Saturday, May 18, 2024
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Author Archives: Stonecom Interactive

How the U.S. credit rating downgrade could impact your finances

One of three major credit firms has downgraded the U.S.’ credit rating from AAA to AA+. “The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management,” Fitch Ratings said in a statement explaining the decision. Javier David, Axios managing editor for business and markets, joined CBS News to discuss the significance of the downgrade and what ... Read More »

Are military coups on the rise in Africa?

The U.S. suspended security cooperation with military forces in Niger a week after soldiers ousted the country’s president and his government. Niger joins a list of African countries to experience military coups since 2020. Associated Press West Africa correspondent Sam Mednick joined CBS News to discuss what’s happening on the ground and if military takeovers have become a pattern in ... Read More »

Asylum seekers forced to sleep on New York City sidewalks

The migrant crisis in New York City is worsening as many asylum seekers waiting to be processed are forced to sleep on sidewalks outside of Manhattan hotels. The mayors of several major U.S. cities, including New York City Mayor Eric Adams, have asked the Biden administration for federal assistance. Meg Oliver reports. Source Read More »

Woman escapes cinderblock cell after kidnapping

An Oregon man is accused of posing as an undercover police officer, abducting a woman and sexually assaulting her before she managed to escape from the cinderblock cell she was being kept in. Authorities are now searching for victims in other states. Jonathan Vigliotti reports. Source Read More »