Money

By Anna Bahney, CNN Business Rents in Manhattan rose at the highest rate in more than a decade in October, with increases especially impacting the upper end of the market. Over the past 18 months, as the pandemic wreaked havoc on the Manhattan rental market, landlords offered steep discounts on properties. Taking those cuts into

By Frank Pallotta, CNN Business It sounds crazy to say this, but Disney could really use a hit right now. Disney reported Wednesday that its streaming growth slowed dramatically last quarter, sending shares of the company down as much as 8.5% on Thursday morning. No surprise there: Disney’s media empire may stretch to parks, cable

By Jeanne Sahadi, CNN Business If you’re in the US military, there are many potential financial benefits available to you and your family — even if you serve for just four years. For instance, there’s some tax-free compensation, generous educational benefits, zero-to-low-cost health care, housing allowances and a host of free services on base. But

By Matt Egan, CNN Business Former President Donald Trump has blasted the bipartisan infrastructure legislation recently passed by Congress as a “Non-Infrastructure” bill. Trump, long an advocate for infrastructure spending, put out a statement last weekend claiming that just 11% of the $1.2 trillion package is going toward “real” infrastructure. The former president, who repeatedly

By Walé Azeez, CNN Business UK GDP growth slowed between July and September, leaving the economy still around 2% smaller than it was before the pandemic and trailing the recovery in other G7 nations. The UK economy, struggling with supply chain disruptions and high energy prices, expanded by 1.3% in the quarter, down from growth

By Julia Horowitz and Vasco Cotovio, CNN Business Ever had a persistent boss who won’t stop messaging you once you’ve left work or logged off? In Portugal, that behavior is now illegal. The country recently introduced a law that bans employers from contacting workers outside of their regular hours by phone, message or email. “The

By Paul R. La Monica, CNN Business Chinese consumers were hunting for bargains on Singles Day, the online shopping extravaganza that takes place every November 11 which was originally launched by e-commerce giant Alibaba. But investors have been betting that Alibaba’s top rival JD.com might be an even bigger Singles Day winner. Shares of JD.com

By Julia Horowitz, CNN Business Prices for American consumers are rising at the fastest rate in three decades, setting the stage for a standoff between the White House and the Federal Reserve as concerns grow about the political ramifications of inflation. What’s happening: Investors, economists and policymakers were rattled Wednesday by the news that annual

By Michelle Toh, CNN Business Tencent’s growth has slowed significantly as a widening regulatory crackdown in China weighs on its business, particularly its once-booming gaming division. In its first earnings report since China imposed new restrictions on how long minors can play online video games, the company posted a big dip in usage and billings