Convertible sales fall in the United States on the popularity of electric vehicles and SUVs

Ford Mustang 2024 Source: Ford Convertibles – once a sign of outdoor freedom, road trips and summer adventures – are disappearing as the auto industry shifts to fully electric cars and more rugged sport utility vehicles. Sales of traditional convertibles like the Chevrolet Camaro and Ford-Mustang, as well as roadsters such as the Mazda Miata, … Read more

Fiona slams Canada’s Atlantic coast, knocking out power for thousands and damaging homes

CNN — Hurricane-force Fiona is tearing up Canada’s east coast after making landfall in Nova Scotia early on Saturday, battering the region with high winds, knocking out power for hundreds of thousands of people and knocking some homes to the ground. Fiona, now a post tropical cyclone, had maximum sustained winds of 80 mph – … Read more

Russia bombs Ukrainian cities amid Kremlin-organized votes

KYIV, Ukraine (AP) — Russian forces launched new strikes on Ukrainian cities on Saturday as Kremlin-orchestrated votes were held in occupied areas to create a pretext for their annexation by Moscow, while hundreds of people were arrested in Russia for trying to protest a mobilization order that commits more troops to the fight in Ukraine. … Read more

NASA cancels next Artemis I launch attempt due to tropical storm

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news about fascinating discoveries, scientific advancements and more. CNN — The Artemis I rocket will not make its third launch attempt on Tuesday as planned due to concerns over Tropical Storm Ian heading for Cuba and Florida. After meeting on Saturday morning, NASA’s … Read more

Hurricane Fiona: Storm likely to be an ‘extreme weather event’ as it heads into eastern Canada, forecasters warn

CNN — The deadly hurricane Fiona weakened slightly to a Category 3 storm, but continues to pack strong winds of 125 mph as it heads towards the Atlantic coast of Canada. It is expected to bring hurricane-like conditions to the area Friday night, the National Hurricane Center said. It’s on track to become an “extreme … Read more

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US stocks ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop in one week, while investors continued to worry on interest rate hikes by the Federal Reserve to moderate inflation. Among the … Read more

Next Artemis I launch attempt scheduled for Tuesday, but may be delayed due to tropical depression

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news about fascinating discoveries, scientific advancements and more. CNN — The Artemis I rocket will get its third launch attempt on Tuesday, September 27, but Tropical Depression Nine could change that. The 70-minute launch window opens at 11:37 a.m. ET and the Space … Read more

Occupied Ukraine holds Kremlin-organized vote on joining Russia

KYIV, Ukraine (AP) — A Kremlin-orchestrated referendum began Friday in occupied parts of Ukraine that sought to integrate them into Russia, with some officials carrying ballots into buildings accompanied by armed police. Kyiv and the West condemned it as a rigged election whose outcome was predetermined by Moscow. In a dark reminder of the brutality … Read more

UK’s mini budget cuts taxes and borrows heavily as recession hits

London CNN Business — A huge bet by the British government aimed at saving recession economy and drive long-term growth sent the pound plunges Friday. Announcing the biggest tax cuts in 50 years while ramping up spending, Finance Minister Kwasi Kwarteng said the government needed a “new approach for a new era, one focused on … Read more

Pre-market inventories: the curious case of falling gold prices

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of the newsletter by clicking on the same link. London CNN Business — This should be the perfect time to own gold. The yellow metal has … Read more