HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

[ad_1] Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be…

‘Low fertility trap’: Why Italy’s falling birth rate is causing alarm | CNN

[ad_1] Rome CNN  —  Italy, a country once known for its big families gathered around the dinner table, is facing a crisis of unparalleled proportions. For the first time, the…

Why the housing market is going from tough to terrible | CNN Business

[ad_1] Washington, DC CNN  —  Mortgage rates are nearing 8%. Prices have climbed for the past three months straight. And there were fewer homes on the market in September than…

Fed Chair Powell hints that soaring bond yields could mean end of rate hikes | CNN Business

[ad_1] Washington, DC CNN  —  Federal Reserve Chair Jerome Powell said Thursday that soaring bond yields could help the Fed slow the economy, further cooling inflation and the possibly signaling…

Stock market minnows are grabbing most of the world’s IPOs | CNN Business

[ad_1] London CNN  —  When UK-based chip designer Arm went public earlier this month, raising $65 billion on the Nasdaq in a matter of hours, hopes swirled among investors that…

Canadian autoworkers approve labor deal with Ford | CNN Business

[ad_1] CNN  —  Members of Canada’s autoworkers union, Unifor, ratified a tentative three-year agreement with Ford on Sunday after the union had reached an 11th-hour agreement last week to avert…

Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall | CNN Business

[ad_1] New York CNN  —  A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected. Shares of the fitness company…

The next phase of the Fed’s historic inflation fight is waiting for rate cuts | CNN Business

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio…

As mortgage rates soar over 7%, an unaffordable housing market is becoming even more expensive | CNN Business

[ad_1] Washington, DC CNN  —  An already miserably unaffordable housing market is getting more expensive. As mortgage rates top 7% — the highest they’ve been in 21 years according to…

Forget the pension protests. France’s economy has momentum | CNN Business

[ad_1] London CNN  —  Attacks on the Paris offices of multi-billion dollar corporations earlier this month by protesters angry about pension reforms may have tarnished France’s image as a place…