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CNN Economy

Wells Fargo will be fined $1 billion

CNN Economy - Jue, 04/19/2018 - 19:09
US regulators are close to slapping Wells Fargo with a $1 billion fine for forcing customers into car insurance and charging mortgage borrowers unfair fees.
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Fed official worried about recession indicator

CNN Economy - Mié, 04/18/2018 - 18:34
St. Louis Federal Reserve President James Bullard is concerned about the yield curve.
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Senate moves to repeal Obama-era car loan rule

CNN Economy - Mié, 04/18/2018 - 14:56
Congress just moved a step closer to gutting an Obama-era safeguard against discriminatory auto lending.
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Big banks are minting money right now

CNN Economy - Mié, 04/18/2018 - 13:39
Big banks are raking in monster profits -- and they owe President Trump thanks for their success.
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Most investors think 2018 is the peak year for stocks

CNN Economy - Mié, 04/18/2018 - 10:50
Fifty-eight percent of global money managers surveyed by Bank of America Merrill Lynch think the stock market has already peaked or will later this year.
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The high cost of taking away prisoners' Medicaid coverage

CNN Economy - Mié, 04/18/2018 - 08:44
Many prisoners lose Medicaid coverage the moment they are incarcerated, creating a critical gap in coverage that sets inmates up for failure and costs state and local governments billions.
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States aren't waiting for Washington to require poor residents to work

CNN Economy - Mié, 04/18/2018 - 08:33
President Trump is setting the stage to make more low-income Americans work for Medicaid, food stamps and other benefits. But a growing number of states are already doing just that.
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Trump renews attack on TPP: 'I don't like the deal'

CNN Economy - Mié, 04/18/2018 - 06:05
President Donald Trump repeats his preference for bilateral trade deals during summit with Japan's Abe.
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Supreme Court debates whether to allow states to tax all online sales

CNN Economy - Mar, 04/17/2018 - 16:29
The Supreme Court heard arguments for South Dakota vs. Wayfair Tuesday, a case that could force consumers to start paying sales tax on all of their online purchases.
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Congress could kill safeguard against auto lending discrimination

CNN Economy - Mar, 04/17/2018 - 14:23
The Senate could vote as soon as Tuesday to repeal a regulation aimed at ensuring minorities car buyers aren't charged higher interest rates.
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India's ATMs are running out of cash ... again

CNN Economy - Mar, 04/17/2018 - 12:54
Cash machines in several states in India are running out of rupees, and the government won't say why.
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US-China trade: 24 hours that escalated the fight

CNN Economy - Mar, 04/17/2018 - 10:43
Read full story for latest details.
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This Texas military town has nearly closed the black and white homeownership gap

CNN Economy - Mar, 04/17/2018 - 10:27
Killeen, Texas is a relative oasis of racial parity when it comes to homeownership. The reason: Fort Hood.
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IMF says global economy will slow after 2019

CNN Economy - Mar, 04/17/2018 - 10:02
Global growth is expected to remain strong for the next 18 months but the outlook thereafter is less rosy.
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Japan is heading for a trade showdown with America

CNN Economy - Mar, 04/17/2018 - 08:42
President Donald Trump wants to overhaul the $200 billion trade relationship with Japan. Prime Minister Shinzo Abe isn't so keen.
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CEO of $20 million startup could lose his visa and his business

CNN Economy - Lun, 04/16/2018 - 17:12
Hiral Sanghavi launched his company BauBax on Kickstarter in 2015. Three years and $20 million in sales later, he now fears he could lose everything due to a visa issue.
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Congress could give bank shareholders a $53 billion gift

CNN Economy - Lun, 04/16/2018 - 16:40
Regional banks could reward shareholders with up to $53 billion if Congress rolls back Dodd-Frank.
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Consumers spent more last month, but ...

CNN Economy - Lun, 04/16/2018 - 15:19
After three straight months of declines, consumers spent more at retailers in March.
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How Russian retaliation could hurt America

CNN Economy - Lun, 04/16/2018 - 14:29
Russian lawmakers are considering sanctions in retaliation for "unfriendly actions" by the United States.
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Bank of America hauls in biggest profit ever

CNN Economy - Lun, 04/16/2018 - 12:39
Bank of America is minting money thanks to tax cuts, turbulent markets and the stronger economy.
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