President Biden is looking at different options to forgive an unspecified but substantial amount of federal student loan debt — a move that would thrill some of his most loyal supporters and financially strapped students nationwide, but is a departure from campaign pledges to provide limited relief. The president shared …
Read More »19 of America’s biggest companies paid little — or zero — income tax: “The tax code is broken”
Nineteen of the biggest American corporations paid little or no taxes last year, according to a new analysis of financial filings by liberal think tank Center for American Progress (CAP). That comes as U.S. companies enjoyed their most profitable year since 1950, thanks to government support as well as a …
Read More »Acting ATF Director Marvin Richardson set to be replaced
Washington — Marvin Richardson, the acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), is being replaced, U.S. officials tell CBS News. It’s unclear when the change will be announced. For now, the leading candidate to replace Richardson is a U.S. attorney, the officials said. Richardson was …
Read More »Liz Sheridan, who played Jerry Seinfeld’s mother Helen on “Seinfeld,” dead at 93
Actress Liz Sheridan, who played Helen on the hit TV series “Seinfeld,” died in her sleep of natural causes early Friday morning, her representative confirmed to CBS News. She had turned 93 five days before her death. In addition to her role as Jerry Seinfeld’s mother, Sheridan also played Mrs. …
Read More »Texas Rep. Henry Cuellar is not the target of FBI investigation, his attorney says
Henry Cuellar, a U.S. representative from Texas, is not the target of a federal investigation, his attorney Joshua Berman told CBS News Wednesday. Cuellar’s home and campaign office were raided in January, but he denied any wrongdoing. “The Justice Department has informed me that Congressman Cuellar is not a target …
Read More »U.S. stocks fall, led by slump in tech companies
Technology companies led a broad slide for stocks on Wall Street as investors look ahead to the upcoming company earnings reporting season and what it will reveal about the impact inflation is having on corporate profits. The S&P 500 fell 1.7%, adding to its recent losses. The Dow Jones Industrial …
Read More »Antigovernment activist Ammon Bundy gets jail term for “making a mockery” of a prior sentence
Boise, Idaho — Idaho gubernatorial candidate and antigovernment activist Ammon Bundy received a $3,000 fine and 10 days in jail Thursday for contempt of court. Bundy was immediately handcuffed in Fourth District Court in Boise and taken to the Ada County Jail. Judge Annie McDevitt ruled Bundy failed to perform 40 …
Read More »Obama to join Biden at first White House event since leaving office
Washington — Former President Barack Obama is returning to the White House this week to celebrate the Affordable Care and Patient Protection Act (ACA), his signature law that passed 12 years ago. It will be Obama’s first joint appearance with President Biden at the White House since the two were …
Read More »California task force on reparations reaches first hurdle: Who should qualify?
California’s first-in-the-nation task force on reparations is at a crossroads, with members divided on which Black Americans should be eligible for compensation as atonement for a slave system that officially ended with the Civil War but reverberates to this day. Some members want to limit financial and other compensation to …
Read More »Former Tennessee nurse RaDonda Vaught found guilty in woman’s death after accidentally injecting her with wrong drug
A former Tennessee nurse has been found guilty of criminally negligent homicide in the death of a patient who was accidentally given the wrong medication, a jury found. RaDonda Vaught, 37, was also found guilty Friday of gross neglect of an impaired adult in a case that has fixed the …
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