Three in four Americans don’t have enough wealth to weather financial setbacks and achieve major life milestones, according to a recent report from The Aspen Institute, a nonprofit think tank. About 34.5 million U.S. households fall short of what the group terms its “essential wealth” benchmark, which The Aspen Institute defines as having six weeks of …
Hegseth tells senators Iran war has cost $37.5 billion so far – CBS News Watch CBS News Senators on Tuesday grilled Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine over the state of the war with Iran. CBS News congressional correspondent Caitlin Huey-Burns has the details.
Friends remember 19-year-old U.S. soldier Isabella Gonzales after death in Iran strike – CBS News Watch CBS News Isabella Gonzales’ friends in Texas are fondly remembering the fallen soldier as they come to terms with her death on Friday in the U.S. war with Iran. CBS News Texas reports.
Washington — Defense Secretary Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, are testifying before a Senate committee Tuesday afternoon amid escalations in the war with Iran in recent days. Hegseth and Caine are detailing the Trump administration’s supplemental funding request for $67 billion to help cover the cost of …
Washington — The Senate Intelligence Committee advanced Jay Clayton’s nomination for director of national intelligence on Tuesday, despite opposition from Democrats following his confirmation hearing earlier this month. In a 9 to 8 vote, the committee voted along party lines to advance Clayton’s nomination to the floor, GOP Sen. Tom Cotton of Arkansas, the committee …
GLP-1 drugs could lead to cost savings for workers and their employers by reducing employee sick leave, a new economic study finds. Researchers found that patients who used the drugs, sold under brand names including Ozempic and Wegovy, took 17% less long-term sick leave than people who didn’t use the medications. The study defines long-term …
Tropical Storm Bertha formed on Monday, threatening the Gulf Coast. Meanwhile in the Midwest, severe storms caused flooding in Des Moines, Iowa, and several tornadoes were spotted in northern Wisconsin. Lana Zak reports.
Novo Nordisk sued competitor Eli Lilly on Tuesday, alleging the drugmaker engaged in false advertising by claiming its GLP-1 drugs are superior to Novo’s. The lawsuit accuses Eli Lilly of misleading consumers by using outdated clinical trial data to make Zepbound and Mounjaro appear more effective than Novo’s drugs, Wegovy and Ozempic, for weight loss …
Washington — A federal appeals court on Monday night denied a bid from former President Joe Biden to keep the Justice Department from giving a conservative think tank redacted transcripts and audio recordings of conversations he had with his biographer roughly a decade ago, but stayed the opinion until Aug. 3 to allow time for …
Detroit — A state appeals court on Monday set aside convictions for two men involved in a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer. Pete Musico and Paul Bellar were convicted of providing material support for an act of terrorism. They, along with co-defendant Joe Morrison, were accused of having secondary roles in the …