Fed holds off on rate hike
The Fed decided Wednesday to forgo another increase in its benchmark interest rate, leaving it at about 5.1%.
The Fed decided Wednesday to forgo another increase in its benchmark interest rate, leaving it at about 5.1%.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
Nicole D'Antonio reports the head of the Federal Reserve testifies Tuesday before the Senate Banking Committee on the U.S. economic outlook, fighting inflation, and the state of employment including wages and available jobs.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
CBS News Miami's Jim DeFede talks to Tarrio's attorney Nayib Hassan about why he thinks Tarrio deserves one.
State Rep. Hillary Cassel is the second former Democratic lawmaker in Florida to join the Republican Party.
FEMA administrator Deanne Criswell said that L.A. officials were "very prepared" for wildfire, noting that the area is prone to fires.
Sunday will start off chilly behind the cold front that passed through Saturday, with morning temperatures in the 50s.
After traveling more than a million miles on the job, the secretary of state discusses the Biden administration's foreign policy report card, from a reinvigorated NATO alliance and Russian aggression in Ukraine, to the ongoing turmoil in Gaza.
CBS News Miami's Jim DeFede talks to Tarrio's attorney Nayib Hassan about why he thinks Tarrio deserves one.
State Rep. Hillary Cassel is the second former Democratic lawmaker in Florida to join the Republican Party.
FEMA administrator Deanne Criswell said that L.A. officials were "very prepared" for wildfire, noting that the area is prone to fires.
Sunday will start off chilly behind the cold front that passed through Saturday, with morning temperatures in the 50s.
After traveling more than a million miles on the job, the secretary of state discusses the Biden administration's foreign policy report card, from a reinvigorated NATO alliance and Russian aggression in Ukraine, to the ongoing turmoil in Gaza.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
FEMA administrator Deanne Criswell said that L.A. officials were "very prepared" for wildfire, noting that the area is prone to fires.
After traveling more than a million miles on the job, the secretary of state discusses the Biden administration's foreign policy report card, from a reinvigorated NATO alliance and Russian aggression in Ukraine, to the ongoing turmoil in Gaza.
Jack Smith, the special counsel appointed by Attorney General Merrick Garland in November 2022 to take over two investigations into President-elect Donald Trump, has resigned.
The White House said President Biden bestowed the award to Pope Francis during a phone call in which they also discussed efforts to promote peace and alleviate suffering around the world.
President-elect Donald Trump has accused California Gov. Gavin Newsom of prioritizing environmental policies over public safety, and claimed that FEMA lacked the funds to respond to the crisis.
CBS News Miami's Jim DeFede talks to Tarrio's attorney Nayib Hassan about why he thinks Tarrio deserves one.
State Rep. Hillary Cassel is the second former Democratic lawmaker in Florida to join the Republican Party.
Lauren Pastrana, in for Jim DeFede, gives a brief roundup of new Florida laws and how they may affect you.
Lauren Pastrana, in for Jim DeFede, talks with psychiatrist Dr. Daniel Bober about the science behind age restrictions for social media.
Lauren Pastrana, in for Jim DeFede, talks about the future of property insurance in South Florida with founder and president of Florida Policy Project.
More than a hundred E. coli cases were linked to contaminated onions produced by Taylor Farms used in McDonald's burgers.
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
Lower immunity to the new GII.17 strain could be leading to more infections.
Gov. Ron DeSantis sought the investigation in 2022 ahead of his failed Republican presidential bid.
The Louisiana patient was hospitalized with a severe case of bird flu in the first death in the U.S. caused by the H5N1 virus.
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Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
Sam Moore, who influenced musicians including Michael Jackson, Al Green and Bruce Springsteen, was inducted with Dave Prater into the Rock and Roll Hall of Fame in 1992.
Ventimiglia, a 47-year-old father to be, is among the celebrities affected by the destructive blazes that broke out Tuesday morning.
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.
"Inside Edition" correspondent Alison Hall opens up about her breast cancer battle and how Olivia Munn's own experience with early detection inspired her to take a life-saving risk assessment test.
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.