Mortgage rates tick down ahead of Fed meeting next week

Washington, DC CNN — Mortgage rates fell slightly this week, staying almost flat ahead of the Federal Reserve’s closely watched interest rate-setting meeting next week. The 30-year fixed-rate mortgage averaged 6.13% in the week ending January 26, down from 6.15% the week before, according to data from Freddie Mac released Thursday. A year ago, the … Read more

The Justice Department was prepared to seek a warrant had Biden not consented to a home search, sources say

CNN — The FBI’s unprecedented search of President Joe Biden’s home in Wilmington, Delaware, resulted from high-stakes discussions between the Justice Department and Biden attorneys over when and how it would take place, sources familiar with the matter tell CNN. Biden’s team stresses that it was cooperative in the lead-up to Friday’s search and even … Read more

Updated Covid-19 boosters continue to offer substantial protection even against the rapidly spreading XBB.1.5 subvariant

CNN — The updated Covid-19 boosters are cutting the risk that a person will get sick from the coronavirus by about half, even against infections caused by the rapidly spreading XBB.1.5 subvariant. New studies, conducted by researchers at the US Centers for Disease Control and Prevention, are among the first looks at how the bivalent … Read more

DOJ sues Google over its dominance in the online advertising market

CNN — The Justice Department and eight states sued Google on Tuesday, accusing the company of harming competition with its dominance in the online advertising market and calling for it to be broken up. The move marks the Biden administration’s first blockbuster antitrust case against a Big Tech company. The eight states joining the suit … Read more

Pandemic unemployment benefits fraud likely tops $60 billing. House GOP to start investigating next week

CNN — More than $60 billion may have been paid out in fraudulent unemployment insurance benefits during the Covid-19 pandemic, according to a report released Monday by the US Government Accountability Office. The watchdog agency, however, warned that the estimate has limitations and should be interpreted with caution. The actual amount of pandemic unemployment benefits … Read more

Flu, Covid-19 and RSV are all trending down for the first time in months

CNN — A rough respiratory virus season in the US appears to be easing, as three major respiratory viruses that have battered the country for the past few months are finally all trending down at the same time. A new dataset from the US Centers for Disease Control and Prevention shows that the number of … Read more

Premarket stocks: The world has a major debt problem. Is a reset coming?

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 — The world is in debt. A record amount of debt. Three hundred trillion … Read more

Locally caught fish are full of dangerous chemicals called PFAS

Editor’s Note: Sign up for CNN’s Life, But Greener newsletter. Our limited newsletter series guides you on how to minimize your personal role in the climate crisis — and reduce your eco-anxiety. CNN — Fish caught in the fresh waters of the nation’s streams and rivers and the Great Lakes contain dangerously high levels of … Read more

Premarket stocks: The world has a major debt problem. Is a reset coming?

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 — The world is in debt. A record amount of debt. Three hundred trillion … Read more

Opinion: Don’t be fooled, a recession really is coming

Editor’s Note: Lakshman Achuthan and Anirvan Banerji are co-founders of the Economic Cycle Research Institute (ECRI), which determines recession dates for 22 economies around the world. The views expressed in this commentary are their own. View more opinion on CNN. CNN — Recession concerns in the US are widespread these days. Yet, some economists argues … Read more