A new study by pet safety company Dog-G8 shows that Memorial Day weekend increases the risk of dogs going missing due to busy holiday routines and travel. The study identifies the states with the highest rates of lost dogs and explains that many dogs escape from everyday situations like open doors or being startled.
Key Facts
About 10 million pets go missing in the US each year.
Shelters see more stray dogs around Memorial Day, with the trend continuing into summer.
Rhode Island has the highest lost-dog rate, with 7,807 lost dogs per 100,000 dog-owning households.
Utah ranks second with 7,013 lost dogs per 100,000 dog-owning households.
Lost-dog risk is influenced by local habits, outdoor activities, and holiday routines, not just dog population size.
Most lost dogs stay close to where they disappeared; 70% are found within a mile, and 42% within about a city block.
Dogs often run away due to distractions like open gates, visitors, loud noises, or changes in daily routine.
Memorial Day weekend and summer trips are common times for pets to escape.
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Stew Leonard Jr., leader of the Stew Leonard's grocery stores, spoke about how rising prices from inflation affect grocery shopping. He explained challenges in managing costs as groceries become more expensive.
Key Facts
Stew Leonard Jr. is the president and CEO of Stew Leonard's grocery chain.
Inflation is causing grocery prices to increase.
Higher costs are impacting how grocery stores operate.
Stew Leonard Jr. discussed these issues on CBS News.
Consumers are facing higher prices at the grocery store.
The interview focused on strategies to handle inflation’s effects on food costs.
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Chinese fast-fashion company Shein is buying Everlane, a retailer known for eco-friendly and ethical clothing. Everlane’s CEO says the company will stay independent and keep its focus on sustainability with Shein’s financial support.
Key Facts
Everlane was founded in 2011 with a goal to offer affordable, eco-friendly clothing.
The company has faced worker treatment controversies in recent years.
Shein, a leading fast-fashion company from China, is acquiring Everlane.
Everlane’s CEO Alfred Chang confirmed the deal and will remain in charge.
Everlane will continue as its own brand and maintain its sustainability promises.
Everlane’s sales have declined, and it has increasing debt, requiring new ownership.
Shein’s purchase is expected to provide financial stability for Everlane.
The deal may affect how some Everlane customers view the brand due to Shein’s fast-fashion reputation.
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Spending on artificial intelligence (AI) technology is currently helping the U.S. economy grow, even though consumer spending is weak. However, if companies reduce their AI investments, economic growth may slow down and the stock market could drop.
Key Facts
AI capital spending means companies are investing money to develop and use AI technology.
This spending is currently supporting overall economic growth in the U.S.
Consumer spending, which is money people spend on goods and services, is currently weak or soft.
If companies cut back on AI investments, the economy may slow down.
A slowdown in growth could lead to the stock market entering "bear territory," which means prices would drop by 20% or more.
The current boost from AI spending is temporary and may not last forever.
Economic growth depends on multiple factors, including both consumer spending and business investments.
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A bank levy happens when a creditor freezes money in your bank account after winning a court judgment. The freeze usually lasts from a few days to a few weeks, depending on state laws and bank procedures, but it is not always permanent. Some funds, like Social Security or veterans’ benefits, may be protected from being taken, though sometimes you must prove that to the court.
Key Facts
A bank levy can freeze your bank account quickly after a creditor obtains a court judgment against you.
The freeze period often ranges from a few days to a few weeks but varies by state and bank rules.
Some money, including certain federal benefits like Social Security and veterans’ payments, is usually protected from bank levies.
Protected funds may need extra paperwork or a court hearing if mixed with other money.
Government agencies collecting taxes or child support have stronger powers and may use different rules for freezing accounts.
The account can remain partially frozen longer if disputes or additional legal steps happen.
Not all debts qualify for a bank levy, and private creditors and government agencies follow different procedures.
Understanding your rights and protections is important if your bank account is frozen by a levy.
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The Farmer's Dog, a dog food company, was created to provide healthier, home-cooked style meals for dogs after seeing traditional dog food often lacked proper nutrients. The company partners with media like CBS Mornings and Oprah's podcast to highlight the bond between dogs and humans and promote pet health.
Key Facts
The Farmer's Dog was inspired by a sick dog named Jada, whose health improved after switching to home-cooked meals.
Traditional dog food is often highly processed and may not have all the necessary vitamins and minerals.
The company aims to improve dog health through fresher, nutrient-rich food.
They partnered with CBS Mornings during National Pet Month to celebrate the dog-human bond.
The Farmer's Dog is collaborating with The Oprah Podcast to share stories about dogs and their owners, including a military veteran and a service dog.
Oprah Winfrey, a well-known dog lover, supports the effort to keep dogs healthy and happy.
The CEO believes feeding dogs well is one important way to improve both dog and human health.
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The Australian government has plans for fuel rationing as a backup in case of a fuel shortage. This comes amid warnings from the International Energy Agency that global oil supplies will tighten by August due to problems in the Middle East.
Key Facts
The government may limit how much fuel a vehicle can buy in one day if there is a local fuel shortage.
Fuel rationing is currently a "worst-case scenario" and not expected to be needed soon.
The International Energy Agency warns oil markets will face supply problems by August.
The Department of Climate Change, Energy, the Environment and Water is considering rationing plans if fuel supply management by petrol companies fails.
The federal energy minister can declare a liquid fuel emergency and use powers to direct fuel supply or ration fuel.
Government leaders have publicly said they do not expect to need rationing.
Other countries have limited fuel purchases and asked people to reduce travel during fuel crises.
The government has increased fuel stockpiles by buying extra diesel and jet fuel and included a $10 billion package for fuel security.
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Mortgage interest rates in 2026 have gone up and down a lot. After starting the year near 6%, rates have fluctuated due to factors like inflation, global conflicts, and Federal Reserve decisions, reaching around 6.5% by May.
Key Facts
At the start of 2026, the average 30-year mortgage rate was about 5.99%.
Rates dropped slightly through February and early March, reaching about 5.75%.
A conflict in Iran, higher oil prices, and rising inflation caused rates to rise to over 6.3% by the end of March.
April saw some rate drops, but they rose again by the end of the month due to the Federal Reserve keeping rates steady amid inflation.
By mid to late May, the 30-year mortgage rate climbed to roughly 6.5%.
These rates are still better than many mortgage rates offered in 2023 and 2024.
Borrowers can use mortgage rate locks to secure current rates and protect against future increases.
The Federal Reserve did not raise rates in 2026 so far, but inflation and unresolved global issues continue to influence mortgage rates.
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Wage garnishment takes money directly from a person’s paycheck to repay debt, which can cause serious problems for people already living paycheck to paycheck. Federal and state laws limit how much can be taken, but losing part of a paycheck can make it hard to pay for essentials like rent and groceries.
Key Facts
Wage garnishment happens when a creditor takes money from your paycheck to collect unpaid debt.
Most creditors can take up to 25% of your disposable earnings or the amount over 30 times the federal minimum wage weekly, whichever is less.
Being garnished when you live paycheck to paycheck can make it very hard to pay for things like rent, utilities, and food.
Missing payments due to garnishment can lead to late fees, extra interest, overdrafts, and more debt.
Different debts (taxes, student loans, child support, credit cards, medical bills) have different garnishment rules and limits.
Some states have laws that protect workers by limiting garnishment amounts further.
Wage garnishment can cause stress and force people to delay important spending like medical care or savings.
People may still contest a garnishment or pursue debt relief options to improve their financial situation.
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Byron Allen is taking over Stephen Colbert’s late-night CBS time slot with his show Comics Unleashed. Instead of being paid by CBS, Allen is paying the network for the slot and selling ads himself. Allen also recently bought a majority stake in BuzzFeed and owns several other media properties.
Key Facts
Comics Unleashed will air at 11:35 pm on CBS, replacing Stephen Colbert’s show.
Byron Allen pays CBS for the airtime through a 16-month lease, unlike typical host deals.
Allen sells advertising for Comics Unleashed, making the show profitable for CBS.
The show features five comedians who avoid political, racist, sexist, or offensive humor.
Comics Unleashed has run for 20 years and recently moved to a later time slot on CBS.
CBS canceled The Late Show for financial reasons, but some suspect politics also played a role.
Byron Allen also acquired a majority stake in BuzzFeed, possibly paying up to $120 million.
Allen’s media holdings include the Weather Channel, local TV stations, and Comedy.tv.
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New Gallup data shows that Americans feel very negative about the U.S. economy. The Economic Confidence Index dropped to its lowest point in almost four years in May.
Key Facts
Gallup’s Economic Confidence Index measures how people feel about the U.S. economy.
In May, the index fell to minus 45.
This is the lowest score recorded in nearly four years.
The index reflects public pessimism about economic conditions.
The decline indicates more Americans have a negative view of the national economy now.
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A new miniseries called "Life is Better with Dogs" shows how dogs and their owners share a strong bond. The series is made by The Oprah Podcast and The Farmer's Dog, a pet food company, whose CEO talks about how his dog has affected his life.
Key Facts
The miniseries is named "Life is Better with Dogs."
It is a partnership between The Oprah Podcast and The Farmer's Dog.
The series focuses on the relationship between dogs and their owners.
Jonathan Regev, CEO of The Farmer's Dog, shares his experience with his dog, Buddy.
The Farmer's Dog is a company that sells pet food.
The miniseries is sponsored by The Farmer's Dog.
It is available to watch on CBS News.
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More than 30 state attorneys general have asked a court to order Live Nation to separate from its ticket-selling company, Ticketmaster. This request follows a jury decision that said the two companies combined have an illegal monopoly over live event tickets.
Key Facts
Over 30 state attorneys general joined the legal action.
They want the court to force Live Nation to sell off Ticketmaster.
A jury recently ruled that Live Nation and Ticketmaster have an illegal monopoly.
The monopoly concerns control of ticket sales in the live entertainment business.
This legal move aims to increase competition in ticket sales.
The case highlights concerns about big companies dominating markets.
Breaking up the companies means separating their business operations.
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The CEO of Standard Chartered, Bill Winters, apologized after calling some employees "lower value human capital" when discussing job cuts due to AI automation. He explained the bank plans to cut about 15% of back office roles over four years but aims to help affected workers find higher-value jobs within the company.
Key Facts
Bill Winters, boss of Standard Chartered, described some jobs as "lower value human capital" vulnerable to AI replacement.
He apologized for the upsetting wording and explained it on LinkedIn.
The bank expects to cut around 7,800 back office roles over the next four years (about 15% of those jobs).
Standard Chartered plans to help employees retrain and move to higher-value roles within the company.
Winters said the comments were misunderstood and shared the full transcript to clarify his intent.
The rise of AI has caused many companies, including banks and tech firms, to announce large layoffs recently.
Some people remain critical of Winters, questioning whether he truly values his employees.
The bank stresses it wants to support workers through the fast changes driven by AI technology.
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Palantir's £50 million contract with the Metropolitan Police Service has been blocked by London Mayor Sadiq Khan due to concerns about procurement rules and company values. The decision has caused debate within the Labour Party and reactions from police officials and government ministers.
Key Facts
London Mayor Sadiq Khan blocked a proposed £50 million contract between Palantir and the Metropolitan Police.
The contract involved a two-year deal using AI technology for criminal investigations.
Khan cited a serious breach of procurement rules and concerns about Palantir’s alignment with London’s values.
Palantir has worked with the Israeli military and the Trump administration on immigration enforcement.
Some Labour MPs supported Khan’s decision, while government ministers urged him to explain his reasons.
The Metropolitan Police Federation criticized Palantir’s use of AI for monitoring officers, calling it invasive.
Palantir’s UK and Europe head, Louis Mosley, accused Khan of politicizing the contract and compromising safety.
Palantir already holds contracts worth hundreds of millions of pounds with the UK’s NHS and Ministry of Defence.
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Gas prices have increased sharply just before Memorial Day weekend, when many Americans travel by car. This rise in fuel costs affects the overall expense of holiday travel.
Key Facts
Gas prices have gone up significantly ahead of Memorial Day weekend.
Many Americans plan to travel by car during this holiday.
Higher fuel prices mean more expensive road trips.
The increase in gas prices may impact travel plans and budgets.
Memorial Day weekend is a time when road travel usually rises.
The news source reporting this is CBS News.
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American Airlines is getting ready for the busy summer travel season starting with Memorial Day weekend. The airline is making plans to handle more passengers and ensure smooth trips during this peak time.
Key Facts
The summer travel season begins on Memorial Day weekend.
American Airlines is preparing for increased passenger traffic.
The airline is focusing on smooth operations during the busy months.
CBS News correspondent Kris Van Cleave reported on the airline’s preparations.
The report includes a behind-the-scenes look at how American Airlines is managing the summer rush.
The focus is on making travel easier and more efficient for customers during summer.
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A $15,000 certificate of deposit (CD) account can earn high interest rates right now, much more than a regular savings account. Depending on how long the money is locked in, the interest earned can range from about $144 to over $3,300, with rates around 4% and fixed for the term.
Key Facts
Traditional savings accounts currently offer very low interest rates, around 0.38%.
CD accounts offer higher fixed rates, over 4% in many cases.
Interest rates on CDs stay the same for the entire term, even if overall rates drop later.
A $15,000 CD can earn from $144 (3-month term) up to $3,381 (5-year term) in interest.
Early withdrawal from a CD may result in fees, so money is locked until maturity.
Economic factors like inflation and global events could affect future interest rate changes.
Online banks often provide better CD interest rates than traditional banks.
Deciding whether to open a CD now or wait depends on expectations about future interest rates.
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Several major U.S. retailers, including Walmart and Amazon, have said that rising fuel costs are increasing their expenses. This situation may soon lead to higher prices for shoppers, especially if the high fuel prices continue through 2026.
Key Facts
Walmart reported that higher fuel costs added about $175 million in extra expenses in the first quarter of 2026.
Walmart’s CFO said if fuel prices stay high, customers should expect price increases in the second quarter and later in the year.
U.S. gas prices rose over 50% after the Iran war began and an embargo was placed on key shipments.
Walmart’s revenue grew 7.3% to $177.8 billion in the first quarter, with U.S. same-store sales up 4.1%.
Amazon introduced a 3.5% fee for some sellers to cover increased fuel and shipping costs, indirectly affecting prices.
Stew Leonard’s grocery chain also warned about fuel surcharges from suppliers, pressuring their costs.
Lower-income consumers are facing higher financial stress due to these rising fuel prices.
Despite challenges, Walmart believes it can manage the impact of higher fuel costs for now.
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