By Matt Egan, CNN Democratic Sen. Ron Wyden is drawing up a surtax on Big Oil that would seek to rein in the industry’s skyrocketing profits at a time when gasoline prices are at record highs. Wyden, an Oregon Democrat who chairs the Senate Finance Committee, is floating a 21% surtax on the excess profits
Continue ReadingBy Allison Morrow, CNN Business Supply chain problems and inflation have hit virtually all consumer goods, but women who menstruate are now facing an added strain as a shortage of period products hits the United States. Top retailers and manufacturers acknowledged the shortages this week, confirming complaints that have been circulating on social media for
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TODAY: Showers and storms will continue throughout Friday morning, with the most widespread activity expected in the morning. We will likely see rain on radar this afternoon, but it will be very isolated, with much more dry time, especially along and north of I-70. Some sunshine may peak through the clouds through the late morning
Continue ReadingBy Cheri Mossburg and Kacey Cherry, CNN Britney Spears’ ex-husband was arrested and charged with trespassing and battery after crashing her wedding Thursday at her California home, police said. The pop star was set to marry Sam Asghari at her hillside mansion in Thousand Oaks when Ventura County Sheriff’s deputies were called to the residence
Continue ReadingBy Jamiel Lynch, Tina Burnside and Jarrod Wardwell, CNN A man was shot and killed by police near an Alabama elementary school Thursday afternoon after attempting to take a school resource officer’s gun, authorities said. At least 34 students were inside Walnut Park Elementary School when the man earlier tried to open two doors leading to the school, Gadsden
Continue ReadingBy Jamie Gangel, Annie Grayer, Zachary Cohen and Jeremy Herb, CNN Conservative Republican election attorney Ben Ginsberg will be among the witnesses testifying Monday before the House select committee investigating the January 6, 2021, attack on the US Capitol, as the panel seeks to scrutinize how former President Donald Trump’s election lies led to the
Continue ReadingBy Deidre McPhillips, CNN Dozens of international flights loaded with baby formula have already come into the United States, but formula stock rates are not improving. Experts say it will take at least another couple months for this to change, as both supply levels and consumers’ perspectives level out. Through Operation Fly Formula, the White
Continue ReadingBy Julia Horowitz, CNN Business The latest data on consumer prices in the United States showed that annual inflation unexpectedly rose to a 40-year high in May, underscoring concerns about household finances and piling pressure on political leaders who say they’re doing everything they can to address the problem. What’s happening: The Consumer Price Index
Continue ReadingBy Alexandra Meeks, CNN Although President Joe Biden would surely rather be talking about gas prices going down, he’s now targeting drivers’ key concerns about buying electric vehicles so they can avoid high prices at the pump entirely. On Thursday, the Biden administration proposed a rule to standardize about 500,000 electric vehicle chargers across the
Continue ReadingBy Alexandra Meeks, CNN Although President Joe Biden would surely rather be talking about gas prices going down, he’s now targeting drivers’ key concerns about buying electric vehicles so they can avoid high prices at the pump entirely. On Thursday, the Biden administration proposed a rule to standardize about 500,000 electric vehicle chargers across the
Continue ReadingBy Jason Hanna, Elizabeth Wolfe and Elizabeth Joseph, CNN In his first extensive public comments about his actions during last month’s Texas school massacre, the Uvalde school police chief has contradicted previous narratives about his role, telling the Texas Tribune that he didn’t consider himself the incident commander and did not instruct officers to refrain
Continue ReadingBy Veronica Stracqualursi, Kylie Atwood, Mostafa Salem and Adam Pourahmadi, CNN US Secretary of State Tony Blinken said Thursday that it will “further complicate” efforts to salvage the 2015 Iran nuclear deal if Iran removes cameras that monitor its nuclear program and could lead to “a deepening nuclear crisis and further economic and political isolation
Continue ReadingBy Jeremy Herb, Marshall Cohen, Zachary Cohen and Alex Rogers, CNN The House select committee investigating the January 6, 2021 US Capitol attack held its first prime-time hearing Thursday evening, detailing the findings of the panel’s investigation and playing new video from closed-door depositions of members of former President Donald Trump’s team and depicting the
Continue ReadingBy Aya Elamroussi and Andy Rose, CNN A woman who was turned over to officials at an Arizona church as a baby more than four decades ago has been identified through DNA as the daughter of a Florida couple whose murdered bodies were found in Texas in 1981, officials said Thursday. Investigators are still working
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Continue ReadingBy Ivana Kottasová, CNN Russia’s war in Ukraine could push up to 49 million people into famine or famine-like conditions because of its devastating impact on global food supply and prices, the United Nations has said, in the latest dire warning over food insecurity. With its fertile soil and sprawling agricultural lands, Ukraine has long
Continue ReadingBy Dana Bash, Jake Tapper and Jeremy Herb, CNN Former President Donald Trump had a “sophisticated seven-point plan” to overturn the 2020 presidential election over the course of several months, January 6 committee Vice Chair Liz Cheney said, detailing how the panel plans to use its future hearings to tackle each part of the scheme.
Continue ReadingBy Kristen Holmes, CNN A day after the House January 6 committee revealed previously unseen video of former President Donald Trump’s daughter and senior adviser, Ivanka Trump, saying she accepted then-Attorney General Bill Barr’s statement that the Justice Department found no fraud sufficient to overturn the election, the former President is responding, saying she had
Continue ReadingBy Jeremy Herb, Marshall Cohen, Zachary Cohen and Alex Rogers, CNN The House select committee investigating the January 6, 2021 US Capitol attack held its first prime-time hearing Thursday evening, detailing the findings of the panel’s investigation and playing new video from closed-door depositions of members of former President Donald Trump’s team and depicting the
Continue ReadingBy Paul LeBlanc, Jeremy Herb and Katelyn Polantz, CNN The Democratic chairman of the House select committee investigating the January 6, 2021, attack on the US Capitol said Thursday that the panel will present witnesses describing conversations between extremist groups and members of former President Donald Trump’s orbit. Asked by CNN’s Jake Tapper whether there
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