Tech startups faced closures and layoffs in 2023 as the Federal Reserve raised interest rates to a 22-year high. New York Times reporter Erin Griffith joins CBS News to explain what’s going on in Silicon Valley. Source
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What’s at stake in abortion pill and Jan. 6 Supreme Court cases
The Supreme Court took on two new cases Wednesday: One on the abortion pill, and the other relating to Jan. 6 and former President Donald Trump. Jan Crawford and Jessica Levinson explore the issues at stake in each case. Source
Dow surges after Federal Reserve keeps interest rates unchanged
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed’s decision. Source
Biden meets with families of Americans held hostage by Hamas
President Biden on Wednesday met privately at the White House with the families of Americans held hostage by Hamas. CBS News senior White House and political correspondent Ed O’Keefe has more. Source
What Republicans hope to gain with formal Biden impeachment inquiry
House Republicans on Wednesday voted to move forward with their impeachment investigation of President Biden. The move came on the same day Hunter Biden defied a House subpoena for closed-door testimony. CBS News congressional correspondent Scott MacFarlane reports. Source
NBA suspends Warriors’ Draymond Green indefinitely after hitting Suns’ Jusuf Nurkic
The NBA announced Wednesday that Golden State Warriors forward Draymond Green is being suspended indefinitely after striking Phoenix Suns center Jusuf Nurkic during Tuesday night’s loss. Source
Twins who survived Holocaust describe their parents’ courage in Bergen-Belsen
In 1944, Steven and Marion Hess and their parents were sent to the Bergen-Belsen concentration camp, where more than 50,000 people died. Source
Twins credit their parents’ courage for surviving Holocaust
In 1944, twins Steven and Marion Hess and their parents were sent to the Bergen-Belsen concentration camp, where more than 50,000 people died. Norah O’Donnell spoke to the twins about their extraordinary story of survival. Source
Students say their school’s cellphone ban helped improve their mental health
During lockdown, screen time among adolescents more than doubled, according to a study in JAMA Pediatrics. Source
Supreme Court agrees to hear cases on abortion pill, Jan. 6
The Supreme Court on Wednesday agreed to hear two cases that could have major impacts on both abortion rights, and the prosecution of hundreds of people convicted of assaulting the Capitol on Jan. 6. One case could determine restrictions on how the abortion pill mifepristone can be obtained, even in states where abortion is legal. Jan Crawford has more. Source