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US national debt surpasses record $40 trillion

News 5 Cleveland (National News) 8/19 12:02P AP via Scripps News Group
The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending. The...

Regulators warn retailers that personalized pricing could be illegal

News 5 Cleveland (National News) 8/19 9:50A Scripps News Group
Federal regulators are proposing new standards to keep retailers from changing their prices based on individual buyers' data. The Federal Trade Commission can't outright ban personalized pricing, which is when a retailer customizes the price you...

Costco’s first Medicare partnership targets senior care experience

News 5 Cleveland (National News) 8/19 7:20A Justin Boggs
SCAN Health Plan and Costco announced this week an expanded strategic partnership that marks Costcos first collaboration with a Medicare plan. The partnership combines Costcos expertise serving retail consumers with SCANs experience managing...

Amazon set to expand drone delivery of lightweight packages to 500 US cities

News 5 Cleveland (National News) 8/19 6:53A AP via Scripps News Group
Millions more people may be able to get smaller, lightweight Amazon packages delivered by drones by the end of the year under a plan the company announced Wednesday to expand airborne shipping to suburban areas in nearly 500 U.S. cities....

American Airlines upgrading planes with more premium seats, Wi-Fi

News 5 Cleveland (National News) 8/19 4:57A Justin Boggs
American Airlines announced plans for a major upgrade to its narrowbody fleet, including seatback entertainment screens at every seat and more premium seating options. The airline said premium seating on narrowbody flights will grow from about 25%...

Personalized cancer vaccine shows positive late-stage trial results

News 5 Cleveland (National News) 8/19 4:20A Justin Boggs
Drugmakers Moderna and Merck announced a major advance in testing a personalized cancer treatment for melanoma, a dangerous form of skin cancer. The companies did not disclose full results from a Phase 3 trial but said they plan to share the data...

Student loan payments rise as new push in Washington targets interest rates

News 5 Cleveland (National News) 8/19 2:23A Joe St. George
The Department of Education confirmed to Scripps News this week that some public servants are losing forgiveness credits because of coding errors that occurred during the Biden administration. While the path to forgiveness is now longer for some,...

Trump halts new tariffs on Canadian goods hours before deadline

News 5 Cleveland (National News) 8/19 1:12A AP via Scripps News Group
President Donald Trump said Tuesday he was delaying the 50% U.S. tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal less than two hours before the sanctions were to go into effect. The...

Small business owner loses $15,000 to fraudulent bank call

News 5 Cleveland (Money) 8/19 12:38A John Matarese
Kenny Sumner, a heating and cooling technician, was in the middle of a job when his phone showed an incoming call from what appeared to be his bank's fraud department. "They said we are trying to stop a wire transfer from going through from your...
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