Washington — US mortgage rates climbed this week as investors fret the economic impact of President Donald Trump’s war on Iran, undoing some of the welcomed progress in housing affordability. The average rate
New York — Stocks fell and global oil prices settled at $100 per barrel for the first time since 2022 as the effective closure of the Strait of Hormuz continued to roil markets.
Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of a long
New York — Stocks have climbed, bond yields have fallen and the US dollar has weakened across President Donald Trump’s second term so far — market movements the president has welcomed. But the
When two teen test accounts asked about carrying out violence, many AI chatbots didn’t refuse or discourage them, they helped. A months-long CNN investigation, conducted jointly with the Center for Countering Digital Hate,
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — Meta, the company that changed its entire brand
Dozens of countries have done the unprecedented, releasing an historic amount of crude from emergency reserves to prevent high oil prices from crippling the economy. If that doesn’t work, there’s only one serious
Hong Kong — In an era marked by US overseas military actions and trade turbulence, Chinese leader Xi Jinping is counting on a plan to shield his country from the storm: driving innovation
Hong Kong/London — Brent crude oil hovered around $100 a barrel Thursday, after Iran’s new leader purportedly said the Strait of Hormuz would remain shut and as further attacks on ships in the
This week, as the US and Israeli war against Iran continued to expand across the Middle East, traders and analysts have been fretting about “Brent” as if he’s an old, wayward friend: “Brent”
