Mortgage rates rise for the fourth week in a row
By Anna Bahney, CNN Mortgage rates shot up for the fourth consecutive week, as inflation concerns remain. The 30-year fixed-rate mortgage averaged…
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#BoycottHersheys spreads on Twitter over Women’s Day campaign
By Danielle Wiener-Bronner, CNN Calls to boycott Hershey are spreading on Twitter in response to the chocolate company’s International…
Continue ReadingTarget, Macy’s and Best Buy see consumers cut back, search for discounts
By Nathaniel Meyersohn, CNN Big retailers say consumer demand is starting to buckle from the strain of inflation and customers are making changes in…
Continue ReadingSilvergate Capital shares plunge as bank reveals doubts about its viability
By Allison Morrow, CNN Silvergate Capital, a dominant lender to cryptocurrency firms, is spiraling. The bank’s shares fell more than 55%…
Continue ReadingElizabeth Holmes wants to delay her prison sentence after giving birth to her second child
By Jordan Valinsky, CNN Business Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her…
Continue ReadingThe gulf between Black homeowners and White is actually getting bigger, not smaller
By Anna Bahney, CNN While more Americans own homes today than a decade ago and the rate is increasing across all races, the gap between Black…
Continue ReadingThe US dollar is at a crossroads
By Nicole Goodkind, CNN Wall Street investors are reaching for their neck braces in preparation for yet another volatile swing in stock markets: A…
Continue ReadingThe devil’s in the details in Europe’s troubling inflation data
By Julia Horowitz, CNN Inflation in Europe fell again in February, though not as sharply as expected, and national data showed accelerating price…
Continue ReadingOne of China’s richest women takes over for her father at real estate developer Country Garden
By Laura He, CNN One of China’s richest women has fully taken over Country Garden, a top real estate developer, after her father resigned,…
Continue ReadingGrand test for Indian diplomacy as American, Chinese and Russian ministers meet in Delhi
By Rhea Mogul and Vedika Sud, CNN Foreign ministers from the world’s biggest economies convened in New Delhi Thursday in what was seen as a…
Continue ReadingStarbucks displayed ‘egregious and widespread misconduct’ in union fight, judge says
By Danielle Wiener-Bronner, CNN Starbucks has displayed “egregious and widespread misconduct” in its dealings with employees involved in…
Continue ReadingTesla to build next plant in Mexico
By Chris Isidore, CNN Tesla’s next vehicle assembly plant will be in Mexico near Monterrey, CEO Elon Musk announced Wednesday.…
Continue ReadingGas surcharges have ended. But not everyone is happy
By Nathaniel Meyersohn, CNN Amazon, Uber and Lyft recently ended extra fuel surcharges as gas prices dropped late last year. But there’s a…
Continue ReadingThe US gender pay gap: Why it hasn’t narrowed much in 20 years
CNN By Jeanne Sahadi, CNN A lot can change in two decades. Or… not. In 2022, US women on average earned about 82 cents for every dollar a man…
Continue ReadingThe US gender pay gap: Why it hasn’t narrowed much in 20 years
By Jeanne Sahadi, CNN A lot can change in two decades. Or… not. In 2022, US women on average earned about 82 cents for every dollar a man…
Continue ReadingPaul Ryan grilled for remaining on Fox board of directors amid election fraud revelations
By Oliver Darcy, CNN Business Former House Speaker Paul Ryan was grilled last week over his decision to remain on the board of directors of Fox…
Continue ReadingMortgage applications drop to 28-year low as rates climb
By Anna Bahney, CNN Applications for a mortgage fell for the third week in a row and now sit at a 28-year low for the second-straight week, according…
Continue ReadingRivian shares plunge again on weak sales, outlook
By Chris Isidore, CNN Shares of upstart EV maker Rivian plunged more than 16% Wednesday after ithe company reported disappointing revenue and gave…
Continue ReadingCovid vaccine maker Novavax says it may not survive
By Paul R. La Monica, CNN Novavax, which makes the Nuvaxovid vaccine used to treat Covid-19, posted huge sales gains for the past three years during…
Continue ReadingGM cutting hundreds of white collar jobs
By Chris Isidore and Peter Valdes-Dapena, CNN General Motors is cutting an unspecified number of white-collar jobs globally, part of its announced…
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