Larry E. Swedroe's Blog, page 807

Federal Reserve pauses interest rate hikes for first time in 15 months

For 15 months the Federal Reserve has been trying to catch up to rising inflation by slowing economic activity. The central bank announced Wednesday it will not increase interest rates for now, but warned that the pause may not last long. CBS News senior White House correspondent Weijia Jiang reports.

Tornadoes cause damage in Alabama, Georgia

There were no reports of injuries after at least eight tornadoes ripped through Alabama and Georgia on Wednesday, damaging buildings and downing trees and power lines. The unstable weather is expected to continue across the South. Mark Strassman has the latest.

GOP lawmakers, presidential candidates react to Trump's arraignment

Capitol Hill is reacting to former President Donald Trump's federal arraignment in Miami on Tuesday. CBS News' Robert Costa and Scott MacFarlane join with the latest from Republicans in Congress and on the campaign trail.

6/14: CBS Evening News

Tornadoes cause damage in Alabama, Georgia; FDA expands recall of frozen strawberry products linked to hepatitis A outbreak

West Coast dockworkers, ports reach tentative labor deal

The two sides had been negotiating since May of 2022.

Who's running for president in 2024? Meet the candidates — and likely candidates — vying for your vote

Eleven Republicans have announced their candidacies for president so far. And President Biden announced in April that he'd run for reelection.

Phosphorus detected in ocean on Saturn's moon

The new discovery makes Enceladus' ocean the only one outside of Earth known to contain all six elements needed for life.

Miami Mayor Francis Suarez running for president

The 45-year-old mayor, the only Hispanic candidate in the race, declared his candidacy by filing with the FEC ahead of a speech on Thursday.

Why the Federal Reserve paused interest rate hikes in June

For the first time since March 2022, the Federal Reserve will not be raising interest rates. J.D. Durkin, on-air host for digital financial news platform TheStreet, joins CBS News to discuss the Fed's path forward.

Attorney General Garland defends classified documents investigation

It's been one day since Donald Trump pleaded not guilty in a Miami federal court. Since then, others, including some high profile voices, have focused on the seriousness of the charges against the former president -- while some Republicans have tried to hold both positions. CBS News chief election and campaign correspondent Robert Costa has the latest on the aftermath of the arraignment.