They bought a house expecting rates to fall. They’re still waiting
By Samantha Delouya, CNN (CNN) — Joe Dalesandro didn’t expect to keep his mortgage rate at 6.99% for very long when he purchased a new home…
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Trump’s tax and spending law is a short-term win but long-term headache for Wall Street
By John Towfighi, CNN New York (CNN) — President Donald Trump’s signature tax and spending legislation is providing short-term clarity for…
Continue ReadingChina puts new restrictions on EV battery technology in latest move to consolidate dominance
By John Liu, CNN Hong Kong (CNN) — China has put export restrictions on technologies critical for producing electric vehicle batteries, in a…
Continue ReadingTrump takes credit for sweet change to Coca-Cola
By Betsy Klein, CNN (CNN) — President Donald Trump announced what could be refreshing news to some Americans on Wednesday: thanks to him, Coke…
Continue ReadingCanadian retail giant scraps $47 billion bid for 7-Eleven owner
Story by Reuters (Reuters) — Canadian retailer Alimentation Couche-Tard on Thursday pulled its $47 billion bid to buy Seven & i Holdings,…
Continue ReadingGuinness owner Diageo’s CEO is stepping down after two years
By Jordan Valinsky, CNN New York (CNN) — Diageo, the world’s biggest spirits maker, announced Wednesday that CEO Debra Crew is stepping down…
Continue ReadingLatest US inflation report shows a pullback in travel spending and an increase in the cost of goods
By Alicia Wallace, CNN (CNN) — US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid…
Continue ReadingWhat will happen to PBS and NPR stations once they lose federal funding?
By Brian Stelter, CNN (CNN) — PBS and NPR stations are on the verge of losing the federal funding that has helped keep them on the air for…
Continue ReadingMeta and AWS are teaming up to win over developers in the AI race
By Clare Duffy, CNN New York (CNN) — For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building…
Continue ReadingHere’s why you might be spending more on health care next year
By Tami Luhby, CNN (CNN) — Battered by multiple years of high health care costs, employers are planning to shift more of the expense to workers…
Continue ReadingUS launches probe into Brazil’s trade practices
By John Liu, CNN (CNN) — The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President…
Continue ReadingTrump suggests Fed renovations could be fireable offense for Powell
By Ramishah Maruf and Bryan Mena, CNN CNN (CNN) — President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve…
Continue ReadingTech and energy giants pour billions to turn Pennsylvania into an AI hub as part of Trump’s tech push
By Lisa Eadicicco, CNN (CNN) — President Donald Trump on Tuesday announced an investment of more than $90 billion from private companies across…
Continue ReadingFox News falls in line with Trump’s Epstein plea — but will the rest of MAGA media comply?
By Brian Stelter and Andrew Kirell, CNN (CNN) — Fall in line, or keep fighting for answers? That’s the rift in right-wing media now. Fox News…
Continue ReadingApple just spent $500 million to source a material that’s critical for iPhones from the US
By Lisa Eadicicco, CNN (CNN) — Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces…
Continue ReadingStriking trade deal with US was an ‘extraordinary struggle,’ Indonesia says
By Elisabeth Buchwald, CNN Washington (CNN) — President Donald Trump said Tuesday the United States has reached a trade agreement with…
Continue ReadingWith global sales slumping, Tesla tries to break into a new market
By Chris Isidore, CNN (CNN) — Tesla has started selling cars in India, the world’s most populous country – but at a hefty price tag. Tesla,…
Continue ReadingHere’s how Trump’s tariffs could be impacting prices for US consumers
By Alicia Wallace, CNN (CNN) — US inflation heated back up in June, rising to its highest level in four months, as price increases —…
Continue ReadingTwo tax reporting changes on tap for businesses, freelancers and payment apps like Venmo
By Jeanne Sahadi, CNN (CNN) — “Never mind. Pretend like nothing ever happened.” That might as well have been the text of one provision in…
Continue ReadingJudge nixes a Biden rule in order to keep medical debt on credit reports
By Tami Luhby, CNN (CNN) — Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a…
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