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Fed offers more rate hike clues

New York CNN Business  —  Americans are getting ready for food, family and football on Thursday, but investors were still holding off until Wednesday afternoon before starting to give thanks. That’s because the Federal Reserve released the minutes from its latest meeting at 2pm ET Wednesday, which provided more clues about the central bank’s thinking […]

Largest railroad union rejects labor deal, raising risk of a crippling strike

New York CNN Business  —  America faces a growing risk of a crippling national freight rail strike in two weeks. The rank-and-file members of the nation’s largest rail union, which represents the industry’s conductors, rejected a tentative labor deal with freight railroads, the union announced Monday. The nation’s second-largest rail union, which represents engineers, ratified […]

Taliban likely gained access to millions that US transferred to Afghan government before collapse, watchdog says

CNN  —  The Taliban likely gained access to tens of millions of dollars the US transferred to the Afghan government before it collapsed, a US government watchdog found. The Special Inspector General for Afghanistan Reconstruction (SIGAR), which monitored US projects and spending during America’s longest war, said in its latest report that the Taliban likely […]

Twitter executives quit amid company turmoil

Washington CNN Business  —  Just days after Twitter laid off thousands of employees, a number of top executives from teams working on privacy and security at the platform have reportedly resigned. Twitter’s chief information security officer announced their resignation on Thursday, vacating one of the company’s most critical roles just as scrutiny is mounting over […]

America’s housing dream is broken

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t buying. They were either too cheap, lazy, or […]

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