The deal on a massive appropriations bill reached between Congress and the White House will include a ban on all direct U.S. funding for the main humanitarian agency operating in Gaza, the United Nations Relief and Works Agency for Palestine Refugees, until March 2025, three sources with knowledge of the negotiations confirmed to CBS News. The White House did not …
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The pandemic launched the U.S. into a period of economic uncertainty and market volatility. Rock-bottom interest rates were followed by runaway inflation and a cycle of 11 consecutive Fed rate hikes. While an unnerving environment, it proved to be beneficial for precious metal investors. “In 2020, gold rose 21% between the time COVID was announced on February 11 and the …
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Washington — Karen Lynch, CEO of pharmacy giant CVS Health, spoke this week about the decision to carry the pill for the first time in an interview with CBS News. Earlier this month, CVS and Walgreens announced they will dispense the abortion pill mifepristone in states where it is legally allowed. The move comes as Americans face an increasingly complicated …
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When mortgage rates dropped to 3% or lower during the pandemic, buyers flocked to the market to secure cheap rates on homes. And, while the majority of these buyers were purchasing a primary home, some buyers opted to capitalize on the inexpensive borrowing landscape by purchasing a second home, whether the goal was to start a short-term rental business or …
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(CBS DETROIT) – Authorities say the brother of U.S. Rep. Dan Kildee was killed in a shooting early Tuesday morning in Genesee County, Michigan. The victim’s son has been charged in connection with his death. In a press conference, Genesee County Sheriff Chris Swanson said Timothy E. Kildee, 57, was reportedly shot at his home in Vienna Township following an …
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Unilever’s ownership of quirky ice cream maker Ben & Jerry’s is coming to the end of its sometimes rocky road. The British consumer products companysaidTuesday it plans to spin off the brand as well as its other ice cream businesses. In its announcement, Unilever said the decision is based on its board’s view that the company should focus on “superior …
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Unhappy news for Americans: The United States is no longer among the 20 happiest countries in the world, according to new data from Gallup and its partners. In the newly released2024 World Happiness Report, the U.S. dropped out of the top 20 on the list for the first time in the report’s 12-year history. The U.S. now ranks at No. …
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More than six in 10 of the abortions in the U.S. last year were done through medication, up from 53% in 2020, new research shows. The Guttmacher Institute, a research group that supports abortion rights, said about 642,700 medication abortions took place in the first full calendar year after the U.S. Supreme Court overturned Roe v. Wade. Medication abortion accounted …
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Update: The Fed left its benchmark interest rate unchanged. Americans are bearing the financial burden of higher costs for every type of loan, from mortgages to credit cards, after two years of interest rate hikes by the Federal Reserve. With the central bank meeting today, economists and consumers alike have one question on their minds: When will the central bank …
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Trump-endorsed businessman Bernie Moreno will win Ohio’s Republican Senate primary, CBS News projects, setting up a November showdown with incumbent Democratic Sen. Sherrod Brown. Moreno on Tuesday was projected to defeat Ohio Secretary of State Frank LaRose and state Sen. Matt Dolan. The contentious primary had become a divisive proxy race between Trump loyalists and the state’s more traditional conservatives. …
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