The Federal Reserve is scheduled to meet this week, when U.S. central bankers will decide whether to raise interest rates for the second time this year in a bid to subdue inflation. Most economists and Wall Street analysts expect the Fed to leave its benchmark rate unchanged at 3.75% to 4% when officials release the…
Dozens of cattle spilled onto a street in Kansas City, Missouri, when a semitractor-trailer plunged off a highway overpass in the city’s downtown area and onto a car early Sunday, shutting down some roads and setting off a search for the traumatized animals that survived. The accident occurred shortly before 3 a.m. and the roundup…
Inflation accelerated across the U.S. in September, rising at an annual rate of 3.7% as energy costs jumped, according to new government data. The latest Consumer Price Index shows that stubborn price pressures persist just weeks before Americans vote in the midterm elections. By the numbers CPI tracks changes in prices over time for a basket…
A law designed to protect patients from surprise medical bills succeeded in eliminating unexpected charges, but spawned a lucrative arbitration industry with providers and specialized middlemen extracting payments far above benchmark billing rates. The practice is ultimately driving up healthcare costs for consumers, a CBS News investigation found. The arbitration system Congress created to settle…
Environmental groups filed a lawsuit on Friday against the Trump administration over its rollback of vehicle fuel efficiency standards, saying the move will increase gasoline consumption and boost prices at the pump for U.S. motorists. “It is unlawful for Trump to turn back the clock on fuel-efficient cars, forcing drivers to waste more money on…
Washington — U.S.-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles. The ban amounts to barely a ripple in $880 billion worth of a two-way annual trade between…
The reality of being a trauma surgeon in a war zone came crashing down on Dr. Feroze Sidhwa when the surgical unit where he was working in Gaza was hit by an Israeli airstrike. “I got scared that day, that’s for sure,” Sidhwa said, recalling the March 23, 2025, strike that hit the Nasser Hospital…
Delta Air Lines ranked as the top U.S. airline in The Points Guy’s latest annual survey, which evaluated carriers on factors including reliability, customer experience, loyalty programs and cost. United Airlines and Southwest Airlines rounded out the top three in the travel site’s 2026 report. The Points Guy gave extra weight to the cost category…
Washington — President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as “gangster weapons,” sources familiar with the matter told CBS News, a move that will let some Americans possess or sell short-barreled rifles, short-barreled shotguns and silencers with less government oversight. For more than 90…
The little girl stared up at Norma Gómez from the doorway of her neighbor’s apartment, her sad, brown eyes suddenly flashing with hope. “Are you the person who’s going to bring my mom back?” she asked. Gómez struggled to find an answer. It was a December morning, and she’d brought food, diapers, baby wipes, and…
