Money

By Anna Bahney, CNN Washington, DC (CNN) — US mortgage rates continued to plunge this week – good news for home buyers who have been facing the least affordable housing market since the 1980s. After dropping under 7% last week for the first time since mid-August, rates fell again this week. The 30-year fixed-rate mortgage

By Peter Valdes-Dapena, CNN New York (CNN) — Honda is recalling 2.6 million cars, SUVs, vans and pickups in the United States because the fuel pump could fail. If that happens while driving, the vehicle could suddenly lose power. Honda recalled more than 620,000 vehicles in 2021 for the same issue. This latest recall includes

By Jordan Valinsky, CNN New York (CNN) — One of the most in-demand toys for kids this holiday season is coming to McDonald’s. Beginning on December 26 for a limited time, US locations of the fast food chain are rolling out the Squishmallows Happy Meal, which contain a miniature-sized version of plush toy. Toys have

CNN By Oliver Darcy, David Goldman, Liam Reilly and Jon Passantino, CNN (CNN) — Warner Bros. Discovery Chief Executive David Zaslav met on Tuesday with Paramount Global Chief Executive Bob Bakish, and they broached a potential merger between the two companies, two people familiar with the matter told CNN. A potential merger of the two

By Bryan Mena, CNN Washington, DC (CNN) — US economic growth was slightly lower in the third quarter than previously reported, but still robust, underscoring the sheer strength of America’s economy during the summer. Gross domestic product, the broadest measure of economic output, expanded at an annualized 4.9% rate from July through September, the Commerce

CNN By Matt Egan and Melissa Alonso, CNN (CNN) — Harvard President Claudine Gay is back in the hot seat as the embattled leader requested additional corrections of her past work, and a House committee widened an existing probe of Harvard to include an investigation into allegations of plagiarism. In a statement to CNN on

By Jordan Valinsky, CNN New York (CNN) — You might’ve indulged in some of the final bites and slurps of your favorite food and drinks without even realizing it. 2023 marked the end of McDonald’s baked goods (thankfully, we have new treats at CosMc’s to anticipate), the final batch of a historic craft beer and

By Matt Egan and Melissa Alonso, CNN (CNN) — Harvard President Claudine Gay is back in the hot seat as the embattled leader requested additional corrections of her past work, and a House committee widened an existing probe of Harvard to include an investigation into allegations of plagiarism. In a statement to CNN on Thursday

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks chief executive Laxman Narasimhan on Tuesday said people protesting the company and disrupting its stores over the Israel-Hamas war were being misled by false information spread online about the company’s positions. “We see protestors influenced by misrepresentation on social media of what we stand for,” Narasimhan

By Aya Elamroussi, CNN (CNN) — The Powerball jackpot soared to an estimated $620 million ahead of the next drawing on Saturday night, when players will vie for the ultimate holiday gift. The grand prize climbed after Wednesday night’s drawing turned no grand prize winners. The winning numbers for Wednesday drawing were 27, 35, 41,

By Oliver Darcy, David Goldman, Liam Reilly and Jon Passantino, CNN (CNN) — Warner Bros. Discovery Chief Executive David Zaslav met on Tuesday with Paramount Global Chief Executive Bob Bakish, and they broached a potential merger between the two companies, two people familiar with the matter told CNN. A potential merger of the two media

By Peter Valdes-Dapena, CNN (CNN) — Toyota is recalling about 1 million cars and SUVs in the United States due to a possible defect that could cause the passenger airbag to fail to deploy in a crash. The recall involves 15 different 2020 and 2021 model year Toyota and Lexus models including the Toyota Camry,

By Samantha Delouya, CNN (CNN) — Job openings surged and the Great Resignation was in full swing in 2022 as the labor market slowly rebounded from the shocks caused by the pandemic. But new government data illustrates just how strong the record-breaking job market really was. The annual jobless rate for 2022 – known as

By David Goldman, CNN Washington (CNN) — What. Just. Happened? The S&P 500, the broadest measure of the stock market, tumbled Wednesday afternoon, starting just after 2 pm ET. It was on pace to hit a record — its first in nearly two years. Then, the bottom fell out. Within minutes, the index was down

By Peter Valdes-Dapena, CNN New York (CNN) — Bird, a company that operates scooter- and bicycle-sharing operations globally, filed for bankruptcy Wednesday, with the aim to sell its United States operations. The Chapter 11 filing will allow Bird, which describes itself as “the largest micromobility operator in North America,” to restructure while the company works

By Jennifer Korn, CNN (CNN) — With Christmas just days away, shoppers have a shrinking window to get holiday shopping done and shipping started. A wide range of unanticipated problems might delay shipping around the holidays: surging delivery volume, inclement weather, out of stock items and ground shipping risks. “At this point I don’t typically

By Em Steck, CNN (CNN) — Harvard President Claudine Gay recently requested corrections for two of her academic papers, but she did not address even clearer examples of plagiarism from earlier in her academic history at the school, according to a CNN analysis of her writings. In response to accusations of plagiarism, the embattled Harvard president recently submitted corrections to two papers

By Jennifer Korn, CNN (CNN) — Tinder is now offering users a highly exclusive $499 monthly subscription option, but only if they receive a coveted invitation and get through the application process. Tinder SELECT offers users perks beyond those granted to the average swiper. Paying nearly $6,000 a year gives users the chance to see

CNN By Jennifer Korn, CNN (CNN) — Tinder is now offering users a highly exclusive $499 monthly subscription option, but only if they receive a coveted invitation and get through the application process. Tinder SELECT offers users perks beyond those granted to the average swiper. Paying nearly $6,000 a year gives users the chance to

By Catherine Thorbecke, CNN New York (CNN) — Ikea says it is expecting delays and possible availability constraints for certain products as a result of the ongoing attacks on ships in the Red Sea by Houthi rebels. “The situation in the Suez Canal will result in delays and may cause availability constraints for certain IKEA