Home affordability gets worse as prices and mortgage rates rise
By Anna Bahney, CNN Business As both home prices and mortgage rates rise, buying a home is increasingly unaffordable for a growing number of…
Continue ReadingMoney
More than 8 million Cash App Investing customers potentially impacted by data breach linked to former employee
By Catherine Thorbecke, CNN Business More than 8 million Cash App Investing customers may have had personal data compromised after a former employee…
Continue ReadingThese are the four people launching on SpaceX’s first ISS space tourism mission
By Jackie Wattles, CNN Business SpaceX is heading back to the launch pad, this time to put a group of four private citizens into orbit for a…
Continue ReadingDiscovery announces executive team for forthcoming Warner Bros. Discovery media giant
By Brian Stelter, CNN Business Discovery chief executive David Zaslav on Thursday announced the leadership team for Warner Bros. Discovery, the media…
Continue ReadingWar in Ukraine is scrambling the world’s ability to fight climate change
By Alicia Wallace, CNN Business The war in Ukraine has thrown the global economy into chaos — and the worst is yet to come, experts say. The…
Continue ReadingRussia has lost 79 planes to sanctions
By Chris Isidore, CNN Business Sanctions put in place in response to Russia’s invasion of Ukraine have caused the nation’s air carriers…
Continue ReadingThis Walmart job starts at $95,000 a year
By Nathaniel Meyersohn, CNN Business Walmart is raising pay for long-haul truck drivers, a taxing job that is increasingly difficult for companies to…
Continue ReadingWhat a real estate bubble would mean for homebuyers
By Anna Bahney, CNN Business As if home prices in the US weren’t high enough, now they’re getting even more expensive. Stubbornly low…
Continue ReadingSoFi stock plunges after Biden extends student loan payment moratorium
By Paul R. La Monica, CNN Business Good news for student loan holders is bad news for anyone who happens to be an investor in fintech company SoFi.…
Continue Reading
Jobless claims match 1968 low
By Anneken Tappe, CNN Business America’s labor market is on fire. There are far more available jobs than workers and the latest data on initial…
Continue ReadingMortgage rates rise, inching closer to 5%
By Anna Bahney, CNN business Mortgage rates rose again this week, inching closer to 5%. The 30-year fixed-rate mortgage averaged 4.72% in the week…
Continue ReadingThe GMC Hummer EV is a brilliant execution of a terrible idea
By Peter Valdes-Dapena, CNN Business With the GMC Hummer EV, General Motors designers and executives wanted to create a vehicle that would destroy…
Continue ReadingECB President Christine Lagarde tests positive for Covid
By Chris Isidore, CNN Business Christine Lagarde, the president of the European Central Bank, disclosed Thursday that she has tested positive for…
Continue ReadingGoogle now lets you search by combining images and words
By Rachel Metz, CNN Business Google wants to make it easier to search for things that are hard to describe with just a few words or an image. On…
Continue ReadingGoogle now lets you search by combining images and words
By Rachel Metz, CNN Business Google wants to make it easier to search for things that are hard to describe with just a few words or an image. On…
Continue ReadingWarren Buffett is buying big again
By Julia Horowitz, CNN Business For years, billionaire investor Warren Buffett has been sitting on a mountain of cash. But with stocks at record…
Continue ReadingUkrainian soldiers’ Facebook accounts targeted by hackers, Meta says
By Donie O’Sullivan and Sean Lyngaas, CNN Business Facebook parent company Meta detailed Thursday an array of shady cyber tactics that it says…
Continue ReadingUkrainian soldiers’ Facebook accounts targeted by hackers, Meta says
By Donie O’Sullivan and Sean Lyngaas, CNN Business Facebook parent company Meta detailed Thursday an array of shady cyber tactics that it says…
Continue ReadingMore oil, nuclear power and wind: How the UK plans to tackle the energy crisis
By Anna Cooban, CNN Business The UK government wants to dramatically ramp up production of nuclear power and wind energy, while also drilling for…
Continue ReadingJD.com’s billionaire founder is stepping down as CEO
By Michelle Toh, CNN Business JD.com’s billionaire founder is stepping down as CEO, in the latest leadership reshuffle at a major Chinese tech…
Continue Reading