Money

By Bryan Mena, CNN Washington (CNN) — Mortgage rates soared this week, breaching the key 7% threshold and extending America’s housing affordability crisis. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. A year ago, the average 30-year fixed-rate

By Anna Cooban, CNN London (CNN) — Apple is planning to buy more components from Vietnam, underscoring a trend among global tech firms to look beyond China to secure their supply chains, cut costs and open up new markets. CEO Tim Cook made the pledge in a meeting with Vietnamese Prime Minister Pham Minh Chinh

By Jordan Valinsky, CNN New York (CNN) — The next time you order an iced coffee from Starbucks, it might not look that different — but there’s been a major change. The chain announced Thursday that the plastic cups for all sizes of its cold drinks have undergone an environmentally friendly redesign that uses up

By Bryan Mena, CNN Washington (CNN) — Sales of previously owned homes in the United States fell in March as home prices climbed and mortgage rates held steady that month, reflecting the persistent pain of America’s affordability woes and undermining the crucial spring homebuying season. Existing home sales, which make up the majority of the

By Hanna Ziady, CNN London (CNN) — Thousands of Taylor Swift’s UK fans have been duped into buying fake tickets for her upcoming Eras Tour concerts, according to a major British bank. More than 600 customers have reported being scammed so far, losing on average £332 ($414) each, and in some cases more than £1,000

By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. It’s a woman’s world. The most defining musicians of the era are Taylor Swift and Beyoncé. The highest-grossing film in recent memory is Greta Gerwig’s “Barbie.” And the

By Samantha Delouya, CNN (CNN) — Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added

By Mark Thompson, CNN London (CNN) — Law enforcement officials in 19 countries have shut down an online platform that earned at least $1 million by selling phishing kits to cybercriminals, helping them launch attacks on tens of thousands of people worldwide. The operation, led by the Metropolitan Police in the United Kingdom, targeted LabHost,

By Hanna Ziady, CNN London (CNN) — Google has fired more than two dozen employees who protested this week against the company’s cloud computing contract with the Israeli government. The workers were dismissed after an investigation found that they had staged protests inside Google’s offices in New York and Sunnyvale, California. In Sunnyvale, they entered

By Elisabeth Buchwald, CNN New York (CNN) — Columbia University President Minouche Shafik’s Wednesday testimony before a House committee on how the school responded to a professor’s controversial piece labeling Hamas’ October 7 attack a “resistance offensive” is at odds with the account the professor shared with CNN. Multiple lawmakers at Wednesday’s hearing on antisemitism

By Akanksha Sharma (CNN) — Well before the sun rises in Chapra, a small village in the northwest of Bangladesh, Mohammad Abdur Rouf is on his feet. He travels six miles to a neighboring village, where he joins hundreds of other people in line to play a carnival-style game. But instead of throwing darts at

By Nathaniel Meyersohn, CNN New York (CNN) — Caitlin Clark, who lifted women’s college basketball to new heights, became the leading scorer in NCAA basketball history, and was taken as first pick in the WNBA draft this week, will make a $76,535 salary this year. The top NBA pick will make a $10.5 million salary

By Matt Egan and Ramishah Maruf, CNN New York (CNN) — For nearly four hours, another Ivy League school president faced a congressional grilling over antisemitism on campus. Columbia University President Minouche Shafik tried to avoid the firestorm of controversy that pushed out two of the three university presidents who testified on Capitol Hill in

By Chris Isidore and Gregory Wallace, CNN Washington DC (CNN) — Boeing’s already battered reputation took another hit at two Senate committee hearings Wednesday on Capitol Hill, with witnesses questioning how the company builds airplanes and the safety of those planes. One of the key witnesses was Boeing engineer Sam Salehpour, a whistleblower who said

By Nicole Goodkind, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock finally saw an uptick in their shares after two days of turmoil. The stock TMTG (DJT) rebounded by 15.6% on Wednesday after tumbling precipitously earlier this week. Shares closed more than 14% lower on Tuesday after the company’s premier

By Chris Isidore and Natasha Chen, CNN Anaheim, California (CNN) — Disneyland employees who perform as many of the theme park’s beloved characters have filed to have a vote on whether to join the Actors’ Equity Association, which represents live performers all over the country, from actors on Broadway to strippers in Los Angeles. The group had

By Hanna Ziady, CNN London (CNN) — The high and rising level of US government debt risks driving up borrowing costs around the world and undermining global financial stability, the International Monetary Fund has warned. The IMF said Wednesday that increased government spending, growing public debt and elevated interest rates in the United States had

By Gregory Wallace and Ross Levitt, CNN (CNN) — A ground stop that earlier paused Alaska Airlines’ flights has been lifted. “This morning we experienced an issue while performing an upgrade to the system that calculates our weight and balance. Out of an abundance of caution, we requested a ground stop for all Alaska and