Washington — The true price tag of the Iran war is closer to $50 billion, U.S. officials familiar with internal assessments told CBS News, roughly double the public estimate the Pentagon cited in congressional testimony this week. In testimony Wednesday on Capitol Hill, a Pentagon official placed the cost of the Defense Department’s Operation Epic …
The U.K. has raised its national threat level from “substantial” to “severe” following a stabbing attack that wounded two Jewish men in Golders Green, a residential area in northwest London, on Wednesday. Officials cited the increasing threat of Islamist and extreme right-wing terrorism in the country. In a government statement, Home Secretary Shabana Mahmood described …
A $40,000 deposit will grow differently depending on the savings account type it is kept in. Getty Images/iStockphoto Yet another interest rate pause from the Federal Reserve this week may not have been the news millions of borrowers were hoping for. But it will likely maintain the status quo for savers, and that’s a good …
Louisiana Secretary of State Nancy Landry said Thursday that the state will suspend the House primaries for the upcoming elections on May 16 in the wake of the Supreme Court striking down the state’s Congressional map. Landry said that while the U.S. House races will remain on voters’ ballots, “any votes cast in those races …
Washington — The Senate rejected Democrats’ sixth attempt to limit President Trump’s authority to wage war on Iran, with Republicans continuing to stand behind the administration as the conflict approaches a key 60-day deadline. A procedural vote to advance a war powers resolution brought by California Democratic Sen. Adam Schiff failed 47 to 50 on …
With AI ever more capable of producing photorealistic images, seemingly genuine videos and author-like text, it’s getting harder to distinguish human-generated art and other content from large language model fare. When it comes to music, Spotify said Thursday it wants to help users tell the difference. The audio streaming platform has launched a certification tool that …
Homebuyers and owners looking to refinance have been left with a series of questions following this week’s Fed rate pause. Maks_Lab/Getty Images The Federal funds rate will remain on hold. That was the major news that came out of the central bank’s meeting this week after it elected to keep the rate frozen at a …
Watch: GOP Sen. Ernst criticizes Hegseth for firing Army chief of staff – CBS News Watch CBS News GOP Sen. Joni Ernst of Iowa criticized Defense Secretary Pete Hegseth for his decision to fire Army Chief of Staff Randy A. George. Hegseth appeared before a Senate committee to discuss the Pentagon’s 2027 budget request.
The House approved a Senate bill to fund the Department of Homeland Security on Thursday, signaling an end to the longest partial government shutdown in U.S. history. CBS News’ Nicole Sganga, Ed O’Keefe and Nikole Killion have the latest.
Sen. Richard Blumenthal, a Connecticut Democrat, focused his line of questioning on the cost of the Iran war. Blumenthal said he believes the $25 billion cost of the war was less than the actual total.