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As South Texas Reels From Hurricane Damage, Hawaii Braces For Impact
Heavy rainfall and life-threatening flash flooding continue after Tropical Storm Hanna hit South Texas. Meanwhile, Hurricane Douglas is closing in on the islands of Hawaii.
The Fed's mission improbable: Beating inflation without causing a recession
Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done.
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•
4:05
After promising he wouldn't, President Biden pardons his son Hunter
President Biden has pardoned his son, Hunter -- despite repeated pledges that he would not pardon him. Hunter Biden was convicted of gun crimes and pleaded guilty to tax crimes.
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•
3:35
Colorado, Guns And Politics
In Colorado's 6th Congressional District, likely Democratic candidate Jason Crow is campaigning for more gun control against battle-tested, and NRA-endorsed, incumbent GOP Rep. Mike Coffman.
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•
5:18
Politics chat: Voting rights bills stalled; midterm considerations; Sen. Reid dies
We look ahead to the fight over the two voting rights bills in Congress right now as well as how the 2022 political races are shaping up for the midterm elections.
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•
4:36
Anti-virus shutdowns in China spread as infections rise
Shutdowns that have shut down some of China's biggest cities and fueled public irritation are spreading as infections rise, hurting a weak economy and prompting warnings of possible global shockwaves.
Biden and Brazil's Lula find common ground against violent extremism
It was just over a month ago that hundreds of extremist supporters of former President Jair Bolsonaro, stormed the capital and ransacked the Congress, Supreme Court and the presidential offices.
Judge heard arguments about when Trump's classified documents trial should begin
Attorneys for former President Donald Trump and his aide Walt Nauta were in a Florida courtroom Tuesday. It's the first pre-trial hearing on classified documents ahead of their federal trial.
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•
4:09
Merrill Toxic Asset Sale May Present Model
Last year, private-equity firm Lone Star Funds bought up nearly $6.7 billion of Merrill Lynch's credit debt obligations at 22 cents on the dollar. Could that be the private model the Treasury Department wants others to duplicate? Simon Johnson, a professor at MIT and a former chief economist at the International Monetary Fund, offers his insight.
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0:00
Winter forecast: A warmer North, wetter South because of El Nino, climate change
Most of the country is predicted to be warmer than normal with that warmth stretching north from Tennessee, Missouri, Nebraska and Nevada, along with nearly all of California, say federal forecasters.
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