Stocks slumped on Tuesday after a government report showed that inflation last month remained stubbornly high, a setback for investors betting that the Federal Reserve could cut its benchmark interest rate as soon as March. The Dow Jones Industrial Average fell more than 700 points in afternoon trade before regaining ground to close down 525 points, or 1.4%, at 38,273. …
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In today’s economic landscape, many people are looking for alternative investment strategies to help safeguard their retirement funds. And, that makes sense. All it takes is a sudden downturn in the stock market or an unexpected economic shift to have a big impact on your retirement savings — and if you aren’t careful, you could end up losing a lot …
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A man has been arrested in connection with the Jan. 25 theft of a Jackie Robinson statue from McAdams Park in Wichita, Kansas, police announced in a news conference on Tuesday. Ricky Alderete, 45, has been charged with felony theft and making false information, police said. Detectives conducted 100 interviews while investigating the theft to find out who –and why– …
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Yong Prince wakes up early every morning to make breakfast for the hundreds of people staying in her packed Denver motel. But this motel is unique — the rooms are free and the guests are all migrants, mainly from Venezuela. The motel is closed to the typical paying customer, but there are still no vacancies. Residents told CBS News there …
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BALTIMORE — Super Bowl LVIII, which aired on CBS Sunday, was the most watched program in television history, CBS Sports says. It based its announcement on initial data from Nielsen Media Research and Adobe Analytics. Final Nielsen numbers were expected Tuesday. The Kansas City Chiefs beat the San Francisco 49ers 25-22 in overtime — only the second Super Bowl ever …
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In an era where swiping right is the norm, some singles are revisiting a time-honored tradition to find love: matchmaking. As reality TV shows like “Indian Matchmaking” gain traction, matchmaking is seeing a resurgence among those who are fed of the digital dating scene and the different dating apps. Blake Newby, a busy young professional, has experienced her fair share …
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Racquelle Perry has always prioritized education — she’s got two master’s degrees and the bills to prove it. Perry owes $307,000 in student loans, she told CBS News, one of the millions who must now contend with the restart of those loan repayments and stubbornly persistent inflation. She said looking at the number she still owes makes her wonder, “How …
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Democratic Rep. Tom Suozzidefeated Republican Nassau County legislator Mazi Pilip in Tuesday’s special election in New York’s 3rd Congressional District to finish the term of former GOP Rep. George Santos, who wasindicted on federal charges and expelled from Congress in December. With 97% of votes counted, Suozzi was winning the race for the 3rd Congressional District seat by a margin …
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In a rundown of the most-watched broadcasts in history, Super Bowl games make up nearly all of the top 30. More people watched the Kansas City Chiefs win their second straight Super Bowl than have watched the big game in any previous year,with Taylor Swift and Usher bringing their fansto help drive record ratings for the 2024 NFL championship. But …
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Washington — Secretary of State Antony Blinken said he spoke with Paul Whelan, an American businessman the U.S. considers to be wrongfully detained in Russia, on Monday. “Yesterday, as it happens, I spoke on the phone with Paul Whelan,” Blinken said Tuesday at an event on hostage diplomacy at the Wilson Center in Washington. “Our intensive efforts to bring Paul …
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