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Dow falls 400 points after Fed hikes rates and Warsh says inflation still too high: Live updates
The Big Take
The US Navy's Iran blockade has cost more than $7.1 billion and is draining American military power elsewhere
REVEALED
Lena Dunham reveals her first words to her baby born by surrogate after heartbreak endometriosis diagnosis
First on CBS
White House chief of staff Susie Wiles had a medical procedure this week related to her breast cancer diagnosis.
Federal Reserve hike
The Federal Reserve has raised rates for the first time since 2023, voting 12-0 to lift its benchmark to 3.75%-4% in defiance of Trump.
Patrick Clancy gives 1st interview since ex-wife Lindsay’s triple murder mistrial — ‘60 Minutes’ drops cliffhanger clip
LA HOMELESS SCANDAL
Nonprofit founder accused of using taxpayer dollars to fund Tahiti trip, nightclub
Watch live: Fed Chairman Warsh speaks after central bank rolls out first rate hike in three years
Breaking News
The Fed approved the first interest rate hike in 3 years and signaled rates might go up again — testing Trump’s relationship to Fed Chair Kevin Warsh


