How much money does it take to be financially successful?
https://www.cbsnews.com/video/how-much-money-does-it-take-to-be-financially-successful/
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Mon, 25 Nov 2024 20:19:00 -0500
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Judge hears arguments over pending Infowars sale
https://www.cbsnews.com/video/judge-hears-arguments-over-pending-infowars-sale/
A federal judge in Texas plans to hold another hearing to decide whether satirical news outlet "The Onion" can move forward with the purchase of conspiracy theorist Alex Jones' company, Infowars. CBS News correspondent Janet Shamlian has the latest from Houston.
Mon, 25 Nov 2024 20:15:00 -0500
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Thanksgiving week 2024 weather forecast
https://www.cbsnews.com/video/thanksgiving-week-2024-weather-forecast/
Multiple weather systems are forecast to drop rain and snow across the U.S. during the week of Thanksgiving. CBS News national weather correspondent Rob Marciano has more on what conditions to expect.
Mon, 25 Nov 2024 20:13:00 -0500
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Federal authorities on alert for threats ahead of Thanksgiving
https://www.cbsnews.com/video/federal-authorities-on-alert-for-threats-ahead-of-thanksgiving/
Federal and local authorities are reportedly warning the Macy's Thanksgiving Day Parade in New York City could be a target for would-be terrorists. Law enforcement officials will also need to be on high alert for what could be the busiest and most crowded holiday travel season yet. CBS News national security contributor Sam Vinograd joins with analysis.
Mon, 25 Nov 2024 20:11:00 -0500
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Illegal border crossings on track for Biden-era low in November
https://www.cbsnews.com/video/illegal-border-crossings-on-track-biden-era-low-november/
For the first time under the Biden administration, illegal crossings at the southern border are on track to dip below 50,000 for November. CBS News immigration and politics reporter Camilo Montoya-Galvez has more.
Mon, 25 Nov 2024 20:08:00 -0500
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Breaking down Trump's picks to lead health agencies
https://www.cbsnews.com/video/breaking-down-trump-picks-to-lead-health-agencies/
President-elect Donald Trump is rounding out his Cabinet with several choices to lead the nation's top health agencies. Dr. Richard Besser, former acting director of the Centers for Disease Control and Prevention, joins CBS News to examine Trump's picks.
Mon, 25 Nov 2024 20:06:00 -0500
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Judge delays resentencing hearing for Menendez brothers
https://www.cbsnews.com/video/judge-delays-resentencing-hearing-menendez-brothers/
A California judge on Monday delayed his decision on whether to resentence the Menendez brothers until January. In October, the outgoing Los Angeles district attorney requested a judge reconsider Lyle and Erik's sentences for the 1989 murders of their parents after new evidence was introduced. CBS News correspondent Elise Preston reports.
Mon, 25 Nov 2024 20:02:00 -0500
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Surge in Thanksgiving travelers expected amid winter storm threat
https://www.cbsnews.com/video/surge-in-thanksgiving-travelers-expected-amid-winter-storm-threat/
This Thanksgiving travel week is expected to set records, from the roads to the rails to the skies. According to AAA, nearly 80 million Americans are expected to travel at least 50 miles from home between Tuesday and the Monday after the holiday. CBS News senior transportation correspondent Kris Van Cleave has more from New Jersey's Newark Liberty International Airport.
Mon, 25 Nov 2024 20:00:00 -0500
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Israel, Hezbollah moving closer to ceasefire agreement
https://www.cbsnews.com/video/israel-hezbollah-moving-closer-to-ceasefire-agreement/
There's new hope for a ceasefire agreement between Israel and the Lebanese militant group Hezbollah. White House officials say talks are moving in a positive direction. But as CBS News foreign correspondent Debora Patta explains, there are some final hurdles before the deal is complete.
Mon, 25 Nov 2024 19:58:00 -0500
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Judge dismisses Trump's federal 2020 election case after Smith filing
https://www.cbsnews.com/video/judge-dismisses-trump-federal-2020-election-case-after-smith-filing/
Judge Tanya Chutkan, who was overseeing President-elect Donald Trump's federal 2020 election interference case, has agreed to dismiss the case after special counsel Jack Smith filed a motion Monday asking for just that. Smith also filed a motion to end the case on how Trump handled classified documents after his first presidency, where prosecutors had been appealing a previous dismissal. CBS News' Scott MacFarlane, Rikki Klieman and Ed O'Keefe have the latest.
Mon, 25 Nov 2024 19:56:00 -0500
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Australian bill aims to ban social media for children
https://www.cbsnews.com/video/australian-bill-aims-ban-social-media-children/
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
Thu, 21 Nov 2024 20:05:00 -0500
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What to expect for Thanksgiving food prices this year
https://www.cbsnews.com/video/what-expect-thanksgiving-food-prices-this-year/
The American Farm Bureau Federation's annual survey found a difference between 2024 and 2023 Thanksgiving dinner prices. Business Insider senior personal finance reporter Jennifer Streaks discusses the cost changes and how to find meal deals.
Thu, 21 Nov 2024 20:00:00 -0500
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Alex Jones tries to block The Onion from getting control of Infowars
https://www.cbsnews.com/video/alex-jones-tries-to-block-the-onion-from-getting-control-of-infowars/
Conspiracy theorist Alex Jones filed a lawsuit this week to try to block the sale of his right-wing company Infowars to satirical publisher The Onion. CBS News legal contributor Jessica Levinson breaks it down.
Thu, 21 Nov 2024 19:55:00 -0500
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Some believe Russia, Ukraine trying to maximize gains before Trump's term
https://www.cbsnews.com/video/some-believe-russia-ukraine-trying-maximize-gains-before-trumps-term/
The Pentagon said Russia fired an experimental intermediate range ballistic missile at central Ukraine on Thursday. CBS News foreign correspondent Holly Williams reports.
Thu, 21 Nov 2024 19:51:00 -0500
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Matt Gaetz's accusers' lawyer opens up about House investigation
https://www.cbsnews.com/video/matt-gaetzs-accusers-lawyer-opens-up-house-investigation/
Former Florida Rep. Matt Gaetz said his confirmation process was a distraction as he withdrew from consideration to be President-elect Donald Trump's attorney general. Gaetz has faced scrutiny over a House Ethics Committee probe into alleged sexual misconduct. He denies any wrongdoing. Joel Leppard, the attorney for two women who testified in the probe, joins "The Daily Report" to discuss.
Thu, 21 Nov 2024 19:47:00 -0500
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Georgia prosecutors try to hold parent accountable for school shooting
https://www.cbsnews.com/video/georgia-prosecutors-hold-parent-accountable-school-shooting/
The father of the teen accused in the deadly Apalachee High School shooting in Georgia entered a "not guilty" plea in the case on Thursday. The charges are the latest example from prosecutors seeking to hold parents responsible for school shootings carried out by their children. CBS News' national correspondent Manuel Bojorquez reports.
Thu, 21 Nov 2024 19:42:00 -0500
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What do the calls for Google to sell Chrome mean for the company, users?
https://www.cbsnews.com/video/what-do-calls-google-sell-chrome-mean-company-users/
The Justice Department formally submitted a proposal to break up Google, calling for it to sell the Chrome web browser. Lawyers argue that the tech giant has too much power in the online search business as research shows Google controls about 90% of the search engine market. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Thu, 21 Nov 2024 19:37:00 -0500
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Bob Casey concedes Pennsylvania Senate race to Dave McCormick
https://www.cbsnews.com/video/bob-casey-concedes-pennsylvania-senate-race-dave-mccormick/
Democratic Sen. Bob Casey of Pennsylvania has conceded his Senate race to Republican challenger Dave McCormick. Pennsylvania would be another pick-up for the Republicans in the Senate. Assuming McCormick's lead holds, Republicans would control 53 seats to Democrats' 47.
Thu, 21 Nov 2024 19:35:00 -0500
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Trump taps Pam Bondi for attorney general after Gaetz withdraws
https://www.cbsnews.com/video/trump-taps-pam-bondi-for-attorney-general-after-gaetz-withdraws/
President-elect Donald Trump has named former Florida Attorney General Pam Bondi as his new pick for U.S. attorney general after former Rep. Matt Gaetz announced he was withdrawing from consideration for the role. CBS News senior White House and political correspondent Ed O'Keefe has the details. Then, Tom LoBianco, national politics reporter and co-founder of 24sight news, joins with analysis.
Thu, 21 Nov 2024 19:35:00 -0500
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U.S. reacts to the arrest warrant for Benjamin Netanyahu, others
https://www.cbsnews.com/video/us-reacts-arrest-warrant-benjamin-netanyahu-others/
The International Criminal Court issued arrest warrants on Thursday against Israeli Prime Minister Benjamin Netanyahu and his former defense minister, and the military chief for Hamas. The U.S. rejected the court's decision. CBS News senior foreign correspondent Elizabeth Palmer reports and the Center for Strategic and International Studies' Jon Alterman has analysis.
Thu, 21 Nov 2024 19:33:00 -0500
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Latest on bomb cyclone damage and recovery efforts
https://www.cbsnews.com/video/latest-bomb-cyclone-damage-recovery-efforts/
Areas of the northwestern U.S. are recovering as a deadly storm known as a bomb cyclone tore through the region. CBS News correspondent Carter Evans reports on the recovery efforts.
Thu, 21 Nov 2024 19:28:00 -0500
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Why did Matt Gaetz withdraw as Trump's attorney general pick?
https://www.cbsnews.com/video/why-did-matt-gaetz-withdraw-trumps-attorney-general-pick/
Just over a week after President-elect Donald Trump named Matt Gaetz as his intended nominee for attorney general, the now-former congressman has withdrawn his name from consideration for the position. CBS News congressional correspondent Scott MacFarlane has the latest.
Thu, 21 Nov 2024 19:24:00 -0500
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How Trump's mass deportation plans could affect food, farming industry
https://www.cbsnews.com/video/how-trumps-mass-deportation-plans-could-affect-food-farming-industry/
President-elect Donald Trump confirmed that he plans to address illegal immigration in the U.S. through a mass deportation program. CBS News MoneyWatch correspondent Kelly O'Grady discusses how such a plan could affect the food industry.
Wed, 20 Nov 2024 20:13:00 -0500
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Who is Linda McMahon, Trump's pick for education secretary?
https://www.cbsnews.com/video/who-linda-mcmahon-trumps-pick-education-secretary/
President-elect Donald Trump announced he plans to nominate former wrestling executive Linda McMahon as education secretary. Washington Post political investigative reporter Beth Reinhard joins "The Daily Report" to discuss her qualifications and plans.
Wed, 20 Nov 2024 20:07:00 -0500
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Can Democrats fill judicial vacancies before January?
https://www.cbsnews.com/video/democrats-fill-judicial-vacancies-before-january/
President-elect Donald Trump is urging Republicans to slow down President Biden's judicial nominations before January. There are currently 44 vacancies, and 14 of Mr. Biden's nominations await Senate approval. Wall Street Journal Supreme Court correspondent Jess Bravin joins "The Daily Report" to discuss.
Wed, 20 Nov 2024 19:59:00 -0500
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What to know about "Rust" as the Alec Baldwin movie premieres
https://www.cbsnews.com/video/what-know-about-rust-alec-baldwin-movie-premieres/
Alec Baldwin's movie "Rust" premiered at a film festival in Poland on Wednesday, over three years after cinematographer Halyna Hutchins was killed on set. CBS News foreign correspondent Chris Livesay reports.
Wed, 20 Nov 2024 19:52:00 -0500
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Trump promises to use U.S. military in mass deportation plans
https://www.cbsnews.com/video/trump-promises-use-us-military-mass-deportation-plans/
President-elect Donald Trump vowed to use the U.S. military to carry out his mass deportation plans. CBS News immigration and politics reporter Camilo Montoya-Galvez reports on the plan's legality and other border news.
Wed, 20 Nov 2024 19:46:00 -0500
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Update on bomb cyclone damage, conditions
https://www.cbsnews.com/video/update-bomb-cyclone-damage-conditions/
A bomb cyclone, or a low-pressure system that strengthens over 24 hours, moved through the Pacific Northwest, killing two people. Washington, California and Nevada residents experienced widespread power outages and heavy rain. CBS News correspondent Carter Evans has more.
Wed, 20 Nov 2024 19:40:00 -0500
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Biden to provide antipersonnel mines to Ukraine
https://www.cbsnews.com/video/biden-provide-antipersonnel-mines-ukraine/
The U.S. Embassy in Kyiv, Ukraine, temporarily shut down on Wednesday over fears of a possible Russian air attack. Meanwhile, the Biden administration approved antipersonnel mines for Ukraine to slow Russian ground forces. CBS News senior foreign correspondent Holly Williams reports, and former U.S. Ambassador to Ukraine William Taylor has analysis.
Wed, 20 Nov 2024 19:31:00 -0500
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What happens next to the House Ethics Committee's Gaetz report
https://www.cbsnews.com/video/what-happens-next-house-ethics-committees-gaetz-report/
The House Ethics Committee did not reach an agreement on whether to release its report about former Rep. Matt Gaetz on Wednesday. Politico congressional reporter Olivia Beavers has more on the report's future and Gaetz's meeting with Senate lawmakers.
Wed, 20 Nov 2024 19:27:00 -0500
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New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Grace Waterman is among millions of TikTok moms budgeting ahead of the school year. Many have shared their back-to-school hauls on social media, setting tight budgets to limit overspending, and visiting multiple stores to find the best deals. Others have resorted to recycling supplies from last year and purchasing all-inclusive school packs from Amazon to cover the essentials. 'We're going back-to-school shopping on a budget,' Waterman explained in her shopping spree video. 'I have two kids, one who is about to be in kindergarten and one who is going to be in pre-school.' Advertisement At her first stop, she picked up a handful of affordable basics, including two $7 licensed character backpacks, lunch boxes, Play-Doh, markers, crayons, and glue sticks, which came to roughly $57. She has experience budgeting, but still expressed some concerns over prices — and she's not the only one. A late July survey from U.S. News found that 85% of Americans are concerned about back-to-school prices with the threat of tariffs looming. Trump's looming 'Liberation Day' tariff agenda is set to take effect on August 1, imposing a 10% baseline tariff on nearly all countries, along with significantly higher duties on dozens of specific nations. Economists have already warned that tariffs could spike the price of common school supplies. 'My goal is to stick within a budget of $200. I have no idea if this is possible,' she admitted. 'I feel like I can achieve it, because I have a game plan.' Like many other parents, Waterman was also concerned that she 'could be late to the game,' and that certain items may already be out of stock. Another recent survey revealed that 62% of shoppers plan to start their back-to-school shopping before August, which is the highest percentage ever recorded. Waterman admitted that it's challenging to choose between name brands and more affordable options. With her eldest starting public school, she has felt more pressure to buy him certain clothing. 'Should I stick with my budget for it? Or, should I splurge and go get him new shoes?' she asked her followers. 'You know how kids are. Is this an issue for Kindergartners? I don't know. I'm having a lot of mom guilt around it.' During her Walmart haul, she happened to come across some pairs of trendy, affordable sneakers, and even one pair that looked quite similar to Asics for her younger daughter. Those were easier purchases. Water bottles, on the other hand, were shockingly expensive. She spotted one for almost $20, before finding a $5 deal on leak-proof Zak tumblers. 'I got four water bottles total instead of just two. If there's anything that I learned from last year with my oldest, it's to always have a backup; they either leave one at school or they lose one,' she explained. Her Walmart total came to $124, after adding some more pairs of sneakers and essentials like Expo markers, pencils, and scissors. Once back in her car, the mom-of-two added up her totals from both stores with a slight sigh of relief. 'I'm at $181, so I'm cutting it a little bit close,' she shared. 'If I want to stick within my $200 budget, I have $20 left to go clothes shopping.' Waterman is not the only shopper struggling to find solid back-to-school deals. With the school season looming, shopping in person has become increasingly difficult. Certain retailers, including Amazon and Walmart, have dedicated back-to-school sections with daily deals to help parents save. Shop essentials from Waterman's list below, plus more affordable school supplies from Amazon and Walmart. Best Back-to-School Deals Under $15 Amazon As recommended by teachers, Ticonderoga Wood-Cased Pencils —pre-sharpened and ready to go —are the kind of no-nonsense essential that makes day one easier. It's a simple deal, but a smart one: quality that lasts, minus the hassle. Amazon A classroom staple that just works, these purple glue sticks are easy for kids to use on a variety of projects. It goes on purple so they see where it's been, dries clear so their work stays neat. It's a smart, stress-free pick for any back-to-school list. Amazon Play-Doh is a colorful classic that earns its spot on any back-to-school list. Whether it's for classroom projects or after-school play, it keeps little hands busy and imaginations active. This 10-pack also comes in a variety of colors for all your kiddos' creations. Amazon With a whopping 50,000 reviews and counting, the Bentgo Classic All-in-One Stackable Lunch Box is the ultimate portable option for school. With separate compartments and a sleek design, it keeps meals fresh and mess-free. It's a smart, reusable choice that simplifies the morning routine. Amazon Keep things organized with a stack of Post-it Super Sticky Notes. These come in assorted bright colors and make school and after-school life a little bit easier — teacher-approved, ADHD-friendly, and super sticky so you can't miss them. Amazon With bright, bold colors and washable ink, these Crayola markers make creativity super fun — and cleanup a breeze. Perfect for doodles, drawings, and colorful masterpieces, they're ready for all the big ideas and little hands. Amazon For more advanced math classes, grab the Texas Instruments TI-30XIIS Scientific Calculator. Impressively, it's 44% off and a No. 1 Amazon best-seller. Plus, it includes everything you'd need — from logs to degrees and radians. Amazon These colorful rulers are another back-to-school essential, delivering accurate measurements for everything from notes to sketches. The clear, durable design makes them easy to use and hard to break. A straightforward, reliable tool every student needs in their pencil case. Amazon Pick up a pair of headphones designed with kids in mind. Perfect for remote learning, video calls, or winding down with music or audiobooks, they offer clear sound in a lightweight, travel-friendly design. Foldable, durable, and made to keep up, they're built for school days and beyond. Amazon Add a pop of color and smooth writing to every note and doodle with Paper Mate InkJoy Bright Gel Pens. With vibrant, bright ink that flows effortlessly, they make writing feel fun and fresh. Perfect for school and journaling. This article was written by Miska Salemann, New York Post Commerce Journalist. 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New York Post
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eBay, Etsy warn Trump's surprise move to end ‘de minimis' duty-free rule hurts sellers
Americans shopping for secondhand, vintage or handmade items on platforms like eBay and Etsy face steep customs duties on international purchases next month, potentially hurting trade on those peer-to-peer sites. In a surprise move late on Wednesday, President Trump ordered the removal of 'de minimis' duty-free treatment on parcels under $800 from all countries, starting Aug. 29 -— bringing forward a change previously set for July 2027. The acceleration follows pressure from groups that argue the exemption facilitates fentanyl smuggling and has led to a flood of cheap products entering the US duty-free, undermining US retailers and manufacturers. 3 eBay and Etsy were among US businesses that spoke out against the policy when Customs and Border Protection asked for feedback on the proposal to remove de minimis. Getty Images Trump ended duty-free access for low-value parcels from China and Hong Kong at the start of May, disrupting ecommerce flows for online retailers like Shein and Temu. According to Customs and Border Protection, 1.36 billion shipments entered the US under de minimis last year, for a total value of $64.6 billion. eBay and Etsy were among US businesses that spoke out against the policy when CBP asked for feedback on the proposal to remove de minimis. 'These exemptions are a powerful tool that helps small creators, artisans, and makers participate in and navigate cross-border trade,' Etsy's global head of public policy and advocacy Jeffrey Zubricki wrote in a submission to CBP in March. 'Many American Etsy sellers rely on de minimis to import and export products with key trading partners, sustaining their businesses and generating income to support their families.' The majority of Etsy's 5.6 million active sellers and nearly 90 million buyers are in the US. Etsy did not immediately respond to a request for comment on Thursday. 3 'Many American Etsy sellers rely on de minimis to import and export products with key trading partners, sustaining their businesses and generating income to support their families,' an Etsy executive said. REUTERS eBay also urged the customs agency to reconsider, arguing that de minimis gives American consumers access to 'a global market to find value at lower prices, particularly for used goods and a unique, collectible inventory that is not available domestically.' In a results call on Wednesday, eBay CEO Jamie Iannone flagged the elimination of de minimis outside of China as a potential disruption that may impact revenue. eBay did not immediately respond to a request for comment. Goods shipped through the postal system will face one of two tariffs: either an 'ad valorem duty' equal to the effective tariff rate of the package's country of origin or, for six months, a specific tariff of $80 to $200 depending on the country of origin's tariff rate. 3 Trump ended duty-free access for low-value parcels from China and Hong Kong at the start of May, disrupting ecommerce flows for online retailers like Shein and Temu. Christopher Sadowski It is the latest headache for small businesses grappling with hefty import tariffs imposed by Trump, driving up costs, forcing many to hike prices and fueling concerns that Americans will be paying more for everyday goods. 'The complexity of doing business with the US has gone to levels nobody could have imagined,' said Andrew Wilson, deputy secretary general of the International Chamber of Commerce. He also questioned whether US authorities can handle the tariff collections, potentially leading to delays and backlogs. 'Is border trade equipped to manage the checks and duties collection? If not, what happens with customs backlogs? It's a huge additional burden from next month,' said Wilson.
CNBC
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How wealthy yacht buyers plan to avoid the European tariffs
American boat buyers and European shipyards are scrambling to assess the damage from the proposed U.S. 15% tariffs on European-made goods. With many of the world's recreational boats and yachts made in Europe, and most of the biggest buyers in the U.S., industry experts are bracing for the fallout from President Donald Trump's Monday tariff announcement. The European Boating Industry issued a statement this week saying, "The U.S. is the most important export market for the recreational boating industry in Europe. The 15% tariff rate presents serious challenges for businesses in Europe." Granted, most Americans can who buy a $10 million or $100 million yacht can likely afford another 15% tax. Yet brokers said the cost equation for many buyers will change with the tariffs. "I don't know any stupid rich people," said Kevin Merrigan, chairman of Northrop & Johnson, the yacht brokerage firm. "What matters to them matters. If they hear they're going to have to spend another 15%, it has an impact." The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them. Subscribe here to get access today. Most boat contracts require the builder to pay duties. Yet attorneys said the new tariffs aren't likely to fall under existing duties, and the buyers will likely have to pay a portion, if not the majority. Brokers said many buyers who purchased their yachts a year or two ago — since a specialized build can take three years from start to finish —are negotiating now with the shipyards. In the meantime, brokers said the wealthy will do what they typically do when faced with a new tax — find a way around it. The most common strategy will likely be to register the boat in another country, known as "foreign flagging." An American buyer can register their yacht in one of several countries that have agreements with the U.S. The most common are the Cayman Islands, the Marshall Islands, Malta and Jamaica, brokers said. By registering the yacht abroad, the owner can enter the U.S. as a visiting vessel and therefore avoid the tariff. There are restrictions and rules, and special cruising permits are required. And it can cost $5,000 to over $20,000 to register in another country. But the savings on a multimillion-dollar yacht are substantial. "If it's never technically imported and it never crosses the customs border line, the tariff doesn't apply," said Michael Moore, a maritime attorney with Moore & Co. Registering in another country usually only makes financial and logistical sense for larger yachts, while smaller boats (say, those under 45 feet) will still likely end up paying the tariff. In that sense, the new tariff regime will create a new class of have-yachts and have-superyachts, with the super-yachters best equipped to escape the 15% tax. Brokers said the tariffs could increase demand for U.S. yacht makers like Westport, Trinity or Burger Boat Company. And with demand for preowned yachts in a slump after a post-Covid surge, many hope sales and prices for preowned yachts already registered in the U.S. will strengthen. "That's my hope," Merrigan said. "That's what we're all hoping."
