The Labor Department reported an unexpected spike in the number of Americans filing first-time unemployment claims last week -- up 51,000 from the previous week, when new claims hit a pandemic low. Sarah House, senior economist at Wells Fargo's Corporate and Investment Bank, joined CBSN to discuss the nation's economic recovery.
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State leaders in California have approved a $100-billion plan to further the economic recovery in California that includes new stimulus checks for residents, rent relief and grants to businesses. See:...
Lawmakers are warning that the central bank’s vast purchases of government debt are feeding financial bubbles.
- The Week
Looks like Biden may have bailed on super-unemployment way too early
The disgraced Trump national security adviser "should be recalled to active duty and court-martialed," said the wife of whistleblower Lt. Col. Alexander Vindman.
- Miami Herald
As thousands of Cuban Americans marched in Washington Monday to call for the U.S. to put more pressure on Cuba’s government, President Donald Trump’s former lawyer Rudy Giuliani came to Miami to denounce Cuba’s communist regime. He spoke to a small group of people outside of Versailles Restaurant in Little Havana.
- The Daily Beast
Chip Somodevilla/GettyOn July 22, Chairman Bennie Thompson announced the senior staff for the fledgling 1/6 committee. On paper, the choices were beyond reproach. Until you saw who was named staff director, and just how sketchy his professional past is.Thompson’s announcement described David Buckley in glowing terms. He was staff director of a congressional intelligence committee, showing that he was not afraid to go up against the most recalcitrant of Executive branch agencies. That kind of exp
- The Wrap
Renowned Watergate reporter Carl Bernstein minced no words in sharing his thoughts about Donald Trump, calling the former president an "American war criminal" who suffers from "delusional madness." During an appearance Sunday on CNN's "Reliable Sources," host Brian Stelter posed the question of "where we are heading as a country" to Bernstein, after what Stelter called "a week full of Trump delusion headlines." Though Bernstein noted that he has no professional qualifications as a psychiatrist,
Advocates say benefits haven't kept up with inflation — and that probably won't change.
The first-term Republican has drawn backlash for repeatedly comparing vaccination requirements and mask mandates to the Holocaust.
It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. If they happen, they’ll mean your SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 Trust (VOO) and Schwab U.S. Small-Cap ETF (SCHA) lose about half their value, in inflation-adjusted terms, by 2028.
- Washington Examiner
Chicago Mayor Lori Lightfoot said she would "absolutely" grant interviews only to journalists of color again after she drew waves of backlash earlier in the year when she announced the policy.
A U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from sorting out its problems, may be headed for more inflation-inducing trouble. Fed officials are likely to affirm after their two-day meeting that a strong U.S. recovery and their planning for an eventual policy shift both remain underway. Debate over how to shape post-pandemic monetary policy has just begun, and decisions were not expected before the fall.
- USA TODAY Opinion
Sabotage didn’t become the Republicans' organizing principle until the first Black president won. Now their goal is crisis and humiliation for Biden.
- Washington Examiner
'You are the worst human being': Montana man confronts Tucker Carlson in video from fly fishing store
Tucker Carlson found himself in a pretty kettle of fish after he was confronted by a customer at a fly fishing store.
Croatia's plan to put famous inventor Nikola Tesla on its euro coins has sparked criticism in Serbia, whose central bank said Monday it would take the issue to the EU.
Data: Fabrizio, Lee & Associates. Margin of error: ±3.46%; Chart: Danielle Alberti/AxiosDon Jr. and Florida Gov. Ron DeSantis top a poll — provided first to Axios — gauging the popularity of seven key GOP figures.Between the lines: Don Jr. is the Trump child with the strongest connection to the base, and the most political promise should he ever decide to run. And the results reaffirm Ron DeSantis’ rise as an early 2024 front-runner should Trump decide not to run.Stay on top of the latest market
- The Conversation
South America's bi-oceanic highway, which will stretch from the Pacific to the Atlantic -- cutting right through Paraguay -- is scheduled for completion in 2022. Joel Correia, Author providedThe “new Panama Canal” – that’s how some are hailing a highway now under construction in South America that spans the continent, from the Atlantic to the Pacific. The Bi-Oceanic Corridor cuts through the Paraguayan Chaco, Latin America’s second-largest forest after the Amazon – and, these days, a hub of catt
- Washington Examiner
The nearly 60 Texas Democrats who fled the state and jetted to Washington, D.C., to block a pair of GOP-backed voting bills are asking the public to donate Dr. Pepper, candy, and toiletries as they mark the nearly two-week anniversary of their departure.
- Business Insider
A Republican official stood by the original vote count in Arizona's Maricopa County. Now he's being barred from the Cyber Ninjas audit site.
Ken Bennett, the audit's director, was barred from entering the building where the votes are counted after he shared data that confirmed Trump's loss.
What happened: Bloomberg reports that Airbus SE (OTC: EADSF) is the front runner to win a multi-billion dollar contract for a new aircraft fleet for Italy’s state-owned airline, following the bankruptcy of Alitalia. The deal is valued at $5.3 billion and would provide 81 new generation planes over a four year period. Why it’s important: The contract for the aircraft fleet is being issued by the successor of bankrupt Alitalia. Executives at Italia Trasporto Aereo SpA, known as ITA, have yet to ma