Mortgage rates fall slightly, but still hover above 5%
By Anna Bahney, CNN Business Mortgage rates took a breather last week, dropping slightly after seven consecutive weeks of increases. The 30-year…
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By Anna Bahney, CNN Business Mortgage rates took a breather last week, dropping slightly after seven consecutive weeks of increases. The 30-year…
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By Anneken Tappe, CNN Business America’s economy unexpectedly shrank in the first quarter of 2022, data from the Bureau of Economic Analysis…
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By Anna Cooban, CNN Business Some of Russia’s biggest natural gas customers in Europe’s are preparing to accept the Kremlin’s new…
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By Anna Cooban and Inke Kappeler, CNN Business Siempelkamp Giesserei has seen its fair share of crises in its 99 years. But pandemic shutdowns,…
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By Chris Isidore, CNN Business Southwest Airlines posted a first-quarter loss, but the company said that will be the last time it loses money for…
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By Julia Horowitz, CNN Business Every quarter, investors on Wall Street parse earnings for intel on how much money a company brings in and the size…
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By Chris Isidore, CNN Business In the days after its November IPO, electric truck maker Rivian was briefly one of the world’s most valuable…
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By Matt Egan, CNN Business Russia’s invasion of Ukraine has contributed to an historic shock to commodity markets that will keep global prices…
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By Frank Pallotta, CNN Business Earlier this year, Spotify found itself embroiled in a controversy sparked by one of its most notable podcast hosts,…
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By Paul R. La Monica, CNN Business Sending money to pay for things via Venmo may be all the rage among smartphone-addicted millennials and Gen Zers.…
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By Parija Kavilanz, CNN Business It’s proposal season, and engagements are on the rise. So are factory-made diamond sales. Not that you’d…
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By Matt Egan, Kara Scannell and Mark Morales, CNN Federal agents arrested Archegos Capital Management founder Sung Kook “Bill” Hwang on…
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By Beth Braverman With inflation pushing the price of just about everything higher, it’s more important than ever to keep track of how…
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By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
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By Chris Isidore, CNN Business The bad news keeps piling up for Boeing. The company is delaying the debut of its newest passenger jet to 2025, and it…
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By Paul R. La Monica, CNN Business It looks like bitcoin and other cryptocurrencies may not be digital gold after all. Bitcoin prices are down more…
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By Julia Horowitz, CNN Business The tech-heavy Nasdaq Composite was a huge beneficiary of the stock market’s epic recovery from the pandemic.…
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By Jordan Valinsky, CNN Business Members of Walmart’s discount program will get a bit of relief at the gas pump. Beginning Wednesday, Walmart+…
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By Nicole Goodkind, CNN Business Maybe that avocado toast isn’t so bad, after all. Millennials are way ahead of Baby Boomers when it comes to…
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By Laura He, CNN Business China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point because…
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By Paul R. La Monica, CNN Business Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the…
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By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
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By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
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By Ramishah Maruf, CNN Up to a quarter million Ford Explorers are being recalled due to a mechanical problem that can cause the SUV to roll away…
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By Nicole Goodkind, CNN Business Robinhood CEO Vlad Tenev announced Tuesday afternoon that the online trading platform will lay off 9% of its…
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By Sugam Pokharel and Mark Thompson, CNN Business Russia has cut off natural gas supplies to Poland and Bulgaria, dramatically escalating its…
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By Matt Egan, CNN Business The Senate voted on Tuesday to confirm Lael Brainard as the Federal Reserve’s vice chair, approving a key Biden…
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By Chris Isidore, CNN Business The first all-electric Ford F-150 Lightning rolled off the assembly line in Detroit on Tuesday, with a great deal…
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By Nicole Goodkind, CNN Business Inflation is at a 40-year high, and Americans are feeling it. A gallon of gas costs about double what it cost in…
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By Nicole Goodkind, CNN Business US markets plunged on Tuesday. The Dow fell 810 points, or 2.4%, as an April sell-off spurred by fears of an…
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By Jeanne Sahadi, CNN Business Fidelity Investments announced Tuesday that it will offer bitcoin as an investment option in its 401(k) plans by the…
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By Jeanne Sahadi, CNN Business Fidelity Investments announced Tuesday that it will offer bitcoin as an investment option in its 401(k) plans by the…
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By Oliver Darcy, CNN Business The New York Post and Michelle Gotthelf, the former editor in chief of the tabloid’s digital operation, announced…
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By Matt Egan, CNN Business Deutsche Bank raised eyebrows earlier this month by becoming the first major bank to forecast a US recession, albeit a…
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By Paul R. La Monica, CNN Business Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the…
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By Brian Stelter, CNN Business As Netflix licks its wounds and investors worry about big streaming bets, David Zaslav is positioning Warner Bros.…
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By Michelle Toh, CNN Business Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and…
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By Michelle Toh, CNN Business Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and…
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By Anna Bahney, CNN Business US home prices continued to surge higher in February. Prices rose 19.8% year-over-year in February, an even higher rate…
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Opinion by Levar Stoney and John Giles for CNN Business Perspectives Families across America are precariously perched on the edge of a hunger cliff.…
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By Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy Twitter, one of the…
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By Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy Twitter, one of the…
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By Nicole Goodkind, CNN Business The US Senate has retirement on the brain, and it’s not because the average age of the legislative body is 64.…
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By Laura He, CNN Business China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point because…
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By Laura He, CNN Business Chinese stocks slumped deeper into a bear market Tuesday and the yuan traded near a 17-month low as investors grow…
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By Ramishah Maruf, CNN Business The National Labor Relations Board petitioned in federal court to force Starbucks to rehire three workers who claimed…
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By Matt Egan, CNN Business Stock markets are turbulent and Morgan Stanley is warning clients the ride is about to get even bumpier. Investors have…
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By Matt Egan, CNN Business Elon Musk’s quest to become a social media mogul is dealing a blow to Donald Trump’s social venture. Shares of…
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By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
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By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
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