Mortgage rates top 7% for the first time since 2002
By Anna Bahney, CNN Business Mortgage rates rose again this week, topping 7% for the first time since 2002. The 30-year fixed-rate mortgage averaged…
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By Anna Bahney, CNN Business Mortgage rates rose again this week, topping 7% for the first time since 2002. The 30-year fixed-rate mortgage averaged…
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By Clare Duffy, CNN Business Apple is about to offer its first hints about iPhone 14 sales after weeks of rumors that demand for its latest…
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By Amanda Musa and Jennifer Henderson, CNN The Miss Universe Organization has suspended Miss USA President Crystle Stewart and her company, Miss…
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By Chris Isidore, Matt McFarland and Peter Valdes-Dapena, CNN Business Ford is essentially pulling the plug on an effort to develop its first full…
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By Clare Duffy, CNN Business Elon Musk attempted to reassure Twitter’s advertisers about the future of the platform in an open letter Thursday,…
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By Matt McFarland, CNN Business Denis Wang says he always hated the car-buying process — until he met Rivian. Buying the automaker’s R1T…
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By Hanna Ziady, CNN Business The European Central Bank hiked interest rates by three quarters of a percentage point on Thursday, promising further…
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By Jordan Valinsky, CNN Business Peloton has “indefinitely paused” playing Kanye West’s music from its streaming workout classes.…
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By Matt Egan, CNN Business Colorado Sen. John Hickenlooper is pleading with the Federal Reserve to pause its relentless attack on crushing inflation…
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By Rob Picheta, Lauren Said-Moorhouse, Max Foster and Lauren Kent, CNN Prince Harry’s highly anticipated memoir will be entitled…
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By Anna Cooban, CNN Business Global fossil fuel emissions are expected to peak in 2025 as countries commit huge sums of money toward low-carbon…
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By Nicole Goodkind, CNN Business Tech stocks are taking a beating this week as they prove less resilient to the economic downturn than investors had…
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By Hanna Ziady, CNN Business Shell will buy back $4 billion worth of shares and increase its dividend by 15% after posting another gigantic quarterly…
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By Julia Horowitz, CNN Business Credit Suisse will raise $4 billion to step back from Wall Street and double down on managing the finances of the…
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By Jessie Yeung and Kocha Olarn, CNN A Thai media tycoon and transgender rights advocate has bought the Miss Universe Organization for $20 million,…
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By Michelle Toh and Gawon Bae, CNN Business Samsung has appointed Jay Y. Lee, its longtime de facto leader, as executive chairman. The move was…
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By Oliver Darcy, CNN Business “Unsettling.” That’s the sort of news CNN staffers had delivered to their inboxes at 1pm ET on…
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Alexandra Peers, CNN A roar of corporate earnings came out this week and last, and the information piling up from the backbone-of-American-buyers…
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By Rob McLean, CNN Business Athletic shoe company Skechers said in a statement Wednesday that two of its executives escorted embattled musician Kanye…
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By Matt McFarland, CNN Business Ford and Volkswagen, two of the world’s largest automakers, are shutting down their joint effort to develop…
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By Clare Duffy, CNN Business Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is…
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By Jessica Schneider and Hannah Rabinowitz, CNN Attorney General Merrick Garland announced Wednesday that the Justice Department formally introduced…
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By Matt McFarland, CNN Business Intel spun out its driver-assist subsidiary Mobileye Wednesday and raised $861 million in the initial public…
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By Parija Kavilanz, CNN Business The list of companies cutting ties with artist and designer Ye following a series of antisemitic remarks continues…
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By Chris Isidore and Vanessa Yurkevich, CNN Business Rank and file members of another railroad union have rejected a tentative labor deal, a move…
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By Donie O’Sullivan and Clare Duffy, CNN Business Elon Musk plans to visit Twitter’s San Francisco office this week ahead of the expected…
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By Nicole Goodkind, CNN Business The Securities and Exchange Commission voted Wednesday to adopt a new rule that would require public companies to…
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By Samantha Murphy Kelly, CNN Business The iPhone will support USB-C charging in the European Union to comply with a new ruling that mandates…
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By Zoe Sottile and Claudia Dominguez, CNN Two disgruntled customers are suing a California marijuana company, alleging that their prerolled joints…
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By Peter Valdes-Dapena, CNN Business General Motors makes a big deal out of the Ultium battery technology underpinning its new and upcoming electric…
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By Anna Bahney, CNN Business New home sales fell in September amid rising mortgage rates that have pushed some buyers away from the housing market.…
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By Zoe Sottile, CNN The Powerball jackpot soared to a whopping $800 million after Wednesday night’s drawing yielded no grand prize winning…
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By Nicole Goodkind, CNN Business Imminent recession is the topic du jour. From Goldman Sachs to the IMF, analysts and economists seem to agree that…
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By Jordan Valinsky, CNN Business Roughly 37 million bottles of Pine-Sol products have been recalled because they could contain a potentially harmful…
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By Matt Egan, CNN Business Democratic Sen. Sherrod Brown is warning the Federal Reserve not to attack inflation so aggressively that it undoes the…
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By Paul R. La Monica, CNN Business Consumers may be worried about inflation and rising interest rates. But don’t tell that to Wall Street.…
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By Clare Duffy, CNN Business Google may be the giant in the digital advertising world, but even it is not immune to the impact that the economic…
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By Paul R. La Monica, CNN Business Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a…
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By Jordan Valinsky, CNN Business Bed Bath and Beyond has named a new CEO — and investors were selling the stock. The beleaguered retailer has…
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By Chris Isidore, CNN Business Boeing reported an unexpected loss in the third quarter Wednesday after taking a massive $2.8 billion charge related…
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By Anna Cooban, CNN Business Europe has more natural gas than it knows what to do with. So much, in fact, that spot prices briefly went negative…
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By Frank Pallotta, CNN Business Ye — formerly known as Kanye West — has lost partnerships with fashion brands including Gap, Balenciaga and…
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By Nicole Goodkind, CNN Business Imminent recession is the topic du jour. From Goldman Sachs to the IMF, analysts and economists seem to agree that…
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By Hanna Ziady and Julia Horowitz, CNN Business The UK government has delayed its budget by more than two weeks, buying new Prime Minister Rishi…
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By Rob McLean, CNN Business Two high profile athletes are leaving Kanye West’s sports agency, Donda Sports, in the wake of the artist and…
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By Chris Isidore, CNN Business Rapper Ye’s falling out with corporate partners has cost him his status as a billionaire, according to Forbes.…
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By Jeanne Sahadi, CNN Business There are few places to keep your cash these days that can protect your money from inflation. And while you might have…
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By Catherine Thorbecke, CNN Business Microsoft posted a double-digit profit decline in the three-month period ending in September as the company…
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By Skyler Hill and Rebekah Riess, CNN Business Authorities in Excelsior Springs, Missouri, have launched an investigation into the death of an Amazon…
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By Parija Kavilanz, CNN Business As the corporate backlash against Kanye West mounts, Gap has announced it is pulling the rapper’s Yeezy Gap…
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By Gabe Cohen, CNN At the Senior Friendship Center in Sarasota, Florida, talking about inflation really strikes a chord. At a card table there, CNN…
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By Nathaniel Meyersohn, CNN Business In 2013, Adidas struck a deal with Kanye West to create Yeezy-branded shoe and clothing collections for the…
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By Clare Duffy, CNN Business In recent months, bots have been top of mind for many who track the social media industry, thanks to Elon Musk’s…
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By Catherine Thorbecke, CNN Business Six months after the grassroots Amazon Labor Union scored a historic victory by becoming the first to unionize…
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By Danielle Wiener-Bronner, CNN Business Over the past year, Coca-Cola has experimented with bizarre, limited-time flavors and immersive online…
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By Nicole Goodkind, CNN Business It’s safe to say that the global economy is in a pretty bad place right now: The vast majority of economists…
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By Anna Bahney, CNN Business After more than doubling this year, mortgage rates are expected to retreat in 2023, according to an updated forecast…
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By Paul R. La Monica, CNN Business What’s the best way to invest? Plenty of active traders are out there trying to make a quick buck on meme…
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By Michelle Toh, CNN Business WhatsApp suffered a serious outage on Tuesday, preventing users across the globe from sending or receiving messages on…
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By Hanna Ziady, CNN Business Some of the top names on Wall Street think a US recession is now likely, if not inevitable. But they have bigger worries…
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By Jordan Valinsky, CNN Business McDonald’s McRib is soon returning to its menus — and this could be the last time. The chain said the…
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By Anna Bahney, CNN Business US home prices continued to gain ground in August, but the pace of growth slowed considerably as rising mortgage rates…
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By Alicia Wallace, CNN Business US consumer confidence fell in October to the lowest level since July as high borrowing costs and soaring inflation…
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By Rob McLean, CNN Business Athletic shoe company Skechers said in a statement Wednesday that two of its executives escorted embattled musician Kanye…
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By Anna Cooban, CNN Business A winter vacation package that claimed it could save Brits more than £200 ($229) on their soaring bills for rent, food…
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By Anna Cooban, CNN Business A winter vacation package that claimed it could save Brits more than £200 ($229) on their soaring bills for rent, food…
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By Jennifer Korn, CNN Business Amazon is rolling out a new option for customers to pay with Venmo. Starting Tuesday, select customers will see an…
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By Samantha Murphy Kelly, CNN Business After Rebecca Kasten Higgins lost her husband in a car accident a few days before their 20th anniversary in…
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By Tara John, CNN N. R. Narayana Murthy, one of India’s richest people, had mixed feelings when he first heard about the man who would become…
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By Ramishah Maruf, CNN Business In the last few weeks, retailers, social media platforms, celebrities and fashion and entertainment companies have…
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By Chris Isidore, CNN Business General Motors says its supply chain issues are improving. That allowed the company to post better-than-expected…
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By Jordan Valinsky, CNN Business Adidas has ended its partnership with Ye, also known as Kanye West, with “immediate effect.” In a…
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By Laura He, CNN Business China’s yuan tumbled on Tuesday to its lowest level in nearly 15 years on Tuesday as investors fled Chinese assets…
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By Jon Sarlin, CNN Business “I can say antisemitic s*** and Adidas cannot drop me,” Kanye West said during his now infamous tirade…
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By Jon Sarlin, CNN Business “I can say antisemitic s*** and Adidas cannot drop me,” Kanye West said during his now infamous tirade…
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By Nathaniel Meyersohn, CNN Business Unilever has recalled certain Dove, Nexxus, Suave, TIGI and TRESemmé aerosol dry shampoos because of the…
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By Samantha Murphy Kelly, CNN Business YouTube is rolling out what it calls a “small makeover” with a handful of new features and design…
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By Samantha Murphy Kelly, CNN Business YouTube is rolling out what it calls a “small makeover” with a handful of new features and design…
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By Brian Fung, CNN The Federal Trade Commission is seeking tough new restrictions against Drizly, the alcoholic beverage delivery platform, after…
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By Brian Fung, CNN The Federal Trade Commission is seeking tough new restrictions against Drizly, the alcoholic beverage delivery platform, after…
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By Paul R. La Monica, CNN Business October may be famous for historically horrifying stock market crashes like the ones in 1929, 1987 and 2008. But…
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By Catherine Thorbecke, CNN Business Apple on Monday raised the price of its music and video streaming services, in the latest example of streaming…
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By Frank Pallotta, CNN Business Sen. Ted Cruz’s “The View” interview was disrupted by protesters multiple times on Monday,…
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By Frank Pallotta, CNN Business Sen. Ted Cruz’s “The View” interview was disrupted by protesters multiple times on Monday,…
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By Sophia Saifi, Bethlehem Feleke and Irene Nasser, CNN Arshad Sharif, a prominent Pakistani journalist who fled the country after he was charged…
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By Christine Romans, CNN Kraft Heinz CEO Miguel Patricio says higher inflation and supply issues are coursing through the food industry, forcing…
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By Brian Fung, CNN A landmark law requiring Apple and other electronics makers to adopt USB-C as a universal charging standard in the European Union…
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By Matt Egan, CNN Business Goldman Sachs is urging the Federal Reserve to be patient in its quest to squash inflation. Even though inflation remains…
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By Rachel Ramirez, CNN The end of October is a sugar avalanche as kids don their Halloween costumes and snag as many sticky sweets as they can. But…
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By Paul R. La Monica, CNN Business The housing market is rapidly losing steam. Interest rates continue to rise. The stock market remains volatile.…
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By Frank Pallotta, CNN Business Who says movie stars no longer matter in Hollywood? Theaters and box offices got a much-needed boost this weekend…
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By Yenny Sanchez, CNN If you’re one of those people who created a social media page for your dog, then keep reading … Yappy.com, an…
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By Nicole Goodkind, CNN Business ESG investing — evaluating companies using environmental, social and governance factors — was one of the…
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By Alicia Wallace, CNN Business Almost two-thirds of corporate economists believe the United States is already in a recession or will be within the…
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By Anna Bahney The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked…
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By Ramishah Maruf, CNN It’s been a good year for Chick-fil-A — a recent survey ranked it as Gen Z’s top restaurant, with 15% of…
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By Parija Kavilanz, CNN Business Tupperware wants to be where the cool kids play. The 76-year-old brand is on a quest to grab the attention of…
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By Clare Duffy, CNN Business The clock is ticking for Elon Musk to complete his deal to buy Twitter. The billionaire Tesla CEO has until 5 p.m. ET on…
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By Paul R. La Monica, CNN Business Banks are in a bind. Rising interest rates should be good news for financial firms because they boost…
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By Julia Horowitz, CNN Business Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting…
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