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Former Fox News anchor Shepard Smith has a new landing spot after leaving the network abruptly last fall. CNBC announced that Smith will join the network and host a 7 p.m. newscast.“The News with Shepard Smith” will launch this fall, and CNBC said that Smith will also serve as the network's chief general news anchor and managing editor of the breaking news division.“I am honored to continue to pursue the truth, both for CNBC’s loyal viewers and for those who have been following my reporting for decades in good times and in bad,” Smith said in a press release.Smith was one of FOX News' original hires when the network launched in 1996. Smith hosted "Shepard Smith Reporting" starting in 2013, and before that, was the anchor of "Studio B."CNBC, which is more geared toward financial news, said it will use Smith’s program beyond financial news.“Much like our coverage of the coronavirus pandemic, CNBC reporters and producers can go beyond the financial markets to tell rich, deeply-reported stories across the entire landscape of global news. Each evening, Shep’s program will be the place where we’ll deliver that same credible coverage of the key issues of the day,” said Dan Colarusso, Senior Vice President, CNBC Business News. 1247

For the first time, a bill to legalize marijuana at the federal level will soon go to the floor of the U.S. House for a vote.“The MORE Act would actually erase past convictions for marijuana offenses, opening the door to opportunities to jobs, housing, education, things that could help people, but it would also make it so people will no longer be denied federal benefits because of marijuana activity,” said Maritza Perez, Director of the Drug Policy Alliance.Some CEOs of companies in the industry say the bill has a long road ahead but are optimistic marijuana will become legal at some point.“I think that it creates that dialogue where we can have sensible legislation and policy when it comes to cannabis and THC products,” said Joe Dowling, CEO of CV Services.“It’s actually one of the few things that when I’m talking to people on both sides of the aisle, that they actually agree, that it’s something that can move us forward in one direction in creating jobs and stimulating the economy,” said Michael Cammarata, CEO of Neptune Wellness Solutions.Studies show more people support the legalization of marijuana. A 2019 Gallup poll showed majority-support across major political parties for legalizing marijuana. It showed 51% of Republicans, 68% of independents, and 76% of Democrats are in favor of it.A vote on the MORE Act is expected to happen next week. If it passes the Democratic-controlled House, it faces a challenge in the Republican-controlled Senate. 1480

Finding the right child care can be a frustrating -- and expensive -- process for parents around the world, from New York to Nairobi.Access to adequate child care for all has become a "global" need, said Shelley Clark, a demographer and professor of sociology at McGill University in Canada, who has studied child care and other family dynamics."We can think of iconic images like The Atlantic monthly cover of the mom carrying the kid in the briefcase to work and how absurd that's supposed to be to us, but then when we think of women in lower-income countries, you think of the mom selling goods at the market with a kid strapped to her back, and you think, 'Well, that's not a problem for her, because she can easily combine child care and work,' " Clark said."There's this perception out there that for the kinds of work that women do in lower-income countries, it's easier to combine child care and work," she said. "The fact is, it's quite challenging for these moms, also."Clark added that families in lower-income countries spend a significant chunk of their income -- about 17% of some women's average earnings -- on child care services, similar to those in wealthier countries.Families living across 30 wealthy nations in the Organisation for Economic Co-operation and Development spend on average about 15% of their net income on child care costs, according to a 2016 report from the group, an association of 35 countries founded to improve economic development and social well-being around the world.Yet the percentage of a family's income spent on child care costs varies drastically by country: Couples spend 33.8% in the United Kingdom, but in Korea, Austria, Greece and Hungary, couples spend less than 4% due to government benefits and programs. Those findings came from the OECD's database on tax and benefits across countries compared with average net income of families in those countries.Here is a sampling of what child care looks like around the world. 1984

FORT LAUDERDALE, Fla. — The U.S. set another daily record in new cases of the coronavirus Thursday, according to a database kept by Johns Hopkins.The U.S. as a whole reported about 52,300 new cases of the virus on Thursday. Of those cases, about 25,000 were reported in four states: Arizona, California, Florida and Texas.According to Johns Hopkins, the U.S. has set a daily record in new COVID-19 cases in five of the last nine days.All but 10 U.S. states are showing an increase of confirmed cases over the last 14 days, according to data compiled by the COVID Tracking Project. Nebraska and South Dakota were the only states outside the Northeast with a decrease in cases, but those states are also recording higher positive test rates. 748

Former White House lawyer Ty Cobb said Monday that he does not believe the ongoing special counsel probe led by Robert Mueller is a "witch hunt."The comment puts him at odds with his former boss, President Donald Trump, who has repeatedly called the probe into possible ties between his campaign and Russian interference in the 2016 election a "witch hunt."Cobb, speaking with CNN's Gloria Borger at the day-long CITIZEN Conference in New York, took a markedly different position."I don't think it's a witch hunt," he said.The comment came during a panel with Jack Quinn, a former White House lawyer under President Bill Clinton.Later, Cobb lauded Mueller, the former head of the FBI and a Vietnam War veteran."Bob Mueller is an American hero in my view," Cobb said, noting his service as a Marine."He was a very serious prosecutor," Cobb said. "He and I first met in the mid '80s when we were prosecuting different places and I have respected him throughout."Cobb left the White House earlier this year after months of working on the administration's response to the Mueller investigation."I've done what I came to do in terms of managing the White House response to the special counsel requests," Cobb said. "I'm extremely grateful to the President and Chief Kelly for the opportunity to serve my country."It was clear on Monday, however, the Cobb's time in the White House was unique, highlighted by the fact that he often had to work with the President on how to publicly respond to Mueller.Borger asked both lawyers about working with Presidents in crisis and Quinn lauded his former boss."I have practiced law for a really long time on Washington, Bill Clinton was the best client I ever had" he said. "Believe it or not, he not only listened to advice, he sought it out and particularly, frankly, when he was in crisis, he wanted input, he wanted other people's thinking, he wanted guidance."When Borger asked if there was anger, frustration of blow ups, Quinn said no, the vision of Clinton a quick tempered was a "myth."Cobb, to laughs, responded: "Um, I had a slightly different experience." 2109