[ad_1] Washington, DC CNN — Mortgage rates inched up again last week, after a slight increase the week before interrupted six straight weeks of falling rates. The 30-year fixed-rate mortgage averaged 6.48% in the week ending January 5, up from 6.42% the week before, according to Freddie Mac. A year …
Read More »Sales of Manhattan apartments nosedived at the end of 2022
[ad_1] Washington, DC CNN — It is almost as if the wild turns in the Manhattan real estate market during the pandemic didn’t happen. Almost. The frenzy to buy apartments in Manhattan took off in 2021 as the city bounced back from the worst of the pandemic. But it nosedived …
Read More »US job openings fell again in November, in sign the labor market may be loosening up
[ad_1] Minneapolis CNN — The number of available jobs in the United States totaled 10.46 million in November, according to data released Wednesday by the Department of Labor. That’s more than the 10 million total job openings that economists were expecting, according to Refinitiv, and slightly lower than the upwardly …
Read More »Extreme heat in Europe smashes all-time records
[ad_1] CNN — The year has only just started but already Europe has broken an alarming number of weather records as extreme heat spread across the continent. On New Year’s Day, at least eight European countries recorded their warmest January day ever: Liechtenstein, the Czech Republic, Poland, the Netherlands, Belarus, …
Read More »FTX founder Sam Bankman-Fried arrives in court to face charges
[ad_1] New York CNN — Sam Bankman-Fried, the disgraced founder of bankrupt crypto exchange FTX, has arrived at a Manhattan federal court where he is set to appear to face charges that include cheating investors out of billions of dollars. Authorities have accused Bankman-Fried of stealing customer funds from FTX …
Read More »Tesla’s shares plunge further on weaker than expected sales
[ad_1] New York CNN — Tesla shares plunged more than 11% in early trading Tuesday, as weaker than expected global sales caused the company’s massive slide in its share price that began last year to continue. Tesla reported record 2022 sales of 1.3 million vehicles, up 40% from the 2021 …
Read More »‘This made us all unemployable’: Trump White House aides respond to January 6 in angry text exchange
[ad_1] CNN — A text exchange between Ivanka Trump’s chief of staff Julie Radford and White House aide Hope Hicks reveals their anger over then-President Donald Trump’s actions on January 6, 2021, hurting them professionally, according to newly released documents collected by the House select committee investigating the Capitol Hill …
Read More »Jack Ma Fast Facts | CNN
[ad_1] CNN — Here’s a look at the life of Jack Ma, co-founder of China’s most successful tech empire and billionaire entrepreneur. Birth date: September 10, 1964 Birth place: Hangzhou, China Birth name: Ma Yun Father: Ma Laifa Mother: Cui Wencai Marriage: Zhang Ying (Cathy Zhang) Children: Two (some sources …
Read More »Xi Jinping estimates China’s 2022 GDP grew at least 4.4%. But Covid misery looms
[ad_1] Hong Kong CNN — China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. But the current Covid wave may hobble growth in the months ahead. China’s annual GDP is expected to have exceeded 120 trillion yuan …
Read More »Opinion: Meet the 18 contributors who think they know what will happen in 2023
[ad_1] Editor’s Note: Sign up to get our weekly column as a newsletter. We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN — Predicting the future is impossible, and yet someone has to do it: in our case, the 18 contributors …
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