The Federal Reserve on Wednesday announced that it is accelerating its removal of monetary support for the economy, citing a rise in inflation that has seen the biggest jump in prices nearly 40 years. In a move to cool growth, policy makers also said they expect to hike interest rates …

The Senate voted Wednesday night to overturn President Biden’s COVID-19 vaccine rule and testing requirements for private businesses. The final tally was 52-48 as Democratic Senators Joe Manchin of West Virginia and Jon Tester of Montana joined all Republicans in voting in favor of rescinding the requirements. Lawmakers, through the …

Washington — For the first time in nearly 30 years, the future of abortion rights will face its most consequential test when the Supreme Court convenes Wednesday to hear a high-stakes showdown taking aim at nearly five decades of precedent. At the heart of the dispute before the high court, …

A Michigan man accused of spiking his wife’s cereal with heroin was convicted of murder and other crimes Wednesday. The medical examiner had classified Christina Harris’ death in 2014 as an accidental overdose. But investigators subsequently alleged that it was a murder scheme hatched by Jason Harris at their Davison …

Retail sales surged by nearly 2% in October — the biggest gain since March, when many Americans received stimulus checks. Economists expect the buying surge to continue through the holidays, but many retailers are struggling to fill holiday job openings.  Eve Golden can’t find any full-time workers to staff her …

Senator Kyrsten Sinema, one of the two moderate Democrats in the Senate who have raised concerns about the price tag of President Biden’s Build Back Better Act, will be at the White House on Monday for the signing of the infrastructure bill, her spokesperson confirmed to CBS News. President Biden is …

Americans living in predominantly Black neighborhoods around the U.S. are twice as likely to dispute a mistake on their credit report than people in mostly White neighborhoods, according to federal regulators. And the prevalence of such errors could be hurting some households whose finances took a hit during the COVID-19 …

Rapper and business mogul Jay-Z joined Instagram on Tuesday, and has already made history on the platform. Not only did he quickly gain over 1 million followers, he also became the only person Beyoncé follows. Beyoncé, Jay-Z’s wife of 13 years, has a whopping 216 million followers on Instagram. She …

Voters in Minneapolis have on Tuesday rejected a ballot measure to dismantle their police department and replace it with a Department of Public Safety, according to the Associated Press.  For eligible voters on Tuesday, the referendum, known as “Question 2”, asked members of the community to amend the city’s charter …

A 34-year-old man attempted to get away from police over the weekend by jumping from the top of a Florida bridge into a river after losing control of a stolen van, authorities said. Aerial footage of the wild chase showed the man plunge into the water as the police closed …