices were up more than 8% from last year.
Justin Sullivan/Getty Images

What high mortgage rates have to do with your rent

Apr 11, 2023
Rising mortgage rates have kept would-be buyers renting — straining the supply of available apartments and pushing prices up.
Despite slowing rent inflation, high mortgage rates are keeping some would-be homebuyers in apartments — which can increase competition and boost the cost of rent.
Justin Sullivan/Getty Images