By Chris Isidore, CNN Business Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people unable (or unwilling) to go to the gym, consumers rushed to buy its exercise equipment and, more importantly, sign up for its online classes. Peloton posted its first quarterly profits in calendar year 2020 as revenue jumped
Continue ReadingBy Anna Bahney, CNN Business Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health of the US economy. The 30-year fixed-rate mortgage averaged 5.55% in the week ending August 25, up from 5.13% the week before, according to Freddie Mac. That is significantly
Continue ReadingBy Kathleen Magramo, Jack Guy, Ed Upright, Aditi Sangal, Meg Wagner, Adrienne Vogt, Elise Hammond and Maureen Chowdhury, CNN The-CNN-Wire™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Continue ReadingBy Fredreka Schouten, CNN Two counties in the crucial swing state of Nevada have appointed officials who have cast doubts about the 2020 election to oversee their elections this fall — raising alarms among voting rights advocates less than three months before Election Day. In Northern Nevada, commissioners in Storey County, a rural county of
Continue Reading
With the new school year underway, many districts are left wondering how they can keep their staff and students safe after mass shootings like the one at Robb Elementary in Uvalde, Texas.
Continue ReadingBy Nectar Gan, CNN The Chinese metropolis of Chongqing has rolled out mass Covid testing in its central area amid a record heat wave, leaving millions of residents standing under the sun for hours as they struggle with extreme temperatures and power shortages. Stringent zero-Covid measures enacted by the southwestern mega city to contain an
Continue ReadingBy Tierney Sneed, CNN The next steps in the legal fight to bring more transparency into the FBI’s search of former President Donald Trump’s Florida home will largely take place in secret. In the coming days, US Magistrate Judge Bruce Reinhart — who approved the warrant the FBI used to search Mar-a-Lago earlier this month
Continue ReadingBy Eric Bradner and Chris Boyette, CNN The Columbus, Ohio, teachers’ union and the Columbus Board of Education have reached a “conceptual agreement,” ending a strike and allowing students to return to classrooms next week, the school district announced early Thursday morning. The Columbus Education Association confirmed the agreement on Twitter, saying the “comprehensive conceptual
Continue ReadingBy Marshall Cohen, CNN Former Attorney General Bill Barr concluded that then-President Donald Trump couldn’t be charged with obstructing the Russia probe because there wasn’t an underlying conspiracy between his campaign and Russia, breaking with special counsel Robert Mueller’s view on the matter, according to a newly unredacted memo released by the Justice Department. The
Continue ReadingBy Nicole Chavez, CNN Huey German-Wilson has spent six years trying to get rid of piles of tires, mattresses, and other debris that have marred the streets of her Houston neighborhood. “It steals our dignity,” said German-Wilson, 58, an activist living in Houston’s Trinity / Houston Gardens neighborhood. “I’ve seen the (neighborhood’s) dignity slowly fade
Continue Reading
The Downtown Columbia Leadership Council heard local business owners’ complaints about the Wabash Bus Station at its meeting Wednesday.
Continue ReadingBy Amir Vera, Joe Sutton, Eric Levenson and Ashley Killough, CNN With the new school year in Uvalde, Texas, just over a week away, Superintendent Hal Harrell gave an update Monday night on new security measures across the district in the wake of the May 24 massacre at Robb Elementary School, including the hiring of
Continue ReadingBy Rosa Flores and Rosalina Nieves, CNN On the banks of the Rio Grande, Maverick County Sheriff Tom Schmerber pointed at the spot where just a day earlier a 3-year-old boy had drowned. “Medical attention (was) provided,” Schmerber said. “He died anyway.” The boy’s white t-shirt had a murky tinge in a post-mortem photo. Schmerber
Continue ReadingBy Tami Luhby, CNN President Joe Biden’s student loan debt relief plan is expected to help mainly working and middle class borrowers, an updated report from an influential research group found. That’s a shift from its earlier projection that more higher-income borrowers would benefit from basic loan forgiveness. About 75% of the benefit will go
Continue ReadingBy Phil Mattingly, Katie Lobosco and Maegan Vazquez, CNN President Joe Biden on Wednesday announced historic new steps to address student loan debt, which includes forgiving up to $20,000 for millions of borrowers and extending the payment freeze one final time until the end of the year. “Education is a ticket to a better life.
Continue ReadingBy Amy Cassidy, CNN A 17-year-old has become the youngest person to fly around the world solo in a small aircraft on Wednesday after first taking off on March 23, according to Guinness World Records (GWR). British-Belgian national Mack Rutherford touched down earlier in the day in the Bulgarian capital of Sofia, where his journey
Continue ReadingBy Nick Watt, CNN On an average night in Los Angeles County, more than 60,000 people are homeless. At the same time, there are more than 20,000 vacant hotel rooms. In 2024, residents will get to vote: Should those rooms be offered to the unhoused? “It’s insane. It isn’t going to solve the problem,” says
Continue Reading
Roy Lovelady is now Columbia City Council’s newest member after Tuesday’s election, and he says he is ready to serve Ward 3.
Continue Reading
TONIGHT: Mostly clear with lows falling into the mid-60s. TOMORROW: Partly sunny with a few showers and storms possible by afternoon north of I-70. Highs in the upper 80s to around 90. EXTENDED: Winds will begin shifting to the southwest tomorrow, bringing heat and humidity back to Mid-Missouri for the next few days. A cold
Continue ReadingBy Matt Egan, CNN Business President Joe Biden’s student loan plan is a potential game changer for Americans drowning in debt. And yet the impact on the economy at large is likely to be so tiny that it will be hard to measure. Biden announced Wednesday that his administration will forgive $10,000 for borrowers who
Continue Reading