Yellen to CNN: The US can bring down inflation while maintaining a strong job market- QHN

CNN  —  Last month’s upheaval within the banking sector hasn’t pushed America off course from achieving a soft landing, Treasury Secretary Janet Yellen told CNN’s Fareed Zakaria in an exclusive … Read More

US home building surged in February- QHN

Washington, DC CNN  —  US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of new home construction, rose by 9.8% … Read More

NABE economists still expect a recession this year. The question is when- QHN

Minneapolis CNN  —  The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and … Read More

Warren Buffett is missing out on this year’s market comeback- QHN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN  —  Warren Buffett is arguably … Read More

Microsoft and Google promised to invest in these communities. Now they’re backtracking- QHN

CNN Business  —  When Microsoft President Brad Smith announced in February 2021 that the tech giant had purchased a 90-acre plot of land in Atlanta’s westside, he laid out a … Read More

Buying a home is now more affordable than renting in these five cities- QHN

Washington, DC CNN  —  Even as rents continue to climb across the country, renting is still cheaper than monthly payments for a purchased home in 45 of the 50 largest … Read More

Did the economy end 2022 with a bang or a whimper?- QHN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN  —  Recession alarm bells are … Read More

NYC mayor cites slower economic growth spurred by high office vacancy, cost of migrant crisis and health care, in budget address- QHN

CNN  —  New York City Mayor Eric Adams unveiled the state of the city’s economic outlook as part of a $102.7 billion budget proposal for 2024 on Thursday, highlighting slow … Read More