Stocks plummet after interest rate hike
The Dow, Nasdaq and S&P plummeted Thursday as investors worry that the Federal Reserve's plan to fight inflation could slow the economy. CBS News business analyst Jill Schlesinger explains the volatility.
Federal Reserve
MoneyWatch: Impact of interest rate hike
The Federal Reserve announced its biggest interest rate increase in over 20 years. The 0.5% increase is in response to high levels of inflation in America. Ajay Rajadhyaksha, Global Chairman of Research at Barclays, joins "CBS News Mornings" to discuss the impact it will have on Americans and the motivations behind the Fed's move.
5/4: Red and Blue
Federal Reserve raising interest rates; Hawaii lawmakers pass bill to raise minimum wage
Democrats face challenges on abortion, economy
President Biden is facing concerns over jobs, the economy and inflation as well as the leak of a Supreme Court draft opinion indicating Roe v. Wade may soon be overturned. CBS News senior White House and political correspondent Ed O'Keefe joins Vladimir Duthiers and Anne-Marie Green with the latest.
Fed raises interest rates
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the Federal Reserve raising interest rates to combat high inflation. She explains when prices may finally drop and what this means.
Fed interest hike means higher mortgages
Higher interest rates mean higher mortgage payments for homeowners nationwide. As the Federal Reserve seeks to curb a booming housing market, Mark Strassmann travels to Nashville, Tenn.
MoneyWatch: Market moves on Fed rate hike
The stock market rallied on Wednesday after the Federal Reserve's announcement that it would raise interest rates by half a percentage point. Chief financial analyst at Bankrate.com Greg McBride joins CBS News' Tanya Rivero and Mola Lenghi with more.
Stocks see biggest gain in 2 years as Fed quashes high-hike fears
Investors cheered after Federal chair Jerome Powell says central bank is "not actively considering" bigger rate hikes.
Federal Reserve raises interest rates
The Federal Reserve has raised interest rates by half a percentage point. Megan Greene, global chief economist for the Kroll Institute, joined CBS News' Tanya Rivero and Mola Lenghi to discuss the Fed's decision.
How interest rates affect cryptocurrency
There are concerns the price of cryptocurrencies and other digital assets could tank when the Federal Reserve announces hikes to interest rates to offset inflation. Paul Vigna, a reporter with The Wall Street Journal, spoke with CBS News anchors Tanya Rivero and Mola Lenghi about the impact on crypto markets.
Biden speaks ahead of expected Fed rate hike
President Biden addressed the state of the economy and more in remarks ahead of what's expected to be the Federal Reserve's largest interest rate hike in more than two decades. CBS News correspondent Christina Ruffini joined CBS News' Tanya Rivero and Mola Lenghi to discuss.
Bank of America CEO on inflation, Fed meeting
Bank of America CEO and Chairman Brian Moynihan joins "CBS Mornings" to discuss possible Federal Reserve steps to reduce inflation and whether he thinks America is headed for a recession.
Fed looks to hike interest rates half a point as inflation soars
The Fed raised its rate by .25% in March, which some experts felt was not enough.
Biden taps Michael Barr for Fed's bank regulation position
The president's first choice, Sarah Bloom Raskin, withdrew her nomination due to insufficient support in the Senate.
Federal Reserve raises rates
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to share what this increase in interest rates means for credit cards, auto loans and more.
Stock market reacts to interest rate hike
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
Federal Reserve announces interest rate hike
The quarter-point hike is the first rate increase since 2018 as the central bank looks to rein in inflation.
How the Fed hiking interest rates could affect your wallet
Americans could soon pay more to borrow. One expert says it may be hard to give up the "easy money mentality."
Federal Reserve expected to raise interest rates
The Federal Reserve is expected to raise interest rates by a quarter point on Wednesday amid soaring inflation rates. Joe Glauber, a senior research fellow for the International Food Policy Research Institute, joins CBS News' Lana Zak and Enrique Acevado to discuss the Fed's plan and how it could affect rising food prices and related food insecurity.
MoneyWatch: Fed expected to raise interest rates
The Federal Reserve is set to raise interest rates for the first time since 2018 in a growing effort to combat soaring inflation. Greg Robb, economics editor of MarketWatch, joins "CBS News Mornings" with more on the potential impact.
Sarah Bloom Raskin withdraws nomination to Federal Reserve board
It isn't yet clear who will be nominated in her place.
Fed leaves interest rates unchanged
The Federal Reserve signaled interest rates could increase as soon as March. CBS News' business analyst Jill Schlesinger joins "CBS Mornings" to discuss what that increase could look like and the impact it will have.
Stocks see lowest drop since May
Monday, stocks saw the biggest drop in months due to a Chinese property developer on the brink of bankruptcy. CBS News business analyst Jill Schlesinger explains the impact on the market, what investors should do now and if this will impact the two-day Federal Reserve meeting.
Raskin nomination for Fed endangered by Manchin's opposition
His opposition could doom her confirmation prospects if Raskin can't pick up a Republican vote in the Senate.
3/13: Kuleba, Georgieva, El-Erian
This week on "Face the Nation," we have the latest updates on the war in Ukraine as we hit day 18 of Russia’s invasion. We'll have the latest reporting from Ukraine and hear from its foreign minister, Dmytro Kuleba. Plus, we'll ask White House national security adviser Jake Sullivan what our options are at this critical time.
live updates
Charlie Kirk shot and killed at Utah event; manhunt for shooter ongoing
Conservative activist and Turning Point USA co-founder Charlie Kirk died Wednesday after he was shot at an event at Utah Valley University.
Timeline of the fatal shooting of Charlie Kirk
Timeline of the deadly shooting of Charlie Kirk, according to information gathered by the CBS News Confirmed team.
Search for Charlie Kirk's killer continues. Here's what we know.
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University. Authorities have not identified a suspect.
Trump admin. asks appeals court to allow firing of Lisa Cook before Fed meeting
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
Nation holds tributes to mark 24 years since 9/11
President Trump is attending the ceremony at the Pentagon.
British ambassador to U.S. fired over his ties to Jeffrey Epstein
Britain's Ambassador to the U.S., Peter Mandelson, has been fired by Prime Minister Keir Starmer over "the depth and extent" of his relationship with Jeffrey Epstein.
Hyundai CEO says immigration raid will delay battery plant's construction
Construction will be delayed by up to three months as the plant now grapples with shortage of workers.
Social Security COLA could increase 2.7% in 2026, new estimate shows
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
Map shows West Nile virus cases as officials warn season isn't over
Health officials are warning the West Nile virus season isn't over yet. Here's where the mosquito-borne illness has been spreading.