What to do with your credit card debt now that the Fed raised rates again
By Jeanne Sahadi, CNN The Federal Reserve on Wednesday raised its key interest rate for the ninth time since last March. Each time the Fed raises the…
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Airfares across Asia are sky-high this year. Here’s why
By Michelle Toh, CNN Travelers across Asia Pacific will likely continue to fork out more than usual for flights this year, even as planes return to…
Continue ReadingFed official: People ‘hate’ inflation. That trumps bank stress and job loss
By Matt Egan, CNN The Federal Reserve faced a particularly vexing decision this week: Should it raise interest rates during a bank crisis? For Tom…
Continue ReadingWhat the banking crisis means for your job
By Alicia Wallace, CNN One of the biggest unknowns since the Federal Reserve started its historic rate-hiking campaign has been how many jobs could…
Continue ReadingEU was set to ban internal combustion engine cars. Then Germany suddenly changed its mind
By Ivana Kottasová, CNN When EU lawmakers voted to ban the sale of new combustion engine cars in the bloc by 2035, it was a landmark victory for…
Continue ReadingThe French are up in arms over retiring at 64. How do other countries compare?
By Hanna Ziady and Olesya Dmitracova, CNN A nationwide strike in France to protest a rise in the retirement age drew more than a million people onto…
Continue ReadingWhat the banking crisis means for mortgage rates
By Anna Bahney, CNN Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can…
Continue ReadingAmericans are going all-in on cash. That could spell more trouble
By Nicole Goodkind, CNN In the wake of Silicon Valley Bank’s collapse and subsequent banking meltdown, cash is king. The turmoil inflicted on…
Continue ReadingDeutsche Bank, UBS stocks sink as fear of European banking crisis returns
By Anna Cooban, CNN Europe’s banking stocks tumbled Friday as investors acted on their lingering worries that the recent crises at some banks…
Continue ReadingIndia’s parliament strips Rahul Gandhi of lawmaker status after defamation conviction
By Manveena Suri and Rhea Mogul, CNN The former leader of India’s main opposition political party has been disqualified as a lawmaker, a day…
Continue ReadingChinese authorities close Beijing offices of US Mintz Group detaining five local staff
By Sandi Sidhu and Chris Lau, CNN Chinese authorities have closed the Beijing office of Mintz Group, an American corporate due diligence firm, and…
Continue ReadingRussia can’t meet India arms deliveries due to Ukraine war, Indian Air Force says
By Rhea Mogul, CNN Russia is unable to honor its arms delivery commitments to India because of the war in Ukraine, the Indian Air Force (IAF) said,…
Continue ReadingUnions at Disney World win 37% pay hikes in tentative labor deal
By Chris Isidore and Vanessa Yurkevich, CNN About 32,000 hourly workers at Disney World will get raises equal to $3 an hour by the end of the year,…
Continue ReadingMan targeted by January 6 conspiracists demands retraction from Fox News and Tucker Carlson over ‘lies’
By Oliver Darcy and Marshall Cohen, CNN An attorney for Ray Epps, the Arizona man that January 6 conspiracy theorists falsely claim led an FBI plot…
Continue ReadingShort-seller Hindenburg targets Jack Dorsey’s Block
By Nicole Goodkind, CNN Shares of Block, the company behind Cash App, plunged by 20% Thursday morning after the release of a searing report from…
Continue ReadingGood news for homebuyers. Mortgage rates just dropped again
By Anna Bahney, CNN Mortgage rates dropped again this week for the second week in a row amid lingering concerns about bank failures and uncertainty…
Continue ReadingSpotify removes Bollywood song catalog in licensing dispute
By Anna Cooban Bollywood fans have been left without access to hundreds of their favorite tunes on Spotify because of a licensing dispute. Spotify…
Continue ReadingFive big takeaways from the Fed’s extraordinary meeting
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter percentage point on Wednesday as it attempts to fight stubbornly high…
Continue ReadingNew home sales rose for the third month in a row
By Anna Bahney, CNN New home sales rose in February, climbing for the third month in a row as mortgage rates eased off their highs of the past year…
Continue ReadingNew Starbucks CEO plans to pull barista shifts in stores every month
By Danielle Wiener-Bronner, CNN Starbucks’ new CEO Laxman Narasimhan teased his plan for the company in a letter to employees. It includes…
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