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Month: October 2022

US bank earnings revealed ominous clues about the future of the housing market

By Nicole Goodkind, CNN Business The largest US banks reported relatively solid third-quarter earnings on Friday. But within those reports, investors found ominous clues about the future of the housing market, underscoring fears of an upcoming crisis. What’s happening: JPMorgan reported that third-quarter home lending revenue plunged 34% from a year ago, and Wells Fargo

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‘Kamikaze’ drones are the latest threat for Ukraine. Here’s what we know

By Ivana Kottasová, CNN Russia has launched a series of “kamikaze” drone attacks across Ukraine in recent weeks, striking civilian infrastructure and sowing terror in Ukrainian cities far from the frontlines of the war. The Ukrainian government says Kyiv, Vinnytsia, Odesa, Zaporizhzhia and other cities have suffered a barrage of drone attacks, and pleaded with

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