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The escalating conflict in the Middle East could continue to impact oil prices that have already spiked since Hamas’ Oct. 7 attacks in Israel. CBS News business analyst Jill Schlesinger looks at the state of the global economy.
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California Governor Gavin Newsom's office has downplayed recent riots in Los Angeles, comparing them to celebratory unrest in Philadelphia after sports victories. This response comes amid criticisms from California Republicans, who blame Newsom and Mayor Karen Bass for the chaos, citing their support for illegal immigrants during federal immigration raids that prompted violence against law enforcement. Federal officials have also criticized Democratic leaders for their rhetoric, asserting that it has contributed to the unrest and...
Read moreOn Friday, federal immigration authorities executed raids at three locations in Los Angeles, leading to the arrest of approximately 44 individuals, including SEIU California President David Huerta, who was charged with obstruction. The raids, which prompted protests and criticisms from local lawmakers, including Governor Gavin Newsom, were described as chaotic and instilled fear in the community. Los Angeles law enforcement distanced themselves from the actions, emphasizing they were not involved in the federal operations, which...
Read morePolitical analyst Charles M. Blow reflects on Juneteenth as a federal holiday, highlighting a shift in societal attitudes towards racial justice and Black history. After initially gaining support following George Floyd's death, corporate sponsors have become hesitant to back Juneteenth events, leading to cancellations in several cities and a broader cultural backlash against diversity initiatives. This chilling atmosphere exemplifies what Blow terms "The Great Blackout," as symbols of Black history face erasure amidst ongoing culture...
Read moreSummaryThe federal case against Sean “Diddy” Combs features testimony from three women who describe him as a charismatic yet abusive figure, highlighting a duality in his personality as both a supportive boss and a predatory partner. They recounted experiences of manipulation, sexual abuse, and emotional distress, illustrating the severe impact of their relationships with him while acknowledging the opportunities he provided. Combs faces serious charges, including racketeering and sex trafficking, and has pleaded not guilty,...
Read moreIn 2013, musician Jack Conte created the successful music video "Pedals," but felt undervalued after earning only $166 from YouTube, leading him to launch Patreon.com to help creators earn money directly from fans. This platform allows creators like artist Caro Arévalo, who earns about $700 monthly from patrons, and podcasters Patrick Hinds and Gillian Pensavalle, who transformed their podcast "True Crime Obsessed" into a full-time job, to connect and receive funding from supporters. Twelve years...
Read moreCarla Hayden, the first woman and first Black person to serve as Librarian of Congress, was abruptly terminated via an email from President Donald Trump on May 8, marking the end of her ten-year tenure. Despite her claims of no prior issues with the Trump administration, her dismissal has been viewed as part of a larger trend of targeting leaders in cultural institutions. Supporters gathered to defend the values of free access to information, while...
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