Gov. Gavin Newsom is running for reelection in California, but his latest television ad is airing in Florida. The 30-second spot scheduled to air on Fox News starting Monday takes shots at Florida Gov. Ron DeSantis and his policies, while drawing a contrast with California. “Freedom, it’s under attack in …
Read More »Why unemployment will likely rise whether or not there’s a recession
Signs are mounting that the hottest job market in a generation is starting to cool off. With the crypto bubble popping, technology companies pulling back on hiring and consumers increasingly skittish about spending, economists believe that the historically low unemployment rate is likely to go up — recession or no …
Read More »Widow of truck driver killed in Amtrak collision files wrongful death lawsuit over “ultra
The widow of a man killed when the truck he was driving was hit by an Amtrak train this week has filed a wrongful death lawsuit. In the suit, Erin Barton alleges that the Missouri railroad crossing where Billy Dean Barton II died was “ultra-hazardous,” due in part to the …
Read More »“Stop the Steal” organizer Ali Alexander testifies before grand jury in Jan. 6 probe
Washington — Right-wing activist and “Stop the Steal” organizer Ali Alexander testified before a Washington, D.C., grand jury on Friday about his involvement in rallies supporting former President Donald Trump ahead of the Jan. 6 Capitol attack, according to his lawyer and a statement obtained by CBS News. His testimony …
Read More »Lawsuit claims 2 boys were unlawfully placed with foster parents before they were killed
The biological mother of two small California boys who died while in the state foster care system has filed a federal lawsuit alleging her sons were unlawfully taken from her and placed with foster parents who are now charged with killing them. Four-year-old Classic Pettus and 3-year-old Cinsere Pettus were …
Read More »IRS reaches milestone in reducing backlog, but new report shows major hurdles remain
The Internal Revenue Service announced on Tuesday it will have completed processing all original individual tax returns received in 2021 by the end of the week. The update marks a major milestone for the agency, which has been hampered by a massive backlog since the coronavirus pandemic began more than …
Read More »Why are airlines canceling so many flights?
Airlines cancelled nearly 1,200 U.S. flights on Sunday and Monday, leaving passengers stranded and luggage piled up at airports across the the country. Thousands more trips were scrapped across the globe as the summer travel season kicks off. Now for the bad news: Airline analysts say delays and cancellations are …
Read More »Sherri Herrera murder: DNA links Douglas Thomas to 1993 killing of California mother of four
A retired truck driver from Texas has been charged with killing a woman whose body was found along a freeway onramp in a Southern California desert nearly 30 years ago, prosecutors said. Cold-case investigators used advances in DNA technology to link Douglas Thomas to the 1993 killing of Sherri Herrera, …
Read More »Stocks plunge as inflation soars at fastest pace in 4 decades
Stocks dived on Friday after new government data showed that inflation in May jumped 8.6% from a year ago, the steepest increase in consumer prices since 1981. The S&P 500 dropped 117 points, or 2.9%, to 3,901. The Dow Jones industrial Average dropped 2.7%, and the tech-heavy Nasdaq sank 3.5%. …
Read More »Transcript: Betsey Stevenson on “Face the Nation,” June 5, 2022
The following is a transcript of an interview with economist Betsey Stevenson, a professor at the University of Michigan, that aired Sunday, June 5, 2022, on “Face the Nation.” MARGARET BRENNAN: We’re joined now by University of Michigan Professor Betsey Stevenson. She previously served as Department of Labor’s chief economist …
Read More »