5 signs the world is headed for a recession

New York CNN Business  —  Around the world, markets are flashing warning signs that the global economy is teetering on a cliff’s edge. The question of a recession is no longer if, but when. Over the past week, the pulse of those flashing red lights quickened as markets grappled with the reality — once speculative, … Read more

Credit card interest rates climbing. Here’s how to tackle your debt

Editor’s Note: A version of this story was originally published on January 31, 2022. Interest rates are climbing this year on all kinds of consumer debt, and that’s bad news for those who carry a credit card balance. The Federal Reserve has been pushing interest rates higher in an ongoing campaign to battle inflation, announcing … Read more

Dramatic images show spacecraft collision with an asteroid

A version of this story appeared in CNN’s Wonder Theory science newsletter. To get it in your inbox, sign up for free here. CNN  —  The DART mission made history this week when it successfully slammed into an asteroid – and we got to see it happen live, from millions of miles away. As the … Read more

Inflation relief checks: Why some economists warn they could fuel rising prices

Washington CNN  —  Several states are sending taxpayers money to help them cope with inflation, but some economists warn that the payments will do little to alleviate the pain of rising costs and could further fuel inflation. In California, for example, about 23 million qualifying taxpayers are expected to receive up to $1,500, with smaller … Read more

NASA, SpaceX to study boosting Hubble telescope to higher orbit

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  Officials at NASA have signed a Space Act Agreement with SpaceX to investigate the benefits and risks of having a private mission provide service to NASA’s nearly 33-year-old Hubble Space Telescope, boosting it … Read more

Mortgage rates surge, closing in on 7%

Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before, according to Freddie Mac. That’s the highest level since July 2007. Mortgage rates have more than doubled since the start of this year … Read more

Spiral galaxy captured in ‘unprecedented detail’ by Webb telescope

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  A dazzling spiral galaxy located 29 million light-years from Earth appears in “unprecedented detail” in a new image released by NASA’s James Webb Space Telescope. The “bones” of the galaxy, typically obscured from … Read more

Artemis I rocket rolled back inside as Hurricane Ian treks toward Florida

Editor’s Note: Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  NASA has rolled the massive Artemis I mega moon rocket back into its hangar, called the Vehicle Assembly Building, at Kennedy Space Center in Florida to protect it from Hurricane Ian. … Read more

Moment of DART asteroid impact captured by Italian satellite

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  History was made Monday night when NASA’s Double Asteroid Redirection Test spacecraft successfully slammed into the asteroid Dimorphos. DART’s camera shared dramatic images of the asteroid’s surface before it crashed. Now, new images … Read more

Consumers are growing more optimistic about the US economy

CNN  —  Consumer confidence rose for a second straight month in September, as moderating gas prices and the hope that inflationary pressures might be easing helped lift the nation’s collective mood. The Conference Board reported on Tuesday that its baseline index rose to 108 from a revised 103.6 in August, the highest it has been … Read more