Mortgage rates drop amid signs that inflation may have finally peaked
By Anna Bahney, CNN Business Mortgage rates ticked lower last week, falling back toward the 5% mark following economic reports that indicated…
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Home sales fell for the sixth month in a row, but prices kept rising
By Anna Bahney, CNN Business Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out…
Continue ReadingHyundai Ioniq 5 named Car and Driver’s EV of the Year
By Peter Valdes-Dapena, CNN Business Hyundai’s Ioniq 5, an electric-only model with a sharp-edged design, was named Car and Driver’s…
Continue ReadingWhy junk food stocks are surging
By Nicole Goodkind, CNN Business People are stressed out and exhausted. The past two and a half years, full of public health crises, recession and…
Continue ReadingExtreme heat is slamming the world’s three biggest economies all at once
By Julia Horowitz, CNN Business Estimating just how catastrophic climate change will be for the global economy has historically proven challenging.…
Continue ReadingUS and Taiwan agree to start talks on a trade and investment pact
By Wayne Chang and Lauren Lau, CNN Business The United States and Taiwan have officially agreed to launch negotiations on a new trade and investment…
Continue ReadingChina’s growth forecasts slashed as heatwave hits industrial heartlands
By Laura He, CNN Business China’s economic growth forecasts have been downgraded further by major investment banks, as the country grapples…
Continue ReadingSexual assault accuser wore ‘provocative’ clothing, Indian judge rules
By Rhea Mogul and Manveena Suri, CNN A judge in southern India has ruled a woman wore “provocative” clothing, effectively dismissing her…
Continue ReadingMost electric cars are quiet. But Dodge says its future electric muscle car will be super loud
By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered…
Continue ReadingRevealing vast scope of FTC probe, Amazon accuses the government of harassing Jeff Bezos and Andy Jassy
By Brian Fung, CNN Amazon is fighting the US government’s attempt to question its founder, Jeff Bezos, and its CEO, Andy Jassy, as part of a…
Continue ReadingStrippers at LA strip club want to join actors’ union
By Chris Isidore, CNN Business Strippers at the Star Garden Topless Dive Bar in North Hollywood, California, have filed with the National Labor…
Continue ReadingOhio judge rules Walmart, CVS, and Walgreens must pay a combined $650.6 million for damages related to opioid crisis
By Laura Ly, CNN Walmart, CVS, and Walgreens must pay a combined $650.6 million to two Ohio counties for damages related to the opioid crisis, a…
Continue ReadingSpacewalk cut short by issue with Russian cosmonaut’s spacesuit: ‘Drop everything and start going back right away’
By Jackie Wattles, CNN Business A spacewalk was cut short just a few hours into what was intended to be a nearly seven-hour spacewalk after a Russian…
Continue ReadingWorkers file for union vote at another Amazon facility
By Chris Isidore, CNN Business The union that was the first to win a representation vote at an Amazon facility has filed for an election among about…
Continue ReadingEV tax credits just got totally revamped. Here’s what car buyers need to know
By Matt McFarland, CNN Business The newly signed Inflation Reduction Act will have big implications for electric vehicle buyers. Some popular…
Continue ReadingSpacewalk cut short by issue with Russian cosmonaut’s spacesuit: ‘Drop everything and start going back right away’
By Jackie Wattles, CNN Business A spacewalk was cut short just a few hours into what was intended to be a nearly seven-hour spacewalk after a Russian…
Continue ReadingLose big on crypto? Here’s how to reduce the sting
By Jeanne Sahadi, CNN Business It’s been a tough year for crypto investors as they’ve watched the price of their digital assets plummet.…
Continue ReadingUS natural gas prices spike to 14-year high. Here’s why
By Matt Egan, CNN Business US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of…
Continue ReadingAmerican farmers are killing their own crops and selling cows because of extreme drought
By Vanessa Yurkevich, CNN Business Nearly three quarters of US farmers say this year’s drought is hurting their harvest — with…
Continue ReadingAirbnb rolls out ‘anti-party technology’ to help enforce its global ban
By Jennifer Korn, CNN Business Weeks after Airbnb said it would permanently ban parties at properties rented through its platform, the company is…
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