Drink these types of coffee to live longer, study says

CNN — Drinking two to three cups a day of most types of coffee may protect you from cardiovascular disease and an early death, a new study found. “The results suggest that mild to moderate intake of ground, instant and decaffeinated coffee should be considered part of a healthy lifestyle,” said study author Peter Kistler, … Read more

Markets in a tailspin get a big dose of chill from the Bank of England

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — All the drama out of the UK government is keeping me from catching up on the only UK drama I really want to consume, which is Love Island, season 8, … Read more

McDonald’s rejects franchise owners’ request to delay big changes, letter says

A customer places an order September 24, 2022 at a McDonald’s Restaurant along the New York State Thruway in Hannacroix, New York. Robert Nickelsberg | Getty Images News | Getty Images A group representing McDonald’s owners said the company rejected its request to delay changes to franchising policies, including updated standards and adjustments to how … Read more

Markets are now treating UK bonds like Greek and Italian debt

London CNN Business — The pound may have paused its headlong crash towards parity with the US dollar, but the damage to the UK economy sparked by Prime Minister Liz Truss’ huge tax-cutting gamble is still rippling through financial markets. Sterling stabilized early Tuesday to trade near $1.08, bouncing off Monday’s record low of around … Read more

LeBron James is a pickleball fan and player. Now he’s buying a team.

LeBron James, the king of basketball courts, is one of the newest owners of a professional pickleball team. Major League Pickleball announced Wednesday that James and his business partner, Maverick Carter, will join its ownership ranks, along with NBA champions Draymond Green and Kevin Love and others. In recent months, the sport’s popularity has attracted … Read more

Ford unveils new F-Series Super Duty trucks

2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks, a lineup of vehicles ranging from large pickups to commercial … Read more

What Is Tax-Loss Harvesting (and Who Does It Benefit)?

Photo: GaudiLab (Shutterstock) If you’ve noticed an underperforming investment in your portfolio, you might have a silver lining available to you: tax-loss harvesting. This strategy allows you to offset taxable capital gains with your capital losses. Through this process, you can reduce your tax bill and improve your overall portfolio going forward. We’ve previously covered … Read more

Consumers are growing more optimistic about the US economy

CNN — Consumer confidence rose for a second straight month in September, as moderating gas prices and the hope that inflationary pressures might be easing helped lift the nation’s collective mood. The Conference Board reported on Tuesday that its baseline index rose to 108 from a revised 103.6 in August, the highest it has been … Read more

KAUST selects HPE to build the Middle East’s most powerful supercomputer

RIYADH — Hewlett Packard Enterprise (HPE) announced that King Abdullah University of Science and Technology (KAUST) has selected HPE to build its next-generation supercomputer, Shaheen III, to deliver state-of-the-art supercomputing and artificial intelligence (AI) capabilities for advancing research in fields such as food, water, energy and the environment. Supercomputing capacity has become increasingly vital to … Read more

Food prices are soaring, and that’s changed how we eat

New York CNN Business — Lisa Altman used to take pride in being able to eat what she wanted without worrying much about the cost. When she was growing up, seconds weren’t served and side dishes were rare. “My mom had a budget every week, and she stuck to it,” she said. “As I got … Read more