Markets Now

The credit crunch is getting worse and bankruptcies are on the rise

The strength and resiliency of the US economy during the first half of the year defied the expectations of economists who largely expected the country to fall into recession.  
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Tyson will stop using its 'no antibiotics ever' label on chicken

Tyson will once again use certain antibiotics in its chickens, eight years after it announced plans to ditch the drugs in some of its production and slapped a “no antibiotics ever” label on its packaging.  
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Authorities offer $20,000 in rewards for information after explosives detonated at DC businesses

Authorities are offering up to $20,000 in rewards for information in connection with a series of explosive attacks on several businesses in Washington over the weekend.  
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Good news for the grill masters: Some 4th of July staples will be more affordable this year

According to new data from the American Farm Bureau Federation, some Independence Day cookout items you may be shopping for could cost less, but prices are still up from 2021. CNN business reporter Nathaniel Meyersohn has more.  
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Watch: When will the US lift the liquid ban in airports?

University of Chicago Professor and aviation security expert Sheldon H. Jacobson tells “Nightcap’s” Jon Sarlin that eventually you’ll be able to carry a one-liter bottle of soda or a full tube of toothpaste through airport security— but not yet. For more, watch the full Nightcap episode here.  
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China hits back in the chip war, imposing export curbs on crucial raw materials

Beijing will impose export controls on two rare elements essential for manufacturing semiconductors, in apparent retaliation after the United States and Europe restricted chip exports to China.  
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Source: CNN Business