Mortgage rates plunge, largest weekly drop since 1981
By Anna Bahney, CNN Business Mortgage rates dropped sharply last week following a series of economic reports that indicated inflation may finally be…
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Parents beware: Dangerous, recalled toys are still on sale
By Parija Kavilanz, CNN Business Parents shopping for their kids this holiday season need to be alert and carefully examine toys before they buy them…
Continue Reading UK to raise $65 billion from windfall tax on energy companies
By Hanna Ziady, CNN Business The UK government is hiking a windfall tax on oil and gas companies and extending the levy to electricity generators, as…
Continue Reading About 2,000 Starbucks workers stage one-day strike at more than 100 stores
By Chris Isidore, CNN Business More than 2,000 employees at 112 Starbucks locations are set to go on a one-day strike Thursday, according to the…
Continue Reading Singapore writes down $275 million in FTX, calls belief in Sam Bankman-Fried ‘misplaced’
By Diksha Madhok, CNN Business Singapore has become the latest backer of crypto exchange FTX to admit being burned by its spectacular collapse. In a…
Continue Reading Porsche just turned its iconic Porsche 911 sports car into a jacked-up off-road beast
By Peter Valdes-Dapena, CNN Business If you want to go off-road in Porsche, the German brand can offer you a couple of different SUVs for that. But…
Continue Reading Meet the two new anchors replacing Judy Woodruff on ‘PBS NewsHour’
By Oliver Darcy, CNN Business “PBS NewsHour” is ready to turn the page. The iconic nightly news program announced Wednesday that…
Continue Reading NYC taxi fares expected to increase by 23% by the end of this year
By Zenebou Sylla, CNN The cost of a New York City taxi ride is expected to increase by nearly 23% by the end of 2022, marking the first taxi fare…
Continue Reading Taylor Swift ticket meltdown sparks outrage about Ticketmaster’s power
By Chris Isidore, CNN Business Taylor Swift fans’ outrage over Ticketmaster’s service meltdown Tuesday has shined a spotlight on a common…
Continue Reading Greed is back with a vengeance on Wall Street
By Paul R. La Monica, CNN Business Many investors are still nursing losses for the year. But stocks have come roaring back to life in the past few…
Continue Reading Flu, RSV, Covid: 6 ways employers can deal with a potential wave of absences
By Jeanne Sahadi, CNN Business Employers may be pushing for more workers to return to the office. But that’s proving to be an uphill battle,…
Continue Reading Coffee prices are crashing. What it means for your cup of joe
By Danielle Wiener-Bronner, CNN Business Coffee futures are crashing. But that might not mean too much for the price of your cup of coffee. In…
Continue Reading Taylor Swift tickets listed for thousands on StubHub after millions flood Ticketmaster
By Frank Pallotta, CNN Business Taylor Swift fans were seeing red on Tuesday when Ticketmaster was overwhelmed by demand as pre-sales for the…
Continue Reading FTX investor sues Tom Brady, Gisele Bundchen and others as crypto contagion spreads
By Allison Morrow, CNN Business The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects:…
Continue Reading Elon Musk’s $50 billion payday trial: Tesla CEO testifies in his own defense
By Matt McFarland, CNN Business Tesla CEO Elon Musk testified this morning in a shareholder lawsuit examining the massive compensation package that…
Continue Reading The new Toyota Prius has a huge power boost and even better fuel efficiency
By Peter Valdes-Dapena, CNN Business Toyota unveiled an all-new version of its famous Prius hybrid car Wednesday just ahead of the Los Angeles Auto…
Continue Reading Retail sales surged by 1.3% in October as consumers continue to spend despite inflation
By Alicia Wallace, CNN Business American shoppers spent more in October, showing continued resilience amid persistently high inflation and an early…
Continue Reading A recession could hit white-collar workers the hardest. Here’s why
By Alison Kosik, CNN Business White collar workers would be hit harder than blue collar workers if the United States enters a recession soon,…
Continue Reading FTX’s Bahamas unit files for bankruptcy in New York
By Chris Isidore, CNN Business FTX Digital Markets, the Bahamas-based unit of the recently collapsed cryptocurrency trading platform, has filed for…
Continue Reading It’s looking grim for Wall Street bonuses this year
By Nicole Goodkind, CNN Business Ferragamo belt-buckles are being tightened across Wall Street as bankers prepare for a gloomy bonus season. Year-end…
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