Tag Archives: breaking news

What is a CD rollover?

If you’re saving money for a specific purpose or have savings beyond what you need for emergencies, a certificate of deposit (CD) is a compelling option to consider. After all, it’s important that your money earns a return that’s higher than the current inflation rate — and many oftoday’s CDs do that thanks to the currenthigh interest rate environment. When …

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Who might replace Mitch McConnell? An early look at the race for the next Senate GOP leader

Washington — Senate Minority Leader Mitch McConnell announced on Wednesday that he will step down from leadership after November’s elections, teeing up a race for the top Republican post in the Senate that has been years in the making. McConnell’s retirement from leadership marks the end of the longest-serving leadership term in Senate history, after 17 years at the party’s …

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Food packaging containing toxic forever chemicals no longer sold in U.S., FDA says

Fast-food wrappers and packaging that contain so-called forever chemicals are no longer being sold in the U.S., the Food and Drug Administration announced Wednesday. It’s the result of a voluntary effort with U.S. food manufacturers to phase out food contact packaging made with PFAS, the acronym for perfluoroalkyl and polyfluoroalkyl substances, which do not degrade and can harm human health. …

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Lunar lander Odysseus, still generating power on the moon, will be put to sleep soon

Odysseus, which touched down on the moon last week, has about three hours left before Intuitive Machines puts it “to sleep” in hopes that the lunar lander can be woken back up in a few weeks, company officials said Wednesday. On Tuesday morning, the company said Odysseus – nicknamed Odie — had about 10-20 hours left, but the lunar lander …

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3 things to do when your CD matures

While inflation and elevated interest rates have hurt the wallets of millions of American borrowers, there has been a silver lining: high returns on savings accounts. In today’s inflationary climate, it’s not difficult to find a high-yield savings account with an interest rate of 4.5% or higher— or a certificate of deposit (CD) with a rate over 5%. Select savers …

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Democrat Tom Suozzi sworn back into Congress after winning special election for NY-3

WASHINGTON —DemocratTom Suozziwas sworn in as a congressman again Wednesday, representing Long Island and Queens’ 3rd congressional district. Suozzi brought his own local cheering section to Congress. About 100 people from Long Island were shouting his name as he called for a new era of harmony and working across the aisle. It was the second time Suozzi took the Oath …

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Returning to Ukraines front line, CBS News finds towns falling to Russia, and troops begging for help

Chasiv Yar, eastern Ukraine — Ukraine’s ammunition starved troops pulled back from two more villages in the country’s war-torn east this week, ceding them to Russian forces who’ve capitalized on their enemies’ shortages to seize more territory after taking the hard-fought city of Avdiivka about two weeks ago. After punishing battles that decimated Bakhmut and then Avdiivka — cities that …

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6 tips for getting a home equity loan after bankruptcy

Filing for bankruptcy can be a challenging and overwhelming period in your financial journey. But while the bankruptcy process can be tough, and can result in serious financial hurdles, it’s also a relatively common option to choose. For example, annual bankruptcy filings totaled 452,990 in 2023, according to a report from the Administrative Office of the U.S. Courts — an …

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American womens cycling team suspended after dressing mechanic as a rider to avoid race disqualification

A private U.S. women’s cycling team has been disciplined for attempting to pass off a mechanic as a certified racer in a July 2023 event in Belgium. Cynisca Cycling was set to compete in Belgium’s Argenta Classic on July 9, 2023, the team said in a statement to CBS News, but due to an illness, they did not have the …

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Cannabis use associated with higher risk of heart attack and stroke, study finds

Cannabis use — whether smoked, eaten or vaporized — is associated with a higher number of adverse cardiovascular outcomes, according to a new study. Published Wednesday in the Journal of the American Heart Association,the research found that risk ofcoronary heart disease, heart attack and stroke increased with any kind of cannabis use, with heavier use associated with higher odds of …

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