This Morning from CBS News, December 27, 2016
Not so fast
Even though President-elect Trump’s Cabinet nominees will be going before a Republican-controlled Senate for confirmation, many are controversial and could face tough questioning and perhaps even difficulty gaining approval. Nine nominees have been rejected in the past -- beginning with Andrew Jackson treasury secretary pick Roger Taney in 1834 -- and we fill you in on all of them.
Paying the price
Many states have been imposing crippling fines for a variety of offenses -- some as minor as traffic tickets -- as a way to close budget gaps. Those who can’t pay can end up behind bars -- meaning the poor have been bearing a disproportionate share of the burden, studies find.
Killer or booster?
Computers powered by artificial intelligence are smart enough to threaten a range of jobs. But Genpact CEO NV “Tiger” Tyagarajan says the bigger question is how many jobs AI will ultimately create. He should know: Genpact, a former unit of General Electric, provides what it calls “digitally powered” business process services that rely on ever-more intelligent tech to a range of corporate clients.
Balancing act
If you’re like most people in the stock market, your investments largely consist of mutual funds. But how can you tell if your portfolio has the right balance of stocks and bonds? We examine how rebalancing your mutual fund holdings is critical to avoiding investment losses and earning a healthy return.
Take advantage
Year-end is a great time to work out your family’s college selection strategy, especially your payment options. We list a number of steps to help you zero in on the best schools for your offspring -- with the best aid packages you’re likely to qualify for.
Harrowing tale
A Pennsylvania family is sharing an incredible story of survival. The Kleins got stranded last week on their way to the Grand Canyon. Karen Klein left her husband and 10-year-old son to begin a long and dangerous journey to find help. But they all survived the freezing temperatures and treacherous conditions. Here’s how.
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U.S.
Did social media play role in string of mall fights across U.S.?
Obama, Japan’s PM making historic visit to Pearl Harbor, USS Arizona Memorial
1 inmate still on the run after Christmas Day jailbreak, 5 captured
World
One of crashed Russian military plane’s “black boxes” found, officials say
Turkish police officers in court for first coup trial
Thousands attend Mexican girl’s party after invitation goes viral
Politics
Trump says “no way” Obama would have beaten him in 2016 election
Trump tweaks U.N. with tweet days after Israel vote
Health
2016 may go down as one of the worst years for drunk-driving deaths
Minnesota becoming first state to ban common germ-killer triclosan in soap
Science and Tech
China says they will launch first Mars probe by 2020
Vera Rubin, pioneering “dark matter” astronomer, dead at 88
Amid population declines, conservationists sound alarm bells for the cheetah
