Upticks signal a longer wait for rate cuts as the Federal Reserve’s war against inflation isn’t won just yet. Source
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Schumer pursuing temporary funding bill to avoid government shutdown
Facing next week’s deadline to avert a shutdown, Senate Majority Leader Chuck Schumer made plans to move forward with a temporary measure to keep the government funded. Source
Inflation up more than expected in December
Inflation rose at a faster pace than expected last month as the Consumer Price Index increased by 0.3 of a percent in December. Unemployment claims dropped by 1,000 for the week ending Jan. 6. CBS News contributor Javier David has a look at the numbers. Source
Sneak peek: Shootout at the Shaughnessys’
A gunfight in the dead of night. The targets fire back. Their son in the crosshairs of suspicion. “48 Hours” contributor Jim Axelrod reports Saturday, Jan. 13 at 10/9c on CBS and streaming on Paramount+. Source
Titans CB Caleb Farley Keeping the Faith Despite Heartbreak, Lingering Health Issues
Farley didn’t play at all in 2023 because of lingering issues related to his back, which now have his career in jeopardy. Off the field, he’s dealt with plenty of heartbreak. Source
Da’Vine Joy Randolph talks about her Golden Globes win and channeling grief
In “The Holdovers,” set against the backdrop of people on a school campus stranded during the holidays, Randolph portrays Mary Lamb, a career manager grieving her son’s death in Vietnam. Source
What the inflation rise means for mortgage rates
After months of cooling, inflation ticked up again in December. Here’s what that means for homebuyers ready to act. Source
Hollywood attorney and Hunter Biden attorney Kevin Morris moves to the spotlight
Kevin Morris has become a ubiquitous behind-the-scenes presence in the long-running political saga surrounding the alleged misconduct of Hunter Biden. CBS News’ senior investigative correspondent Catherine Herridge reports. Source
Hollywood attorney Kevin Morris moves closer to the spotlight
Kevin Morris has spent nearly $5 million to help Hunter Biden, according to an IRS agent involved in the federal tax investigation into the president’s son. Source
Trump won’t be allowed to give closing argument in civil fraud trial
Former President Donald Trump is in New York Thursday for his civil fraud trial, but he won’t be allowed to deliver his own closing argument. The judge overseeing the case was initially going to let Trump speak on his behalf if he agreed to certain conditions, but he and Trump’s lawyers couldn’t reach an agreement. CBS News chief election and campaign correspondent Robert Costa has more. Source