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As the unemployment rate rose slightly to 3.7% last month, hiring across the nation continued to remained robust. Jacob Sonenshine, a markets reporter at Barron's, joined Weijia Jiang on CBS News to discuss what the recent jobs report means for the Federal Reserve's monetary tightening.
CBS News chief foreign affairs correspondent Margaret Brennan joins CBS News' Catherine Herridge to discuss this week's edition of "Face the Nation." They break down the Federal Reserve's latest interest rate hike and preview an upcoming exclusive interview with Ukrainian President Volodymyr Zelenskyy.
The average interest rate for a credit card has climbed to a record high as the Federal Reserve keeps hiking interest rates to curb inflation. Lilia Luciano takes a look.
According to a monthly report released by the Labor Department Thursday, the consumer price index rose 7.7% from October 2021 to October 2022, an indication that inflation may finally be easing. Lori Bettinger, president of BancAlliance, joined John Dickerson to discuss the latest inflation data, and what it means for the economy.
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
Historically, the stock market sees a considerable rise in the year following the midterms. Marley Kayden, business reporter and professor at DePaul University, joins CBS News to discuss investors' expectations for the 2022 elections and what we should anticipate from the market.
The Dow Jones rose more than 420 points on Monday ahead of Election Day. Kristin Myers, editor-in-chief of "The Balance," joins CBS News to discuss what she expects and the trends we've historically seen have following the midterms.
The Labor Department reported a drop in jobless claims for the week ending Oct. 29. This comes as the Federal Reserve hiked interest rates this week in an effort to tame rising inflation. Nick Bunker, economic research director for the Indeed Hiring Lab, joined CBS News to help bring clarity to the state of the economy and project what could be next.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
Mortgage rates dipped for the first time in months as the Federal Reserve announced its latest interest rate hike. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" with the latest.
The Fed lifted its key interest rate again, marking the sixth rate hike this year and the fourth consecutive 0.75 percentage point jump since June. William Lee, the chief economist at the Milken Institute, joins Elaine Quijano to discuss the policy.
The Federal Reserve raised its benchmark interest rate by three-quarters of a point as it seeks to ease inflation. Robert Costa reports on the impact it could have on the midterm elections.
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
The Federal Reserve is widely expected to raise interest rates by three-fourths of a percentage point. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News' Errol Barnett and Lana Zak on how this will impact consumers.
Markets turned volatile after the Federal Reserve announced it would increase interest rates by three-quarters of a percentage point. CBS News' Errol Barnett and Lana Zak speak with Edward Moya, senior market analyst for Oanda, about what today's action could signal for the markets and the economy.
In an effort to bring down the worst inflation the U.S. has seen in years, regulators are prepared to hike interest rates by another three quarters of a percentage point Wednesday. Megan Greene, senior fellow at Brown University and global chief economist at the Kroll Institute, joins CBS News to discuss the fallout and what it means for home buyers and sellers.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
Federal Reserve policymakers are meeting Wednesday and it's likely they will raise interest rates by another 75 basis points in a continued effort to curb inflation. Previous rate increases have pushed the average 30-year fixed mortgage rate above 7%. Nancy Chen reports on how already high rates are affecting the housing market.
The central bank on Wednesday said it is increasing rates by 0.75 percentage point, its sixth boost this year.
A Kansas woman who trained over 100 fighters in an all-female ISIS battalion in Syria was sentenced in Alexandria, Virginia to 20 years in prison and 25 years of supervised release. The Federal Reserve is expected to announce its fourth straight interest rate hike. And the Philadelphia Phillies shut out the Houston Astros to take a 2-1 lead in the World Series.
Investors are bracing for the Federal Reserve to likely announce another aggressive interest-rate hike Wednesday. CBS News' Lana Zak spoke with John Leer, chief economist at Morning Consult, about the Fed's expected decision.
The Federal Reserve is expected to raise interest rates as the U.S. grapples with ongoing inflation amid a looming recession. Axios managing editor of Business and Markets Javier David joins "CBS News Mornings" to discuss the ripple effects the rise could have globally.
The Federal Reserve is widely expected to raise interest rates by another 75 basis points on Wednesday. Jon Hilsenrath, a senior writer for The Wall Street Journal, discussed why and what this move means for the U.S. economy.
A key inflation measure from the Commerce Department shows prices still high ahead of the Fed's interest rate meeting next week. Ellis Phifer, managing director of fixed income research at Raymond James, joins CBS News' Tanya Rivero and Elaine Quijano to discuss the economy and issues driving the markets.
According to a Bureau of Economic Analysis report released Thursday, the U.S. gross domestic product grew at a 2.6% annual rate from July through September. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joined John Dickerson to discuss the latest economic numbers and state of the economy.
The government shutdown stretched into Day 27 on Monday as the stalemate over how to reopen the government continues. Follow live updates here.
President Trump told reporters as he flew into Japan that he expects to have a trade agreement with China finalized by the end of his tour of Asia.
Hurricane Melissa strengthened into a Category 5 storm early Monday, unleashing torrential rain and threatening to bring catastrophic flooding to the northern Caribbean.
President Trump had his second physical in six months earlier this month at Walter Reed Medical Center.
The USDA notice comes after the Trump administration said it would not tap roughly $5 billion in contingency funds to keep benefits through SNAP.
Lithuania accuses Belarus and Russia of a "deliberate escalation of hybrid warfare" as balloons shut down major airport.
A TikTok user was arrested earlier this month for threatening Attorney General Pam Bondi.
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Dr. Peter Attia has declared war on what he calls the marginal decade, the final years of life that are often plagued by sickness and immobility.