US economy still needs ‘multiple’ rate hikes, says top Fed official
A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the central bank could be nearly done raising…
Continue ReadingA senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the central bank could be nearly done raising…
Continue ReadingThe US Food and Drug Administration has approved the medication zuranolone for the treatment of postpartum depression – making it the first…
Continue ReadingBy Jay Croft, CNN (CNN) — The winning numbers for Friday night’s Mega Millions jackpot, estimated at $1.35 billion, are 11-30-45-52-56 with a…
Continue ReadingUS mortgage rates jumped this week, climbing closer to 7%. The move follows last week’s rate hike from the Federal Reserve, and the downgrade this…
Continue ReadingDonald Trump has been indicted on federal charges related to 2020 election subversion, a stunning third time this year that the former president has…
Continue ReadingBy ERIC TUCKER and MICHAEL KUNZELMAN Associated Press WASHINGTON (AP) — Donald Trump was indicted on felony charges Tuesday for working to overturn…
Continue ReadingHundreds of hospitals have lost their childbirth units over the past five years, according to a new analysis, affecting about a tenth of US counties…
Continue ReadingBy Nouran Salahieh, CNN (CNN) — The winning numbers for Tuesday’s estimated $1.1 billion Mega Millions jackpot – which would be one of the…
Continue ReadingNearly every state in the United States is neglecting access to maternal mental health care, according to a recent report, and experts fear the…
Continue ReadingUS consumers have been feeling a whole lot better this summer as inflation has continued to…
Continue ReadingUS mortgage rates moved higher this week following the Federal Reserve’s rate hike, after dropping last…
Continue ReadingCyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the…
Continue ReadingUS pending home sales rose in June, up 0.3% from the previous month, marking the first increase since…
Continue ReadingBy Krystal Hur, CNN New York (CNN) — The Dow slipped on Thursday, snapping a 13-day winning streak. The blue-chip index fell 237 points after…
Continue ReadingBy Marshall Cohen, Tierney Sneed, Zachary Cohen and Dan Berman, CNN (CNN) — Wednesday’s hearing for Hunter Biden was already poised to be a…
Continue ReadingBy Jamiel Lynch, CNN (CNN) — The Mega Millions jackpot grew to a whopping $910 million after no ticket matched all six numbers drawn in Tuesday…
Continue ReadingBy Matt Egan, CNN New York (CNN Business) — Prices at the gas pump are suddenly surging, causing headaches for consumers and central bankers…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — New home sales dropped in June from the month before, even as buyers continued to rely on new…
Continue ReadingBy Katie Lobosco, CNN Washington (CNN) — If you forgot to file your taxes during the early days of the Covid-19 pandemic in 2020, you have…
Continue ReadingBy Jen Christensen, CNN (CNN) — For the first time, a semi-independent committee for the World Health Organization said Thursday that it’s…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US mortgage rates climbed higher this week, inching closer to 7% and reaching their highest level…
Continue ReadingBy Carma Hassan, CNN (CNN) — The US Food and Drug Administration on Thursday approved the birth control pill Opill to be available…
Continue ReadingCNN By Nouran Salahieh, CNN (CNN) — A single ticket sold in Michigan has matched all six numbers to win the estimated $842.2 million Powerball…
Continue ReadingPeople spread the virus that causes COVID-19 to wild white-tailed deer in the United States more than 100 times in late 2021 and early 2022,…
Continue ReadingBy Danielle Wiener-Bronner, CNN New York (CNN) — Grocery prices stayed steady in June after ticking up in May, offering some relief to…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — Last week would have been an ideal week to go on vacation if you’re an economist or, ahem, an…
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — What a difference a year makes. US annual inflation slowed to 3% last month, according to the latest…
Continue ReadingMichelle Watson, CNN (CNN) — There was no jackpot winner in Tuesday night’s Mega Millions drawing according to the lottery’s website,…
Continue ReadingBy Nouran Salahieh and Michelle Watson, CNN (CNN) — There were no jackpot winners after Monday’s Powerball drawing and the grand prize jumped…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — When the Federal Reserve kicked off its rate-hiking campaign in March last year, the housing market…
Continue ReadingThe Earth recently recorded its hottest day ever – a record experts warn will likely be repeatedly broken as the climate crisis drives temperatures…
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — The number of available jobs in the United States dropped in May after an uptick the month before,…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US mortgage rates jumped up this week as recent economic data showed inflation remains sticky and…
Continue ReadingBy Angela Fritz and Laura Paddison, CNN (CNN) — The planet’s temperature soared again on Thursday to levels not seen in the modern…
Continue ReadingBy Katie Lobosco, CNN Washington (CNN) — The Supreme Court struck down President Joe Biden’s student loan forgiveness program Friday,…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — With inflation continuing to slow, US consumers are taking notice — and they’re feeling more…
Continue ReadingBy Lisa Respers France, CNN (CNN) — Alan Arkin, the Oscar-winning star of “Little Miss Sunshine,” has died, his family announced Friday. He…
Continue ReadingBy Sandee LaMotte, CNN (CNN) — The risk of getting sick from E-coli, salmonella, listeria and other foodborne germs rose to pre-pandemic levels…
Continue ReadingBy Dakin Andone, Denise Royal and Carlos Suarez, CNN Fort Lauderdale, Florida (CNN) — A jury has acquitted on all counts the former school…
Continue ReadingBy Devan Cole, CNN Washington (CNN) — The Supreme Court’s landmark ruling Thursday on affirmative action pitted its two Black justices…
Continue ReadingBy Anna Bahney, Alicia Wallace and Elisabeth Buchwald, CNN Washington, DC (CNN) — The housing market showed clear signs of slowing, according…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — The US economy expanded at a much faster pace in the first three months of the year than previously…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — Some shoppers are buying Costco’s $4.99 rotisserie chickens and paying at self-checkout. The…
Continue ReadingBy Alli Rosenbloom, CNN (CNN) — Ryan Seacrest will take his place as the new host of “Wheel of Fortune” in 2024, Sony Pictures Television,…
Continue ReadingBy Anna Bahney and Alicia Wallace, CNN (CNN) — Home prices rose in April for a third consecutive month, according to the latest S&P…
Continue ReadingBy Anna Bahney, Alicia Wallace and Elisabeth Buchwald, CNN Washington, DC (CNN) — The housing market showed clear signs of slowing, according…
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — Some welcome news for renters: The US median rent in May fell from May 2022, the first annual rent…
Continue ReadingBy Nicole Goodkind, CNN New York (CNN) — It’s hard to remain cheery as economic conditions go soft, stocks bounce around with…
Continue ReadingBy Laura He and Olesya Dmitracova, CNN Hong Kong/London (CNN) — Stock markets in Europe and Asia fell Friday as investors became increasingly…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates ticked lower for the third week in a row as investors absorbed strong signals from…
Continue ReadingBy Danielle Wiener-Bronner, CNN New York (CNN) — Cultivated meat, also known as lab-grown meat, has been cleared for sale in the United States.…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — If inflation falls to 2% by the end of this year, that means the cost of everything will no longer…
Continue ReadingBy Jacqueline Howard, CNN (CNN) — Adults ages 19 to 64 in the United States should be screened for anxiety disorders, according to a new…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US home building surged in May, climbing 21.7% from April, as low inventory in the existing home…
Continue ReadingBy Eric Levenson and Raja Razek, CNN (CNN) — Officials are in a race against time to find a civilian submersible that had five people aboard…
Continue ReadingBy Meg Tirrell and Carma Hassan (CNN) — The US Food and Drug Administration on Friday said it has recommended that Covid-19 vaccine…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates ticked down this week for the second week in a row, as investors absorbed the Federal…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — Spending at US retailers rose last month, in a sign that consumers are still fueling the economy.…
Continue ReadingBy Deidre McPhillips, CNN (CNN) — In 2021, suicide and homicide rates for children and young adults ages 10 to 24 in the US were the…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — The Federal Reserve is taking its first pit stop after 10 consecutive rate hikes aimed at bringing…
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — US inflation at the wholesale level has cooled once again, this time landing well below its…
Continue ReadingBy Jeremy Herb, Tierney Sneed and Hannah Rabinowitz, CNN Miami (CNN) — Former President Donald Trump pleaded not guilty to 37 charges Tuesday…
Continue ReadingBy Dan Heching, CNN (CNN) — Treat Williams, a veteran actor who starred in the TV dramas “Blue Bloods” and “Everwood,” died Monday…
Continue ReadingBy Nicole Goodkind, CNN New York (CNN) — The bear market is over. But the bear economy isn’t. The eurozone has sunk into recession and some…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates dropped this week after a three-week climb, as rates remain volatile amid conflicting…
Continue ReadingBy Danielle Wiener-Bronner, CNN New York (CNN) — The past few months of robust grocery store sales would suggest that shoppers aren’t…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — The US labor market picked up momentum in May, once again defying expectations of a slowdown. But…
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — The US labor market isn’t ready to slow down just yet. Employers added 339,000 jobs in May,…
Continue ReadingBy Carma Hassan, CNN (CNN) — The Centers for Medicare & Medicaid Services announced Thursday a plan to cover a new class of Alzheimer’s…
Continue Readingresident Joe Biden and House Speaker Kevin McCarthy finally reached an agreement to avert the United States’ first default on its debt — but you…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US home prices rose slightly in March, showing a continuing recovery, according to the latest…
Continue ReadingBy Samantha Delouya, CNN New York (CNN) — At long last, the White House and House Republicans have reached a tentative agreement to raise the…
Continue ReadingBy Brenda Goodman, CNN (CNN) — The US Food and Drug Administration on Thursday fully approved the antiviral medication Paxlovid to treat mild…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates are beginning to feel the impact of the debt-ceiling standoff, jumping higher for the…
Continue ReadingBy Samantha Delouya, CNN (CNN) — A deadlocked Washington that has taken America to the brink of default could jeopardize the United States’…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — New home sales rose in April, climbing to a level not seen in over a year, as mortgage rates eased…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — Target is recalling nearly 5 million of its Threshold-brand candles in glass jars because the glass can…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US home sales fell in April for the second month in a row and home prices had the biggest drop since…
Continue ReadingBy Deidre McPhillips, CNN (CNN) — Depression is more widespread than ever in the United States, according to a new report from Gallup. About…
Continue ReadingBy Danielle Wiener-Bronner, CNN For months and months, the price of eggs was soaring. Now, they’re going splat. As of last week, Midwest large…
Continue ReadingBy Jacqueline Howard, CNN The US Centers for Disease Control and Prevention is raising the alarm about the potential risk for new cases of mpox,…
Continue ReadingBy Alicia Wallace, CNN Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly…
Continue ReadingUS consumer sentiment worsened in May as Americans grew concerned about the economy’s direction and a potential default of the US government’s debt,…
Continue ReadingBy Anna Bahney, CNN Mortgage rates ticked down last week for the second week in a row, as progress on inflation is keeping rates calmer. The 30-year…
Continue ReadingBy Danielle Wiener-Bronner, CNN Grocery prices continued to fall last month, even as restaurant meals got more expensive, according to data released…
Continue ReadingBy Alicia Wallace, CNN It’s been a two-year slog of enduring painfully high prices, but the light at the end of the tunnel just got slightly…
Continue ReadingBy Jacqueline Howard, CNN The US Preventive Services Task Force is proposing that all women at average risk of breast cancer start screening at age…
Continue ReadingBy Madeline Holcombe, CNN Adults in their 20s and 30s with mental disorders have a higher chance of having a heart attack or stroke, according to a…
Continue ReadingBy Deidre McPhillips, CNN Fatal overdoses involving fentanyl have surged in recent years in the US and new research shows that deaths among children…
Continue ReadingCOVID-19 was the fourth leading cause of death in the United States in 2022, according to provisional data from the US Centers for Disease Control…
Continue ReadingBy Nadia Kounang and Amanda Sealy, CNN A team of doctors in Boston successfully performed a novel fetal surgery to treat a rare brain condition known…
Continue ReadingBy Bryan Mena, CNN The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike since the central…
Continue ReadingBy Meg Tirrell, CNN An experimental Alzheimer’s medication slowed declines in patients’ ability to think clearly and perform daily tasks…
Continue ReadingBy Deidre McPhillips, CNN Drug overdose deaths in the US rose to record levels during the Covid-19 pandemic, and a new report from the US Centers for…
Continue ReadingBy Nicole Goodkind, CNN Want to know what the future holds for the US economy? You’ll have to consult your crystal ball. But if that…
Continue ReadingHuge disruptions will rock the global job market over the next five years as the economy weakens and companies boost adoption of technologies such as…
Continue ReadingBy Alicia Wallace, CNN Inflation may be continuing to cool but there’s also a chill running through the American consumer, the latest report…
Continue ReadingBy Anna Bahney, CNN Mortgage rates inched up again this week. Prior to last week’s rise, rates had dropped for five weeks in a row as inflation…
Continue Reading