Mortgage rates jump, jacking up monthly payments for new buyers
By Anna Bahney, CNN Business After taking a breather for several weeks, mortgage rates climbed again. The 30-year, fixed-rate mortgage averaged 5.23%…
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220 CEOs demand immediate action from the Senate to reduce gun violence
By Christine Romans, CNN Business More than 200 business leaders, representing employees in all 50 states, sent a joint letter to the Senate on…
Continue ReadingSheryl Sandberg’s Meta departure is the death knell for Lean In
By Nicole Goodkind, CNN Business The Covid-19 pandemic changed the nature of work in innumerable ways, some of which may not be fully discerned for…
Continue ReadingSilicon Valley braces for the good times to end
Catherine Thorbecke, CNN Business For much of the past two decades, the ethos of Silicon Valley was largely defined by Facebook’s former motto:…
Continue ReadingApple retail workers in Maryland to begin voting in historic union election
Catherine Thorbecke, CNN Business Apple workers at a retail outpost in Towson, Maryland, are set to begin voting on Wednesday in a union election,…
Continue ReadingEuropean Central Bank confirms plans for first rate hike in 11 years
By Anna Cooban and Julia Horowitz, CNN Business The European Central Bank held off on raising interest rates on Thursday, but confirmed plans for a…
Continue ReadingCould stock trading fees make a comeback?
By Julia Horowitz, CNN Business In recent years, brokerages such as Robinhood and Charles Schwab have let users buy and sell stocks online without…
Continue ReadingHow Chris Pratt went from ‘Parks and Recreation’ to ‘Jurassic World’
By Frank Pallotta, CNN Business “Jurassic World: Dominion” hits theaters this weekend, and it features one of the most successful movie…
Continue ReadingJanet Yellen: Stimulus spending contributed only modestly to inflation
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday defended the Biden administration’s 2021 stimulus package against…
Continue ReadingThis lunar robot prototype looks like a centaur meant for the moon
By Jackie Wattles, CNN Business A Japanese company has built a four-legged, rolling robot that looks vaguely like a centaur — boasting two arms…
Continue ReadingThis lunar robot prototype looks like a centaur meant for the moon
By Jackie Wattles, CNN Business A Japanese company has built a four-legged, rolling robot that looks vaguely like a centaur — boasting two arms…
Continue ReadingWall Street’s top cop proposes massive changes to the stock market
By Allison Morrow, CNN Business The agency that oversees Wall Street has proposed major changes to the way millions of everyday investors buy and…
Continue ReadingFannie and Freddie unveil plans to tackle the racial homeownership gap
By Anna Bahney, CNN Business Mortgage giants Freddie Mac and Fannie Mae announced Wednesday a series of actions that aim to make it easier to buy a…
Continue ReadingMETA alert! Facebook’s old FB stock ticker is no more
By Paul R. La Monica, CNN Business If you want to find the stock price of Mark Zuckerberg’s company, typing the familiar “FB”…
Continue ReadingWall Street’s blank-check boom has gone bust
By Paul R. La Monica, CNN Business The once hot blank-check merger trend is fading fast. The stock market has been cratering so far this year —…
Continue ReadingPresident Biden talks gun control with Jimmy Kimmel for his first in-person late night appearance
By Frank Pallotta, CNN Business President Joe Biden made his first in-person appearance on a late night talk show when he stopped by “Jimmy…
Continue ReadingRising prices are pushing shoppers to dollar stores
By Nathaniel Meyersohn, CNN Business The Great Recession in 2008 pushed struggling Americans to rely more heavily on dollar stores and prompted other…
Continue ReadingAre social media platforms like railroads? The future of Facebook and Twitter could depend on the answer
By Brian Fung, CNN Business Services like Facebook and Twitter could change radically for millions of Americans in the coming years depending on how…
Continue ReadingOpinion: Black consumers like me want change — not Juneteenth-branded products
Opinion by Lisa Osborne Ross for CNN Business Perspectives During a recent visit to Minneapolis, a colleague and I stopped by Cup Foods, the…
Continue ReadingTreasury bans Americans from buying Russian stocks and bonds
By Matt Egan, CNN Business The Biden administration has issued new investment restrictions that prohibit Americans from buying Russian stocks and…
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