
Wall Street's reaction to rate hike
CBS News reporter Sarah Ewall-Wice and host of "TheStreet" J.D. Durkin join Errol Barnett and Lana Zak to discuss the latest interest hike announced by the Federal Reserve.
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CBS News reporter Sarah Ewall-Wice and host of "TheStreet" J.D. Durkin join Errol Barnett and Lana Zak to discuss the latest interest hike announced by the Federal Reserve.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
U.S. awaits grand jury action on Trump; Federal Reserve to announce interest rate decision.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
The Federal Reserve will decide whether it needs to boost interest rates again at a meeting Wednesday. Inflation still remains high, but the nation's recent banking crisis is causing concern over how the Fed should respond. CBS News senior White House and political correspondent Ed O'Keefe has more, and then Ann Berry, the founder of Threadneedle Strategies, joins CBS News to discuss the next steps for the Fed.
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
The Federal Reserve is widely expected to raise interest rates for ninth time in roughly the span of a year today. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to discuss what analysts are anticipating and the significance of the central bank's forthcoming decision.
The Federal Reserve will announce its interest rate decision after several recent bank failures have shaken the industry. The housing industry will be one of the most impacted by the decision. Ed O'Keefe reports.
As the Federal Interest rates hike up, the auto industry fears for its future. Most Americans depend on cars to get around, but high price tags and rising interest rates make owning one increasingly out of reach. Nancy Chen reports.
The Federal Reserve is expected to announce its latest decision on interest rates Wednesday afternoon. CBS News reporter Sarah Ewall-Wice joins "CBS News Mornings" to explain how the banking crisis is playing into the decision and what makes it different from the 2008 financial crisis.
The central bank is meeting this week to decide whether to continue raising interest rates as the banking system remains unsettled. Mark Zandi, a chief economist of Moody's Analytics, joined John Dickerson on "Prime Time" to discuss.
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
The Federal Reserve is expected to announce another round of interest rate hikes while simultaneously dealing with a major banking crisis. Ed O'Keefe joins "CBS News Mornings" to explain how the White House is trying to ease concerns.
The Federal Reserve will announce its rate decision after several recent bank failures have shaken the industry. Real estate has been among the most impacted sectors. Ed O'Keefe reports.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
The Federal Reserve is expected to announce another round of interest rate hikes on Wednesday. Colby Smith, U.S. economics editor for the Financial Times, joins CBS News to discuss how the Fed's potential decision is tied to the banking crisis.
Stocks closed higher on Monday after coordinated action from the Federal Reserve and other leading central banks to restore confidence in the banking system. Chief economist at the Conference Board, Dana Peterson, joins CBS News's John Dickerson to discuss.
The Federal Reserve is expected to announce another interest rate hike when it meets this week amid a crisis of confidence in the banking industry. The Federal Deposit Insurance Corporation announced over the weekend that it sold a huge portion of failed Signature Bank to Flagstar Bank. Axios managing editor for business and markets and CBS News contributor Javier E. David discusses with Anne-Marie Green and Vlad Duthiers.
CBS News' Lilia Luciano and Tony Dokoupil are joined by Sultan Megjhi, the former chief investment officer of the FDIC, to discuss the issues weighing on the Federal Reserve as it considers its next move on interest rates.
A group of 11 major banks were working on a $30 billion rescue plan for First Republic Bank on Thursday. Also, Treasury Secretary Janet Yellen told senators the banking system "remains sound" in the wake of the recent failures of Silicon Valley Bank and Signature Bank. Robert Schein, chief investment officer for Blanke Schein Wealth Management, joined Elaine Quijano and Lana Zak to discuss.
Former FDIC chair Sheila Bair joins John Dickerson on "Prime Time" to discuss the recent failure of Silicon Valley Bank and whether Americans need to be concerned about broader instability in the banking system.
The Dow Jones fell sharply Wednesday after shares in Swiss bank Credit Suisse hit a record low. Host of "The Street" J.D. Durkin spoke with CBS News about recent trends in the marketplace and how they could impact federal economic action.
Stocks of U.S. regional banks are still reeling following the failures of Signature Bank and Silicon Valley Bank. Keith Noreika, executive vice president of Patomak Global Partners and former acting Comptroller of the Currency, joins CBS News' John Dickerson to discuss.
Investors are reacting to the latest consumer price index numbers and the failure of Silicon Valley Bank and Signature Bank. Joe Saluzzi, co-founder and partner of brokerage firm Themis Trading LLC, joined CBS News' Anne-Marie Green and Nikki Battiste to discuss the reaction, what Meta's layoffs mean for the tech sector and a looming potential interest rate hike.
The Consumer Price Index report for February indicates inflation is cooling off. The new numbers were released a few days after Silicon Valley Bank and Signature Bank failed, and ahead of a Federal Reserve meeting on interest rates next week. Megan Greene, the global chief economist at Kroll, joins CBS News to discuss.
U.S. ally Qatar condemns Israel for strikes targeting Hamas leaders in its capital city Doha, calling them "a blatant violation of all international laws and norms."
Health and Human Services Secretary Robert F. Kennedy Jr. is releasing the "Make Our Children Healthy Again" report, which is expected to cover topics close to his MAGA agenda.
Border Patrol official Gregory Bovino, who led controversial immigration enforcement raids in southern California this summer, has arrived in Chicago.
As he sends more troops to Venezuela's borders amid a standoff with Trump, President Nicolas Maduro says he's also rescheduling Christmas, to defend "the right to happiness."
Students across the country are increasingly struggling to meet proficiency standards in science, math and reading, newly released data shows.
President Volodymyr Zelenskyy posted amateur video showing the aftermath of a Russian strike on a Ukrainian town.
The Asian longhorned tick, which has been spotted in over 20 states, was first identified in the U.S. in New Jersey eight years ago.
The Drug Enforcement Administration said its efforts resulted in more than 600 arrests in operations targeting the Sinaloa drug cartel, which has been labeled a terrorist group.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.