With inflation on the rise, reaching its peak in three years, savers find an unexpected silver lining. Elevated interest rates remain steady, offering savers an opportunity to benefit. Although traditional savings accounts offer an average rate of 0.38%, alternative strategies like certificates of deposit (CDs) present a more advantageous choice. Currently, CD interest rates exceed […]
Kevin Warsh was officially sworn in as the chairman of the Federal Reserve, succeeding Jerome Powell. The oath-taking ceremony took place at the White House, where Warsh expressed his commitment to guiding the central bank with a focus on promoting price stability and maximizing employment. He emphasized the importance of using wisdom and clarity to […]
In Red Wing, Minnesota, efforts to teach kindness alongside traditional subjects like reading and math are gaining momentum. The U.S. spends vast sums on education annually, but kindness often doesn’t make the curriculum. In some schools, however, kindness is being prioritized. Kindness 101 is a program that leverages stories from CBS News’s “On the Road” […]
A tragic incident unfolded at a New York City shipyard on Friday when a fire and two explosions resulted in one fatality and multiple injuries. Most of the 36 injured individuals were firefighters and other first responders, with one civilian losing their life at the scene. During a news conference, Mayor Zohran Mamdani described the […]
Stephen Colbert, a day after his final appearance on CBS’s ‘The Late Show,’ made an unexpected return to television by hosting ‘Only in Monroe,’ a community access show in southeast Michigan. The show, broadcast near Lake Erie, brought a blend of humor and Michigan-centric content. Joining Colbert was Michigan native Jack White, who took on […]
SpaceX launched its most formidable Starship on a test flight Friday, marking a significant step in NASA’s plans to land astronauts on the moon. The updated rocket, introduced just days after CEO Elon Musk shared news of SpaceX going public, departed from Texas. It carried 20 mock Starlink satellites, released mid-flight, as the spacecraft traveled […]
In Lincoln, Nebraska, a woman discovered a glitch at a gas station that led to free fuel. Authorities stated that she’s facing felony theft charges for exploiting a rewards card system. The 45-year-old allegedly manipulated the system, costing the gas station nearly $28,000. Investigation revealed she used the scheme for several months. The issue came […]
The U.S. Food and Drug Administration’s recent changes to vaping regulations have stirred complications. Senior officials at the FDA’s tobacco center were caught off guard by a new decision that could allow more unauthorized electronic cigarettes and nicotine pouches onto the U.S. market. These guidelines were released shortly before the resignation of former FDA Commissioner […]
Calvin Owens, a five-year-old patient at Cincinnati Children’s Hospital, enjoyed a long-awaited outdoor visit despite being connected to medical equipment. He played with Hadley, one of the hospital’s facility dogs, a golden retriever-Labrador mix, on the hospital patio. Such moments are cherished, both by Calvin and his caregivers. Hadley’s handler, Schellie Scott, praised Calvin’s progress […]
Boon-dee-BOO-joh. This name, associated with a unique type of Ebola virus, originates from Bundibugyo, a mountainous district in western Uganda. Despite its picturesque landscape, finding it on a map can be challenging, even for locals. The district is home to around 200,000 residents, many of whom are cocoa farmers navigating the steep terrain bordering Congo. […]