This developer is happy that new home construction is falling
By Nicole Goodkind, CNN Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of…
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This developer is happy that new home construction is falling
(CNN) — Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of…
Continue ReadingMore rate hikes are needed, says Fed’s Mary Daly
By Nicole Goodkind, CNN Business Federal Reserve policymakers will need to raise interest rates higher and keep them there longer to tackle the…
Continue Reading$30 million of Funko Pop! toys will be thrown in the trash
By Nicole Goodkind, CNN Business Thirty million dollars worth of Funko Pop! figures — those big-headed, vinyl pop-culture dolls — will…
Continue ReadingCNN anchor Kasie Hunt gives birth in surprise 13-minute labor
By Nicole Goodkind, CNN CNN anchor and chief national affairs analyst Kasie Hunt and husband Matthew Mario Rivera welcomed their second child to the…
Continue ReadingIt’s Hell Week on Wall Street
By Nicole Goodkind, CNN Wall Street investors are gearing up for their version of Hell Week — a torrent of jobs data coming over the next few days…
Continue ReadingChina to increase defense spending 7.2%, sets economic growth target of ‘around 5%’ for 2023
By Laura He, Simone McCarthy and Wayne Chang, CNN China has set an official economic growth target of “around 5%” for 2023, as it seeks…
Continue ReadingTesla recalls almost 3,500 Model Y cars for loose bolts
By Ramishah Maruf, CNN Tesla is recalling 3,470 2022-2023 Model Y cars due to bolts in the second-row seat back frames not being secured properly. An…
Continue ReadingProsecutors want Sam Bankman-Fried to use a flip phone as part of a more restrictive bail package
By Kara Scannell, CNN The use of a flip phone, or some non-smartphone, is one of several restrictions that prosecutors and Sam Bankman-Fried’s…
Continue ReadingBoeing CEO Calhoun just missed out on a $7 million bonus. But he still got a raise
By Chris Isidore, CNN Boeing CEO David Calhoun missed out on a $7 million bonus last year, but still got a raise. Boeing’s proxy filing Friday…
Continue ReadingDespite toxic disaster, railroads still want single-person crews
By Chris Isidore, CNN The nation’s major freight railroads have long desired to have only one crew member, a lone engineer, in the cab of their…
Continue ReadingWhy the ‘zip-a-dee-doo-dah’ lyric is so controversial — and why Disneyland has removed it
By Jordan Valinsky and Natasha Chen, CNN Disneyland has removed the “zip-a-dee-doo-dah” lyric played during its park parades because it…
Continue ReadingWalgreens will not distribute abortion pill in 20 states
By Nathaniel Meyersohn and Carma Hassan, CNN Walgreens on Friday said it will not distribute abortion medication in 20 states, bowing to pressure…
Continue ReadingThe car of the future? Ford applies for patent on car that can automatically repossess itself
By Peter Valdes-Dapena, CNN Ford has some interesting ideas on what self-driving cars might soon be able to do. Besides freeing us from the tedium of…
Continue ReadingCFPB: What it does and why its future is in question
By Jeanne Sahadi, CNN The US Supreme Court decided this week to hear a case that will consider the constitutionality of funding for the Consumer…
Continue ReadingRussia may run out of money in 2024, says oligarch
By Olesya Dmitracova, CNN Russia could find itself with no money as soon as next year and needs foreign investment, outspoken Russian oligarch Oleg…
Continue ReadingBTS mastermind on HYBE-SM deal: We’re not ‘trying to take over the whole industry’
By Michelle Toh and Richard Quest, CNN The billionaire mastermind behind some of the world’s biggest K-pop stars is pushing back on accusations…
Continue ReadingAdani shares soar as US investor steps in
By Anna Cooban, CNN Shares in some of Indian billionaire Gautam Adani’s companies soared Friday after a US private equity firm agreed to invest…
Continue ReadingNorfolk Southern CEO sells stock and sets up scholarship fund for East Palestine
By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw sold $448,000 worth of the company’s stock this week, a month after the toxic train…
Continue ReadingNigeria’s chaotic banknote switch ruled invalid by top court
By Nimi Princewill and Stephanie Busari, CNN Nigeria’s botched attempt to replace its banknotes has been declared invalid by the…
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