Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
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Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
A shipment of about 190,000 pounds of baby formula arrived Sunday in Los Angeles from the Australian company Bubs Australia, as part of President Biden's "Operation Fly Formula."
Google "facilitated the publication of horribly racist material" with two YouTube videos, plaintiff's lawyer says.
Despite receiving shipments from several countries, the baby formula shortage in the U.S. continues. Last week, FDA chief Dr. Robert Califf faced lawmakers who grilled him on the agency’s response. Meg Oliver reports.
In 1996, just 12 days after 35 people were killed in a mass shooting in Port Arthur, Tasmania, the government of Australia enacted strict gun control legislation, including a ban on the sale and import of all automatic and semi-automatic rifles and shotguns, and a gun buyback program. Since then, there have been only one mass shooting in Australia, and gun homicides decreased nearly 60 percent. Correspondent Seth Doane talks with Australian politicians, and with a victim and gunowner, about the sweeping changes. (A previous version of this story was broadcast on March 13, 2016.)
Australia has elected a prime minister who previously backed calls to remove Queen Elizabeth II as the head of state. CBS News contributor Simon Bates has more in this edition of "London Calling."
People in Britain, Australia and New Zealand are yet again struggling to comprehend why America's lawmakers appear unmoved by a massacre of innocents.
"It's just hard to imagine, hard to fathom, how a great nation like the United States can go on like this," said French President Emmanuel Macron.
From a billionaire personally funding the fight against climate change to protectors of human rights, these are the people dubbed Time's 100 most influential for 2022.
CBS News sees U.S. Marines train for warfare in terrain just like Taiwan's as Biden bolsters alliances in the region. It's all a clear message to Beijing.
During his first official trip to Asia, President Biden said the U.S. would respond "militarily" if China were to invade the self-ruled island of Taiwan. The comment is drawing criticism due to the United States' long-standing policy of maintaining ambiguity when it comes to making a security commitment to Taiwan. Dan Blumenthal, senior fellow and director of Asian studies at the American Enterprise Institute, joined CBS News' Lana Zak to discuss.
In 2020, contributor Holly Williams reported on the unprecedented scale of Australia's bushfires, which showed the drastic effects of climate change.
Researchers say climate change is "the greatest threat to the Reef."
The drugs have an estimated street value of $20 million AUD, according to officials.
This Mother's Day, we're saluting all the supermoms around the world who do so much every day to protect their children — like this mom in Australia, who in 2020 sprung into action to save her two daughters from a venomous snake outside their home.
The U.S. mathematician's brother said the ruling brought "fairness," despite the judge deciding there was insufficient evidence to prove a hate crime.
The man admitted to pushing Scott Johnson off a Sydney clifftop in what prosecutors now call a hate crime, but police initially dismissed as a suicide.
A 5-year-old girl became stranded at a train station in Melbourne, Australia, when she jumped onto the platform and the train doors closed before her mother could follow. But then two good Samaritans helped her reunite with her mother.
China and the Solomon Islands reached an agreement this week on a controversial security deal. The pact will allow Beijing to send police and military personnel to the nation. China can also port some of its warships there. Charles Edel, Australia chair and senior adviser at the Center for Strategic and International Studies, joins CBS News' Carter Evans to discuss what this deal means.
Two strangers in Australia teamed up to rescue a struggling dog from a weed-filled lake using an inflatable flip-flop and crocodile.
“Give me a break”: This Australian woman was shocked to find a venomous brown tree snake hiding in her antique radiogram cabinet, where she says she also keeps her fish food.
As floods swept away homes and cars in Australia, online rumors claimed an aviation company documenting the damage was dropping chemicals to "activate rain."
A man was jogging when he encountered the animal, which had skin like a shark.
A sea creature described as having "human"-like lips and skin like a shark's washed ashore on Bondi Beach in Sydney, Australia, on Tuesday. Drew Lambert, who took the video, believes it could be a "decomposing coffin ray."
The move comes as China and Russia make rapid advances in their programs. Hypersonic missiles are so fast they can't be intercepted by any current missile defense system.