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Video game retailer GameStop on Wednesday announced it has bought 4,710 bitcoin, worth over $500 million, in its first big crypto push.GameStop’s stock price jumped 92 cents, or 2.6%, to $35.97 before the start of trade Wednesday. The shares, dubbed a “meme stock” in recent years as retail investors piled into the company despite its lack of profits, has surged more than 84% over the last 12 months.—This is a developing story and will be updated. Megan Cerullo Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics.…

I soon realized that neither the law nor the facts matter to the Committee on Education’s Republican inquisitors. Ad Policy Wendy Raymond, president of Haverford College; Robert Manuel, president of DePaul University; David Cole, a professor at Georgetown Law and former legal director of the ACLU; and Jeffrey Armstrong, president of California Polytechnic State University testify during a hearing before the House Education and Workforce Committee at the Rayburn House Office Building on May 7, 2025, in Washington, DC. The committee held a hearing on “Beyond The Ivy League: Stopping the Spread of Antisemitism on American Campuses.” (Alex Wong /…

Vice President JD Vance is speaking Wednesday at a Bitcoin conference, marking the Trump administration’s latest overture to the cryptocurrency industry — a once-fringe business that President Trump and his allies have embraced in recent months.Vance is set to speak at noon ET at the Bitcoin 2025 Conference in Las Vegas. A longstanding backer of cryptocurrencies, Vance owned between $250,000 and $500,000 worth of Bitcoin, according to an August 2024 financial disclosure.The Las Vegas event will feature a handful of other Trump backers: His two eldest sons Donald Trump Jr. and Eric Trump, who have invested in crypto ventures, are…

5/27: CBS Evening News Plus – CBS News Watch CBS News What Trump’s new criticism of Putin could mean for Ukraine; Reporter’s Notebook: Trump’s military message clashes with reality in Ukraine Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

Secretary of State Marco Rubio speaks during a hearing of the House Committee on Foreign Affairs on Capitol Hill, Wednesday, May 21, 2025, in Washington. Mark Schiefelbein/AP hide caption toggle caption Mark Schiefelbein/AP WASHINGTON — The State Department has halted the scheduling of new visa interviews for foreign students hoping to study in the U.S. while it prepares to expand the screening of their activity on social media, officials said. A U.S. official said Tuesday the suspension is intended to be temporary and does not apply to applicants who already had scheduled their visa interviews. The official spoke on condition…

5/5: The Takeout: David Sanger – CBS News Watch CBS News Journalist and author David Sanger joins Major Garrett to discuss his new book “New Cold Wars: China’s Rise, Russia’s Invasion, and America’s Struggle to Defend the West,” which details the myriad of challenges the U.S. faces in positioning itself as the leader of the free world amid conflicts around the globe. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

U.S. Capitol Police Chief Thomas Manger, who took charge of the department in the difficult months after the U.S. Capitol siege, is retiring from his position Friday. After the Jan. 6, 2021, Capitol riot, he helped rebuild the department’s shrunken staff, beefed up recruitment efforts and bolstered the agency’s intelligence operations and communications to fix weaknesses revealed by the breach of the Capitol.Manger told CBS News he faced stiff challenges when he arrived on the job in 2021. File: U.S. Capitol Police Chief Thomas Manger is seen prior to testifying before a Senate panel on budget estimates for fiscal year…

Candace Byrdsong Williams has been a manager, a director, and a “global head” of diversity for large and small employers, mostly in the tech industry, since 2007. She was laid off last August and she has seen companies abruptly take down job postings for anything diversity-related. Cornell Watson for NPR hide caption toggle caption Cornell Watson for NPR Candace Byrdsong Williams has filled the front room of her sunlit North Carolina home with sources of inspiration. Overflowing plants and photos of her three daughters share space with a brightly-painted sign of a favorite Bible verse: “God is within her, she…

Elon Musk says he is “disappointed” by the price tag on the domestic policy bill passed by Republicans in the House last week and heavily backed by President Trump, the billionaire who recently stepped back from running the Department of Government Efficiency, or DOGE, told “CBS Sunday Morning” in an exclusive broadcast interview.”I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing,” Musk said.Musk’s comments appear to put him at odds with Mr. Trump, who has championed the massive spending package.…

The WNBA says it cannot substantiate claims that racist fan behavior took place during a game in Indianapolis between the Chicago Sky and Indiana Fever earlier this month.The league said its investigation included gathering information from fans, team and arena staff, as well as an “audio and video review of the game.””We appreciate the quick action by the league and the Indiana Fever to take this matter seriously and to investigate,” Chicago Sky CEO and President Adam Fox said in a statement. “This process demonstrates the league’s strong stance on stopping hate at all WNBA games and events, and we…