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…

China restricts exports of graphite as it escalates a global tech war | CNN Business

[ad_1] Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong…

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…

US escalates tech battle by cutting China off from AI chips | CNN Business

[ad_1] Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong/Washington…

‘Pony up’: In strategic shift, UAW says added strikes could come ‘at any time’ | CNN Business

[ad_1] CNN  —  UAW President Shawn Fain said the union would not expand its strike against the Big Three automakers on Friday, but that the UAW stood ready to add…

Weight loss drugs haven’t hurt Pepsi’s business, CEO says | CNN Business

[ad_1] New York CNN  —  Snack and beverage maker PepsiCo has so far seen “negligible” impact on its business from drugs used for weight loss or diabetes, CEO Ramon Laguarta…

Belgium’s security services are monitoring Alibaba for possible spying | CNN Business

[ad_1] London CNN  —  Intelligence officers in Belgium are monitoring Alibaba’s logistics hub in Europe for possible espionage on behalf of the Chinese government. Belgium’s state security service VSSE told…

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…

China’s economic data improves in August

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