CNN – Business/Consumer

By Anna Bahney, CNN New home sales rose in February, climbing for the third month in a row as mortgage rates eased off their highs of the past year…

By Danielle Wiener-Bronner, CNN Starbucks’ new CEO Laxman Narasimhan teased his plan for the company in a letter to employees. It includes…

By Mark Thompson, CNN Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates…

By Dalal Mawad, Aurore Laborie, Oliver Briscoe and Joshua Berlinger, CNN French transport networks, oil refineries and schools were hit by widespread…

By Laura He, CNN China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has unveiled a…

By Juliana Liu and Anna Cooban, CNN European and Asian markets were mixed during Thursday trade as investors digested the decision by the US Federal…

By Oliver Darcy, CNN Shou Zi Chew is getting ready for his inaugural trip to Congress. The TikTok chief executive has, for the last week,…

By Allison Morrow, CNN In congressional testimony earlier this month, Fed Chairman Jerome Powell told lawmakers that the central bank would likely…

By Jeanne Sahadi, CNN After two weeks of banking turmoil, the Federal Reserve on Wednesday continued its bid to beat down inflation by raising its…

By Marshall Cohen, CNN The judge in the Dominion Voting Systems’ defamation case against Fox News signaled his interest Wednesday in the duty…

By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…

By Nicole Goodkind, CNN Federal Reserve officials have a difficult path ahead of them. They still have work to do to bring inflation down, but their…

By Rhea Mogul, CNN A colossal police hunt for a Sikh separatist who has revived calls for an independent homeland in India’s Punjab state has…

By Juliana Liu, CNN Asia Pacific shares opened higher on Wednesday, tracking US gains, as investors awaited the US Federal Reserve’s next…

By Matt Egan, CNN JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease…

By Anna Cooban, CNN Hats, bags and gold bars emblazoned with Credit Suisse’s logo are being sold on resale sites, having popped up mere hours…

By Marshall Cohen Lawyers for Dominion Voting Systems argued Tuesday that its defamation case against Fox News is so strong that a trial isn’t…

By Matt Egan, CNN The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like…

By Oliver Darcy, CNN A Fox News producer on Monday filed a pair of explosive lawsuits against the right-wing talk channel, alleging that the…

By Michelle Toh and Anna Cooban, CNN Stocks around the world rose Tuesday as concerns about the global banking sector eased in response to a…

By Mitchell McCluskey and Rhea Mogul, CNN Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary…

By Peter Valdes-Dapena, CNN With Dodge’s legendary V8-powered muscle cars going out of production at year-end, engineers wanted the last…

By Parija Kavilanz, CNN Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching…

By Allison Morrow, CNN First Republic’s stock fell 47% to a record low Monday, as the bank struggled to persuade Wall Street it could remain…

By Anna Cooban, CNN Investors in a riskier type of Credit Suisse’s bonds had the value of their holdings slashed to zero Sunday after Swiss…

By Danielle Wiener-Bronner, CNN Starbucks’ new CEO Laxman Narasimhan has taken over the reins from interim CEO Howard Schultz, about two weeks…

By Rhea Mogul, CNN Indian authorities have blocked internet access for about 27 million people in the state of Punjab for a fourth straight day…

By Michelle Toh and Olesya Dmitracova, CNN European markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the…

By David Goldman, CNN A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar…

By Mark Thompson, CNN Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at…

By Ramishah Maruf, CNN In the wake of failures at Silicon Valley Bank and Signature Bank and separate issues at Credit Suisse and First Republic,…

By Nicole Goodkind and Krystal Hur, CNN Global banks just suffered their worst week since 2008. So what comes next? The fallout from this…

By Ramishah Maruf, CNN Wall Street can seem bewildering, given its sheer amount of jargon, banking terms, and acronyms. But as concerns mount that…

By Jordan Valinsky, CNN Business SVB Financial Group, the company that owned the failed Silicon Valley Bank until the US government took it over last…

By Anna Cooban, CNN Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of…

By Nicole Goodkind, CNN With just a few days to go until the Federal Reserve’s next interest rate decision, US policymakers are sitting between…

By Laura He, CNN China’s central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep…

By Laura He and Anna Cooban, CNN Markets in Europe and Asia rebounded Friday after First Republic Bank was rescued by a group of major US lenders,…

By Heather Chen, CNN Rapper and entrepreneur Snoop Dogg is expanding his business empire yet again, this time branching out into a line of premium…

By Nathaniel Meyersohn, CNN Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. The bank said it…

By Matt Egan, Allison Morrow and David Goldman, CNN First Republic Bank, facing a crisis of confidence from investors and customers, is set to…

By Hanna Ziady, CNN The European Central Bank stuck with its plan to hike interest rates by half a percentage point Thursday, judging that inflation…

By Mark Thompson, CNN A scramble by Switzerland’s authorities to shore up confidence in Credit Suisse went some way to calming panicked…

By Michelle Toh, Danielle Wiener-Bronner and Allison Morrow, CNN The banking meltdown over the past week has left us with more questions than…

By Laura He and Anna Cooban, CNN European markets breathed a small sigh of relief Thursday as beleaguered lender Credit Suisse accepted a loan from…