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Author Archives: Stonecom Interactive

Federal Reserve raises benchmark interest rate 0.75% as it tries to calm inflation

The Federal Reserve announced it is raising its benchmark interest rate by three-quarters of a percentage point, the sharpest hike since 1994, as it seeks to combat the biggest surge in U.S. inflation in four decades. CBS News senior White House and political correspondent Ed O’Keefe and Stephen Gandel, news editor for The New York Times’ DealBook, join CBS News ... Read More »

January 6 committee posts new footage of Capitol tour, prepares for next hearing

The House select committee investigating the January 6 riot has posted new footage it says shows Georgia Republican Rep. Barry Loudermilk giving a tour of the Capitol one day before the attack. The committee says a participant in that tour, who was seen photographing hallways and staircases, marched on the Capitol and threatened lawmakers the next day. CBS News congressional ... Read More »