Producer prices rose less than expected last month, encouraging investors

U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared with a year earlier, producer prices rose 3.3%, biggest jump since

Pete Hegseth, President-elect Trump’s defense secretary pick, faces confirmation hearing

Pete Hegseth, President-elect Trump’s defense secretary pick, faces confirmation hearing – CBS News Watch CBS News The first confirmation hearing for President-elect Donald Trump’s Cabinet picks is taking place Tuesday for Pete Hegseth, selected to lead the Department of Defense. Senators are expected to question Hegseth about allegations that he’s abused alcohol and engaged in

Special counsel report on President-elect Trump’s alleged 2020 election interference released

Special counsel report on President-elect Trump’s alleged 2020 election interference released – CBS News Watch CBS News Part of former special counsel Jack Smith’s report on the investigation into President-elect Donald Trump’s efforts to stay in power after the 2020 presidential election has been released. In the report, Smith concluded there was an “unprecedented criminal

Watch Live: Pete Hegseth faces senators at confirmation hearing

Pete Hegseth takes his seat at his confirmation hearing before the Senate Armed Services Committee on Capitol Hill on Jan. 14, 2025. SAUL LOEB/AFP via Getty Images Wicker touted Hegseth’s qualifications in his opening remarks and the urgency of the moment on the world stage, while acknowledging the scrutiny that Trump’s pick for defense secretary

Three Meals: Delaware reflects on Biden’s legacy as he prepares to return home

Three Meals: Delaware reflects on Biden’s legacy as he prepares to return home – CBS News Watch CBS News With President Biden preparing to leave office, “CBS Mornings” visits his home state of Delaware — where he attended school and launched his political career — to hear from residents about his lasting impact. View CBS