Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Watch CBS News
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Florida authorities say they're pursuing a criminal case against a man accused of trying to assassinate President-elect Donald Trump for a car crash that occurred after his arrest.
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
Trump's lawyers said his conviction in state court should not stand because he was elected president after his conviction.
Jared Moskowitz was first elected to Congress in 2022 after serving in the DeSantis administration as Florida's director of Emergency Management.
Trump had warm words about TikTok and its near-term future earlier Monday, as the app faces a U.S. ban that's set to go into effect next month unless its Chinese-owned parent company cuts ties with it.
Tech companies are sending big bucks to President-elect Donald Trump's nonprofit inaugural committee.
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.
ABC News has agreed to pay $15 million toward Donald Trump's presidential library to settle a lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that Trump had been found civilly liable for raping writer E. Jean Carroll.
President-elect Donald Trump huddled with allies while attending one of college football's biggest rivalries.
ABC News agreed to contribute $15 million to President-elect Donald Trump's presidential foundation and museum to settle the defamation suit filed by Trump.
Aaron Siri, an attorney to Robert F. Kennedy Jr., petitioned the FDA to "withdraw or suspend" its approval of a polio vaccine.
President-elect Donald Trump said Republicans will try to end the decades-long ritual of changing the clocks twice a year.
Here's a list of people President-elect Donald Trump has chosen for critical Cabinet posts and top White House jobs.
President-elect Donald Trump has invited Chinese President Xi Jinping to his inauguration next month, according to multiple sources.
The short list for Time's 2024 Person of the Year included Donald Trump, Kamala Harris, Kate Middleton, Elon Musk and Benjamin Netanyahu.
The move comes two weeks after Meta CEO Mark Zuckerberg traveled to Florida and dined with President-elect Donald Trump in Mar-a-Lago.
President-elect Donald Trump announced in November that he intended to name Kash Patel to replace Cristopher Wray as FBI director.
Attorneys for a man accused of attempting to assassinate President-elect Donald Trump in September asked a federal judge to delay his trial until next December.
Attorneys for Ryan Wesley Routh, who is man accused of attempting to assassinate President-elect Donald Trump in Septembe,r asked a federal judge to delay his trial until next December.
Manuel Bojorquez reports defense lawyers for Ryan Routh want the start of the trial, scheduled for Feb. 2025, to be delayed until next December. They said they did not have adequate time to review all of the evidence turned over by the prosecution.
President-elect Donald Trump announced a new line of merchandise on his Truth Social app, a fragrance line called "Fight, Fight, Fight."
"The Task Force found that the tragic and shocking events in Butler, Pennsylvania were preventable and should not have happened," a House task force found.
President-elect Donald Trump and Canadian Prime Minister Justin Trudeau recently had dinner at Mar-a-Lago.
Social media and functional nutrition are helping women manage symptoms like mood swings, fatigue and weight gain — often alongside conventional treatments.
Miami-Dade homicide detectives and OSHA are expected to investigate the industrial incident behind the Bal Harbour Shops.
Charges will be dismissed against David Macey in a year if he does not break any laws.
Extra patrols were seen at religious schools across Miami-Dade as parents reacted to a recent threat and tragedy.
Jackson died in a helicopter crash while responding to an emergency call. A new tribute and logo now honor his legacy.
Social media and functional nutrition are helping women manage symptoms like mood swings, fatigue and weight gain — often alongside conventional treatments.
Miami-Dade homicide detectives and OSHA are expected to investigate the industrial incident behind the Bal Harbour Shops.
Charges will be dismissed against David Macey in a year if he does not break any laws.
The CBS Miami Nat Moore Trophy recognizes the top high school football player in Miami-Dade, Broward and Monroe counties.
Extra patrols were seen at religious schools across Miami-Dade as parents reacted to a recent threat and tragedy.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
A federal judge in New York kept alive a lawsuit accusing officials in Saudi Arabia of assisting the Sept. 11 hijackers — which the Saudi government has vehemently denied.
Immigration officials are moving detainees out of a controversial, state-run detention center in the middle of the Florida Everglades dubbed "Alligator Alcatraz."
A judge said in an order that it was "baffling" that the woman had been "detained in the first place."
Susan Monarez, the director of the CDC, has been removed from her job, a source told CBS News — but her attorneys called her firing "legally deficient."
News that the last detainee at Alligator Alcatraz could leave the facility within days came less than a week after a federal judge in Miami ordered the detention center to wind down operations.
Jim DeFede goes one-on-one with Marvin Dunn, the historian, author, and civil rights advocate who is an authority on anything to do with Black Miami or Black Florida.
Jim DeFede goes one-on-one with Miami-Dade County Commissioner Raquel Regalado to discuss the county budget and potential cuts to services.
Jim DeFede goes one-on-one with Republican State Rep. Alex Andrade about the Hope Florida Foundation scandal.
Jim DeFede goes one-on-one in separate interviews with U.S. Congressman Darren Soto and former Miami Beach Mayor Dan Gelber about the subject.
Lucia Baez-Geller is a former Miami-Dade school board member who lost in her bid two years ago to oust Maria Elvira Salazar.
CBS News Miami visited a South Florida family's kitchen with a nutritionist to gather information that can help you live a better life.
A Florida dairy farm was named in a lawsuit filed by a woman who claims she lost her unborn child after getting sick from drinking raw milk. Her toddler also got sick.
Instagram rolled out a new Map feature that lets users see their friends' locations in real time. Here's why privacy experts are concerned.
The Boar's Head deli meat plant at the heart of a deadly food-poisoning outbreak is set to reopen in the coming months, but recent reports point to ongoing sanitation problems.
A Florida woman was arrested for allegedly impersonating a registered nurse and treating over 4,000 patients without a license.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
Around 5:50 a.m., LAPD officers responded to Ventura Boulevard and Vineland Avenue for a man walking in the street.
Tennis legend Serena Williams is sharing her journey with weight loss drugs, saying she's lost 31 pounds in 8 months using GLP-1s.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
The Oscar-nominated actor famously played arch-villain General Zod in "Superman" and "Superman II."
Playboy will move its global headquarters from Los Angeles to Miami Beach and open a new club with a restaurant and members-only section.