iab-business banking & finance

The Fed will raise rates again.  But that's playing with fire |  CNN Business

The Fed will raise rates again. But that’s playing with fire | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …

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FTC sues to block Microsoft's $69 billion acquisition of Activision Blizzard |  CNN Business

FTC sues to block Microsoft’s $69 billion acquisition of Activision Blizzard | CNN Business

Washington CNN — On Thursday, the Federal Trade Commission filed a lawsuit to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the biggest tech acquisitions in history. The administrative complaint filed Thursday by the FTC alleges that the blockbuster deal, which would make Microsoft the world’s third-largest video game publisher, would give …

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Mortgage rates fall for the fourth consecutive week |  CNN Business

Mortgage rates fall for the fourth consecutive week | CNN Business

CNN — Mortgage rates fell again this week, falling for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, …

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Is the worst over for bitcoin and the rest of crypto?  |  CNN Business

Is the worst over for bitcoin and the rest of crypto? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN Business — The collapse of FTX has sent the price of bitcoin and other cryptocurrencies plummeting by more than 60% this year…and the carnage has spread to publicly traded companies …

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