CNN — Gunfire, explosions and overhead fighter jets were heard across Sudan’s capital Khartoum on Tuesday, as gunmen reportedly stormed the homes of people working for the United Nations and other international organizations, amid conflicting reports of an agreed ceasefire in the country. Fighting between the country’s armed forces and the paramilitary Rapid Support Forces […]
Dublin, Ireland CNN — Like so many Americans do each year, President Joe Biden returned to Ireland this week in search of his roots, seeking some connection and some answers in the land his people left so many years ago. He found it in pubs, priests and Parliament, which he said (in the Irish language) […]
Dublin, Ireland CNN — President Joe Biden is spending most of his trip to Ireland this week exploring his family’s roots, from the shoemaker who sailed from Newry in 1849 in search of a better life in America to the brick-seller in Ballina who sold 28,000 bricks to pay for his own family’s passage to […]
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 — Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank […]
Minneapolis CNN — The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank needs to be “cautious” in its actions moving forward, Chicago Fed President Austan Goolsbee said Tuesday. Goolsbee, the newest Fed appointee, spoke before the Economic Club of Chicago and addressed the “new, big, hairy elephant […]
Minneapolis CNN — US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions. “I’ve not really seen evidence at this stage suggesting a contraction in credit, although that is a possibility,” Yellen said at a press conference Tuesday […]
Taipei CNN — China has started three days of military exercises around Taiwan after the island’s president met the US House Speaker in defiance of repeated threats by Beijing. The exercises, dubbed “United Sharp Sword,” have been denounced by Taiwan. China sees Taiwan as its own territory and has not ruled out using force to […]
CNN — China has slapped sanctions on two American organizations that hosted Taiwan’s President Tsai Ing-wen during her recent travel in the United States, which Beijing had fiercely condemned. China’s Ministry of Foreign Affairs announced Friday the Washington-headquartered think tank Hudson Institute and the Ronald Reagan Presidential Library in California would be banned from any […]
New York CNN — Three stocks with ties to former President Donald Trump surged Friday after two sources familiar with the case told CNN that Trump faces 30 counts related to business fraud in an indictment from a Manhattan grand jury. It’s not clear why investors sent shares of those companies soaring Friday, although the […]
New York CNN — A US default would have such devastating economic and financial consequences that many observers dismiss the possibility out of hand. But investors are not ruling out such a nightmare scenario. Even though a default could wipe out millions of jobs and wreak havoc on Wall Street, the White House and Republican […]