More Americans are relying on credit cards. That could be very costly
By Matt Egan Interest rates on credit cards are so high these days that consumers with a $5,000 credit card balance could pay an extra $1,000 in…
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More Americans are relying on credit cards. That could be very costly
CNN By Matt Egan Interest rates on credit cards are so high these days that consumers with a $5,000 credit card balance could pay an extra $1,000 in…
Continue ReadingEV credits are now harder to come by. These buyers snuck in deals under the wire.
By Matt McFarland, CNN Business President Biden signed into law the Inflation Reduction Act on Tuesday, and it will reshape the electric vehicle tax…
Continue ReadingEV credits are now harder to come by. These buyers snuck in deals under the wire.
CNN By Matt McFarland, CNN Business President Biden signed into law the Inflation Reduction Act on Tuesday, and it will reshape the electric vehicle…
Continue ReadingEnd of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue ReadingEnd of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
CNN By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of…
Continue ReadingEnd of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
CNN By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of…
Continue ReadingWalmart+ has an Amazon Prime Video competitor
By Frank Pallotta, CNN Business Walmart+ — in its effort to become a true competitor to Amazon Prime — will offer Paramount+ as part of its…
Continue ReadingRecord Home Depot sales show America’s housing market is still strong
By Paul R. La Monica, CNN Business Soaring mortgage rates and unaffordable home prices are worrisome signs for the broader housing market and…
Continue ReadingNew home construction cools as more people get priced out of the housing market
By Anna Bahney, CNN Business Home builders pressed on the brakes once again last month as the cost of building supplies remained high and more…
Continue ReadingWarren Buffett is still betting on America’s economy
By Julia Horowitz, CNN Business It’s a moment of great uncertainty for the US economy, as high inflation and rising interest rates feed fears…
Continue ReadingWalmart results relieve some recession fears
By Chris Isidore, CNN Business Walmart had good news Tuesday for investors and economists worried about a looming recession, as the retail giant gave…
Continue ReadingUK workers suffer biggest hit to their wages since records began
By Anna Cooban, CNN Business UK workers have suffered the biggest drop in their spending power in more than 20 years as prices keep soaring. Average…
Continue ReadingChina’s worst heatwave in 60 years is forcing factories to close
By Laura He, CNN Business China’s Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region…
Continue Reading4moms recalls millions of baby swings and rockers
By Rob McLean, CNN Business Millions of baby swings and rockers that pose a risk of asphyxiation or other injuries to infants have been recalled,…
Continue ReadingYou can buy a Dodge Challenger convertible as the model ends its run
By Peter Valdes-Dapena, CNN Business The modern Dodge Challenger muscle car and the closely related Dodge Charger four-door sedan are ending their…
Continue ReadingMajority of Americans say they’re worried about being able to pay for housing
By Anna Bahney, CNN Business If you are feeling the pinch of higher rents, you’re not alone. Nearly 60% of renters saw a rent increase during…
Continue ReadingTesla has now built one million cars in China
By Chris Isidore, CNN Business Tesla is celebrating its one millionth car manufactured in China, a major milestone for the electric car…
Continue ReadingMost electric cars are quiet. But Dodge says its future electric muscle car will be super loud
CNN By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic,…
Continue ReadingNo, Elon Musk is not buying Manchester United
CNN, KSNV By Diksha Madhok, CNN Business The richest man on earth has once again created chaos and commotion on the internet with his tweets.…
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