Domain: cbsnews.com

News division of the American television and radio service CBS

CBS News is the news division of the American television and radio broadcaster CBS. CBS News television programs include the CBS Evening News, CBS Mornings, news magazine programs CBS News Sunday Morning, 60 Minutes, and 48 Hours, and Sunday morning political affairs program Face the Nation. CBS News Radio produces hourly newscasts for hundreds of radio stations, and also oversees CBS News podcasts like The Takeout Podcast. CBS News also operates CBS News 24/7, a 24-hour digital news network.

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Inflation Drop Hints at Future Mortgage Rate Decreases

February's inflation decreased to 2.8%, defying expectations and potentially signaling lower mortgage rates in the future, although experts remain divided on the timing and magnitude of any rate drops.

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52% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Falling Inflation Spurs Interest in Home Equity Loans

US inflation fell to 2.8% in February, prompting consideration of home equity loans as a potentially cheaper borrowing option than personal loans or credit cards due to their lower (8.40%) and fixed interest rates, but borrowers are urged to proceed cautiously.

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48% Bias Score

Reduced Inequality
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US, Ukraine Propose 30-Day Ceasefire with Russia

The U.S. and Ukraine proposed a 30-day ceasefire with Russia following talks in Jeddah, Saudi Arabia, with the U.S. pledging to immediately lift a freeze on intelligence sharing and $1 billion in military aid to Ukraine, contingent on Russia's reciprocal action.

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36% Bias Score

Peace, Justice, and Strong Institutions
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Duterte Arrested: ICC Warrant for Crimes Against Humanity

Former Philippine President Rodrigo Duterte was arrested in Manila on Tuesday on an ICC warrant for crimes against humanity related to his 2011-2019 anti-drug campaign that killed thousands; his allies protested the arrest, claiming constitutional rights violations, while the ICC cited its jurisdict...

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36% Bias Score

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Social Security to Recover 100% of Overpaid Benefits Starting March 27

The Social Security Administration will reclaim 100% of overpaid benefits starting March 27, 2024, reversing a previous 10% cap and potentially causing significant financial hardship for some beneficiaries due to the agency's own errors or beneficiaries' failure to update information, totaling $72 b...

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52% Bias Score

Reduced Inequality
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North Sea Tanker Collision Poses Significant Environmental Risk

A cargo ship and oil tanker collided in the North Sea on Monday near protected marine areas, releasing jet fuel and raising concerns about environmental damage and impacts on fishing; initial reports of sodium cyanide on the cargo ship were incorrect.

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36% Bias Score

Life Below Water
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US Inflation Falls to 2.8%, Affecting Interest Rates and Savings Strategies

US inflation dropped to 2.8% in February, the first decline since September, prompting speculation about future Federal Reserve rate cuts while highlighting the appeal of long-term Certificates of Deposit (CDs) as a savings strategy.

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48% Bias Score

Reduced Inequality
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Managing Old 401(k) Plans: Rollover Options and Tax Implications

To manage old 401(k)s, check the balance; balances over \$7,000 allow for rollover to an IRA or new 401(k), or keeping it; below \$7,000, options may be limited; direct rollover avoids tax withholding.

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NOAA Job Cuts Jeopardize Weather Forecasting and Public Safety

On February 27th, 2024, over 800 NOAA employees were fired as part of a federal cost-cutting initiative, raising concerns about the accuracy of weather forecasts and public safety due to reduced staff and operational shutdowns.

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60% Bias Score

Climate Action
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Gold Prices Surge Past \$2,900 Amidst Economic Uncertainty

Gold prices hit record highs exceeding \$2,900 per ounce in February 2024 due to inflation, a weak dollar, and economic uncertainty; investors see it as a safe haven, increasing demand.

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44% Bias Score

Reduced Inequality
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🌐 85% Global Worthiness
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Trump's Trade War: Texas to Lose 370,000 Jobs, \$47 Billion Annually

President Trump's trade war will cost Texas an estimated 370,000 jobs and \$46-47 billion annually due to its strong trade relationships with Mexico and Canada, impacting multiple sectors and causing inflation.

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44% Bias Score

Decent Work and Economic Growth
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Judge Blocks Deportation of Pro-Palestinian Activist

A federal judge temporarily blocked the Trump administration's attempt to deport Mahmoud Khalil, a pro-Palestinian activist and Columbia University student, who was arrested Saturday and faces deportation proceedings; protests erupted in Lower Manhattan.

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56% Bias Score

Peace, Justice, and Strong Institutions

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