A tight U.S. labor market is helping drive substantial raises for millions of Americans, with workers’ typical hourly earnings jumping nearly 5% in the last year. The only problem? Inflation is not only erasing much or all of those gains, but pushing many workers into the red. Once inflation is …
Read More »U.S. seizes over $6 million from ransomware attacks
The Justice Department announced Monday that U.S. officials have seized more than $6 million in cryptocurrency and arrested two individuals they say are behind the July 4 weekend REvil ransomware attacks, in which the hacking of a Florida-based software firm Kaseya infected more than a thousand businesses worldwide. Ukrainian National …
Read More »37 incidents of unruly passenger behavior on airplanes are headed to the FBI for criminal review
Of the roughly 5,000 reports of unruly passenger behavior this year, the Federal Aviation Administration has so far submitted 37 incidents to the FBI for criminal review, CBS News has learned. The referrals are in addition to civil penalties — more than $1 million proposed this year — for bad behavior in …
Read More »New Jersey governor’s race: Ciattarelli look for upset as Murphy hopes to buck history and win reelection
New Jersey voters will decide Tuesday whether to make Governor Phil Murphy the first incumbent Democrat to be re-elected since 1977. The Garden State is reliably blue in presidential and U.S. Senate elections, but its off-year state office election gubernatorial cycle led to GOP victories in 1994 and 2009, the …
Read More »Astros stay alive in World Series with 9
The Houston Astros fended off elimination on Sunday night and denied the Atlanta Braves the chance to win the 2021 World Series at their home ballpark. The Astros defeated the Braves in Game 5 of the World Series, 9-5, to force a Game 6 and a return trip to Houston. …
Read More »Ryan Cajimat, Hawaii man fined for incident on Delta Air Lines, charged with assaulting flight attendant
A federal grand jury in Seattle indicted a man accused of punching a flight attendant in the face twice and trying to open the cockpit door late last year during a flight from Hawaii to Washington state. Ryan Cajimat, 21, of Kapolei, Hawaii, is charged with interference with flight crew …
Read More »3 states lead the U.S. in the rate of workers quitting their jobs
A record number of Americans are quitting their jobs across the U,S., a trend some have dubbed the “Great Resignation.” But the phenomenon is making an outsized impact in some regions: In Georgia, Kentucky and Idaho, more than 4% of workers voluntarily left their jobs in August — the highest …
Read More »Federal Reserve cracks down on how its officials invest
Washington — The Federal Reserve is imposing sweeping new restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign. The Fed announced Thursday that policymakers and senior staff would be barred from investing in individual stocks and bonds. They …
Read More »Robert Califf is the leading contender for FDA commissioner
Dr. Robert Califf is currently the leading contender for his old job as commissioner of the Food and Drug Administration, two sources tell CBS News. Califf, who served as FDA commissioner under former President Obama, is the top contender for the post, but with the caveat that this isn’t a …
Read More »Flood
Thousands of cars and trucks have been damaged by major floods this year and that makes it even more important for today’s used-car buyers to scrutinize potential purchases, consumer advocacy groups warn. Anyone kicking the tires on a used car for sale should scan the vehicle inside and out for …
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