This week on “Sunday Morning” (August 3): The Money Issue

A significant rainfall of 1 to 4 inches along the I-95 corridor prompted flash flood warnings, with Burlington County, NJ, receiving nearly 6 inches. As flooding risks shift to the Carolinas and Dallas-Fort Worth, wildfire smoke from over 650 Canadian fires is impacting air quality in the Midwest, with extreme heat advisories in effect across six states from Louisiana to South Carolina. Want More Context? 🔎

Sean "Diddy" Combs' Sentencing UpdateProsecutors now anticipate a prison sentence for Sean "Diddy" Combs, potentially exceeding the previously expected four-to-five years, following his conviction on prostitution-related charges. While Combs' lawyers argue for a shorter sentence of 21-to-27 months, prosecutors assert that he poses a danger to the community and should remain in jail pending sentencing on October 3. Want More Context? 🔎

Torrential rain impacted the Northeast on Thursday, stranding passengers on a Long Island Rail Road train and causing widespread flash flooding in New York City, New Jersey, and parts of Maryland, where one person died. Emergency declarations were made as officials worked to manage the storm's aftermath, which resulted in over 1,400 flight cancellations nationwide. Want More Context? 🔎

The mother of Eric Tarpinian-Jachym, a congressional intern fatally shot in a drive-by incident in Washington, D.C., criticized the city council for failing to protect residents, emphasizing the need for more police funding. Tarpinian-Jachym was remembered for his kindness and dedication to helping others, while authorities are offering a $40,000 reward for information leading to an arrest. Want More Context? 🔎

CBS News explores the rising interest in astrology through the lens of Danielle Polgar, an astrological counselor in Santa Fe, New Mexico, highlighting its $3 billion industry in the U.S. and the growing user base of apps like Co-Star. While skeptics like astrophysicist Montana Williams question its validity, many, including users like Erika McAuliffe, find personal insight and self-discovery through astrological practices. Want More Context? 🔎

Local and state law enforcement leaders expressed frustration over ICE's recent recruitment efforts aimed at officers involved in the 287(g) program, which permits local officers to assist in immigration enforcement. While some, like Florida's Pinellas County Sheriff, criticized ICE's approach, others, such as Texas's Terrell County Sheriff, supported it, indicating varied reactions across the country. Want More Context? 🔎