5 things to know for November 23: Walmart shooting, Trump, student loans, layoffs, Covid
Originally published: 23-Nov-22 06:31 ET
Updated: 23-Nov-22 06:36 ET
By Andrew Torgan, CNN
(CNN) – AAA predicts nearly 55 million people in the United States will travel this Thanksgiving holiday weekend. The 5 Things team also head out to spend time with family and friends, so we’re taking a few days off. We’ll be back on Sunday. Until then, here’s what you need to know to get up to speed and get on with your day.
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1. Walmart Shooting
At least six people were killed in a mass shooting at a Walmart in Chesapeake, Virginia, Tuesday night. The shooter is also dead, city officials said this morning. Officers responded to the store about 10:12 p.m. less than an hour before closing and found the victims and evidence of a shooting, Chesapeake Police Public Information Officer Leo Kosinski told CNN. Five patients are being treated at Sentara General Hospital in nearby Norfolk, Virginia, a spokesman for Sentara Healthcare told CNN affiliate WTKR. An update on their terms was not immediately available. “We’re only a few hours after the first incident, so everything is very fluid right now, very recent,” Kosinski previously said. A press conference is scheduled for 8 a.m. ET, the City of Chesapeake said on Twitter.
The Supreme Court on Tuesday cleared the way for the IRS to release former President Donald Trump’s tax returns to a Democrat-led House Committee. The Supreme Court’s move is a major loss for Trump, who has tried for years to shield the release of his tax returns and is currently the subject of multiple investigations. Trump’s legal team has constantly sought to keep his return a secret, turning to the Supreme Court, which consists of three of Trump’s nominees, after losing at the lower court level. Separately, a New York state judge set a trial date for October 2023 for the New York Attorney General’s $250 million lawsuit against Trump, his eldest children and the Trump Organization, alleging they were involved in a widespread fraud, which lasted over a decade and which the former President used to enrich himself.
3. Student Loans
The Biden administration is again extending the pause in federal student loan payments, a benefit that began in March 2020 to help people struggling financially due to the Covid-19 pandemic. This latest extension comes as the administration’s student loan forgiveness program continues to be tried in court. Officials had told borrowers that the program, which is worth up to $20,000 in debt relief per borrower, would be implemented before loan payments were scheduled to resume in January 2023. The pause will last up to 60 days after the dispute is resolved. If the program is not implemented and the litigation is not resolved by June 30, 2023, payments will resume 60 days after that, according to the Department of Education.
4. Tech Layoffs
Computer maker HP said on Tuesday it would lay off up to 6,000 employees over the next three years, becoming the latest tech company to significantly reduce its workforce amid fears of an economic downturn. The company announced the job cuts in a statement accompanying its lackluster quarterly report, in which it also said revenue fell more than 11% from the year-ago period. The news makes HP the latest in a growing list of once-high-flying tech companies to now announce major job cuts. Facebook parent Meta, Amazon and Twitter have all announced major layoffs in recent weeks.
The Biden administration has launched a critical six-week push aimed at boosting Americans’ Covid-19 booster shots ahead of the holiday season. Biden’s chief medical adviser, Dr. Anthony Fauci launched the campaign Tuesday during his final White House press briefing before retiring in December. The push comes as more than 35 million Americans have already received the updated, bivalent booster shot — including more than 16 million seniors, said White House Covid-19 coordinator Dr. Ashish Jha, during the briefing. But that’s a fraction of the 267 million Americans who have received their primary Covid-19 vaccine, according to the CDC. The campaign will focus on reaching seniors and communities hardest hit by Covid-19 by expanding access, raising awareness and more.
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THE TODAY QUOTE
“I may or may not let other people judge the value of my achievements, but I want people to remember what I’ve done, which is that every day, through all these years, I’ve given everything I have and I still have.” never left anything on the field.”
– dr Anthony Fauci, during his final White House briefing before leaving his official positions. Fauci, the director of the National Institute of Allergy and Infectious Diseases and senior medical adviser to President Biden, has served under seven US presidents and became a household name in the early days of the Covid-19 pandemic.
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