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As mortgage rates fall, homebuilders are feeling good about the housing market again

By Anna Bahney, CNN Washington, DC (CNN) — Homebuilder confidence improved in December as mortgage rates continued to fall, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Monday. Builder confidence in the market for newly built single-family homes rose for the first time in four months, climbing to 37 on the

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Southwest hit by record $140 million fine for holiday service meltdown in 2022

By Pete Muntean and Chris Isidore, CNN Washington (CNN) — The federal government is fining Southwest Airlines $140 million for last year’s historic, 10-day-long holiday meltdown that stranded more than 2 million travelers. The Department of Transportation’s announcement of its largest-ever civil penalty comes about one year after cascading issues at Southwest led to the

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