Washington — Sarah Bloom Raskin has withdrawn her nomination to a key position on the Federal Reserve Board of Governors, President Biden announced Tuesday afternoon.  Bloomberg first reported her withdrawal, which came the day after Democratic Senator Joe Manchin said he will not support her confirmation. All 50 Democrats needed …

An unknown fan paid more than half a million dollars for the last football Tom Brady threw in an NFL game before retiring last season. But the ball has now lost much of its value after the 44-year-old athlete announced Sunday that he is returning to professional football, experts said. …

With gas prices at record highs across the U.S., an increasing number of governors and state lawmakers are calling for the suspension of gas taxes to provide relief to motorists who are facing the prospect of even higher pump prices as the country cuts off Russian oil imports. Proposals for …

New York — A suspect has been arrested for allegedly attacking Asian women in Manhattan. The NYPD said Wednesday that 28-year-old Steven Zajonc had been arrested and charged with assault as a hate crime, attempted assault as a hate crime, aggravated harassment and harassment. As CBS New York’s Aundrea Cline-Thomas reports, police said seven women …

Amazon is closing all of its brick-and-mortar bookstores, as well as its 4-star shops and pop-up locations, as the online retail giant reworks its physical footprint. The Seattle-based company said Wednesday that the move, which affects 66 stores in the U.S. and two in the United Kingdom, will enable it …

Texas agencies are temporarily restricted from investigating a family for providing their child with gender-transitioning procedures, a Travis County District Court judge said Wednesday. Last week, Governor Greg Abbott ordered state agencies, including the Texas Department of Family and Protective Services, to investigate gender-transitioning procedures as child abuse. The temporary restraining …

Stocks closed down for a second straight week in the U.S.— and sunk deeper into the red for 2022 so far — as investors assess the risks from escalating tensions in Ukraine and a shift in monetary policy by the Federal Reserve.  After another day of turbulence, the Dow and the S&P …

There were 131 incidents of sexual assault reported at the military service academies in the 2020-2021 academic year, according to the Pentagon’s annual report on sexual harassment and violence that was released Thursday. It’s the highest number since the Pentagon began tracking the data.  The report showed a 7% increase …

A girl who was 4 years old when she was reported missing in 2019 has been found, police in New York announced Tuesday. Authorities said they discovered Paislee Shultis under a staircase in a home with her non-custodial parents. Shultis was first reported missing from Cayuga Heights in New York …

Jerry Harris, the former star of Netflix’s “Cheer” docuseries, pleaded guilty in federal court on Thursday to one count of receiving child pornography and one count of traveling with the intent to engage in illicit sexual conduct, the U.S. Attorney’s Office confirmed to CBS Chicago. The 22-year-old has been held …