CNN — If you’ve come across a four bedroom, 3.5 bathroom home that recently came up for sale on a quiet cul-de-sac in Cedar Rapids, Iowa, you might not think twice about listing it online. It included typical real estate Descriptions like “great for entertaining” and “plenty of space to relax.” but JJ Johannes, the … Read more
CNN — If you’ve come across a four bedroom, 3.5 bathroom home that recently came up for sale on a quiet cul-de-sac in Cedar Rapids, Iowa, you might not think twice about listing it online. It included typical real estate Descriptions like “great for entertaining” and “plenty of space to relax.” but JJ Johannes, the … Read more
CNN — Senate GOP leader Mitch McConnell has a history of finding ways out of a devastating debt default. It may be different this time – at least for now. In the face of the riskiest debt-ceiling standoff in a dozen years, Senate Republican leaders plan to take a backseat role and let the newly … Read more
CNN — Senate GOP leader Mitch McConnell has a history of finding ways out of a devastating debt default. It may be different this time – at least for now. In the face of the riskiest debt-ceiling standoff in a dozen years, Senate Republican leaders plan to take a backseat role and let the newly … Read more
Washington CNN — Big headache for student loan borrowers could be on the horizon. Its monthly payments could resume as soon as this summer after a three-year hiatus. And the federal agency that oversees the student loan system is operating on the same budget as last year — which could complicate any efforts to ensure … Read more
Wells Fargo & Co. is opposing United Furniture Industries Inc.’s Chapter 11 filing for bankruptcy protection, saying it is “an exercise in revisionist history” and only benefits the manufacturer’s majority owner, David Belford. Wells Fargo is United’s largest creditor. A Dec. 30 court filing seeking United’s Chapter 7 liquidation said he owed $99.21 million in … Read more
CNN — Two senior executives linked to collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court filings. In addition, the couple faces civil fraud charges from the Securities and Exchange Commission, which were announced Wednesday night. Gary Wang, the co-founder of FTX, and … Read more
Editor’s note: This is an update from a Story which was originally published on December 8, 2022. new York CNN business — There could soon be new retirement rules that could make it easier for Americans to accumulate retirement savings — and less costly to withdraw them — if lawmakers pass a bigger spending package … Read more
CNN — Two centers of power in Washington on Wednesday will reveal the politically toxic dynamics of the key economic issue threatening President Joe Biden’s congressional majorities with midterm elections less than a week away. The Fed is likely to trigger another historic rate hike, and Biden will host an event about a half-mile away … Read more
CNN — President Joe Biden on Wednesday will announce the sale of an additional 15 million barrels from the Strategic Petroleum Reserve in December, a senior administration official said, as his administration seeks to counter market pressure created by OPEC+’s decision to extend oil production targets to just three weeks to cut back from the … Read more