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Month: October 2022

US bank earnings revealed ominous clues about the future of the housing market

By Nicole Goodkind, CNN Business The largest US banks reported relatively solid third-quarter earnings on Friday. But within those reports, investors found ominous clues about the future of the housing market, underscoring fears of an upcoming crisis. What’s happening: JPMorgan reported that third-quarter home lending revenue plunged 34% from a year ago, and Wells Fargo

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‘Kamikaze’ drones are the latest threat for Ukraine. Here’s what we know

By Ivana Kottasová, CNN Russia has launched a series of “kamikaze” drone attacks across Ukraine in recent weeks, striking civilian infrastructure and sowing terror in Ukrainian cities far from the frontlines of the war. The Ukrainian government says Kyiv, Vinnytsia, Odesa, Zaporizhzhia and other cities have suffered a barrage of drone attacks, and pleaded with

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Political mood tilts in Republicans’ favor with economy and inflation top of mind three weeks from midterms

CNN By Jennifer Agiesta, CNN Polling Director The economy and inflation are the dominant issues three weeks out from the midterm congressional elections, challenging Democrats’ chances of maintaining control of Congress, according to a string of new polls released in the last few days. Widespread impressions of the economy as bad and worsening, combined with

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Fact check: How Democratic ads mislead on four GOP candidates’ abortion stances

CNN By Daniel Dale, CNN Democrats have spent weeks attacking Republican midterm candidates with television ads about abortion. Some of the ads have been misleading. Many of the Democratic ads accurately describe their Republican targets’ strict anti-abortion positions. But some others employ slippery phrasing and the power of insinuation to promote the impression that certain

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