This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — After tumbling to a record low against the dollar, the British pound stabilized Tuesday, rising more than 1% to $1.08. But the economic policy that sparked the currency’s historic nosedive […]
New Delhi CNN Business — Indian billionaire Gautam Adani says that China “will feel increasingly isolated” and the “foremost champion of globalization” would find it hard to bounce back from a period of economic weakness. Speaking at a conference in Singapore on Tuesday, Adani said “increasing nationalism, supply chain risk mitigation, and technology restrictions,” as […]
Americans looking to buy or rent a home have had a rough year. Rents are up by double-digit percentages in some cities. Meanwhile, buying a home is the most unaffordable it has been since the mid-1980s. Mortgage rates have surpassed 6% and home prices remain just off the record highs hit in recent months, pricing […]
New York CNN Business — Jeff Bezos just lost his status as the world’s second-richest person, dropping to No. 3 as Indian business mogul Gautam Adani rapidly climbs the ranks of Bloomberg’s Billionaire Index. Elon Musk, still the No. 1 wealthiest person with $260 billion to his name, may need to watch his back. Adani […]
Nashville, TN CNN — Growing up, Richard Casper always knew he wanted to serve others. When he was a junior in high school, the 9/11 terrorist attacks happened, and he realized how he would fulfill that calling. “I had this urge inside of me,” he said. “I joined the Marine Corps infantry. … I wanted […]
Maywood, Illinois CNN — In the spring of 1989, Debra Vines found her 18-month-old son, Jason, staring ahead blankly in his crib, as if he was in another world. Alarmed, she and her husband rushed him to the hospital. After visiting several doctors, they eventually got a diagnosis: autism. Today, the Centers for Disease Control […]
Pacific Grove, CA CNN — Having a dog has been shown to improve the quality of life for senior citizens, increasing their activity and socialization. But what happens as the senior ages and it becomes more challenging to care for their pet? Carie Broecker learned about this issue more than a decade ago while helping […]
Editor’s Note: Know someone who inspires you? Click here to nominate them as a CNN Hero. Carrboro, North Carolina CNN — There’s a flurry of construction activity outside Luvinia Williams’ one-story home in Chapel Hill, North Carolina. Some workers measure and saw lumber while others drill it into place, building a ramp to the front […]