The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged. The announcement means policymakers will hold the federal funds rate between 5.25 and 5.50%, the highest level in 23 years. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine the decision. … [Read more...] about Fed chair defends decision to hold off on interest rate cuts
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U.S. national debt hits new record, topping $35 trillion
The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem. … [Read more...] about U.S. national debt hits new record, topping $35 trillion
U.S. men’s gymnastics wins first Olympic medal since 2008
The U.S. men's gymnastics team won bronze in the Paris Olympics team event on Monday. It was the first time the team has medaled since the 2008 games in Beijing. "CBS Saturday Morning" co-host and CBS News and sports correspondent Dana Jacobson joins from Paris with more on how Team USA is performing in the City of Lights. … [Read more...] about U.S. men’s gymnastics wins first Olympic medal since 2008
Trump escalates rhetoric against Kamala Harris at campaign event
Former President Trump criticized Vice President Kamala Harris as "a lunatic" at a campaign event in Minnesota on Saturday. Meanwhile, the Harris campaign is reporting an influx of support and cash, two thirds from first-time donors. Skyler Henry reports from the White House. … [Read more...] about Trump escalates rhetoric against Kamala Harris at campaign event
How feral chickens rule the roost in Key West
In Florida's Key West, the chickens are as much a tourist attraction as the Southernmost Point Buoy. … [Read more...] about How feral chickens rule the roost in Key West