Friday, November 15, 2024
Happening Now

Author Archives: Stonecom Interactive

FBI Director Wray says China targeting U.S. civilian infrastructure, economic security

FBI Director Christopher Wray painted a stark picture Wednesday during a congressional hearing on Chinese hackers, saying China is targeting critical infrastructure across the U.S. and that not enough attention is being paid to it. Wray also announced that an FBI operation had disrupted hundreds of U.S.-based routers hijacked by a state-sponsored Chinese hacker group known as “Volt Typhoon.” Source

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Texas and federal government still clashing over border issues

The state of Texas and the federal government continue clashing as the Texas National Guard installs more razor wire along the southern border despite a Supreme Court decision that allows federal officials to tear it down. Alison LaCroix, a constitutional law professor at the University of Chicago, joined CBS News to discuss the situation. Source

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The economic costs of war in the Middle East

As the war between Israel and Hamas nears the four-month mark, the International Monetary Fund has released its regional economic outlook for the Middle East and North Africa, warning of severe economic impacts if the war spreads throughout the region. James Swanston, an economist specializing in the Middle East and North Africa for capital economics, joined CBS News to break down the report. Source

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Federal Reserve to announce decision on interest rates

The Federal Reserve is holding its first rate meeting of the year Wednesday, with interest rates expected to be left unchanged. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joined CBS News with more insight on the Fed’s decision-making process. Source

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White House considering strategic bombing campaign in response to drone attack

President Biden says he has a plan to respond to the drone attack in Jordan that killed three Americans. Administration officials say it will likely involve multiple targets and actions over multiple days, all part of an effort to retaliate without escalating the conflict. CBS News senior White House and political correspondent Ed O’Keefe has more. Source

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