Why you should care about the global rout in government bonds | CNN Business

London CNN  —  A slump in government bonds around the world has pushed up the cost…

US mortgage rates climb to 7.31%, hitting their highest level in nearly 23 years | CNN Business

Washington, DC CNN  —  US mortgage rates surged to their highest level in nearly 23 years…

Pending home sales plunged last month as mortgage rates hit 20-year highs | CNN Business

Washington, DC CNN  —  US pending home sales dropped 7.1% in August from the month prior…

Coal makes a quiet resurgence in the clean energy era | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Dow tumbles by more than 400 points, on pace for biggest one-day decline since March | CNN Business

New York CNN  —  Stocks tumbled Tuesday after a slew of economic data stoked fears about…

The Fed has a perfect interest rate in mind. Here’s what it is | CNN Business

There’s a star the Federal Reserve is chasing. Source link

Even 1.4 billion people can’t fill all of China’s vacant homes, ex-official admits | CNN Business

Even China’s population of 1.4 billion would not be enough to fill all the empty apartments…

Bank of England pauses historic rate hikes as UK inflation falls | CNN Business

London CNN  —  The Bank of England paused its historic interest rate hiking campaign for the…

Home building sank in August amid crushing mortgage rates | CNN Business

Washington, DC CNN  —  US home building sank in August, dropping 11.3% from July levels, as…

Government shutdown would leave the Fed flying blind | CNN Business

Washington, DC CNN  —  In the event of a US government shutdown, the Bureau of Labor…