New Yorks handling of COVID nursing home deaths at center of Congressional hearing. Read former Gov. Andrew Cuomos full opening statement.

NEW YORK — Former New York Gov. Andrew Cuomo’s handling ofCOVIDin nursing homes was under scrutiny Tuesday in Washington, D.C. Republican lawmakers on the House Select Subcommittee on the Coronavirus Pandemic specifically asked him about the state’s nursing home guidance in the early days of the pandemic. On March 25, 2020, New York mandated that nursing homes must admit patients …

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ICE arrests 8 with suspected ISIS ties

Washington— Federal investigators arrested eight foreign nationals located in the U.S. with alleged ties to the terrorist groupISISin recent days, multiple officials with knowledge of the operation confirmed to CBS News on Tuesday. U.S. Immigration and Customs Enforcement (ICE) apprehended the Tajikistani nationals in Los Angeles, New York and Philadelphia, and they are currently facing immigration charges, the officials said. …

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Juror on Hunter Biden trial says politics was not a factor in this case

The jury of six men and six women that convicted Hunter Biden on three felony gun charges Tuesday wanted to review the evidence and didn’t want to “rush judgment,” said one anonymous juror in an interview with CBS News. The juror also said politics didn’t factor into their decision. “We never talked about the president throughout the deliberation,” said anonymous …

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Biden administration to bar medical debt from credit reports

Medical debt will be stricken from credit reports in a change proposed by the White House that could help millions of Americans land a job, rent a home or obtain a car loan. Vice President Kamala Harris and Rohit Chopra, director of the Consumer Financial Protection Bureau, formally announced the proposal to take unpaid medical bills off the table in …

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Johnson & Johnson reaches $700 million settlement in talc baby powder case

Johnson & Johnson has agreed to pay $700 million in a nationwide settlement resolving allegations that it misled customers about the safety of its talcum-based powder products in its marketing. “Consumers rely on accurate information when making decisions about which products to purchase for their families,” Illinois Attorney General Kwame Raoul, one of 43 attorneys general involved in the lawsuit,saidin …

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Raytheon discriminates against older job applicants, AARP alleges

Raytheon has for years systematically discriminated against older workers by phrasing job listings in a way that effectively rules out people over 40 as candidates or discourages them from applying for open positions at the defense contractor, a new proposed class-action lawsuit alleges. In a suit filed on Tuesday, the AARP Foundation alleges that Raytheon has violated federal and state …

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The Federal Reserve is about to make another interest rate decision. What are the odds of a cut?

With the Federal Reserve set to release its latest policy statement on Wednesday, inflation-weary consumers are eager to learn when the central bank might startcutting its benchmark interest rate, providing some relief from high borrowing costs. Unfortunately for consumers, the Fed is widely expected to keep rates steady amid stubbornly high inflation, which remains more than a percentage point above …

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Gas prices are falling along with demand, despite arrival of summer

Gas prices are falling across the nation, a pleasant surprise for U.S. drivers as fuel prices typically surge this time of year. The average price for regular unleaded gas in the U.S. was $3.44 per gallon on Monday, down roughly 9 cents from a week ago, according to AAA. That’s 19 cents less than a month ago and 14 cents …

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National Amusements ends Paramount merger talks with Skydance Media

Merger discussions between National Amusements, which controls Paramount Global, and Skydance Media have ended without a deal. The two companies “have not been able to reach mutually acceptable terms regarding the potential transaction with Skydance Media for the acquisition of a controlling stake in NAI,” National Amusements said in a statement to CBS News. The announcement ends months of speculation …

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How much interest would a $10,000 CD earn in 3 years?

Interest rates are high at the moment. And, that may be good news for savers. That is, as long as those savers make wise moves with their savings. One such move is to open a $10,000 three-year certificate of deposit (CD). That’s because CDs offer fixed returns for the entire term of the account. And, with today’s interest rates being …

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3 big reasons to get pet insurance this June

June and the warmer summer months come with the prospect of fun outdoors and a return to steady exercise for some pets. For pet owners, however, this June may also mark a smart time to improve their budgets with a robust and cost-effective pet insurance plan. With policies averaging less than $100 per month (often cheaper if paid annually), owners …

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Is long-term care insurance worth buying in your 40s? Experts weigh in

As you age, it’s normal to start thinking about retirement and the joys and challenges that come with it. If you’re in your 40s, it may be some time before you retire. But, planning for that time now can have its benefits. However, that involves more than simply deciding how much money you’ll save to maintain your current quality of …

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