Treasury Department is weighing a $250 bill with Trump’s image

The Treasury Department is considering issuing a $250 bill featuring President Trump, though federal law would have to change before such a banknote could enter circulation, a department official confirmed to CBS News on Thursday. The bill’s development, first reported by the Washington Post on Thursday, comes in response to legislation proposed last year by …

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Trump visited soldiers at Walter Reed, but not the 14 injured in Iran war

President Trump visited some U.S. service members during his trip to Walter Reed National Military Medical Center on Tuesday, but not any of the 14 troops injured in the war he started with Iran who are also recovering at the hospital. That’s according to the family of one soldier and another military official familiar with …

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Here’s how much interest a $125,000 CD account can earn now

Interest earnings on a $125,000 CD account will rise fairly quickly for savers. Tuomas Lehtinen/Tuomas A. Lehtinen/Getty Images If you’ve been able to save $125,000 in recent years or have accumulated those funds via an inheritance or real estate sale, the possibilities of what to actually do with them may seem limitless. You can make …

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US Postal Service Suspends Non-Essential Spending Amid Cash Crunch

May 28 (Reuters) – ⁠The ⁠U.S. Postal ⁠Service said Thursday ​it is suspending non-essential ‌spending on travel, ‌office ⁠supplies, ⁠consultants and in other areas as ​it faces a mounting cash ​crisis. Postmaster General David Steiner ⁠told officers ⁠in a ⁠memo dated ​Tuesday seen by Reuters ​that ⁠the moves were “to protect core operations and ⁠ensure …

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Inside the Financial Problems That Led to Martin University’s Closure

Jennifer Anderson thought her job at Martin University was secure. In October, employees said they were told that the college had enrolled enough students to stay open through spring 2026. “We loved Martin,” Anderson, the university’s former financial aid director, told Mirror Indy. “Once we were told we would be there until May, we all …

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Japan Dismisses ‘Ridiculous’ Russian Criticism of Military Buildup

May 28 (Reuters) – Japan’s U.N. ambassador on Thursday ⁠dismissed ⁠as “ridiculous” Russia’s criticism of ⁠its military buildup at a time when Moscow was ​continuing its war against Ukraine in violation of the U.N. Charter. On Tuesday, ‌Russia’s U.N. Ambassador Vassily Nebenzia ‌told the first session of a U.N. Security Council meeting on upholding ⁠the …

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Clashes Between Armed Groups in Colombia Kill at Least 52

BOGOTA, May ⁠28 (Reuters) – ⁠At ⁠least 52 guerrilla ​fighters were ‌killed in ‌clashes ⁠between ⁠two rival armed groups vying ​for territorial control ​of a strategic ⁠cocaine ⁠production and ⁠trafficking region ​in southeastern Colombia, ​a ⁠faction of the ⁠Revolutionary Armed Forces of Colombia (FARC) involved ⁠in the fighting said in a statement on Thursday. (Reporting by …

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What proof do banks require to protect Social Security funds?

Social Security benefits receive federal protections, but banks may still need documentation to shield those funds. CATHERINE LANE/CatLane/Getty Images For millions of older Americans, Social Security has become more than just a retirement benefit, particularly in the current economic landscape. It’s the main income source used to cover rent, groceries, prescription costs and utility bills, …

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