Think mortgage rates are high now? Homebuyers in the 1980s were paying 19%
By Anna Bahney, CNN Business Think mortgage rates are high now? Connie Strait remembers when she was starting her career in real estate in the early…
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By Anna Bahney, CNN Business Think mortgage rates are high now? Connie Strait remembers when she was starting her career in real estate in the early…
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By Paul R. La Monica, CNN Business Maybe that October market rally has some legs after all? Stocks were mostly unchanged Wednesday, even as a fresh…
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By Parija Kavilanz, CNN Business So much for impulse buying at H&M. The next time you shop there, specifically online, and then regret bagging…
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By Reuters and Anna Cooban, CNN Business The German government announced plans to borrow €200 billion ($195 billion) to cap natural gas prices for…
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By Nathaniel Meyersohn, CNN Business Bed Bath & Beyond is losing shoppers and money at a rapid clip, and the company will need to quickly…
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By Chris Isidore, CNN Business High prices and rising interest rates are putting used cars out of reach for a growing number of car shoppers.…
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By Paul R. La Monica, CNN Business The third quarter is about to end — and investors are wishing the past nine months good riddance. Stocks…
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By Anna Bahney, CNN Business Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70%…
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By Nathaniel Meyersohn, CNN Business You may not be anywhere close to ready for the holidays — but retail chains certainly are. Christmas trees are…
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By Alicia Wallace, CNN Business The number of first-time claims for unemployment benefits dropped considerably last week, underscoring how employers…
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By Alicia Wallace, CNN Business The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product…
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By Nicole Goodkind, CNN Business The global bond market is having a historically awful year. The yield on the 10-year US Treasury bond, a proxy for…
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By Nathaniel Meyersohn, CNN Business We have all heard of Band-Aid, Tylenol, Benadryl and Johnson’s baby powder. We have never heard of the new…
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By Paul R. La Monica, CNN Business Stocks kicked off October with more treats than tricks for investors. The market rallied to begin the fourth…
Continue ReadingBy Michelle Toh, CNN Business Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited…
Continue ReadingBy Laura He, CNN Business China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies…
Continue ReadingBy Oliver Darcy, CNN Business Donald Trump berated ABC News anchor George Stephanopoulos, descending into a profanity-laced tirade after the…
Continue ReadingBy Oliver Darcy, CNN Business Donald Trump berated ABC News anchor George Stephanopoulos, descending into a profanity-laced tirade after the…
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By Matt McFarland and Anna Cooban, CNN Business Shares of Porsche gained as much as 5% on their stock market debut in Frankfurt after Volkswagen spun…
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By Parija Kavilanz, CNN Business Billionaire philanthropist MacKenzie Scott has filed for divorce from her second husband after less than two years…
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By Danielle Wiener-Bronner and Matt Egan Hurricane Ian is the latest natural disaster to impact food prices. The storm hitting Florida is already…
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By Rob Picheta, CNN Western nations have said leaks in two Russian gas pipelines, Nord Stream 1 and 2, are likely the result of sabotage. On Monday,…
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By Paul R. La Monica, CNN Business Having an executive allegedly bite someone’s nose might be the least of Beyond Meat’s problems.…
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By Julia Horowitz, CNN Business The Federal Reserve is laser-focused on stemming price increases in the United States. But countries thousands of…
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By Jordan Valinsky, CNN Business The US Chamber of Commerce and other trade groups filed a lawsuit against the Consumer Financial Protection Bureau…
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By Nicole Goodkind, CNN Business It’s been a cold, hard crypto winter. But signs of a thaw, spurred on by global currency chaos, are beginning…
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By Paul R. La Monica, CNN Business US stocks and bonds rallied Wednesday after the Bank of England said it would buy UK government debt “on…
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By Chris Isidore, CNN Business Employers seem poised to pull back on the normal rush of seasonal hiring, which experts say is another warning bell…
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By Julia Horowitz, CNN Business Former Bank of England Deputy Governor Charlie Bean said the central bank will almost certainly announce an emergency…
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By Anna Cooban, CNN Business House prices in the United Kingdom could plummet by as much as 15% if the country presses ahead with its tax-slashing…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Earlier this year, Mars shocked the internet when it unveiled new looks for its M&M’S characters.…
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By Mark Thompson and Rob North, CNN Business The Bank of England said Wednesday it would buy UK government debt “on whatever scale is…
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By Jordan Valinsky, CNN Business First it was streaming services, then it was tacos and now the newest subscription you might be paying for: Chinese…
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By Mark Thompson and Rob North, CNN Business One of the world’s leading multilateral financial institutions has joined a chorus of criticism of…
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By Jessie Yeung and Chris Liakos, CNN Leaders of several Western countries have said leaks in two Russian gas pipelines are likely the result of…
Continue ReadingBy Michelle Toh and Anna Cooban, CNN Business Asian and European stocks fell Wednesday after another turbulent day for US markets, as investors…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Earlier this year, Mars shocked the internet when it unveiled new looks for its M&M’S characters.…
Continue ReadingBy Oliver Darcy, CNN Business The financial news publication Fast Company took the extraordinary step Tuesday night of shutting down its website…
Continue ReadingBy Jordan Valinsky, CNN Business The Hamburglar is back at McDonald’s. But this time, it’s just for adults. McDonald’s is bringing…
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By Anna Cooban, CNN Business The European Union wants to raise €140 billion ($140 billion) by tapping the windfall earnings of some energy…
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By Reuters and Chris Liakos, CNN European countries on Tuesday raced to investigate unexplained leaks in two Russian gas pipelines running under the…
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By Peter Valdes-Dapena, CNN Business Reversing a century of tradition, most cars now sell for over the manufacturer’s sticker price. This is…
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By Paul R. La Monica, CNN Business Fans of the cult classic movie “The Hudsucker Proxy” will remember that the main character kept…
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By Julia Horowitz, CNN Business The pound may have paused its headlong crash toward parity with the US dollar, but the damage to the UK economy…
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By Matt McFarland, CNN Business Hertz and BP plan to build a network of thousands of electric vehicle chargers in North America, the companies said…
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By Frank Pallotta, CNN Business It looks like “Don’t Worry Darling” didn’t have that much to worry about. The Warner Bros.…
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By Frank Pallotta, CNN Business It looks like “Don’t Worry Darling” didn’t have that much to worry about. The Warner Bros.…
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By Anna Cooban, CNN Business Millions of mortgage borrowers in the United Kingdom are bracing themselves for huge hikes to their monthly payments as…
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By Anna Cooban, CNN Business Millions of mortgage borrowers in the United Kingdom are bracing themselves for huge hikes to their monthly payments as…
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By Anna Bahney, CNN Business New home sales bounced back in August despite high prices and rising mortgage rates that have pushed some buyers away.…
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