New York to launch first cannabis education campaign – CBS News

“It’s really rooted in science, which is absolutely critical,” said Dr. “We’ve seen candy, food infused with cannabis. “There’s an incredible amount of stigma around cannabis and cannabis use,” said Chris Alexander, director of the Office of Cannabis Management. “One of the key messages early on is safe storage. It’s also meant to arm them […]

Jobless claims recede as labor market stays strong – CBS News

Jobless claims fell by 15,000 to 214,000 for the week ending March 12, down from the previous week’s 229,000, the Labor Department reported Thursday. The four-week average for claims, which compensates for weekly volatility, fell to 223,000 from the previous week’s 231,750. Earlier this month, the government reported that employers added a robust 678,000 jobs […]

“Meme stocks” have returned to Earth — and to a changed market – CBS News

Yet while the shares of companies like GameStop and AMC Entertainment have slumped since skyrocketing early last year, they haven’t nosedived as many establishment experts predicted. Last year’s heady rush into heavily shorted stocks gave embattled companies such as GameStop, Bed Bath & Beyond and dozens of others a new, if tentative, lease on life. […]

Congress is spending billions on carbon capture. Is it a climate savior or a boondoggle? – CBS News

Carbon capture, which removes CO2 emissions from high-polluting sources like industrial facilities or power plants, could play an increasingly important role in global efforts to stave off the worst effects of climate change, according to international regulatory bodies. Globally, we will need to capture about 4 billion to 7 billion tons of carbon dioxide annually […]

Apple becomes first U.S. company to reach a market value of $3 trillion – CBS News

In early afternoon trading, the shares slipped from the intra-day high, putting its value at just below that mark. The milestone is even more notable given that it was less than four years ago that Apple topped $1 trillion in value in 2018. “With considerable uncertainties for global economies and global markets, Apple seems to […]

U.S. housing boom roars as home prices surge 18.4% in October – CBS News

The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, climbed 18.4% in October from a year earlier. The COVID-19 pandemic has driven many Americans, tired of being cooped up at home during lockdowns and office closures, to seek homes in suburban areas that provide more space and are not as congested as apartments in big cities. […]