UK household energy bills to soar by 80% in October

British energy bills will rise 80% to an average of £3,549 ($4,188) a year from October, regulator Ofgem said on Friday, calling it a “crisis” that needed to be tackled by urgent and decisive government action.Story Published at: August 26, 2022 at 09:03AM

US mortgage rates jump

Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health of the US economy.Story Published at: August 25, 2022 at 03:39PM

China has lots to fix in its economy

China has unveiled 19 new measures to shore up its economy and “secure drinking water” supply as the country continues to struggle with its worst heatwave in 60 years and rigid Covld lockdowns.Story Published at: August 25, 2022 at 12:17PM

Farmer shares video of livestock dying in heat

Across China, farmers are struggling to save their livestock and crops, as huge parts of the country bake under a record-breaking heat wave that has lasted more than two months. CNN’s Kristie Lu Stout takes a look at the toll on farmers and local residents.. Story Published at: August 25, 2022 at 09:37AM