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Investing
Mortgage rates rise after disappointing March inflation report
Mortgage rates drifted higher this week, and could increase further, in a sign that America’s affordability crisis isn’t letting up.…
Wall Street wants answers from big banks about the economy
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…
California just hiked minimum wage for fast food workers. Some restaurants are replacing them with kiosks
California just raised the minimum wage for the state’s fast food sector workers by $4 to $20. As if on cue, it raised a familiar…
US wholesale inflation heated up again last month
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures remain…
Minneapolis expected to give Uber and Lyft a reason to stick around — at least until July
Lyft and Uber might hit reverse on plans to leave Minneapolis on May 1 over a new minimum wage for rideshare drivers set to go into…
Bad news for Biden (and all Americans): Inflation is creeping higher at the worst time
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
NPR faces right-wing revolt and calls for defunding after editor claims left-wing bias
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the…
Instagram to crack down on teen sextortion
Instagram is aiming to make it harder for potential scammers and criminals to coerce teens into sending nude photos and extort them…
Japan seeks investment in AI, semiconductors from American companies
Once seen as America’s greatest economic challenger, Japan is now looking to team up with the world’s biggest economy by appealing…
‘I cannot afford to live’: Gen Z is full of financial angst despite inheriting a golden job market
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…