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Mortgage interest rates have changed for borrowers in noticeable ways after this week’s Fed rate news. Ken Wiedemann/KenWiedemann/Getty Images The day on which a Federal Reserve meeting is held can hold a lot of importance for borrowers as the central bank’s decision on interest rates can cause borrowing costs to rise or fall. And that’s …
After 75 days of the partial government shutdown, the U.S. has run out of emergency funds to pay the Coast Guard, including active duty military, and to pay its bills. In an exclusive interview with CBS News, Coast Guard Commandant Adm. Kevin Lunday said the Coast Guard is “operating in a crisis” and called it …
A Louisiana sheriff was indicted Wednesday over her office’s role in a notorious jailbreak that sparked outrage last year. The brazen escape saw 10 inmates flee from a New Orleans jail, prompting a massive manhunt involving hundreds of officers from federal, state and local law enforcement agencies. Orleans Parish Sheriff Susan Hutson faces a 30-count …
Oil prices surged to a wartime high Thursday, with Brent crude, the international benchmark, topping $126 a barrel as concerns grew that the Iran was will drag on, tightening global energy supplies. Gasoline prices also reached a new high since the Middle East conflict began on Feb. 28, with the average U.S. cost jumping to …
Gas prices surge to their highest level since the war with Iran began as ceasefire negotiations appear to stall. Plus, there are new details about the man accused in the attack at the White House Correspondents’ Dinner. All that and all that matters in today’s Eye Opener.
The British government has pledged about $34 million to combat what one cabinet member is calling an antisemitism emergency facing the U.K., a day after two Jewish men were stabbed in broad daylight in north London in an incident being investigated as terrorism. The announcement, made by State Security Minister Dan Jarvis on Times Radio, …
OMAHA, Neb. (AP) — Union Pacific hopes the new application it filed Thursday will be enough to persuade regulators that its $85 billion acquisition of Norfolk Southern would be good for the country. The U.S. Surface Transportation Board rejected Union Pacific’s initial application because regulators wanted more details about how the deal would affect the …
The price of global benchmark Brent crude oil briefly surged past $126 a barrel early Thursday as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war. The $126 mark for a barrel of Brent crude is a four-year high. The last time it …
NEW YORK (AP) — Teenagers are more inclined than their elders to get news from nontraditional sources such as social media and influencers, heralding a generational shift in how people seek out information. A national study by the Media Insight Project finds 36% of U.S. adults say they get news from social media at least …
An iconic United States military ship that was sunk by a German submarine in World War I has been discovered by a diving team off the coast of Britain over a century after it was lost, officials revealed Wednesday. The sinking of the Coast Guard Cutter Tampa in 1918 in the Bristol Channel killed 131 …