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CNN Economy

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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Britain's biggest carmaker cuts 1,000 jobs

CNN Economy - Lun, 04/16/2018 - 09:29
Read full story for latest details.
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Trillion-dollar budget deficits will make next recession more painful

CNN Economy - Dom, 04/15/2018 - 09:50
House Speaker Paul Ryan is leaving behind a looming $1 trillion budget deficit that will make the next recession harder to fight.
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In Camden, this group helps low-income kids launch careers

CNN Economy - Vie, 04/13/2018 - 07:49
Hopeworks 'N Camden offers a training program and internships that has helped hundreds of Camden, New Jersey's disadvantaged youth get jobs and start businesses.
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The US may have missed its chance to rejoin the TPP

CNN Economy - Vie, 04/13/2018 - 07:09
President Donald Trump wants to take another look at the huge Pacific trade deal that he yanked the United States out of last year -- but getting the world's largest economy back in would be tough.
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House GOP bill would lock the poor out of food stamps if they don't work

CNN Economy - Jue, 04/12/2018 - 19:02
The House GOP farm bill would broaden work requirements for food stamp recipients, as well as lock them out from the program for up to three years if they don't work.
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The middle class is growing again -- but slowly

CNN Economy - Jue, 04/12/2018 - 17:02
After losing ground for years, the U.S. middle class is slowly clawing its way back. In 38 states, a larger share of households were "middle class" in 2016 than in 2013, according to a new Stateline analysis.
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Regulators push to shrink big banks' rainy-day fund by $121 billion

CNN Economy - Jue, 04/12/2018 - 13:10
Trump-appointed regulators are pushing to ease the amount of capital that mega banks must hold, softening one of the key safeguards put in place to prevent a repeat of the 2008 meltdown.
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Elizabeth Warren to CFPB's Mulvaney: 'You are hurting real people'

CNN Economy - Jue, 04/12/2018 - 13:02
Senator Elizabeth Warren blasted the head of the consumer watchdog agency, Mick Mulvaney, for not standing up for millions of Americans who get cheated by financial predators.
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China presents huge rewards for Wall Street -- with big risks

CNN Economy - Jue, 04/12/2018 - 12:15
Read full story for latest details.
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WTO urges politicians to 'show restraint' on trade

CNN Economy - Jue, 04/12/2018 - 11:36
The World Trade Organization has issued a warning to global leaders: Trade wars will inflict major damage on the economy.
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London's property market is in a coma

CNN Economy - Jue, 04/12/2018 - 09:12
London experienced years of booming property prices. But the market has now ground to a halt.
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The Federal Reserve plans to hike interest rates even faster

CNN Economy - Mié, 04/11/2018 - 15:52
The Federal Reserve foreshadowed a 'slightly steeper' rate hike path in next few years.
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