5news.U.S. news, all in one place

BREAKING

› Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Composting is an easy way to reduce food waste. Here's how to do it › We stopped using aluminum foil for cooking and you should too. Here's what to use instead › The beloved Dyson Supersonic hair dryer is at its lowest price ever › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Composting is an easy way to reduce food waste. Here's how to do it › We stopped using aluminum foil for cooking and you should too. Here's what to use instead › The beloved Dyson Supersonic hair dryer is at its lowest price ever

Latest

Why the Fed hiked interest rates this month

CBS News · September 16, 2026 at 6:12 PM

The Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023.

The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%.

Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.

Read the full article on CBS News ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS News.

More from CBS News

In Kentucky campaign stop, Trump says he "can do stuff that is unbelievable"

CBS News · 3 min ago

Oregon school shooter ID'd, used shotgun bought by mother, sources say

CBS News · 3 min ago

Fire breaks out after deadly incident at Canadian military base, officials say

CBS News · 5 min ago

New nationwide protests rock France as buildings looted, burned

CBS News · 6 min ago

More in Latest

Bidets save you money and reduce waste — we tested the best options out there

CNN · just now

50+ products to make your life easier and our planet cleaner

CNN · just now

Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love

CNN · just now

A head-to-toe guide of how men should dress this spring, and where they should shop

CNN · just now

42 of the most useful travel products you can buy on Amazon

CNN · just now

The 7 best high-yield savings accounts of April 2023

CNN · just now