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The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at “TheStreet,” joins CBS News to examine what’s behind the increase and what it means for interest rate cuts.
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In response to IE 11 not being supported, visitors are encouraged to use another browser for an optimal experience on the site. Meanwhile, Luigi Mangione, who faked his own death, has returned to the US and is facing a criminal charge for the murder of UnitedHealthcare's CEO Brian Thompson. Investigators have found a notebook detailing Mangione's alleged rationale for the killing, as reported by NBC's Stephanie Gosk on TODAY. Full Article
Read moreA man named Gerald Evans was arrested in Washington, D.C., for boarding a Metrobus without paying the fare and was found to be carrying a loaded shotgun. Evans, aged 30, was confronted by officers after evading fare on an X2 route bus and was charged with multiple offenses including possession of a prohibited weapon and carrying a dangerous weapon. The gun in his possession was reported stolen and Evans also had an open felony warrant...
Read moreConservative "parent rights" groups have successfully influenced a nationwide decrease in sales and opportunities for authors of children's books they deem inappropriate, resulting in over 10,000 book bans in public schools during the 2023-24 school year. The banned books often feature LGBTQ+ themes and characters of color. Teachers and librarians are hesitant to include controversial books in fear of losing their jobs or facing criminal charges. Publishers report a significant decrease in sales of such...
Read moreIn response to recent upheaval in the healthcare industry, including the arrest of Luigi Mangione for the killing of UnitedHealthcare’s CEO, efforts to shake up the status quo in healthcare have been supported by Boston.com readers. Nearly 300 doctors from Massachusetts General Brigham and Massachusetts General Hospital have filed to unionize, citing burnout and overwhelming workloads. Readers are divided on the issue, with 68% in favor of doctors unionizing to regain control over their work...
Read morePresident Joe Biden is commuting the sentences of 1,500 individuals who were released from prison and placed on home confinement during the pandemic, while also pardoning 39 Americans convicted of nonviolent crimes, in the largest single-day act of clemency in modern history. The commutations are for those who served home confinement sentences for at least a year, with the goal of reducing the spread of COVID-19 in prisons. Biden plans to take more steps in...
Read morePresident-elect Donald Trump described Richard "Ric" Grenell as a "fabulous person" and a "STAR" in response to reports of him potentially serving as a special envoy for Iran. While Trump did not confirm the news, Grenell denied the report and criticized Reuters for spreading false information. Grenell, a loyal ally to Trump, has been rumored for various positions in the administration, including Secretary of State, and would report to Sen. Marco Rubio if selected for...
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News Wave is not responsible for the content of external sites.