While many Americans believe it is, that’s not what is really happening, even if the trust fund becomes “exhausted”
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Why Social Security isn’t going broke
While many Americans believe it is, that’s not what is really happening, even if the trust fund becomes “exhausted”
Read more from the original source:
Why Social Security isn’t going broke
Wisconsin’s cheese industry could get caught in the crossfire of a trade dispute between the U.S. and other countries. The uncertainty is being felt by local dairy farmers, who are scared of losing business. CBS News correspondent Dean Reynolds reports.
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Wisconsin dairy farmers brace for impact of tariffs
For more than a decade, the U.S. has offered immigrants who join the military a fast track to citizenship. Now, some immigrant recruits and reservists say they’ve been discharged without being given a clear reason. CBS News national correspondent Jericka Duncan reports.
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Immigrant "shocked" to be abruptly discharged from military
In 2003, Army 1st Lt. Jonathan Rozier died in Iraq when his son Justin was just a few months old. Today, Justin cherishes anything that used to belong to his dad, which is why he thought it would be cool to have his car. A stranger stepped in to help. Steve Hartman has his story “On The Road.”
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How a car connects a fallen soldier and his son
Here’s a look at the top stories making headlines on the “CBS Evening News” with Jeff Glor.
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"CBS Evening News" headlines for Friday, July 6, 2018
Rain, heat and pollutants have prompted an outbreak of toxic algae in Florida. Lawmakers there want the governor to declare a state of emergency over Lake Okeechobee’s toxic algae problem. CBS News national correspondent Manuel Bojorquez reports.
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Toxic algae bloom threatens Florida waters
After a heat wave in the East, record-high temperatures hit Southern California. At the same time, nearly 40 large fires are burning in 11 states. CBS News correspondent Carter Evans has the latest.
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Millions in the West deal with dangers of wildfires and extreme heat
NEW YORK (CNN Money) — Move over, Warren Buffett: Mark Zuckerberg is now the third-richest person in the world. The Facebook CEO jumped ahead on Friday with a net worth of $81.6 billion, according to calculations by Bloomberg. That put him about $373 million in front of Buffett, the legendary investor and Berkshire Hathaway CEO. Zuckerberg claimed the No. 3 spot on the Bloomberg Billionaires Index because Facebook shares rose 2.4%. The stock has spiked about 15% this year. For the first time, the three richest people alive are all tech titans. Amazon’s Jeff Bezos, worth about $141 billion, is first, followed by Microsoft founder Bill Gates, according to the Bloomberg index. Tech stocks have been a bright spot in a sometimes volatile market this year. Netflix has more than doubled, Amazon has surged 46%, Apple is up about 11%, and Google has gained 9%. Lindsey Bell, an investment strategist with CFRA Research, said last month that she expects tech stocks to help lead the market higher over the next year. Buffett is betting on tech, too. Berkshire Hathaway bought about 75 million shares of Apple stock during the first three months of the year, adding to the 165 million shares it already had. He was relatively late to tech. Buffett didn’t report his first purchase of Apple shares until two years ago. Now Apple is one of Berkshire’s largest holdings. Buffett gives billions of dollars to charity every year. Zuckerberg has pledged to give away 99% of his Facebook shares. The-CNN-Wire By Danielle Wiener Brenner. CNN’s Chris Isidore contributed to this report. & © 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.
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Mark Zuckerberg Is Now Third-Richest Person On Earth
It’s a recurring nightmare, but this year’s early algae bloom could signal one of the worst summers yet
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Toxic algae a slimy mess for aquatic lifeblood of South Florida
Temperatures in Southern California hit record highs as wildfires burn in 11 states
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Millions in the West are dealing with rapidly-spreading wildfires
LOS ANGELES (CBSLA) — A slow-moving SUV pursuit that began in Baldwin Hills continued for nearly an hour into South L.A. Friday and ended with the driver doing push-ups in the roadway before his arrest. (credit: CBS) Police began following the vehicle at Santa Rosalia and Hillcrest at 3:32 p.m. amid suspicion the driver was impaired. Officers made several attempts to stop the vehicle using spike strips. The driver continued weaving through oncoming traffic, traveling eastbound on Imperial Highway. He eventually hit one of the spike strips and continued moving with at least two flat tires. The driver stopped shortly before 4:30 p.m., exited the vehicle and began doing push-ups in the roadway as officers approached. He was then taken into custody.
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South LA Pursuit Ends With Driver Doing Push-Ups In Roadway
A 25-year-old woman now has to take blood thinners for the rest of her life and was told by a doctor that she shouldn’t have children as a result of the bites
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Woman rushed to ER with brown recluse spider bites, then finds dozens more infesting her apartment
A 25-year-old woman now has to take blood thinners for the rest of her life and was told by a doctor that she shouldn’t have children as a result of the bites
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Woman rushed to ER with brown recluse spider bites, then finds dozens more infesting her apartment
TOWN OF BROOKHAVEN, N.Y. (CBSNewYork) – A Long Island teen coping with the sudden loss of her father got an incredible gesture from the local fire department. As CBS2’s Lisa Rozner reports, they pulled off a special surprise – not once, but twice. John Pouletsos served the Terryville Fire Department for 50 years. The man, known for his infectious smile, was a chief, commissioner and, perhaps his most important role, father to 18-year-old Cara. He died of a heart attack in March at 67 years old, a few months shy of his daughter’s senior prom. “He was there when we picked out my dress,” she told Rozner. “He was going to wait in the car and he was like, ‘Oh no, I want to come out, I want to take a picture of you in the dress,’ when I wasn’t even sure what dress I was getting.” So last month, Pouletsos’s firefighters answered a very important call to get that picture for him. “We felt we should be there for John, to be there for her. And that was the first then we said. He wasn’t there to take the picture with her going to her senior prom, so we would,” said Terryville Fire Department Chief Thomas Young. About two dozen men and women crashed the dance and surprised Cara to get that photo. “All of a sudden, I just see all of these guys in uniform, and I was like, ‘What? What’s going on?’” she said. “I don’t think she knew what was going on at first, and then we all settled in, and she was just overwhelmed,” said Young. Two days later, Cara graduated from Comsewogue High School, decorating her cap in her father’s memory. An even bigger crew from the fire department showed up with another surprise, including several engines, brush trucks and ambulances. “They call my name, all of a sudden, the sirens go off, the lights go off, the horns, everythingf,” she said. Her mom, who met her dad while serving in the department herself, caught it all on video. “It’s a terrible tragedy that happened to our family, but the love and support that we’ve received has really carried us through,” said Cheryl Pouletsos. “I just felt like he was there with me… I didn’t feel like I needed to cry, because I felt like with all of them there, that he was there with me,” Cara added. She plans to follow her father’s footsteps. She’ll become a firefighter with the department in the fall, hoping to one day become chief of the department, too.
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LI Teen Who Lost Her Dad Gets Special Prom, Graduation Surprises From Local Fire Department
LEDGEWOOD, N.J. (CBSNewYork) – There’s a cat emergency in New Jersey. More than 170 felines were rescued this week from horrible living conditions in Sussex County. As CBS2’s Cindy Hsu reports, the cats are safe and now in need of forever homes. The animals were found roaming inside and outside a rural home, which had no electricity or running water. An emergency team from St. Hubert’s Animal Welfare Center rescued the 172 cats. They’re now recovering at two of St. Hubert’s shelters in Morris County. The elderly homeowner will not be charged in the case. “It’s an unfortunate circumstance where the original caretaker had passed away a year or two ago and this gentleman was doing his best to care for the animals with food and water,” said Kathleen Schatzmann, of St. Hubert’s. She said the owner loved the cats and finally asked for help. “There’s always an embarrassment factor, an issue of people judging for what has become this overwhelming number of cats on the property,” she said. Many of the cats had parasites, fleas and were underweight. But they’re slowly recovering with medical care, and they’re all being spayed and neutered. “So the major concerns we have in these big hoarding cases with large numbers of animals of diseases we can’t fix and then make the animals unadoptable. We found none of those diseases,” said Karen Dashfield, of St. Hubert’s. Adoptions have already started. So far, they’ve placed eight outdoor cats in barn homes and starting this weekend, they’ll find new homes for the indoor cats. This was the largest cat rescue in the shelter’s 80-year history and it is in need of donations for the cats’ ongoing care. They’re doing their best to give the animals lots of love, even piping in classical music and using aromatherapy to create a calm environment. With so many cats to care for, the animals have been given generic names, like Happycat and Hotcat. Sometimes they’re named after people. “We have decided that we are going to name this little kitty Cindy, in your honor,” Dashfield told Hsu. “She was waiting for a name.” The cats that are ready for adoption will be located at St. Hubert’s shelter in Madison.
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More Than 170 Cats Rescued From New Jersey Home In Need Of New Owners