Millennials powered America’s homeownership boom | CNN Business

Washington CNN  —  Prior to the pandemic, Yue and Chris Parsons were, like many Millennials, reluctant…

US small businesses feel better about the economy, but still can’t find enough skilled workers | CNN Business

Washington, DC CNN  —  US small businesses are noticing slightly better business conditions and are feeling…

US economy still needs ‘multiple’ rate hikes, says top Fed official | CNN Business

New York CNN  —  A senior official at the Federal Reserve is pushing back against growing…

Global food prices bounce following collapse of Black Sea grain deal | CNN Business

London CNN  —  Global food prices ticked up last month after Russia pulled out of a deal…

Asian markets tumble after Fitch downgrades US debt | CNN Business

Hong Kong CNN  —  Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US…

Plunging sales of new homes show China’s real estate crisis isn’t over | CNN Business

Hong Kong CNN  —  Plunging sales of new homes and the reported cancellation of a share…

Middle-income Americans think prosperity is within reach | CNN Business

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

China tries to boost consumer spending as factory sector contracts for fourth month | CNN Business

Hong Kong CNN  —  China unveiled a series of measures to boost domestic consumption Monday after…

US paychecks aren’t growing as quickly. That’s good for the Fed — but not for workers | CNN Business

Washington, DC CNN  —  US wage gains cooled in the second quarter, showing some easing of…

ExxonMobil earnings fell on sinking oil prices | CNN Business

New York CNN  —  ExxonMobil’s profit fell sharply in the second quarter on lower oil and…