Fed holds interest rates steady as the central bank weighs impact of Trump tariffs
CBSN
The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged, resisting pressure from President Trump to lower U.S. borrowing costs as policy makers assess the economic impact of his trade policies.
The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%, where it's been parked since the central bank last moved to lower short-term rates in December.
Fentanyl was found inside Barbie doll packages being sold at a discount store in Missouri, police said on Saturday. In:
New Jersey Senator Cory Booker hasn't been the mayor of Newark since 2013. But when he walks around his neighborhood, you'd never know it. One passer-by yelled out, "The best mayor ever!" In:
Fentanyl was found inside Barbie doll packages being sold at a discount store in Missouri, police said on Saturday. In:
CBS News contributor Arthur C. Brooks is the author of a new book, "The Meaning of Your Life: Finding Purpose in an Age of Emptiness." This morning, he's charting an unlikely path to happiness:
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We share our planet with maybe 10 million species of plants, animals, birds, fish, fungi and bugs. And to help identify them, millions of people are using a free phone app. "Currently we have about six million people using the platform every month," said Scott Loarie, the executive director of iNaturalist, a nonprofit.
Washington — As voters gear up for the midterm elections in November that will decide control of the House and Senate, the Supreme Court is set to weigh Monday whether states can count mail ballots that are postmarked by, but arrive after, Election Day.
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The Senate on Saturday blocked an amendment that would ban transgender athletes from playing in women's sports, rejecting one of President Trump's priorities as he pressures Congress to act on a broad voting bill.
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