Debra Mae Carter, who helped a Christian radio show host bilk senior citizens out of millions of dollars, was sentenced to life in prison on Tuesday.
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The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged. The announcement means policymakers will hold the federal funds rate between 5.25 and 5.50%, the highest level in 23 years. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine the decision.
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In a combative interview at an event hosted by the National Association of Black Journalists in Chicago, former President Donald Trump questioned Vice President Kamala Harris’s racial identity, falsely stating that the presumptive Democratic presidential nominee only recently “became a Black person.” Nikole Killion reports.
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Simone Biles became the most decorated American Olympic gymnast ever with eight medals after she helped Team USA secure gold in the team final on Tuesday. Meanwhile, the U.S. women’s rugby team had a stunning upset when it snatched its first ever medal, winning bronze during the final seconds of its game against Australia.
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BEMER is a technology company pioneering Pulsed Electromagnetic Field Therapy (PEMF) to give people ownership over their health. Just two 8-minute sessions a day can enhance your circulatory system, physical health, and longevity.
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President Biden is expected to give a primetime address on the first night of the Democratic National Convention.
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The Park Fire in California has been raging for a week, destroying homes and forcing thousands to evacuate. In southern California, a new wildfire exploded near San Diego. The Nixon Fire has burned nearly 5,000 acres and has also forced evacuations.
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Angel Di Maria said he will not finish his career in his native Rosario, after a bullet-pierced pig’s head was thrown at a family business.
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Huw Edwards was one of the BBC’s most prominent figures before he was suspended in July 2023 and later resigned for health reasons.
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The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem.
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