As summer travel heats up, airplane passengers are faced with the delicate question of whether to recline their seats. CBS News MoneyWatch reporter Megan Cerullo has more on airline seat etiquette. Source
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Another major insurer is halting new policy sales in California
Allstate and others say thousands of natural disasters in recent years have made the state too expensive to cover. Source
8 people injured after building collapse in New Haven
Officials said that there were reports of “multiple people trapped” after the collapse. Source
7 hurt after partial building collapse in Connecticut
Seven people were injured in a partial building collapse in New Haven, Connecticut, near Yale University on Friday. City officials say two of the injured are in critical condition. Source
Is it smart to borrow from home equity in today’s economy? Experts weigh in
Here are a few ways the current economic environment could affect your decision to borrow home equity. Source
CD myths busted: What to know
Don’t let misconceptions about CDs keep you from earning more money. Source
Brad Pitt calls Angelina Jolie “vindictive” in court documents about winery
The actor said when they filed for divorce, he and Jolie told each other they would not sell their shares of the winery without the other’s consent and that he felt it would be inherited by their children. Source
WGA says potential DGA deal wouldn’t end writers strike
In a memo Thursday, the Writers Guild of America told members that the Directors Guild of America and Screen Actors Guild negotiations will not affect their fight. The memo said the “era of divide and conquer is over.” Anousha Sakoui, a staff writer for the Los Angeles Times, joined CBS News to talk about the situation, a month into the writers strike. Source
Employers aren’t paying people as much to jump jobs anymore
New research from Bank of America shows before the pandemic, people commonly saw around a 10% pay increase when changing employers. At the peak of the “Great Resignation,” when millions of workers quit their jobs, those increases rose to 20%. But as of April 2023, pay increases leveled off to about 13%. CBS MoneyWatch associate managing editor Irina Ivanova has more. Source
South Florida looking for Stanley Cup and NBA championship in same year
Miami-area teams are trying to make sports history this month as the Miami Heat and Florida Panthers try to bring home an NBA Championship and the Stanley Cup. CBS News Miami sports reporters Mike Cugno and Samantha Rivera have more. Source