[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 »‘We’re trapped’: Britons in homes with unsafe cladding see no way out as living costs soar
[ad_1] London CNN — In May 2017, Sophie Bichener did what many in their twenties are unable to do: buy a home. She paid around £230,000 (around $295,000 at the time) for her two-bedroom apartment in a high-rise building in a town north of London, where a train could get …
Read More »A stomach-churning year for markets in 5 charts
[ad_1] New York CNN — Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most investors would rather forget. Russia’s invasion of Ukraine, snarled supply chains and another year of Covid turned markets on their head this year. Inflation surged around the …
Read More »Premarket stocks: Wall Street kills its darlings
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Verbose writers afflicted with the tendency to deliver …
Read More »Consumers kept the economy hot in 2022. Now they’re losing steam
[ad_1] Minneapolis CNN — For a year that held promise of a return to normalcy, 2022 threw plenty of curve balls at the American consumer. Supply chains remained in disarray as ongoing snarls were drastically worsened by lockdowns in China and Russia’s invasion of Ukraine, average US gas prices shot …
Read More »Winter storm death toll rises to 25 in Erie County, New York, as residents remain trapped under feet of snow
[ad_1] CNN — [Breaking news update at 9:47 a.m. ET] At least 25 people have died in Erie County, New York, as a result of a massive winter storm that blasted much of the US, county executive Mark Poloncarz said in a news conference Monday, citing the findings of the …
Read More »A prolonged winter storm delivers power outages, snarled travel and frigid temperatures on Christmas Day
[ad_1] CNN — A nearly weeklong winter storm blasting much of the US has plunged temperatures to life-threatening lows, brought blizzards and floods, and left more than a quarter million people without power on Christmas Day. Blizzard conditions continue across the Great Lakes, while frigid cold temperatures grip the eastern …
Read More »Opinion: Crypto was billed as a vehicle to wealth. For many Black investors, it’s been anything but
[ad_1] Editor’s Note: Tonantzin Carmona is a David M. Rubenstein fellow at the Brookings Institution. Her most recent work has focused on the risks and drawbacks of cryptocurrencies, particularly their impact on Black and Latinx communities. The views expressed here are her own. Read more opinion at CNN. CNN — …
Read More »Elon Musk’s Twitter obsession isn’t the core reason for Tesla stock’s plunge
[ad_1] New York CNN — A popular misconception has emerged about Elon Musk and Tesla: The megabillionaire’s love affair with Twitter is the main reason Tesla shares have lost so much value this year. But Tesla’s steep stock selloff this week proved that the problems at Musk’s car company go …
Read More »Winter storm’s icy cold and wind knocks out power to over a million customers
[ad_1] CNN — A massive winter storm battered the US on Friday with frigid temperatures, high winds and heavy snow, leaving several people dead, knocking out power to over a million customers and wrecking holiday plans from coast to coast. The storm – expected to intensify throughout Friday as it …
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