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Investing
US new home sales surged in March despite elevated mortgage rates
Sales of newly built single-family homes in the United States soared in March despite mortgage rates remaining elevated that month.…
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market debut Tuesday, tumbling as much as 38% from…
Federal labor board has been much more pro-worker under Biden. Employers want courts to end that
Starbucks and the National Labor Relations Board, the federal agency charged with protecting workers’ rights, will battle each other…
Can markets make a comeback? That depends on tech earnings
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…
After Tesla’s falling sales, layoffs and other problems, this is a crucial earnings report
Tesla is having a very bad year so far. Investors will get an idea of just how bad after the company reports earnings and offers…
Baltimore files legal claim against owner and operator of cargo ship that rammed bridge
Baltimore filed a legal claim on Monday against the owner and manager of the ship that crashed into the Francis Scott Key Bridge last…
The electric car revolution is on track, says IEA
Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China,…
US sues to block Tapestry’s Capri deal citing handbag market domination
The US Federal Trade Commission said on Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri,…
Taylor Swift’s ‘Tortured Poets Department’ shatters streaming records across Spotify, Amazon, Apple
Taylor Swift is breaking records. Again.
Swift’s latest album, “The Tortured Poets Department,” which dropped…
TikTok vows legal challenge to potential US app ban
TikTok will file a court challenge if Congress passes legislation paving the way to a nationwide ban of the app, a top executive told…