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President Trump has been pressuring the Federal Reserve to lower interest rates, but the central bank held them steady on Wednesday. Peter Navarro, senior counselor for trade and manufacturing to President Trump, joins "The Takeout" to explain why he believes rates should be cut.
Much remains to be decided about President Trump's tariffs. Top trade adviser Peter Navarro joins "The Takeout" to discuss where things are headed.
The Federal Reserve left interest rates unchanged on Wednesday despite President Trump's push for a cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Americans have more positive views of the condition of the stock market, up from May.
The Federal Reserve maintained its benchmark interest rate at Wednesday's Federal Open Market Committee meeting. CBS News' Kelly O'Grady and Olivia Rinaldi have the latest.
More high-income Americans are falling behind on their loan payments as the market for white-collar jobs cools.
Bank of America's Holly O'Neill joins "CBS Mornings Plus" to break down new survey findings showing that more than half of Gen Z cite the cost of living as the biggest barrier to financial success.
Stela Perez makes jeans, tops and dresses out of her fashion company, A Cut Above the Rest LA, but says the price of materials and labor has recently decimated her "made in America" business. Jo Ling Kent reports.
New numbers show Americans have a slightly more positive outlook on the economy. The Consumer Confidence Index rose two points in July compared to June. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Most Americans under 30 approved at the start of President Trump's second term but are dissatisfied with the economy's direction.
The National Retail Federation says more parents than ever are bracing for price hikes and are trying to get ahead of the Aug. 1 tariff deadline by shopping for school supplies in the middle of summer. Ali Bauman has more.
European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.
In 2010, a devastating earthquake drove Haitians from their homeland to rebuild their lives. Ten years later in the wake of a pandemic-shattered economy, thousands of native born Haitians that had made their home in South America left their lives behind again and began making their way north to America. CBSN Originals met families preparing to cross the treacherous Darien Gap, dense jungle that correspondent Adam Yamaguchi trekked 4 years earlier to document the sacrifice migrants are willing to make in the hopes of finding a better life in the US.
President Trump wants Texas lawmakers to redraw the state's congressional map to increase Republicans' chances of keeping a House majority after the 2026 midterms. Speaker Mike Johnson joins "The Takeout" to weigh in on the proposal. Then, Molly Ball, senior political correspondent for The Wall Street Journal, Kadia Goba, congressional reporter for The Washington Post, and Alex Isenstadt, senior political reporter for Axios, join with analysis.
President Trump visited the Federal Reserve on Thursday, where he publicly disagreed with its chair, Jerome Powell, about the central bank's renovation costs. Following the tour, Mr. Trump denied tensions between himself and Powell, saying they had a "good meeting." CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump toured the Federal Reserve building today alongside Federal Reserve Chair Jerome Powell. The visit comes as tensions run high between the two men. The president has repeatedly criticized Powell for not lowering interest rates and for the high cost of ongoing renovations. CBS News White House reporter Aaron Navarro has more.
President Trump visited the Federal Reserve on Thursday to tour its multi-billion-dollar renovation project. It comes amid his repeated public attacks on Fed Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
House Speaker Mike Johnson told CBS News chief Washington correspondent Major Garrett that he understood President Trump's frustration with Federal Reserve Chairman Jerome Powell, adding that it's going to be "a rocky road" for the Fed chair between now and the end of his term in May 2026. CBS News MoneyWatch correspondent Kelly O'Grady and Barron's senior writer Martin Baccardax join with analysis.
President Trump toured renovations at the Federal Reserve headquarters with Chair Jerome Powell on Thursday. The visit comes amid the president's criticism of Powell over the central bank holding interest rates steady. CBS News MoneyWatch correspondent Kelly O'Grady has more.
A new Charles Schwab survey finds many Americans believe they need over $800,000 to be financially comfortable, yet a third have no financial plan. CBS News business analyst Jill Schlesinger joins to explain what to do.
President Trump unveiled his Artificial Intelligence Action Plan, saying the goal is to strengthen the U.S.'s technical capabilities and remove guardrails put in place by the Biden administration. CBS News contributor Javier David breaks it down.
Car manufacturing giant General Motors said the Trump administration's tariffs are hurting its bottom line. Kelly O'Grady explains.
A new Congressional Budget Office report projects President Trump's tax and spending law will add more than $3 trillion to the federal deficit over the next decade. Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, joins "The Daily Report" with more.
As we approach the Aug. 1 trade tariff deadline, President Trump has announced the details of new trade deals with both Indonesia and the Philippines. CBS News MoneyWatch correspondent Kelly O'Grady has more.
A 25% tariff on vehicles and auto parts imported into the U.S. has hit automakers amid President Trump's push for global trade partners to reach deals with the U.S. by Aug. 1. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Two children were killed and 18 other people were injured when the shooter opened fire at Annunciation Catholic Church during a Mass.
The Trump administration is trying to fire CDC Director Susan Monarez, and several top CDC officials also resigned Wednesday.
Teixeira will run as a Republican in the 21st District, which covers much of the Hill Country.
One of the young victims of Wednesday's deadly mass shooting at a Minneapolis Catholic school remains in critical condition Thursday, at the same hospital where her mother works as a pediatric critical care nurse.
Robert Primus, a Democrat who was nominated by President Trump in his first term, posted on social media that the firing was "legally invalid."
A woman was hospitalized with serious injuries after a bear attacked her outside of her home in southern Alaska on Tuesday morning, authorities said.
Ruth Miller told investigators she believed she was acting at the direction of God when she allegedly killed her son Vincen at Atwood Lake, authorities said.
South Carolina officials asked the Supreme Court to allow the state to enforce a measure that makes school funding contingent on compliance with a rule on transgender bathroom use.
Susan Monarez, the director of the Centers for Disease Control and Prevention, has been removed from her job, a source told CBS News — but her attorneys called her firing "legally deficient."