1788910928543

Hurricane Lowell lashes Hawaii, knocking out power to thousands as flood risk continues

Damaging winds and heavy rains from Hurricane Lowell pelted Hawaii’s western islands early Tuesday, knocking out power, damaging roads and buildings and bringing the threat of flash floods and mudslides. Fierce winds downed trees and caused widespread power outages on the island of Kauai, home to 73,000 residents. The Kauai Island Utility Cooperative reported that…

Read More
1788512007 full

CBS News gas and oil price tracker shows how much energy costs are rising amid the Iran war

The war with Iran is pushing up oil and gas prices, creating widespread financial strain on U.S. motorists, food delivery drivers, farmers as well as the U.S. Postal Service.  Average U.S. gas prices topped $4 per gallon on March 31 for the first time since 2022, according to AAA. Analysts say prices are likely to remain elevated until shipping resumes in the Strait of Hormuz, a key…

Read More
gettyimages 2289747313

National debt tops $40 trillion after doubling in less than a decade, Treasury data shows

The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs.   The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…

Read More