Plunging stocks, recession fears. Here’s how to protect your money
By Jeanne Sahadi, CNN Business When it comes to fraying nerves, this spring is really outperforming. Stocks are now in bear market territory.…
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Rents in the US just hit another record high
By Anna Bahney, CNN Business Rents in the US climbed to a new record high again in April, and they are expected to keep rising. The national median…
Continue ReadingRetailers just sounded an alarm on inflation. It’s worth heeding
CNN, CNN BUSINESS By Julia Horowitz, CNN Business Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results…
Continue ReadingFirst on CNN: Sean Connery’s own classic Aston Martin is for sale
By Peter Valdes-Dapena, CNN Business James Bond, the fictional British secret agent, has driven lots of different cars in the more than two dozen…
Continue ReadingMortgage rates ticked lower, but are still well above 5%
By Anna Bahney, CNN Business Mortgage rates fell slightly last week, but purchasing a home still remains difficult for many prospective buyers. The…
Continue ReadingUS home sales fell again in April as prices hit another record high
By Anna Bahney, CNN Business Home sales fell for the third consecutive month in April as rising mortgage rates and affordability challenges pushed…
Continue ReadingWorst may not be over for the market. Stocks fall again
By Paul R. La Monica, CNN Business The 2022 stock market meltdown may not be over just yet. Stocks fell again Thursday, following Wednesday’s…
Continue ReadingRetailers just sounded an alarm on inflation. It’s worth heeding
By Julia Horowitz, CNN Business Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results from Target and…
Continue ReadingTaco Bell’s Mexican Pizza finally returns to menus
By Jordan Valinsky, CNN Business Taco Bell’s highly anticipated Mexican Pizza finally returns to menus Thursday following a roughly two-year…
Continue ReadingElon Musk proves once again that the rules don’t apply to him
CNN By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple…
Continue ReadingGlobal markets slide after a tough day on Wall Street
By Laura He, CNN Business Asian markets mostly closed lower on Thursday and European indexes slid in early trade following a rough day on Wall…
Continue ReadingIndian court frees killer of ex-Prime Minister Rajiv Gandhi
By Esha Mitra, CNN India’s top court on Wednesday granted the release of a man convicted of killing former Indian Prime Minister Rajiv Gandhi,…
Continue ReadingWorst may not be over for the market. Stocks fall again
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business The 2022 stock market meltdown may not be over just yet. Stocks fell again Thursday, following…
Continue ReadingS&P 500’s ESG index boots Tesla
By Matt McFarland, CNN Business The S&P 500 index devoted to highlighting companies excelling at ESG, which stands for environmental, social and…
Continue ReadingJPMorgan shareholders vote down pay bump for CEO Jamie Dimon
By Nicole Goodkind, CNN Business JP Morgan Chase investors on Tuesday voted down a multimillion-dollar payout for CEO Jamie Dimon. The pay proposal…
Continue ReadingWingstop could soon raise its own chickens
By Danielle Wiener-Bronner, CNN Business Wingstop wants to lower its food supply costs. So it’s considering raising its own chickens.…
Continue ReadingUS Treasury says it could block Russian debt payments starting next week
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday signaled US officials will likely end a carve-out in Western sanctions that…
Continue ReadingRetailers call out Visa and Mastercard for fee hikes that could make inflation worse
By Alicia Wallace, CNN Business Consumers could soon see even higher prices at some stores, after credit card giants Visa and Mastercard raised their…
Continue ReadingSome tariffs on China are harming families and businesses, Janet Yellen says
By Matt Egan and Alicia Wallace, CNN Business US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration’s tariffs on…
Continue ReadingBurberry reports record profit despite a slowdown in its biggest market
By Sharon Browne-Peter Burberry reported record profits for the year ended in April despite taking a recent sales hit from its biggest market, China.…
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