Mortgage rates fall for the fourth consecutive week

Mortgage rates fall for the fourth consecutive week

washington d.c. CNN — Mortgage rates fell slightly this week, with a slight rate hike by the Federal Reserve signaling a promising improvement in inflation. The 30-year fixed-rate mortgage averaged 6.09% in the week ending Feb. 2, down 6.13% the previous week, according to Freddie Mac data released Thursday. A year ago, the 30-year fixed … Read more

Gautam Adani fails to calm investors amid market chaos that wiped out billions

Gautam Adani fails to calm investors amid market chaos that wiped out billions

New Delhi CNN — Indian billionaire Gautam Adani tried to reassure investors on Thursday after suddenly abandoned $2.5 billion stock sale of its flagship company. “For me, the interests of my investors are paramount and everything is secondary,” the 60-year-old businessman said in a registered video address. “Once the market stabilizes, we will review our … Read more

California floated cutting off major southwestern cities from Colorado River water before hitting its agricultural supply, sources say

California floated cutting off major southwestern cities from Colorado River water before hitting its agricultural supply, sources say

CNN — In a closed-door negotiation last week on the fate of the Colorado Riverrepresentatives from California’s powerful water districts have offered to model what the basin’s future would look like if some of the largest cities in the West – including Phoenix and Las Vegas – were cut off from the river’s water supply, … Read more

Biden administration moves one step closer to advancing controversial Alaska oil drilling project

Biden administration moves one step closer to advancing controversial Alaska oil drilling project

CNN — The Home Office’s Land Management Bureau advanced on Wednesday them controversial Willow oil drilling project on the Alaska North Slope, issuing the final environmental impact statement before the project can be approved. The Willow Drilling Plan proposed by ConocoPhillips is a massive, decades-long project that the state’s bipartisan congressional delegation says will create … Read more

Pre-market equities: Will the Fed end the 2023 stock market rally?

Pre-market equities: Will the Fed end the 2023 stock market rally?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of the newsletter by clicking on the same link. Washington CNN — Investors appear to be gearing up for another match against their favorite sparring partners … Read more

Bed Bath and Beyond is closing another 87 stores. See the list

Bed Bath and Beyond is closing another 87 stores.  See the list

New York CNN — Bed bath and beyond is closing another 87 stores as the struggling retailer heads into bankruptcy. Store closures add to 150 Bed Bath and Beyond closures announced last August. The new listing includes 5 buybuy Baby locations and the remaining 49 Harmon Face Value stores, which once sold cosmetics. “As we … Read more

ChatGPT creator deploys ‘flawed’ AI detection tool to help teachers spot potential fraud

ChatGPT creator deploys ‘flawed’ AI detection tool to help teachers spot potential fraud

CNN — Two months after OpenAI pissed off some educators with the public version of ChatGPTan AI chatbot that can help students and professionals generate surprisingly compelling essays, the company unveils a new tool to help teachers adapt. OpenAI announced on Tuesday a new feature, called “AI Text Classifier”, which allows users to check whether … Read more

California floated cutting off major southwestern cities from Colorado River water before hitting its agricultural supply, sources say

California floated cutting off major southwestern cities from Colorado River water before hitting its agricultural supply, sources say

CNN — In a closed-door negotiation last week on the fate of the Colorado Riverrepresentatives from California’s powerful water districts have offered to model what the basin’s future would look like if some of the largest cities in the West – including Phoenix and Las Vegas – were cut off from the river’s water supply, … Read more

Ultra-processed foods linked to ovarian and other cancer deaths, study finds

Ultra-processed foods linked to ovarian and other cancer deaths, study finds

Editor’s note: Sign up for CNN’s Eat, But Better: Mediterranean Style. Our eight-part guide shows you a delicious, expert-backed food lifestyle that will improve your health for life. CNN — According to a new study of more than 197,000 people in the UK, more than half of whom were women, eating more ultra-processed foods increases … Read more

Linda Ronstadt ‘Long, Long Time’ Soars After ‘Last of Us’ Episode

Linda Ronstadt ‘Long, Long Time’ Soars After ‘Last of Us’ Episode

CNN — Linda Ronstadt’s “Long, Long Time” appeared not once but three times in Sunday’s episode of “The Last of Us.” And fans of HBO’s latest hit were clearly moved by Ronstadt’s song, as streams of his ballad have skyrocketed since the episode premiered. Between 11 p.m. ET and midnight Sunday, Spotify streams of “Long, … Read more