Archives: 2018

How do increased interest rates impact you?

Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It’s the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year. CBS News business analyst Jill Schlesinger joins “CBS…

Loved ones reunite as USS Harry S. Truman returns from history-making mission

Coming Home follows our nation’s service members as they return from deployment. The USS Harry S. Truman just returned from a groundbreaking military mission as the first carrier deployed as part of the Trump administration’s so-called Dynamic Force Employment strategy. Dana Jacobson followed the sailors as they reunited with family members. Categories: National, US & World News

Congress voting on stopgap spending bill to avoid government shutdown

Congress is taking action to prevent a threatened partial government shutdown Friday. The House plans to vote Thursday on a spending bill to pay the bills until Feb. 8. The Senate approved the measure Monday night without adding the money that President Trump demanded for border security. Nancy Cordes reports. Categories: National, US & World News

Winter storm and congestion to delay holiday travel

A powerful storm building in the Southeast threatens to make it harder for millions of Americans to travel this Christmas. AAA predicts more than 112 million Americans will travel by road, air, or train between now and the end of the year. David Begnaud reports. Categories: National, US & World News