Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup. The Seattle-based ecommerce giant’s stock almost 10% in after-hours trading. Amazon reported a loss of $3.84 billion, or …
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Justice Department sues Paul Manafort for nearly $3 million over alleged unreported foreign income
The Justice Department is suing Trump’s one-time campaign chairman Paul Manafort for nearly $3 million for allegedly failing to report his financial interest in foreign bank accounts between 2013 and 2014. The lawsuit claims Manafort failed to fill out conventional “FBAR” reports required for all foreign bank balances over $10,000 …
Read More »“Rust” shooting: New bodycam footage shows Alec Baldwins, others in moments after fatal shooting
New body camera video released by the Santa Fe Sheriff’s Office shows the frantic moments after actor Alec Baldwin allegedly discharged a gun on the set of “Rust,” killing cinematographer Halyna Hutchins. The video shows Baldwin holding the gun before the tragic incident as well as the aftermath of the …
Read More »Biden executive order seeks to protect old
SEATTLE — President Biden is taking steps to restore national forests that have been devastated by wildfires, drought and blight, using an Earth Day visit to Seattle to sign an executive order protecting some of the nation’s largest and oldest trees. Old-growth trees are key buffers against climate change and provide …
Read More »Full transcript of “Face the Nation” on April 17, 2022
On this “Face the Nation” broadcast moderated by Margaret Brennan: Ukrainian Foreign Minister Dmytro KulebaRet. Lt. Gen. Ben Hodges, former commander of U.S. Army forces in EuropeSen. Chris Coons, Democrat of DelawareDavid Beasley, executive director of the World Food ProgrammeSister Norma Pimentel, executive director of the Catholic Charities of Rio …
Read More »Here’s how much Americans pay in property taxes in every U.S. state
Housing prices across the U.S. are surging, scrambling the plans of many buyers and dashing others’ hopes of owning a home. Another rising cost that homeowners are grappling with? Property taxes. In some counties around the country, average property tax payments hit record highs last year, according to a report …
Read More »Full transcript of “Face the Nation” on April 10, 2022
On this “Face the Nation” broadcast moderated by Margaret Brennan: National security adviser Jake SullivanUkrainian Ambassador Oksana MarkarovaDr. Scott GottliebLoretta Mester, president and CEO of the Federal Reserve Bank of ClevelandJeh Johnson, former homeland security secretary Click here to browse full transcripts of “Face the Nation.” MARGARET BRENNAN: I’m Margaret …
Read More »Mortgage rates top 5% — and loan applications are taking a hit
The average interest rate for a 30-year mortgage has now topped 5%, the highest point in more than a decade. The sudden rise has cooled interest in home loans, and some experts are predicting home sales could slow this year as some buyers get priced out of the market. Interest …
Read More »McCarthy rebukes Cawthorn over his claims that lawmakers have invited him to orgies and use drugs
Washington — House Minority Leader Kevin McCarthy on Wednesday admonished Republican Rep. Madison Cawthorn of North Carolina over claims he had watched members of Congress use drugs and was invited to an “orgy.” McCarthy told reporters on Capitol Hill that he told Cawthorn during a private meeting that the first-term …
Read More »Reverse gender pay gap? Young men earn less than women in some big cities
Young women are earning as much as or more than their male counterparts in 22 U.S. cities, Pew Research found in a new research report. That could be a sign that educational gains by women and laws about pay transparency are helping to narrow the earnings gap between men and …
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