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A jury remains deadlocked in the trial of Jonathan Rinderknechtthe man accused of starting the blaze that turned into the deadly and destructive Palisades Fire in 2025. After announcing earlier on Thursday that they had reached a verdict, the jury sent a note to the judge saying they were deadlocked, according to the U.S. Department …
The Federal Reserve’s preferred inflation gauge climbed to 4.1% in May, its highest level in more than three years. Josh Schafer, Barron’s Investor Circle Newsletter editor, joins with analysis.
The two candidates in the Sioux Falls, South Dakota, mayor’s race are separated by only two votes, a county official confirmed to CBS News. A recount is likely after the city is able to canvas the votes and certify the results. Christine Erickson is two votes ahead of Jamie Smith, the Minnehaha County Auditors and …
Washington — President Trump and House conservatives are holding Congress hostage over Senate Republicans’ inability to pass a voting regulations bill known as the SAVE America Act. Mr. Trump abruptly canceled a signing ceremony Wednesday for a landmark housing affordability bill that has overwhelming bipartisan support in both chambers, seeking once again to use unrelated …
This week’s selloff in technology stocks underscores a gnawing anxiety among investors: What happens if you throw a big party and few people show up? The Nasdaq Composite Index has slipped nearly 3% this week as Wall Street frets over whether the trillions of dollars going into artificial intelligence will deliver the revenue and profit …
Washington — GOP Sen. Bill Cassidy of Louisiana on Wednesday dropped his support for a Democrat-led effort to restrict President Trump’s war powers in Iran after receiving a briefing at the White House — a briefing he said he secured with a note slipped to the president’s envoy to the Middle East following a heated …
New York prosecutors said on Thursday they are dropping a rape charge against Harvey Weinstein instead of trying him for a fourth time. The former movie executive is still convicted of another sexual felony in New York and others in California. The New York rape charge remained unresolved after his third trial in the city. …
Washington — The Supreme Court on Thursday ruled that Monsanto cannot be held liable under state laws for failing to warn consumers about the alleged cancer risks of its weedkiller Roundup on its label. In a 7-2 decision in the case Monsanto Co. v. Durnell, the high court found that a federal law regulating the …
ANKARA, June 25 (Reuters) – Dozens of Turkish journalists have been denied accreditation for a NATO summit in the Turkish capital Ankara next month, media outlets and journalist associations said on Thursday, with NATO saying it relied on Turkey for guidance about journalists. Turkey will host 32 NATO leaders, as well as officials from the …
The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank’s challenge in reining in prices. The reading matched economists’ forecasts for the PCE report to come in at 4.1% annually, according to financial data service FactSet. That compares with an …