You can make your Mercedes EV go faster for $60 a month
By Peter Valdes-Dapena, CNN Business Mercedes-Benz electric vehicle owners in North America who want a little more power and speed can now buy 60…
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The US economy grew at a much slower pace in the first quarter
By Bryan Mena, CNN US economic growth slowed to an annualized and seasonally adjusted rate of 1.1% in the first quarter of this year, as businesses…
Continue ReadingMortgage rates tick up for the second week in a row
By Anna Bahney, CNN Mortgage rates inched up again this week. Prior to last week’s rise, rates had dropped for five weeks in a row as inflation…
Continue ReadingPending home sales fell last month for the first time since November
By Anna Bahney, CNN Pending home sales dropped in March, falling for the first time since November amid tight inventory and buyer uncertainty about…
Continue ReadingGap’s massive job cuts will save $300 million
By Nathaniel Meyersohn, CNN Gap said Thursday that it will lay off 1,800 employees as the struggling retailer looks to cut costs. The layoffs will…
Continue ReadingVice Media cancels its flagship ‘Vice News Tonight’ program as it makes ‘painful’ layoffs and restructures the company
By Oliver Darcy, CNN Vice Media will cancel its acclaimed program “Vice News Tonight” as part of a broad restructuring that will result…
Continue ReadingMarkets digest banking issues, quarterly earnings and economic data
From CNN’s Krystal Hur, Nicole Goodkind, Alicia Wallace, Bryan Mena, Elisabeth Buchwald and Anna Bahney The-CNN-Wire™ & © 2023…
Continue ReadingJohn King passes ‘Inside Politics’ torch to Dana Bash as he takes on a new assignment at CNN
By Oliver Darcy John King will take on a new role at CNN and step down as the anchor of “Inside Politics,” handing the torch to Dana…
Continue ReadingBarclays and Deutsche Bank defy banking jitters with strong profits
CNN By Hanna Ziady, CNN Barclays and Deutsche Bank have shrugged off a turbulent first quarter to post strong profit growth, helping to calm…
Continue ReadingBarclays and Deutsche Bank defy banking jitters with strong profits
By Hanna Ziady, CNN Barclays and Deutsche Bank have shrugged off a turbulent first quarter to post strong profit growth, helping to calm investors…
Continue ReadingSouthwest posts record revenue despite holiday meltdown
By Chris Isidore, CNN Southwest Airlines’ passengers have finally returned to the airline following its winter holiday service meltdown,…
Continue ReadingHere’s what we know about First Republic Bank
By Nicole Goodkind, CNN First Republic Bank has been teetering on the edge for weeks. It may be finally falling. The San Francisco-based lender could…
Continue ReadingIndia says border violations erode ‘entire basis’ of ties with China
By Rhea Mogul and Vedika Sud, CNN India’s defense minister told his Chinese counterpart on Thursday that violations of their shared border…
Continue ReadingEleven people killed in suspected Maoist militant attack in central India
By Manveena Suri and Rhea Mogul, CNN Ten policemen and a civilian were killed in blast as they were returning from an operation against insurgents in…
Continue ReadingChina has widened its already sweeping counter-espionage law. Experts say foreign businesses should be worried
By Simone McCarthy and Nectar Gan, CNN China has broadened the scope of its already sweeping counter-espionage law in a move that analysts warn could…
Continue ReadingTucker Carlson breaks his silence but does not address his departure from Fox News
CNN By Oliver Darcy, CNN Tucker Carlson broke his silence on Wednesday evening, posting a short video online after his abrupt firing from Fox News…
Continue ReadingChinese police question staff at Bain’s Shanghai office
By Michelle Toh, CNN Chinese police have questioned staff at the Shanghai offices of Bain & Company, the US consultancy said Thursday, in a…
Continue ReadingTucker Carlson breaks his silence but does not address his departure from Fox News
CNN By Oliver Darcy, CNN Tucker Carlson broke his silence on Wednesday evening, posting a short video online after his abrupt firing from Fox News…
Continue ReadingTucker Carlson breaks his silence but does not address his departure from Fox News
By Oliver Darcy, CNN Tucker Carlson broke his silence on Wednesday evening, posting a short video online after his abrupt firing from Fox News…
Continue ReadingChanges are coming to some mortgage fees next month
By Anna Bahney, CNN Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership…
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