on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official
good morning. good morning, todd and ashley, all eyes are on mar-a-lago as mr. trump gets ready to leave for new york city to face a judge. in a new truth social post he lays out his plan saying, i will be leaving mar-a-lago on monday at 12 heading to new york and tuesday morning going to the courthouse. america was not supposed to be this way. metal barricades have been set up around the court and trump tower and new york city officials will close key streets as they brace for potential protest. the courthouse will be cleared for a sweep and no other business will be done until trump s arraignment is over. secret service will make sure she is safely brought in. he will not be wearing handcuffs, after an arrangement with the da s office. manhattan grand jury has been looking into trump s role in hush money payments to women who said they had affairs with him. the president denies the allegations and wrongdoing. he s gearing up for a battle, this is something we believe is
they even have a kid together. cbs s nikole killion has the latest on his battleground senate race. the shocking scene in new york city emergency crews respond to a police vehicle hitting multiple pedestrians. and, eye on america. more than two months after kentucky s deadly flooding, cbs s manuel bojorquez spoke with some people who are still struggling. this is the cbs evening news with norah o donnell, reporting from the nation s capital. duncan: good evening to our viewers in the west and thank you for joining us. i m jericka duncan in for norah. we begin tonight with some breaking news cbs news has learned that the f.b.i. has gathered what it believes is enough evidence to support charging president biden s son hunter with crimes related to his taxes and a gun purchase. the f.b.i. has sent the information to the u.s. attorney s office in delaware. an attorney for hunter biden hit back at the allegations. in a statement, attorney chris clark said, it is a f
gasoline. according to triple a, retail gasoline prices are about 6% lower in december than in november but on the flipside of that we have relatively elevated inflation coming still from housing and shelter and rents, as well as what they call core services or services excluding rents and energy, which has been running at about 5.2% over the past four years. a mixed picture there. ~ , ., ~ there. when you think the fed will start to there. when you think the fed will start to reduce there. when you think the fed will start to reduce the - there. when you think the fed will start to reduce the cost i will start to reduce the cost of borrowing. summer saying it was starting march but if you listen to some who are on the policy committee at the fed like john policy committee at the fed likejohn williams, new york s president, he is trying to stop people running away from themselves, isn t he? absolutely. i think the market is a little too aggressive and expecting a breakout in the f
summer and that was problematic. cheryl: retail gasoline prices in summer normally tick higher, complicating factor end of zero covid policy in china means more demand for oil coming out of china, that story has the markets rocked this morning. ashley: now mcdonald s is closing a couple offices. cheryl: they are closing all their u.s. offices this week as the company is preparing to send out layoff notices. the company sent out this e-mail informing employees everybody has to work from home today, monday, to wednesday, so the ceo saying some jobs that are existing today are either going to get moved or the jobs may go away. no word on house minority leader jobs will be cut.