Fed chair Kevin Warsh faces a key test as inflation compounds the affordability crisis

The debate over the best course for interest rates continued to swirl heading into Wednesday’s rate-setting vote at the Federal Reserve in Washington. While parts of the U.S. economy are relatively stable, like the labor market, experts say this stability could be undermined by the potential inflationary impacts of a longer Iran war or the … Read more

Retired CENTCOM commander says U.S. compounds in Kuwait are

Sources told CBS News that dozens of U.S. service members suffered serious injuries, including shrapnel wounds and brain trauma, in an Iranian drone strike on a tactical operation center in Kuwait on March 1. Six U.S. troops were killed in the same attack. Former CENTCOM Commander General Joseph Votel joins CBS News to discuss. Source … Read more