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U.S. pledges $1 billion in security assistance to Colombia as new president vows to “defeat narco-terrorism”

The United States pledged $1 billion in security assistance to Colombia after its new right-wing president took office.  Abelardo de la Espriella, a millionaire lawyer with a taste for spectacle, took office Friday for his four-year term after a campaign focused on anger and fears about security. “As a cornerstone of this renewed partnership, the…

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The Fed was expected to hike interest rates in September. Don’t bet on that now, economists say.

What a difference a day can make for monetary policy.  On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…

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Jocelyn Benson wins Michigan Democratic gubernatorial primary, CBS News projects

Michigan Secretary of State Jocelyn Benson is projected to be the winner of Tuesday’s Democratic gubernatorial primary race, according to CBS News. As of 9 p.m., unofficial results show that Benson was winning with 211,877 votes over Genesee County Sheriff Chris Swanson‘s 38,439 votes. At that time, 17% of the votes had been counted. Benson would go head-to-head…

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Gloria Gaynor says her hit “I Will Survive” became a personal anthem of strength during one of her darkest times

Gloria Gaynor’s “I Will Survive” has been a motivational anthem for nearly five decades – but it didn’t just serve as inspiration for millions of fans. Gaynor told “CBS Mornings” the song gave her hope during one of the most difficult periods of her life. After a fall on stage in 1978 at New York’s Beacon…

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Senate Judiciary Committee advances Blanche’s nomination for attorney general

Washington — The Senate Judiciary Committee on Tuesday advanced Todd Blanche’s nomination for attorney general to the Senate floor, clearing a key hurdle for President Trump’s pick to lead the Justice Department. The GOP-led panel voted 12-10 along party lines to advance Blanche’s nomination. The acting attorney general overcame skepticism from Republican Sens. John Cornyn…

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Federal workers sour on government work, decrying eroding job security

Nearly two-thirds of U.S. federal workers said they wouldn’t enter public service again, citing eroding job security and benefits, according to a recent poll of active and retired government employees.  Respondents’ views overwhelmingly reflected concerns about the current federal climate, rather than regret over having chosen careers in government, the National Active and Retired Federal…

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