Money

By Matt Egan, CNN New York (CNN) — America has a housing affordability crisis and Elizabeth Warren blames Jerome Powell and his colleagues at the Federal Reserve. In a Sunday letter to Powell, shared first with CNN, Warren expressed alarm at how “astronomical” mortgage rates have made a bad situation worse and urged Fed officials

By Laura He, CNN Hong Kong (CNN) — China’s top securities regulator has limited short-selling, in its latest effort to stem a protracted $6 trillion-dollar stock market rout that began in 2021. The China Securities Regulatory Commission announced Sunday it would “fully” suspend the lending of restricted shares on bourses in mainland China. The curbs,

CNN By Laura He and Nectar Gan, CNN Hong Kong (CNN) — A court in Hong Kong has ordered the winding up of Evergrande Group, the world’s most indebted property developer, dealing another blow to investor confidence as China’s ailing real estate sector continues to weigh on its economy. The liquidation order, made by the

By Laura He and Nectar Gan, CNN Hong Kong (CNN) — A court in Hong Kong has ordered the winding up of Evergrande Group, the world’s most indebted property developer, dealing another blow to investor confidence as China’s ailing real estate sector continues to weigh on its economy. The liquidation order, made by the city’s

By Elisabeth Buchwald and Eva Rothenberg, CNN New York (CNN) — Paul “Triple H” Levesque, the chief content officer at World Wrestling Entertainment, made his first public comments after Vince McMahon resigned Friday from the board of WWE’s parent company, TKO Group Holdings, in the wake of a former employee’s lawsuit accusing McMahon of sex

By Jeanne Sahadi, CNN New York (CNN) — Tax filing season has begun. The Internal Revenue Service is now accepting and processing 2023 federal income tax returns. Filing your taxes is a task you may not like, but it’s one you can’t ignore — at least not without a potentially hefty penalty. Here are eight

By Krystal Hur, CNN New York (CNN) — Tech behemoths will face their next test to keep the market’s throne this week, after a bleak quarter from Tesla sent its stock sliding. Tesla shares have tumbled more than 26% so far in 2024 after the electric-vehicle maker reported a fourth-quarter operating margin that has almost

By Eva Rothenberg, CNN New York (CNN) — Searching for Taylor Swift on X, formerly known as Twitter, showed an error message Saturday after pornographic, AI-generated images of the singer were circulated across social media last week. X’s search function only displays results for Swift under its “Media” and “List” tabs. However, Swift is still

CNN By Samantha Delouya, and Elizabeth Wagmeister, CNN (CNN) — Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. The allegations came to light in a lawsuit filed by a former WWE staffer, Janel Grant, who worked

By Samantha Delouya, CNN Los Angeles (CNN) — Gas prices in the United States have slid from their all-time peak in fall 2022, but there are drivers in at least one state who still pull up to the pump and cringe. The current average gas price in the US is $3.10. In California, it’s $4.49, according to

By Ramishah Maruf, CNN New York (CNN) — Emilee Hobbs, a TikTok creator from Georgia, is a self-proclaimed Bamboo Mom. Brands selling bamboo fiber baby clothes have gone viral in recent years, prompting a staunch community of “Bamboo Moms” — parents and caregivers who exclusively dress their children in the fabric. Hobbs says she owns

By Eva Rothenberg, CNN New York (CNN) — Restaurant chain Panera Bread has faced three separate lawsuits in recent months claiming the high levels of caffeine in its Charged Lemonade led to the death of two customers and irreversible health complications in another. So why does the chain continue to offer the drink on its

By Nathaniel Meyersohn, CNN New York (CNN) — A group of developers wants to construct what would be America’s tallest building in an unlikely place: Oklahoma City. The proposed location for the 1,907-foot “Legends Tower” is certainly unconventional. The skyscraper would be more than double the height of Oklahoma City’s tallest building now and the

By Samantha Delouya, and Elizabeth Wagmeister, CNN (CNN) — Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. The allegations came to light in a lawsuit filed by a former WWE staffer, Janel Grant, who worked at

By Samantha Delouya, CNN (CNN) — MacKenzie Scott continues to sell billions of dollars in Amazon stock. In 2023, she unloaded nearly 65.3 million shares of Amazon, currently worth more than $10 billion, according to a filing. After her divorce from Amazon founder Jeff Bezos was finalized in 2019, Scott became the wealthiest woman in

By Gregory Wallace, Jeffrey Kopp and Pete Muntean, CNN (CNN) — Boeing’s 737 Max 9 model returned to service Friday afternoon when Alaska Airlines flight 1146 departed Seattle at approximately 3:51pm local time (6:51pm ET) bound for San Diego. It is the first revenue flight for this model since the Federal Aviation Administration grounded the Boeing

By Samantha Murphy Kelly, CNN (CNN) — The circulation of explicit and pornographic pictures of megastar Taylor Swift this week shined a light on artificial intelligence’s ability to create convincingly real, damaging – and fake – images. But the concept is far from new: People have weaponized this type of technology against women and girls

By Anna Cooban, CNN London (CNN) — Britain is finding out just how hard it can be to negotiate free trade deals, even with close allies and friends. Nearly eight years after Brexit campaigners persuaded a slim majority to vote to leave the European Union, on a platform that included promises of a brighter future