Senator Joe Manchin says he’ll vote to approve Judge Ketanji Brown Jackson, greatly increasing the likelihood of her confirmation to the Supreme Court, The Democrat from West Virginia announced his support for Jackson in a statement Friday morning. Manchin said Jackson’s “record and career are exemplary” and he is “confident …
Read More »Mortgage rates jump above 4% — prompting borrowers to return to a staple of the housing bubble
It’s increasingly expensive to buy a home: Not only are housing prices increasing by double-digits annually, but mortgage rates have been on the rise and recently reached 4.4% for the first time since March 2019. That’s pushing more buyers to take out adjustable-rate mortgages — one of the financial products …
Read More »Shooting at Arkansas car show kills at least 1, wounds 27
Dumas, Arkansas — One man was killed and 27 people were wounded when two people got into a gunfight during a car show that’s part of an annual community event in a small southeast Arkansas town, authorities said Sunday. A person who left the scene of the Saturday evening shooting …
Read More »Funeral worker allegedly steals 84
An 84-year-old man suffering from Alzheimer’s disease is out of a home and life savings after, authorities say, he was preyed upon by a funeral worker who took advantage of him following his wife’s passing, CBS Miami reports. Authorities say 57-year-old Maribel Torres is the woman who took it all …
Read More »IRS audits the poor at 5 times the rate of everyone else, analysis finds
Tax season is a fraught time for taxpayers, who are understandably eager to get their refunds quickly and who may fret that processing hiccups could delay their checks. But some Americans may have more grounds for concern than others: low-income households with less than $25,000 in annual earnings. This group …
Read More »Supreme Court declines to hear case on reinstating Bill Cosby’s sexual assault conviction
Washington — The Supreme Court on Monday turned away a request from Pennsylvania prosecutors to review a state supreme court decision that overturned Bill Cosby’s sexual assault conviction, leaving the ruling from Pennsylvania’s high court that freed him from prison intact. Prosecutors from Montgomery County, Pennsylvania, asked the justices to …
Read More »House advances legislation to award historic WWII all
The House of Representatives Monday night passed legislation to award the 6888th Central Postal Directory Battalion the Congressional Gold Medal, one of the highest civilian honors. The women of the 6888th or “Six Triple Eight” deployed to Europe in 1945 to sort through the backlog of mail whose delayed delivery …
Read More »Key inflation gauge hits 6.1%, highest level since 1982
An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago — the largest year-over-year rise since 1982. It’s the latest indication that Americans are enduring sharp price increases that will likely worsen after Russia’s invasion of Ukraine. Excluding volatile food …
Read More »Jamaican police officer Shelian Cherine Allen allegedly tried to smuggle cocaine into U.S. on and in her body
A Jamaican police officer is being accused of trying to smuggle cocaine into the U.S. on and in her body, CBS Miami reports. Shelian Cherine Allen, 42, an 18-year police veteran, allegedly attempted to bring in the cocaine from Jamaica to try to distribute it, according to authorities. Police said …
Read More »Wholesale prices jump, adding to inflation woes for U.S. consumers
Wholesale inflation in the U.S. surged again last month, rising 9.7% from a year earlier, in a sign that price pressures remain high at all levels of the economy. The Labor Department said Tuesday that its Producer Price Index — which measures inflation before it reaches consumers — jumped 1% …
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