The Fed’s favorite inflation measure cooled again in March
By Alicia Wallace, CNN Inflation may be continuing to cool but there’s also a chill running through the American consumer, the latest report…
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Mortgage rates tick up for the second week in a row
By 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 Pending home sales fell last month for the first time since November
By Anna Bahney, CNN Pending home sales dropped in March, falling for the first time since November amid tight inventory and buyer uncertainty about…
Continue Reading Jerry Springer, former Cincinnati mayor and talk show host, dead at 79
By Lisa Respers France and Marianne Garvey, CNN Jerry Springer, the former Cincinnati mayor and and long time TV host whose tabloid talk show was…
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Biden announces reelection bid, saying battle for nation’s soul isn’t complete
By Kevin Liptak, Arlette Saenz, Maegan Vazquez and Jeremy Diamond, CNN President Joe Biden formally announced his bid for reelection Tuesday, setting…
Continue Reading You can now apply for your share of a $725 million Facebook data privacy settlement. Here’s how
By Clare Duffy, CNN Facebook users who had an active account at any point between May 2007 and December 2022 can now apply to receive a piece of…
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SpaceX readies for another attempt to launch Starship, the most powerful rocket ever built
By Jackie Wattles, CNN SpaceX is once again gearing up for the inaugural test flight of Starship, the most powerful rocket ever created and the…
Continue Reading Fox News settles with Dominion at the last second, pays more than $787 million to avert defamation trial over its 2020 election lies
By Marshall Cohen and Oliver Darcy, CNN Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward…
Continue Reading The American consumer has bad news for the economy
By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in…
Continue Reading Retail spending fell in March as consumers pull back
Bryan Mena, CNN Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which…
Continue Reading Suicide rises to 11th leading cause of death in the US in 2021, reversing two years of decline
By Deidre McPhillips, CNN The suicide rate in the United States returned to a near-record high in 2021, reversing two years of decline, according to…
Continue Reading US wholesale inflation saw dramatic cooldown in March
By Alicia Wallace, CNN US inflation at the wholesale level continued its downward slide in March with annualized price increases sinking dramatically…
Continue Reading US inflation just reached an inflection point
By Nicole Goodkind, CNN After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists,…
Continue Reading Food prices ease for the first time since 2020. Here’s what’s getting cheaper
By Danielle Wiener-Bronner, CNN Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released…
Continue Reading US inflation falls to lowest level since May 2021
By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index,…
Continue Reading Wall Street has found something else to worry about
By Nicole Goodkind, CNN Business Persistent inflation remains the Federal Reserve’s No. 1 concern, even as the banking sector remains on edge…
Continue Reading A labor market cooldown: US economy added just 236,000 jobs in March
By Alicia Wallace, CNN US employers added just 236,000 jobs in March, coming in below expectations and indicating that the labor market is cooling…
Continue Reading Is the US economy ‘unwell?’ We’re about to find out
By Nicole Goodkind, CNN After months of a remarkably strong US labor market and economy, everything seems to be slowing down. The latest…
Continue Reading Next steps in the Donald Trump criminal case
By Jeremy Herb, CNN Tuesday’s arraignment of former President Donald Trump was a whirlwind of historic firsts as Trump was arrested and faced…
Continue Reading These are the only stocks that matter right now
By Nicole Goodkind, CNN US stocks have been incredibly resilient this year. In the midst of a banking crisis, historically high interest rates,…
Continue Reading Takeaways and key lines from the indictment against Donald Trump
By Tierney Sneed, Hannah Rabinowitz, Katelyn Polantz, Fredreka Schouten, Holmes Lybrand and Devan Cole, CNN In a first-of-its-kind criminal…
Continue Reading Job openings shrank more than expected in February in a positive sign for the Fed
By Alicia Wallace, CNN America isn’t taking down all of its “help wanted” signs just yet — but they are slowly starting to…
Continue Reading The Fed’s favorite inflation measure cooled in February
By Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month…
Continue Reading Inside the long and winding road to Trump’s historic indictment
By Jeremy Herb, Kara Scannell and John Miller, CNN The New York grand jury hearing the case against Donald Trump was set to break for several weeks.…
Continue Reading Mortgage rates fall for the third week in a row
By Anna Bahney, CNN Homebuyers saw another week of falling mortgage rates, with the average rate dropping last week for the third week in a row,…
Continue Reading The final estimate for GDP shows the US economy grew at 2.6% last quarter
By Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to trail…
Continue Reading High egg prices send profits at largest US producer soaring more than 700%
By Chris Isidore, CNN Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter…
Continue Reading FDA approves first over-the-counter version of opioid overdose antidote Narcan
By Nadia Kounang, Jen Christensen and Deidre McPhillips, CNN With drug overdose deaths continuing to hover near record levels, the US Food and Drug…
Continue Reading Young children, a substitute teacher, the head of their school and its custodian. These are the victims of the Nashville school shooting
By Alisha Ebrahimji, Nouran Salahieh, Christina Zdanowicz, Sharif Paget and David Williams, CNN Another American community is reeling after a shooter…
Continue Reading US home prices fell in January for the seventh-straight month
By Anna Bahney, CNN US home prices fell for the seventh month in a row in January, even as mortgage rates eased, according to the latest S&P…
Continue Reading How the Fed’s latest rate increase will affect your bank savings
By Jeanne Sahadi, CNN Banking has been top of mind for many people in the wake of some surprise bank failures and moves by US regulators to boost…
Continue Reading Banks aren’t out of the woods yet and neither is the economy. Here’s why
By Krystal Hur, CNN Markets seesawed severely this week when two of the US economy’s most prominent leaders gave seemingly contradictory…
Continue Reading What the banking crisis means for your job
By Alicia Wallace, CNN One of the biggest unknowns since the Federal Reserve started its historic rate-hiking campaign has been how many jobs could…
Continue Reading Unions at Disney World win 37% pay hikes in tentative labor deal
By Chris Isidore and Vanessa Yurkevich, CNN About 32,000 hourly workers at Disney World will get raises equal to $3 an hour by the end of the year,…
Continue Reading Good news for homebuyers. Mortgage rates just dropped again
By Anna Bahney, CNN Mortgage rates dropped again this week for the second week in a row amid lingering concerns about bank failures and uncertainty…
Continue Reading Vaccination, Paxlovid decrease risk of long COVID, studies show
People who are vaccinated or who take Paxlovid during a COVID-19 infection have a lower risk of developing long COVID, new research…
Continue Reading The Fed lifts rates by a quarter point as banking turmoil complicates inflation fight
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation…
Continue Reading Why some lawmakers want to raise the FDIC insurance limit for your savings
By Ramishah Maruf, CNN Right now, $250,000 seems to be the number on everyone’s minds. That’s the Federal Deposit Insurance…
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Researchers say newly posted analysis supports natural origin for COVID-19 pandemic
Swabs collected from stalls and equipment at the Huanan Market in Wuhan, China, that tested positive for traces of the virus that causes COVID-19…
Continue Reading From groceries to clothes, inflation-weary Americans flock to cheaper products online
By Matt Egan, CNN Nearly two years of high inflation has caused many consumers to say goodbye to premium goods in favor of cheaper alternatives. New…
Continue Reading Home prices just broke a decade-long streak
By Anna Bahney, CNN The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year…
Continue Reading JPMorgan is advising First Republic on another potential lifeline, sources say
By Matt Egan, CNN JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease…
Continue Reading Mortgage rates drop in wake of bank failures
By Anna Bahney, CNN Mortgage rates dropped this week in the wake of several bank failures, reversing course after rising half a percentage point over…
Continue Reading US maternal death rate rose sharply in 2021, CDC data shows, and experts worry the problem is getting worse
By Jacqueline Howard, CNN As women continue to die due to pregnancy or childbirth each year in the United States, new federal data shows that the…
Continue Reading US home building surged in February
By Anna Bahney, CNN US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of…
Continue Reading Americans pulled back on their spending in February, after a strong January
By Alicia Wallace, CNN Americans pulled back on their spending last month after a surprisingly spendy January. US retail sales fell 0.4% in February…
Continue Reading Key inflation measure shows wholesale prices fell last month
By Alicia Wallace, CNN A key measure of inflation fell dramatically in February, according to the latest Producer Price Index, which tracks what…
Continue Reading Russian fighter jet forces down US drone over Black Sea after intercept
By Oren Liebermann and Haley Britzky, CNN A Russian fighter jet forced down a US Air Force drone over the Black Sea on Tuesday after damaging the…
Continue Reading Inflation fell for the eighth-straight month in February
By Alicia Wallace, CNN Inflation’s temperature came down a little bit more last month, but the Federal Reserve’s campaign to bring down…
Continue Reading Only 13 countries and territories had ‘healthy’ air quality in 2022
By Rachel Ramirez, CNN Only 13 of the world’s countries and territories had “healthy” air quality last year, according to a new…
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Eggs are finally getting cheaper in the grocery store
Grocery prices rose slightly last month, but eggs are finally getting cheaper in the…
Continue Reading US futures steady after Fed moves to restore confidence in banking system
By Michelle Toh and Anna Cooban, CNN US stock futures were holding steady Monday after an extraordinary move by US financial regulators to restore…
Continue Reading More than 3.2 million Calico Critters toys recalled after deaths of two children
By Parija Kavilanz, CNN More than 3.2 million Calico Critters toys that were sold in a set with a baby bottle and pacifier accessories are being…
Continue Reading The US economy added 311,000 jobs in February, outpacing expectations
By Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of Labor…
Continue Reading Markets close sharply lower as bank stocks take a beating
By Nicole Goodkind, CNN Fear overtook Wall Street Thursday after SVB Financial Group, a bank that lends primarily to tech companies, told investors…
Continue Reading The US economy added 311,000 jobs in February, outpacing expectations
By Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of Labor…
Continue Reading Is it safe to travel to Mexico? Here’s what you need to know
By Marnie Hunter, CNN The kidnapping and killing of US travelers recently in the Mexican city of Matamoros, just over the border from Brownsville,…
Continue Reading Young children are increasingly victims of opioid epidemic, study finds
By Jen Christensen, CNN The number of young children in the US who have died from opioid overdoses has increased significantly, according to a new…
Continue Reading A worm moon will illuminate the sky this week
By Kristen Rogers and Ashley Strickland, CNN The final full moon of winter will light up the sky this week, and it coincides with another special…
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Alex Murdaugh found guilty of murdering his wife and son
The jury in the double murder trial of Alex Murdaugh has found him guilty of murdering his wife and son, the grisliest and most severe of the…
Continue Reading Mortgage rates rise for the fourth week in a row
By Anna Bahney, CNN Mortgage rates shot up for the fourth consecutive week, as inflation concerns remain. The 30-year fixed-rate mortgage averaged…
Continue Reading New image captures a supernova first observed in the year 185
By Ashley Strickland, CNN A new telescope image has shed light on the ghostly remains of the first recorded supernova. More than 1,800 years ago, in…
Continue Reading Mortgage applications drop to 28-year low as rates climb
By Anna Bahney, CNN Applications for a mortgage fell for the third week in a row and now sit at a 28-year low for the second-straight week, according…
Continue Reading Sanofi becomes latest drugmaker to announce insulin price cuts, capping cost at $35 for the privately insured
By Tami Luhby, CNN Sanofi is cutting the list price of Lantus, its most widely prescribed insulin in the US, by 78% and establishing a $35 monthly…
Continue Reading Nissan recalling more than 700,000 SUVs that can accidentally shut off while driving
By Peter Valdes-Dapena, CNN Business Nissan is recalling more than 700,000 Rogue and Rogue Sport compact SUVs because they can be shut off…
Continue Reading US home prices fell in December for the sixth-straight month
By Anna Bahney, CNN US home prices fell for the sixth month in a row in December, as rising mortgage rates pushed prospective buyers out of the…
Continue Reading Consumer confidence slumped in February amid recession concerns
By Alicia Wallace, CNN American consumers felt much worse about the US economy in February amid rising interest rates and concerns about a potential…
Continue Reading FDA authorizes first at-home test that can detect both flu and COVID-19
If you’ve got a fever and a cough, you don’t necessarily have to go to the doctor anymore to find out if it’s the flu or…
Continue Reading Consumers keep spending. That might not be good news for them or the Fed
By Alicia Wallace, CNN US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also…
Continue Reading Flu shot provided ‘substantial protection’ this season, CDC says
By Janelle Chavez, CNN The 2022-2023 flu shot reduced the risk of flu-related hospitalization by nearly three quarters among children andby nearly…
Continue Reading Most Americans are uncomfortable with artificial intelligence in health care, survey finds
By Jen Christensen, CNN Most Americans feel “significant discomfort” about the idea of their doctors using artificial intelligence to…
Continue Reading Dow drops by nearly 700 points as retail earnings disappoint
By Nicole Goodkind, CNN US stocks plunged on Tuesday after fourth-quarter earnings and forecasts from mega-retailers like Walmart and Home Depot…
Continue Reading 145,000 cans of Enfamil ProSobee infant formula recalled over bacterial risk
By Katherine Dillinger, CNN Reckitt, one of the main formula manufacturers in the US, said Monday that it is recalling two batches of Enfamil…
Continue Reading Low wages linked with elevated mortality risk for middle-age workers in the US, study finds
By Deidre McPhillips and Alicia Wallace, CNN Middle-age workers who tend to earn a low wage have an elevated mortality risk, especially when they…
Continue Reading 1 in 3 parents give fever-reducing medicine when it may not be needed, new poll says
By Taylor Nicioli, CNN Many parents turn quickly to fever-reducing medication when their children begin to show signs of a fever, but pediatricians…
Continue Reading After a steep fall, used car prices poised to rise again
By Chris Isidore, CNN The price of used cars has been falling steadily, and steeply, for much of the last year. Unfortunately for car buyers, that…
Continue Reading Kids under 5 aren’t getting their greens, but they are drinking sugary drinks, new CDC report says
By Kyla Russell, CNN Children under 5 in the US are missing out on vital nutrition by drinking sugary drinks and passing up fruits and vegetables, a…
Continue Reading Mortgage rates jump to 6.32%
By Anna Bahney, CNN Mortgage rates climbed higher for the second consecutive week, following four weeks of declines. Inflation is running hotter,…
Continue Reading Nissan recalling 404,000 vehicles for steering wheel badge that can fly off in a crash
By Peter Valdes-Dapena, CNN Nissan is recalling more than 400,000 older SUV, van and pickup models in the United States because the Nissan badge on…
Continue Reading Retail sales jumped by 3% in January, the biggest gain in nearly two years
By Alicia Wallace, CNN Last year Americans knocked out their holiday shopping early, leading to frigid sales during the typically bountiful November…
Continue Reading Risk of developing diabetes after COVID-19 continued in Omicron period, study says
People who’ve had COVID-19 have a higher risk of developing diabetes, and that link seems to have persisted into the Omicron era, a new study…
Continue Reading Eggs are 70% more expensive than they were a year ago
By Danielle Wiener-Bronner, CNN Egg prices are still going up — way up — in the grocery store. In January, egg prices rose 8.5% compared to the…
Continue Reading What we know about the Michigan State University gunman
By Casey Tolan, Curt Devine and Scott Bronstein, CNN Authorities identified the gunman in the deadly mass shooting at Michigan State University as…
Continue Reading Almost half of children who go to ER with mental health crisis don’t get the follow-up care they need, study finds
By Jen Christensen, CNN Every night that Dr. Jennifer Hoffmann works as an attending physician in the pediatric ER, she says, at least one child…
Continue Reading Biden says shoot down of ‘high-altitude object’ over Alaska was a ‘success’
By Maegan Vazquez, Betsy Klein, Oren Liebermann and Haley Britzky, CNN President Joe Biden told CNN that the shoot down a “high-altitude…
Continue Reading Restrict calories to live longer, study says, but critics say more proof is needed
By Sandee LaMotte, CNN People of normal weight may be able to extend their life span by restricting calories, according to a new study that attempted…
Continue Reading Long-term exposure to air pollution may raise risk of depression later in life, study says
By Jen Christensen, CNN Exposure to air pollution may be tied to the risk of developing depression later in life, a large new study finds. Scientists…
Continue Reading Mortgage rates rise on inflation concerns
By Anna Bahney, CNN Mortgage rates rose this week after four weeks of declines, as a stronger-than-expected jobs report suggested the Federal Reserve…
Continue Reading Egg prices are still super high. This could be a big moment for plant-based options
By Danielle Wiener-Bronner, CNN Egg prices are still high at the grocery store — so plant-based egg alternatives are using this moment to make…
Continue Reading Want your tax refund faster? Here’s what to do
By Jeanne Sahadi, CNN However you feel about doing your taxes, chances are that, if you expect to get a refund, you’ll want it fast. The IRS…
Continue Reading Despite recent widespread illness in US, Covid-19, flu and RSV are not a concern for most, survey finds
By Deidre McPhillips, CNN Respiratory viruses — including the flu, RSV and the virus that causes Covid-19 — are not a serious concern for…
Continue Reading Cancer is striking more people in their 30s and 40s. Here’s what you need to know
By Sandee LaMotte, CNN Cancer deaths are on the decline in the United States, and the outlook for winning the war against this deadly disease is both…
Continue Reading Powerball jackpot grows to 5th largest prize at $747 million
By Hannah Sarisohn and Zoe Sottile, CNN Powerball players might just have a shot at winning $747 million, the fifth-largest jackpot in the…
Continue Reading Is the Fed ignoring long Covid in its inflation fight?
By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…
Continue Reading The US economy added a whopping 517,000 jobs in January
By Alicia Wallace, CNN The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn’t ready to cool down just…
Continue Reading Eye drop manufacturer issues recall amid CDC investigation of infections, death
By Katherine Dillinger, CNN Global Pharma Healthcare is issuing a recall of its Artificial Tears Lubricant Eye Drops that were distributed by…
Continue Reading Mortgage rates fall for fourth week in a row
By Anna Bahney, CNN Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on…
Continue Reading Pentagon tracking suspected Chinese spy balloon over the US
By Oren Liebermann, Haley Britzky, Michael Conte and Nectar Gan, CNN The US is tracking a suspected Chinese high-altitude surveillance balloon over…
Continue Reading Legendary quarterback Tom Brady says he is ‘retiring for good’
By Ben Church, CNN Legendary quarterback Tom Brady has announced his retirement after 23 seasons in the NFL. “I’ll get to the point right…
Continue Reading US home prices dropped for the fifth month in a row in November
By Anna Bahney, CNN US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the…
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