Mortgage rates reach highest level since 2008
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue ReadingBy Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of…
Continue ReadingBy Paul R. La Monica, CNN Business Movie theater chain AMC is a top pick for meme investors, but the stock hasn’t exactly turned out to be the…
Continue ReadingBy Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant…
Continue ReadingBy Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant…
Continue ReadingMartha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue ReadingBy Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue ReadingBy Peter Valdes-Dapena, CNN Business General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact…
Continue ReadingBy Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue ReadingOpinion by Gad Levanon for CNN Business Perspectives So far this year, the US economy has managed to skirt a recession, despite what many experts…
Continue ReadingBy Alicia Wallace, CNN Business Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for…
Continue ReadingBy Mark Thompson, CNN Business The European Central Bank hiked interest rates by a record three-quarters of a percentage point on Thursday and…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Jeep will bring out three new all-electric SUVs over the next few years as it moves toward selling only electric…
Continue ReadingBy Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses,…
Continue ReadingBy Michelle Toh and Swati Gupta, CNN Business Amazon will halt the sale of devices that can disable seatbelt alarms in India following a request from…
Continue ReadingBy Lauren Kent, CNN Big oil companies are spending millions to portray themselves as taking action on climate change, but their investments and…
Continue ReadingBy Rishi Iyengar, CNN Business Amazon CEO Andy Jassy isn’t looking to force the company’s workers back into the office anytime soon.…
Continue ReadingBy Jackie Wattles and Samantha Murphy Kelly, CNN Apple announced a forthcoming satellite connectivity feature called Emergency SOS via Satellite at…
Continue ReadingBy Catherine Thorbecke, CNN Business The days of using a paper clip to perform microsurgery to extract a tiny SIM card from a little tray in your…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Apple unveiled its new iPhone 14 lineup at a press event on Wednesday, along with three new Apple Watch…
Continue ReadingBy Matt McFarland, CNN Business The Tesla Model Y received the highest grade of any vehicle in a European safety test that ranked driver-assist…
Continue ReadingBy Jackie Wattles, CNN Business The US military is racking up deals with commercial rocket companies to explore the idea of using rockets typically…
Continue ReadingBy Matt Egan Oil prices dropped sharply on Wednesday, deepening a selloff that has already brought relief to drivers at the gas pump. US oil tumbled…
Continue ReadingBy Matt Egan Oil prices dropped sharply on Wednesday, deepening a selloff that has already brought relief to drivers at the gas pump. US oil tumbled…
Continue ReadingBy Paul R. La Monica, CNN Business Billionaire Ryan Cohen profited big when he briefly invested in struggling retailer Bed Bath & Beyond and…
Continue ReadingBy Frank Pallotta, CNN Business Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said…
Continue ReadingBy Chris Isidore, CNN Business The Major League Baseball Players Association is joining the AFL-CIO, the nation’s largest labor federation that…
Continue ReadingBy Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses,…
Continue ReadingBy Matt McFarland, CNN Business Tesla’s price for the feature it calls “full self-driving” has increased again. This time to…
Continue ReadingBy Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue ReadingBy David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series…
Continue ReadingBy David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series…
Continue ReadingBy Clare Duffy, CNN Business A Delaware judge on Wednesday denied Elon Musk’s request to delay his trial with Twitter over their $44 billion…
Continue ReadingBy Anna Cooban, CNN Business The United Kingdom’s new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion)…
Continue ReadingBy Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue ReadingBy Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue ReadingBy Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue ReadingBy Jordan Valinsky, CNN Business Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive…
Continue ReadingBy Nicole Goodkind, CNN Business The world is in desperate need of water. Drought and increasing temperatures have threatened to impact nearly every…
Continue ReadingBy Laura He, CNN Business China’s zero-Covid strategy of endless testing and lockdowns has hammered its economy and taken a toll on company…
Continue ReadingBy Laura He, CNN Business China’s zero-Covid strategy of endless testings and lockdowns has hammered its economy and taken a toll on company…
Continue ReadingBy Jackie Wattles, CNN Business NASA’s massive new moon rocket hit another snag during its latest attempt to launch an uncrewed test mission,…
Continue ReadingBy Jackie Wattles, CNN Business NASA has two new dates in mind — September 23 or September 27 — for the next attempt at launching its massive new…
Continue ReadingBy Donie O’Sullivan and Richa Naik, CNN Clara Sorrenti, a trans activist who was forced to flee her home in Canada after users of a hate-filled…
Continue ReadingBy Donie O’Sullivan and Richa Naik, CNN Clara Sorrenti, a trans activist who was forced to flee her home in Canada after users of a hate-filled…
Continue ReadingBy Rishi Iyengar, CNN Business Elizabeth Holmes, the founder of failed blood testing startup Theranos who was convicted of fraud earlier this year,…
Continue ReadingBy Alexandra Peers, CNN Business Herb Kohler, Jr., the former head of his family’s namesake global plumbing empire, died Saturday at the age of…
Continue ReadingBy Paul R. La Monica, CNN Business Apple’s stock has been a lemon this year. Shares are down more than 10% so far in 2022, and Apple is trading…
Continue ReadingBy Peter Valdes-Dapena, CNN Business California’s powerful Air Resources Board recently passed new regulations that essentially require all…
Continue ReadingBy Julia Horowitz, CNN Business Liz Truss has a lot on her plate. The United Kingdom is heading for a recession. Workers are going on strike as…
Continue ReadingBy Catherine Thorbecke and Samantha Murphy Kelly, CNN Business Apple is expected to debut its iPhone 14 lineup at the company’s annual…
Continue ReadingBy Matt Egan The controversial deal to take former President Donald Trump’s social media platform public faces a crucial deadline this week to…
Continue ReadingBy Catherine Thorbecke and Samantha Murphy Kelly, CNN Business Apple is expected to debut its iPhone 14 lineup at the company’s annual…
Continue ReadingBy Scottie Andrew, CNN When Marilyn Loden first used the phrase “glass ceiling” at a women’s business conference in 1978, she…
Continue ReadingOpinion by Jared Sine for CNN Business Perspectives One of the most important decisions a person can make in this life is who they choose to marry.…
Continue ReadingBy Paul R. La Monica, CNN Business It looks like Jake from State Farm won’t need to worry about protecting his home from burglars. The…
Continue ReadingBy Julia Horowitz, CNN Business Stomach-churning market turbulence has chilled dealmaking this year, as many companies decide they’d rather…
Continue ReadingBy Chris Isidore, CNN Business Freight railroads have been around since the 19th century, but you can’t run a 21st century economy without…
Continue ReadingBy Jeanne Sahadi, CNN Business The battle to get employees back into the office is about to get a little more heated. Many companies experimenting…
Continue ReadingBy Jeanne Sahadi, CNN Business The battle to get employees back into the office is about to get a little more heated. Many companies experimenting…
Continue ReadingBy Jordan Valinsky, CNN Business Shares of Bed Bath & Beyond is down nearly 20% in midday trading following the death of its one its top…
Continue ReadingBy Julia Horowitz, CNN Business The iconic Porsche brand is officially going public despite stomach-churning stock market turbulence that’s…
Continue ReadingBy Chris Isidore, CNN Business Union organizing has shifted into high gear. But despite successful organizing drives at such corporate powerhouses as…
Continue ReadingBy Cheri Mossburg and Danielle Wiener-Bronner, CNN Business In a move the restaurant industry warns could raise fast-food prices, California’s…
Continue ReadingBy Rachel Metz, CNN Business Jason M. Allen was almost too nervous to enter his first art competition. Now, his award-winning image is sparking…
Continue ReadingBy Paul R. La Monica, CNN Business Move over, Big Tech: Oil just might be the new FAANG. Energy stocks fell last week as oil prices tumbled. But…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Heading to the beach this Labor Day weekend? Chances are you’ll see Tommy Bahama-branded chairs, umbrellas…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Forget breakfast, lunch and dinner. People can’t get enough of the in-between. Big companies report…
Continue ReadingBy Rishi Iyengar, CNN Business Flights used to be a chance to sit back (albeit a bit cramped) and watch a recently released movie or catch up on some…
Continue ReadingBy Ramishah Maruf, CNN Labor Day, which recognizes the many contributions workers have made to the prosperity of the United States, also marks the…
Continue ReadingBy Chris Isidore, CNN Business Over the past year, the nascent labor movements at mighty corporations like Starbucks and Amazon have grabbed national…
Continue ReadingBy Anna Cooban, CNN Business Europe’s energy crisis is deepening as Russia further limits exports of natural gas, forcing governments to spend…
Continue ReadingBy Mark Thompson, CNN Business OPEC said Monday it would reduce oil production next month, the cartel’s first output cut since the depths of…
Continue ReadingBy Swati Gupta and Michelle Toh, CNN Business Cyrus Mistry, the Indian scion of one of the country’s most prominent empires, died in a road…
Continue ReadingBy Donie O’Sullivan, CNN Cloudflare, a major American internet services company, pulled its support for Kiwi Farms, a controversial online…
Continue ReadingBy Jordan Valinsky, CNN Business Shares of Bed Bath & Beyond is down nearly 20% in midday trading following the death of its one its top…
Continue ReadingBy Brynn Gingras, Liam Reilly, Ramishah Maruf and Samantha Beech, CNN A man who jumped to his death from a high-rise apartment in Manhattan has been…
Continue ReadingBy Parija Kavilanz, CNN Business As Sarah Longmore finished her back-to-school shopping, the mother of five looked at a $25 backpack for her…
Continue ReadingBy Julia Horowitz, CNN Business Across the United Kingdom, businesses and households are warning that they won’t make it through the winter…
Continue ReadingBy Brian Fung, CNN Parler, the social media platform frequented by many conservatives, is being restored to Google’s app store following what…
Continue ReadingMartha C. White On Friday, the Bureau of Labor Statistics reported that the US unemployment rate had ticked up to 3.7% in August, an increase that…
Continue ReadingBy Jordan Valinsky, CNN Business Approximately 14,400 strollers manufactured by UPPAbaby are being recalled because of a risk of amputating…
Continue ReadingBy Uliana Pavlova and Anna Cooban, CNN Business Russia won’t immediately resume exports of natural gas to Europe through its Nord Stream 1…
Continue ReadingBy Ivana Kottasová, CNN At least eight prominent Russian businessmen have reportedly died by suicide or in as yet unexplained accidents since late…
Continue ReadingOpinion by Joseph H. Davis for CNN Business Perspectives Hardly a day goes by without news about inflation and the growing risk of recession.…
Continue ReadingBy Brian Fung, CNN House Republicans want Meta CEO Mark Zuckerberg to hand over a vast array of additional records pertaining to the company’s…
Continue ReadingBy Chris Isidore, CNN Business Amazon has lost the first round in its effort to overturn a historic union victory at a Staten Island facility. A…
Continue ReadingBy Nicole Goodkind, CNN Business The US has a jobs problem: There are too many of them. There are currently around two jobs available for every…
Continue ReadingMartha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue ReadingBy Alicia Wallace, CNN Business The economy added 315,000 jobs in August, exceeding economists’ expectations but far below July’s blowout…
Continue ReadingBy Alex Stambaugh, Julia Horowitz and Michelle Toh, CNN Business The West’s biggest economies on Friday agreed to impose a price cap on Russian…
Continue ReadingBy Hilary Whiteman, CNN Australia shut its borders for more than two years during the pandemic, but it also blocked access to potential workers and…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Starbucks has tapped Laxman Narasimhan as its next CEO. Narasimhan will become incoming CEO at Starbucks on…
Continue ReadingBy Catherine Thorbecke, CNN Business With Apple widely expected to unveil the new iPhone 14 lineup at its upcoming event next Wednesday, a big…
Continue ReadingBy Matt McFarland, CNN Business This week Cruise, which counts General Motors as its largest shareholder, became the first robotaxi operator to…
Continue ReadingBy Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue ReadingBy Matt Egan and Anna Bahney, CNN Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Add a Sam’s Club membership to the list of subscriptions that are getting more expensive. The warehouse…
Continue ReadingBy Alicia Wallace, CNN Business The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest…
Continue ReadingBy Clare Duffy, CNN Business After years of users clamoring for such a feature, Twitter is finally testing edited tweets. Twitter said in — where…
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