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Mortgage companies could intensify the next recession, US officials warn

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Mortgage companies could intensify the next recession, US officials warn

US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets and soaring delinquencies. ​ US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets and soaring delinquencies. Read More Breaking News, Latest News and Videos | CNN 

todayMay 13, 2024 5

Massachusetts takes Uber and Lyft to trial over status of gig workers

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Massachusetts takes Uber and Lyft to trial over status of gig workers

Uber and Lyft are set to face trial on Monday in a US lawsuit by Massachusetts’ attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees. ​ Uber and Lyft are set to face trial on Monday in a US lawsuit by Massachusetts’ attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees. Read More Breaking News, Latest News and Videos | CNN 

todayMay 13, 2024 8

A cartoon on X just sent GameStop shares surging 72%

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A cartoon on X just sent GameStop shares surging 72%

Roaring Kitty, the former trader legally known as Keith Gill who helped stoke the meme stock frenzy in 2021, is back online. ​ Roaring Kitty, the former trader legally known as Keith Gill who helped stoke the meme stock frenzy in 2021, is back online. Read More Breaking News, Latest News and Videos | CNN 

todayMay 13, 2024 10

Analysis: Shifting his fishing buddy sideways in the Kremlin, Putin chooses an economy expert for the war in Ukraine. Here’s why

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Analysis: Shifting his fishing buddy sideways in the Kremlin, Putin chooses an economy expert for the war in Ukraine. Here’s why

Russian President Vladimir Putin’s weekend government shakeup appears to be the triumph of competence over loyalty, as Sergei Shoigu is dropped as chief of defense. ​ Russian President Vladimir Putin’s weekend government shakeup appears to be the triumph of competence over loyalty, as Sergei Shoigu is dropped as chief of defense. Read More Breaking News, Latest News and Videos | CNN 

todayMay 13, 2024 6

Analysis: The rest of the world wants the Ukraine war to go away. Putin has other ideas

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Analysis: The rest of the world wants the Ukraine war to go away. Putin has other ideas

The changing language used by the Ukrainian military in 72 hours of daily updates tells the story: “Ongoing defensive fighting.” “Significantly worsened.” Russian “tactical success.” ​ The changing language used by the Ukrainian military in 72 hours of daily updates tells the story: “Ongoing defensive fighting.” “Significantly worsened.” Russian “tactical success.” Read More Breaking News, Latest News and Videos | CNN 

todayMay 13, 2024 6

What is Georgia’s ‘foreign agents’ bill, and why is Europe so alarmed?

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What is Georgia’s ‘foreign agents’ bill, and why is Europe so alarmed?

Georgia’s parliament is set to pass a highly controversial so-called “foreign agents” bill that has triggered widespread protests across the former Soviet Republic nestled in the Caucasus Mountains. ​ Georgia’s parliament is set to pass a highly controversial so-called “foreign agents” bill that has triggered widespread protests across the former Soviet Republic nestled in the Caucasus Mountains. Read More Breaking News, Latest News and Videos | CNN 

todayMay 13, 2024 9