A Florida company that was established in May won an unusual and potentially lucrative deal to be the only business permitted to stock the commissaries of the Bureau of Prisons’ 118 institutions with flavored nicotine pouches. Undated photo of mindSHFT nicotine pouches Sarah N. Lynch / CBS News The brand of 6-mg pouches being sold…
The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — held at a 3.7% annual pace in July, slightly higher than forecasted and reflecting persistent cost pressures for consumers. Economists polled by FactSet had predicted a 3.6% annual increase. Wednesday’s report instead showed that inflation remained unchanged from June. PCE tracks changes…
It was just after 1 a.m. on May 7, 2023, when authorities responded to a reported road accident on a secluded dead-end street in Greenwood, South Carolina. At the edge of the nearby woods, they would find 46-year-old Davis McClendon‘s body. But what they saw at first was on the road itself: a shirt, a…
D——etectives Stephanie Winter and Devin Rigo of the Hillsboro, Oregon, Police Department had never encountered a crime scene like the one they encountered in January 2023. Natalie Morales: How would you two characterize this case when you first got it? What did you think? Det. Stephanie Winter: You know, I just thought that it’s a…
Astronomers announced Wednesday they had discovered a new type of astronomical object called a “black hole star,” potentially solving a mystery involving strange red dots spotted in the early universe. The object looks like a star the size of our solar system, but produces 100 billion times more energy than any star — a mighty…
With 90 days until the midterm elections, House Democrats are expanding the map of Republican-held congressional districts they believe they can potentially flip this fall. The Democratic Congressional Campaign Committee, House Democrats’ political arm, announced the addition of 12 new Republican-held districts to its “Districts in Play” list Wednesday, bringing the total number of GOP-held…
SpaceX on Tuesday reported a second-quarter loss of $541 million on revenue of $7.8 billion in its first earnings report as a publicly traded company, offering a window into its performance after executing the biggest ever initial public offering in June. Elon Musk’s rocket, satellite and AI provider was forecast to report revenue of $6.8 billion…
SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June. SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company’s…
Europe’s wildfire emergency eased across much of western Europe on Saturday, but its most dangerous front shifted to Greece, where gale-force winds drove flames through a seaside resort, forced hundreds to flee by sea and hampered firefighting aircraft. For Greece, the danger carried grim resonance: a 2018 wildfire at the seaside community of Mati, near Athens,…
The Federal Reserve is expected to leave interest rates unchanged at its July meeting on Wednesday, but rising oil prices have prompted investors to sharply increase their bets that a fresh rate hike could come later this year. At the start of the year, many economists expected at least one rate cut in 2026. But…
