New York CNN — Americans celebrate Indigenous Peoples’ Day and Columbus Day on the second Monday of October each year. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day in 2021 by signing …
CNN — Former President Donald Trump arrived in a New York courtroom Monday for the start of the civil fraud trial against him, his eldest sons, their companies and Trump Organization executives. Opening statements in the civil trial over inflated assets in fraudulent financial statements come less than a week after a shocking ruling by …
Washington, DC CNN — The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high, while signaling fewer rate cuts next year. The move was widely expected, after the central bank signaled in recent weeks that it intended to wait for more data to understand how …
New York CNN — Kraft Heinz is recalling about 83,000 cases of its individually wrapped Kraft Singles American cheese because they might pose a choking hazard. The company said in a statement that a “temporary issue” with one of its wrapping machines means a “thin strip of the individual film may remain on the slice …
CNN — Founder of the disastrous 2017 Fyre Festival Billy McFarland appears ready for round two. McFarland, who served time in federal prison for crimes related to his involvement in the 2017 fest that fell apart in grand fashion, announced on his Instagram page on Sunday that tickets for “Fyre Festival 2” are now on …
London CNN — The price of bitcoin has dropped nearly 9% since early Thursday as part of a broader sell-off of risky assets. A report that Elon Musk’s Space X had dumped the cryptocurrency stoked investors’ fears. According to CoinGlass, a cryptocurrency trading platform, $1 billion has been drained from cryptocurrencies over the past 24 …
New York CNN — Evergrande’s US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China’s spectacular growth over the past 30 years. For decades, Evergrande, once one of China’s most successful real estate developers, gobbled up debt as China’s economy exploded. Demand for housing was so strong, homebuilders often pre-sold apartment …