Dow drops 900 points after first case of Omicron variant in U.S. revealed – CBS News

The wild movements are partly the result of investors struggling to handicap how much damage the newest coronavirus variant will do to the economy. But since climbing out of its early 2020 collapse caused by the first wave of COVID-19, one hallmark of the stock market’s powerful run has been the continued willingness by bargain-hunting […]

Stock market rebounds on hopes Omicron may not be as bad as feared – CBS News

Stock indexes in Shanghai, Tokyo and Hong Kong ended lower, though losses were smaller than Friday’s fall, sparked by reports that the new COVID-19 variant, first spotted in South Africa, appeared to be spreading around the globe. Monday’s rebound comes after stocks on Friday marked their biggest daily loss since February as investors were spooked by the new […]

Kaiser health care worker strike averted as tentative deal is reached, company says – CBS News

Kaiser Permanente and the Alliance of Health Care Unions reached a tentative agreement on Saturday after more than 30,000 Kaiser Permanente employees threatened to strike on Monday due to a labor dispute. After battling the coronavirus pandemic for more than 20 months, union nurses and support staff were asking for higher pay and better working […]

Zillow is selling thousands of homes in hot markets. What’s that mean for buyers? – CBS News

Zillow plans to sell roughly 18,000 homes it already owns or has under contract through its home-flipping business, called Zillow Offers, according a letter to shareholders. Zillow agreed to sell about 2,000 of its homes to Pretium Partners, according to the Wall Street Journal. “We are continuing to sell our remaining inventory the same way […]

Credit report disputes more common in Black and Hispanic neighborhoods – CBS News

are twice as likely to dispute a mistake on their credit report than people in mostly White neighborhoods, according to federal regulators. The CFPB “is telling Congress and advocacy groups that it believes racial factors are in play when it comes to credit bureau errors,” Jaret Seiberg, an analyst with Cowen Washington Research Group, said […]

State attorneys general warn of cannabis edibles that look like snacks and candy ahead of …

Tong cited a report from the American Association of Poison Control which said poison control hotlines received about 2,622 calls for young children who consumed cannabis products in the first half of 2021. New York Attorney General Letitia James said the cannabis edibles are “deceptively designed” to resemble standard treats. A single adult serving size […]

State attorneys general warn of cannabis edibles that look like snacks and candy ahead of …

Tong cited a report from the American Association of Poison Control which said poison control hotlines received about 2,622 calls for young children who consumed cannabis products in the first half of 2021. New York Attorney General Letitia James said the cannabis edibles are “deceptively designed” to resemble standard treats. A single adult serving size […]

3 states lead the U.S. in the rate of workers quitting their jobs – CBS News

Perhaps not coincidentally, those three are among the states with the nation’s lowest minimum wage — the federally mandated rate of $7.25 an hour. By comparison, about 1.7% of workers in Washington, D.C., quit their jobs in August, marking the lowest quits rate among all states recorded in August, according to the data. Nationally, almost […]

“It was a sacrifice that was for naught”: Veterans and Gold Star families react to fall of Afghanistan

Over the last two decades, more than 750,000 American service members have been deployed to Afghanistan. It was there that his battalion lost 25 men. He acknowledged that the Taliban takeover of Afghanistan “did unfold more quickly than we had anticipated,” but said he would not ask more U.S. “I know my decision will be […]

Hunter Woodhall and Tara Davis met at a track meet 4 years ago. Now, the power couple is going …

It’s rare to qualify for the Olympic Games — and it’s even rarer to compete alongside your significant other. Woodhall, 22, is already a two-time Paralympic medalist, winning a silver and a bronze medal in Rio de Janeiro in 2016 in the 200-meter and 400-meter sprints, respectively. “Just seeing Tara in her element, just absolutely […]