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Sri Lanka crisis: How do you fix a broken country?

By Heather Chen, CNN For years it had been one of Sri Lanka’s grandest and most heavily guarded buildings, serving as the official residence and state office of the President. But all that changed on July 9, when protesters stormed in and took control, demanding the resignation of President Gotabaya Rajapaksa before turning the palace

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Biden averts freight railroad strike – for now

By Chris Isidore and Betsy Klein, CNN Business Worried about supply chain problems that are already causing problems for the nation’s economy, President Joe Biden took action Friday to prevent 115,000 US railroad workers from going on strike as planned early Monday morning, A strike would have brought nearly 30% of the nation’s freight to

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The fall of the prominent Murdaugh family: A timeline of deaths, alleged embezzlement and an insurance scam

By Amir Vera and Eric Levenson, CNN For 87 years, the Murdaugh family name came to represent a legal dynasty in coastal South Carolina, where three successive generations controlled the local prosecutor’s office. But now, the family has been closely connected to a bloody tragedy, allegations of embezzlement and a bizarre murder-for-hire plot to score

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China extends property loans at the fastest pace in three years as mortgage crisis spreads

By Laura He, CNN Business China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers’ demand, as a growing mortgage boycott by homebuyers exacerbates the country’s real estate woes. The China Banking and Insurance Regulatory Commission (CBIRC) reiterated Thursday that it will provide “active credit support” for

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