Why the Syrian drone strikes and US retaliation may yet be a big deal

CNN —The US has conducted an airstrike in Syria against what it said were Iranian-affiliated facilities after a suspected Iranian drone struck a facility housing US personnel in the country, killing an American contractor and wounding five US service member...

What the banking crisis means for mortgage rates

Washington CNN —Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move down through the rest of this year as the banking crisis drags on, which could cool down inflat...

Deutsche Bank, UBS stocks sink as European banking crisis fear returns

London CNN —Europe’s banking stocks tumbled Friday in a sign that investors are still nervous that the recent crises at some banks could spill over into the wider sector. Europe’s Stoxx Europe 600 Banks index, which tracks 42 big EU and UK banks, fell 5% by...

Americans are going all-in on cash. That could spell more trouble

New York CNN —In the wake of Silicon Valley Bank’s collapse and subsequent banking meltdown, cash is king. The turmoil inflicted on financial markets has sent cautious investors running away from volatile markets and toward more liquid alternatives. Money m...

Huge French pension reform protests give way to fiery overnight clashes

Paris CNN —More than a million people took to the streets across France on Thursday with protests turning violent in some areas as demonstrators voiced their fury at proposed pension reforms. Clashes between groups of protesters and police broke out after w...

Interpol confirms arrest of crypto fugitive Do Kwon in Montenegro

Seoul/Atlanta CNN —Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a collapsed crypto company who is wanted in South Korea and the United States on fraud and other charges. Kwon, a South Korean n...

Trudeau lays out China approach ahead of Biden meeting

Speaking with CNN’s Paula Newton, Trudeau said that in areas like climate change, Canada aims to “engage constructively” with Beijing, while still challenging its approach in areas such as human rights and security. “We’re going to have to continue to be wi...

The hotel shaped like two gigantic swords

This new addition to the Doha skyline is called Katara Towers and is divided between two hotel brands, the Fairmont and the Raffles. Set alongside the aquamarine waters of the Persian Gulf, these fraternal twin hotels are each luxurious in their own ways. T...

Five big takeaways from the Fed's extraordinary meeting

New York CNN —The Federal Reserve raised interest rates by a quarter percentage point on Wednesday as it attempts to fight stubbornly high inflation while addressing risks to financial stability. So what did we learn from the policy decision, economic proje...

Global markets mixed after US Fed raises rates by a quarter-point

European markets opened lower, with the region’s benchmark Stoxx Europe 600 index falling 0.9% in late-morning trading. Germany’s DAX (DAX) dropped 0.8%, while France’s CAC 40 (CAC40) fell 0.7%. Europe’s Stoxx Europe 600 Banks index, which tracks 42 big EU...

Swiss central bank says crisis halted as it hikes interest rates

London CNN —Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates for the fourth time in a bid to contain inflation. Together with the Swiss government and financial market regulator FINMA, the Swi...

The story behind this striking new look from F1 driver Lewis Hamilton

Written by Leah Dolan, CNNFeaturing the good, the bad and the ugly, 'Look of the Week ' is a regular series dedicated to unpacking the most talked about outfit of the last seven days. Lewis Hamilton is putting a new spin on the term "fast fashion." In recen...