Kabul, Afghanistan: At least 23 dead after suicide bomb blast at Kaaj educational center

Kabul, Afghanistan CNN  —  A suicide bomb attack on an education center in Kabul has killed at least 23 people, most of whom are believed to be young women, in the latest sign of the deteriorating security situation in the Afghan capital. The explosion took place on Friday at the Kaaj education center, in a … Read more

Biden hosts first ever US-Pacific Island Country Summit in Washington

CNN  —  President Joe Biden is hosting the first ever US-Pacific Island Country Summit this week, a multi-day event in Washington focused on cooperation with the United States’ countries in the Pacific region. Biden’s effort to strengthen ties with the nations by having the summit comes amid the US’ increased focus on countering China’s global … Read more

Trump won’t have to back up claims about FBI planting evidence in court after judge rejects part of special master’s plan

CNN  —  US District Judge Aileen Cannon, who granted Donald Trump’s request for a third-party review of the Mar-a-Lago search, rejected part of the special master’s plan that would have forced the former President’s legal team to back up his out-of-court claims that the FBI planted evidence. The special master, US District Judge Raymond Dearie, … Read more

Kamala Harris visits DMZ amid tension over North Korean missile launch

CNN  —  US Vice President Kamala Harris visited the Demilitarized Zone that divides North and South Korea on Thursday, the last stop on her four-day trip to Asia. Harris condemned North Korea’s Kim Jong Un while standing on the heavily reinforced region, one day after Pyongyang fired two ballistic missiles into the waters off its … Read more

Student loan forgiveness: Biden administration kicks off student loan debt forgiveness process

CNN  —  The Biden administration on Thursday is kicking off its efforts toward forgiving student loan debt, sending updates on the process via email before the window to apply opens next month. In August, President Joe Biden announced his decision to cancel up to $10,000 in student loan debt for individuals making less than $125,000 … Read more

Latest jobless claims fall to 193,000, underscoring still-tight labor market

Minneapolis CNN Business  —  The number of first-time claims for unemployment benefits dropped considerably last week, underscoring how employers are holding on tightly to workers as the labor market remains full of opportunities for job hunters. Initial claims for unemployment insurance were 193,000 for the week ended September 24, down 16,000 from a downwardly revised … Read more

The UK is gripped by an economic crisis of its own making

London CNN Business  —  A week ago, the Bank of England took a stab in the dark. It raised interest rates by a relatively modest half a percentage point to tackle inflation. It couldn’t know the scale of the storm that was about to break. Less than 24 hours later, the government of new UK … Read more

China’s yuan hovers near record lows against the dollar despite central bank warning

Hong Kong CNN Business  —  China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies around the world continue to tumble after the Federal Reserve’s aggressive hikes. The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. … Read more

Jackie Walorski: Biden asks if deceased congresswoman is present at White House food insecurity conference

CNN  —  President Joe Biden on Wednesday asked if a congresswoman who died last month was present at a White House food insecurity conference. At the event, the White House’s first hunger conference since 1969, Biden took a moment during his remarks to credit a list of bipartisan elected officials. All of the officials he … Read more

Markets in a tailspin get a big dose of chill from the Bank of England

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  All the drama out of the UK government is keeping me from catching up on the only UK drama I really want to consume, which is Love Island, season 8, … Read more