New home sales fell last month as mortgage rates hit 2023 high
By Anna Bahney, CNN Washington, DC (CNN) — New home sales in the United States fell in October as typical mortgage rates reached their highest…
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Jack Ma is betting on a new food business in China
By Michelle Toh and Eric Cheung, CNN Hong Kong/Taipei (CNN) — Alibaba founder Jack Ma has a new title: owner of “Ma’s Kitchen.” China’s…
Continue ReadingElon Musk visits destroyed kibbutz and meets Netanyahu in wake of antisemitic post
By Michelle Toh, Lauren Izso and Alex Stambaugh, CNN Hong Kong/Jerusalem (CNN) — Elon Musk visited Israel Monday, meeting the country’s…
Continue ReadingChina launches criminal probe into ‘insolvent’ shadow bank
By Laura He, CNN Hong Kong (CNN) — The troubles besetting one of China’s biggest privately-owned financial conglomerates have deepened with…
Continue ReadingMeta collected children’s data from Instagram accounts, unsealed court document alleges
By Eva Rothenberg, CNN (CNN) — Since at least 2019, Meta has knowingly refused to shut down the majority of accounts belonging to children under…
Continue ReadingAmerican spending has kept the economy going since the pandemic. It may finally be stopping, in charts
By Christopher Hickey, CNN Not even two years of soaring prices and mounting interest rates have stopped Americans from opening their wallets and…
Continue ReadingHow AI could power the climate breakthrough the world needs
By Clare Duffy and Rachel Ramirez, CNN New York (CNN) — Tomato growers in central India have been increasingly worried about the volatility…
Continue ReadingHonda recalls more than 300K Accords, HR-Vs over seat belt issues
By Eva Rothenberg, CNN (CNN) — Honda is recalling more than 300,000 vehicles over faulty seat belts. In a notice filed with the National…
Continue ReadingEnergized shoppers break one-day holiday sales record
By Eva Rothenberg, CNN (CNN) — Whether they jostled through brick-and-mortar stores or toggled between tabs and virtual carts, holiday shoppers…
Continue ReadingWhy doesn’t the US have more passenger trains?
By Samantha Delouya, CNN Los Angeles (CNN) — If your idea of train travel – fast, easy, ubiquitous, even glamorous – is from movies like…
Continue ReadingEmpty Bed Bath & Beyond stores are hot real estate. Here’s who’s moving in
By Nathaniel Meyersohn, CNN New York (CNN) — When Sears, Toys “R” Us and Circuit City filed for bankruptcy in recent years, it was an…
Continue ReadingThe tug-of-war is on between retailers wary of throw-away prices and deal-hungry Black Friday shoppers
By Parija Kavilanz, CNN New York (CNN) — Let the shopping games begin. Deal-hunters headed to their favorite stores in person and online on the…
Continue ReadingThe surprising history of America’s biggest holiday shopping blitz
By Jordan Valinsky, CNN New York (CNN) — Chances are, you or someone you know is getting ready to shop on Black Friday. The informal kickoff to…
Continue ReadingBest Buy’s simple strategy for beating shoplifting: More workers in stores
By Nathaniel Meyersohn, CNN New York (CNN) — Many retailers and industry lobbying groups say shoplifting is at crisis-level proportions and…
Continue Reading‘This is insane.’ Swedish workers are getting under Elon Musk’s skin
By Olesya Dmitracova, CNN London (CNN) — It has taken nearly a month, but workers striking against Tesla in Sweden have finally drawn a…
Continue ReadingBillionaire Foxconn founder drops out of Taiwan’s presidential race
By Wayne Chang and Michelle Toh, CNN Taipei/Hong Kong (CNN) — Terry Gou, the billionaire founder of major Apple supplier Foxconn, withdrew…
Continue Reading‘Moment of truth’ for oil industry: Deepen the climate crisis or help fix it
By Olesya Dmitracova, CNN London (CNN) — Oil and gas producers must confront a “pivotal” choice: continue to accelerate the climate crisis…
Continue ReadingSolid state batteries promise to radically change EVs. But they may not be the only answer
By Peter Valdes-Dapena, CNN (CNN) — Electric cars are supposed to be the future, but they still have issues that are keeping away many car…
Continue ReadingChinese shadow bank says it has ‘huge’ debt and can’t pay its bills
By Diksha Madhok and Juliana Liu, CNN New Delhi/Hong Kong (CNN) — A major wealth management company in China has told investors it can’t pay…
Continue ReadingJack Ma backs off on plans to sell Alibaba shares after stock plunge
By Michelle Toh, CNN Hong Kong (CNN) — Jack Ma has put off plans to sell hundreds of millions of dollars worth of Alibaba shares after the…
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