Sabri Ben-Achour

Correspondent & Host

Latest Stories (627)

What haunts the haunted house industry?

Oct 27, 2023
Scarce labor and supply chain snarls, for two.
DNY59/Getty Images

Federal Reserve losses contribute to federal deficit

Oct 24, 2023
When the central bank makes money, it hands it to the Treasury. But now it's losing money as it pays interest to banks on their deposits.
The Fed is, among other things, a bank for banks, and it pays interest to those banks. Those interest rates have gone up. Above, the Eccles building, which houses Fed governors' offices.
Kevin Dietsch/Getty Images

Why are bond yields so high right now?

Oct 23, 2023
The yield on the 10-year Treasury briefly hit 5%, the highest level since 2007. A resilient economy and expanding debt are pushing rates up.
For a while, bond markets expected a weaker economy and possible rate cuts by the Federal Reserve in 2024.
Win McNamee/Getty Images

Why the U.S. budget deficit grew so much in the last year

No surprise: Inflation, higher interest rates and the pandemic all play a role.
Chip Somodevilla/Getty Images

What we learned from Nishad Singh's testimony in the SBF trial

Oct 19, 2023
Nishad Singh, former head of engineering at FTX, took the stand this week in the fraud and conspiracy trial against Sam Bankman-Fried.
Nishad Singh, former head of engineering at FTX, took the stand this week and detailed the lavish spending habits of FTX's Sam Bankman-Fried, seen above.
Michael M. Santiago/Getty Images

The European Union takes aim at Chinese subsides for electric vehicles

Oct 4, 2023
The EU has opened a formal investigation and could impose penalties to "level the playing field," while China decries that step as "naked protectionism." European automakers are hoping to avoid the fate of Europe’s solar industry a decade ago, when it was mostly wiped out by low cost Chinese competitors.
EVs made by Chinese car brand BYD were on display the IAA Mobility 2023 international motor show in Munich, Germany. The EU just announced it will probe China's use of subsidies to grow its EV presence.
Leonhard Simon/Getty Images

Tyson, Perdue investigated for illegal child labor, report says

A New York Times investigation finds migrant children are illegally working the dangerous job of cleaning slaughterhouses.
Alex Edelman/AFP via Getty Images

The scariest part of Halloween: supply chains

Oct 2, 2023
Consumers may spend a record $12.2 billion this year — that's the treat. But sellers may need tricks to bring their goods to market.
Analysts expect monster Halloween sales this year.
Joe Raedle/Getty Images

All those pandemic savings? They might already be gone

Sep 28, 2023
People in the U.S. saved an estimated $2.1 trillion at one point in the pandemic. By some estimates, that money's pretty much gone.
Howard Huang/Getty Images

A plan for alleviating poverty and climate change

The two challenges are interrelated, and a new report from the McKinsey Global Institute says they must be addressed in tandem.
It'll take investment equal to about 8% of global GDP annually to close both the economic empowerment gap and the net-zero transition gap, according to the McKinsey Global Institute,
China Photos/Getty Images