Washington, DC CNN — Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment as it did in March. Typically, rental activity builds from the spring to a peak in late summer, but median rent last month was the highest on record, according to […]
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 version of the newsletter by clicking the same link. Washington DC CNN — After more than a year of soaring prices monopolizing the attention of Wall Street, […]
Dublin, Ireland CNN — President Joe Biden is spending most of his trip to Ireland this week exploring his family’s roots, from the shoemaker who sailed from Newry in 1849 in search of a better life in America to the brick-seller in Ballina who sold 28,000 bricks to pay for his own family’s passage to […]
Hong Kong CNN — Sea levels on China’s coastline have hit their highest on record for the second year in a row, rising more quickly than the global average and posing a serious threat to coastal cities such as the financial hub of Shanghai. In 2022, China’s coastal sea levels were 94 millimeters (3.7 inch) […]
Brisbane, Australia CNN — A massive cyclone swirling off Australia’s western coast will likely make landfall as a category 5 storm – the strongest on the national scale – according to the country’s official forecaster. The Bureau of Meteorology (BOM) expects Cyclone Ilsa to cross the Pilbara coast of Western Australia Thursday evening or Friday […]
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN — Flowers, a coconut and a round of cheers were part of the celebrations following the inaugural test run through India’s first underwater metro tunnel on […]
Hong Kong CNN — Japan’s workers still aren’t getting paid enough to keep up with rising prices. That’s hurting living standards and creating a major headache for the country’s new central bank chief as he marks his first week on the job. Adjusted for inflation, wages slipped 2.6% in February, compared to the same month […]
Washington, DC CNN — The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this year, according to notes from the Federal Reserve’s March policy meeting, released on Wednesday. Since November 2022, staff economists at the Federal Reserve have predicted subdued growth and a weakening economy […]
CNN — Two of Indonesia’s biggest soccer teams Arema FC and Persebaya Surabaya played behind closed doors Tuesday in their first meeting since the deadly stadium disaster that killed more than 130 people in October. The crush began when a number of the 42,000 Arema FC supporters ran onto the pitch following their 3-2 loss […]
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 version of the newsletter by clicking the same link. New York CNN — Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank […]