Middletown, New York CNN — Students and first responders alike are traumatized by the catastrophic bus crash that claimed the lives of two longtime teachers after the bus veered off an interstate and tumbled down a ravine. “The scene was horrendous,” said New York State Police Trooper Jason Lewis, one of the first responders to …
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 — The head of the United Auto Workers union is publicly denouncing former President Donald Trump ahead of his visit next week to Detroit as part of a plea to current and former union members. “Every fiber of our union is being poured into fighting the billionaire class and an economy that …
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 …
London CNN — Volkswagen has announced the termination of its association with suspended Audi CEO Rupert Stadler, who has been in detention since June due to his involvement in an emissions investigation that is still ongoing. In a statement released on Tuesday, the carmaker confirmed that Stadler has stepped down from his position as the …