Mortgage rates top 6% for the first time since 2008
By Anna Bahney, CNN Business Mortgage rates jumped again, surpassing the 6% mark and reaching the highest level since the fall of 2008. The 30-year…
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Weekly jobless claims fall for fifth-straight week, showing resilient labor market
By Alicia Wallace, CNN Business The number of first-time claims for unemployment benefits fell again last week, setting a new three-month low and…
Continue ReadingHere’s what the railroads and unions agreed to
By Vanessa Yurkevich, CNN Business Freight railroad unions and management reached a tentative deal to avert a strike, addressing a key attendance…
Continue ReadingCNN announces it will debut new morning show with Don Lemon, Poppy Harlow, and Kaitlan Collins
By Oliver Darcy, CNN Business CNN is reimagining its mornings. The network on Thursday unveiled a new marquee morning program that will debut later…
Continue ReadingUS consumer spending rose in August as gas prices fell
By Martha C. White, CNN Business Another month of falling gas prices gave Americans’ wallets a bit of a reprieve in August. That sent consumers…
Continue ReadingIt’s getting late in the game. Will the Fed risk a Hail Mary?
By Nicole Goodkind, CNN Business Investors are on edge as the Federal Reserve gears up for its policy decision next week. Some are even starting to…
Continue ReadingOpinion: 3 things the Fed needs to see before it stops hiking rates
Opinion by Joseph H. Davis for CNN Business Perspectives The Federal Reserve is aware of the pain that spiraling prices are causing Americans. At the…
Continue ReadingRailroad strike averted after marathon talks reach tentative deal
By Chris Isidore, Vanessa Yurkevich and Jeremy Diamond, CNN Business Unions and management reached a tentative deal early Thursday, averting a…
Continue Reading3 ways China and Russia are forging much closer economic ties
By Laura He, CNN Business Chinese leader Xi Jinping and his Russian counterpart, Vladimir Putin, will meet face-to-face this week for the first time…
Continue ReadingFord: Gas cars are a growth business for us
CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN Business When Ford chief executive Jim Farley split the company’s passenger vehicle business into…
Continue ReadingFord’s new Mustang sticks with pure gasoline
By Peter Valdes-Dapena, CNN Business Ford unveiled an all-new version of the two-door Mustang coupe at an event in Detroit Wednesday night. It has a…
Continue ReadingA rail strike would do serious damage — and that’s exactly the point
CNN By Allison Morrow, CNN Business Unless we get a breakthrough soon in deadlocked negotiations, Friday will mark the beginning of the first…
Continue ReadingA rail strike would do serious damage — and that’s exactly the point
By Allison Morrow, CNN Business Unless we get a breakthrough soon in deadlocked negotiations, Friday will mark the beginning of the first national…
Continue ReadingPatagonia’s founder transfers ownership into two entities to help fight the climate crisis
By Kate Trafecante, CNN Patagonia’s founder is transferring ownership of the company after nearly 50 years into two entities that will help…
Continue ReadingTalks to avert crippling US rail strike continue overnight
By Chris Isidore and Vanessa Yurkevich, CNN Business Talks aimed at averting a freight railroad strike that could cripple US supply chains continued…
Continue ReadingHere’s how the freight rail strike will impact commuters
By Matt McFarland, CNN Business US commuter rail service will face a huge disruption Friday if a freight rail strike is not avoided. Many passenger…
Continue ReadingInside Starbucks’ plan to speed up service
By Danielle Wiener-Bronner, CNN Business Starbucks is rolling out a sweeping plan to spark growth over the next three years — from faster…
Continue ReadingHere’s how the freight rail strike could affect you
By Chris Isidore and Vanessa Yurkevich, CNN Business The US economy can keep running without freight trains — but not for long. That is why the…
Continue ReadingTalks to avert crippling US rail strike continue overnight
CNN By Chris Isidore and Vanessa Yurkevich, CNN Business Talks aimed at averting a freight railroad strike that could cripple US supply chains…
Continue ReadingKing Charles got the ultimate promotion. 100 staffers could lose their jobs
By Sharon Braithwaite and Anna Cooban, CNN Business About 100 people who worked for Prince Charles could lose their jobs now he has become King, a…
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