Inflation is inflicting financial pain on millions of U.S. households, with almost half reporting that higher prices are causing some form of hardship, according to a new survey from Gallup. The study found that 45% of American families said they experienced either severe or moderate hardship due to inflation. Lower-income …
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Elizabeth Holmes expresses some remorse as she takes the stand in her criminal trial
Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive medical scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company’s blood-testing methods weren’t working as she had promised. In her third day of testimony during the high-profile criminal trial, …
Read More »5 reasons why Wall Street isn’t freaking out about inflation
Americans are increasingly sour on the U.S. economy, with many of them pointing to the highest inflation in 30 years as cause for alarm. But Wall Street is shrugging off these concerns, as stocks are pushed higher and with the Dow Jones Industrial Index hitting a record 36,000 earlier this …
Read More »Southlake, Texas mayor calls federal civil rights probe of city’s school district “costly distraction” that might be politically motivated
The mayor of Southlake, Texas calls a federal civil rights probe into its school district a “costly distraction” that may be politically motivated, CBS Dallas reports. The probe, to be conducted by the U.S. Department of Education, comes after several racially charged incidents. Mayor John Huffman suggested that the Carroll …
Read More »Elon Musk sells more than $5 billion in Tesla stock after Twitter poll
After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker’s stock, raising over $5 billion. The sales, disclosed in 10 regulatory filings late Wednesday, amount to about 3% of Musk’s stake in the company. After the transactions, Musk still …
Read More »Georgia sheriff’s deputy dies 3 days after she was shot responding to a domestic dispute
A Georgia sheriff’s deputy died Monday from a gunshot wound she received when responding to a domestic dispute, according to authorities. CBS affiliate WGCL-TV reported the Jackson County Sheriff’s Office identified the deputy as Lena Nicole Marshall. “It is with a heavy heart that I advise you all that we lost …
Read More »House set to vote Friday on Biden’s revised Build Back Better social spending and infrastructure bill
House Democrats are expected to vote Friday on a new version of President Biden’s social spending plan and the bipartisan infrastructure bill, House Majority Leader Steny Hoyer said Thursday night. Hoyer said the House Rules Committee will meet Thursday night, and the House will reconvene in Friday morning at 8 …
Read More »Dole recalls bags of garden salad due to listeria concerns
Dole Fresh Vegetables is recalling bags of garden salad sold in 10 states after a sample tested positive for listeria monocytogenes, an organism that can cause serious and potentially deadly infections. No illnesses have been reported in connection to the recalled garden salad sold in Alabama, Florida, Georgia, Louisiana, Maryland, …
Read More »Victim of serial killer John Wayne Gacy identified as North Carolina man
A North Carolina man who moved to Chicago was one of the victims of John Wayne Gacy, who was convicted of killing 33 young men and boys in the 1970s, authorities said Monday. Francis Wayne Alexander would have been 21 or 22 years old when Gacy killed him sometime between …
Read More »The secret of Wayne Gretzky’s success
Of all the boats on Idaho’s Lake Coeur d’Alene, you’ll find very few flying the Canadian flag, and even fewer blasting only Canadian pop music. Wayne Gretzky is pretty easy to spot out here, although he’s less comfortable on the open water than he is on the frozen kind. “People …
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