Higher U.S. gasoline prices stemming from the Iran war could effectively wipe out the fatter tax refunds many Americans are expected to collect this year, a new analysis found. Economists from the Stanford Institute for Economic Policy Research (SIEPR) estimate that the average U.S. household will spend an additional $740 on gas this year because of the jump … Read more
Just 15 vessels were able to pass through the Strait of Hormuz over the last three days, according to an analysis from data intelligence platform Kpler. Matt Smith, an analyst at Kpler, joined CBS News to discuss. Source link
Legal analysis after judge permanently blocks release of Jack Smith report on Trump-documents case – CBS News Watch CBS News A federal judge has permanently blocked the release of a special counsel report on President Trump’s alleged mishandling of sensitive government documents. CBS News legal contributor Jessica Levinson breaks down the decision. Source link
CNN — Millions of Americans could face massive consequences unless Speaker Kevin McCarthy can navigate out of a debt trap he has set for President Joe Biden that is instead threatening to capture his House Republicans. The California Republican traveled to Wall Street on Monday to deliver a fresh warning that the House GOP majority … Read more