Lt. Gov. Peggy Flanagan on Tuesday captured the Democratic nomination for Senate in the Minnesota primary election, CBS News projects. It was the latest victory for a progressive over the party’s moderate wing. Flanagan was endorsed by the Minnesota Democratic-Farmer-Labor Party (DFL Party) at its state convention in May and took on Rep. Angie Craig in the…
A so-called flesh-eating bacterium that thrives in warm seawater has killed at least seven people this year along the Gulf Coast, officials said. Two people in Florida and five in Louisiana have died from vibrio vulnificus, which lurks in warm coastal waters and can enter the body through open wounds or from eating raw shellfish….
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…
The U.S. economy unexpectedly shed 23,000 jobs in July, undershooting economists’ expectations and signaling the job market may be slowing. By the numbers Economists polled by FactSet forecast employers added 95,000 jobs in July. The unemployment rate in July stood at 4.1%, down from 4.2% in June. The Labor Department also revised down the May…
Treasury Secretary Scott Bessent says the Trump administration is moving quickly to crack down on criminal enterprises, cartels and undocumented immigrants using the U.S. financial system for their payroll schemes, illicit financing and other fraud. In remarks to Arizona bankers Thursday, Bessent said, “This administration will not tolerate blatant abuse of our financial system, nor…
For Melanie Herbert, years of hospital treatments for a serious medical condition fueled an early interest in how healthcare providers communicate and address their patients’ needs. The experience informed her decision years later to launch Sync Labs, a health technology startup that aims to improve care for older Americans, while she was still a student…
Layoffs across the U.S. in July fell to their lowest level in two years, new data shows, a sign that the labor market remains resilient despite the impact of inflation driven by the Iran war and artificial intelligence. Employers announced 33,429 job cuts in July, down 46% from a year ago, according to outplacement firm…
Washington — With three months to go until the critical midterm elections, New Jersey Gov. Mikie Sherrill is taking her first major step onto the national political stage to help Democratic candidates with military service win in competitive frontline races. The centrist Democrat, who won in a top battleground race last year, will use her…
Geoffrey Fieger, who campaigned with the flamboyant theatrics he used as Jack Kevorkian’s lawyer, won a narrow victory in the Democratic primary for Michigan’s governor. “There’s a movement going on here, and that movement will turn out voters in unprecedented numbers,” Fieger said Wednesday at a news conference where he claimed victory. He renewed his…
The State Department has revoked the visa of Brazil’s ambassador to the United States, according to a senior department official, marking the latest escalation in a growing diplomatic dispute between Washington and Brasília. The official said the visa for Maria Luiza Ribeiro Viotti would be reinstated immediately if Brazil grants diplomatic approval, known as agrément,…
