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Sabri Ben-Achour

Correspondent & Host

Latest Stories (606)

Economic coercion set to take center stage at G-7 summit

But tackling the issue is another story.
U.S. Trade Representative Katherine Tai explains why addressing economic coercion from China is a challenge.
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Congress is looking at changes to Medicare. Hospitals aren't thrilled

A little-known payment change could save the federal government $150 billion over the next 10 years.
Right now, there are cases where Medicare pays hospitals more than double what it pays independent doctors for the same care.
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Prices are still rising, and consumers seem tired

May 10, 2023
Prices rose 4.9% year over year in April and 0.4% during that month. Consumer fatigue is showing in higher credit card balances and lower savings.
Consumers are going to low-price stores more and buying less per visit. They're opting more frequently for generics over name brands, per Jefferies analyst Corey Tarlowe.
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West Coast ports lost market share. Will they get it back?

May 8, 2023
Stung by supply chain breakdowns and worried about labor unrest, many shippers have rerouted goods to the Gulf of Mexico and East Coast.
Mario Tama/Getty Images

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.
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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.
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