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The Federal Reserve raised interest rates as expected Wednesday. And a separate economic report from the National Association of Realtors showed housing sales rose in February, even as inventory remains low. Jack Kramer, co-CEO of MarketSnacks, joins CBSN to discuss what this means for the economy.
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, says the state of the U.S. labor market shows the economy is still "in a deep hole."
The Federal Reserve raised interest rates Wednesday for the third time this year. SVP and chief financial analyst for Bankrate.com Greg McBride joins CBSN to discuss what the rate hikes mean for consumers.
Outgoing Federal Reserve Chair Janet Yellen announced Wednesday that the Federal Reserve is raising the benchmark interest rate. The Dow surged in the wake of the news. Watch her remarks.
President Trump announced Thursday that Jerome Powell will be Janet Yellen's replacement as chairman of the Federal Reserve. Powell will take over the position in February. See Trump and Powell's full remarks from the White House.
President Trump says he is "thinking about" keeping Janet Yellen on as chair of the Federal Reserve board. Trump made the remarks in an interview with FOX Business Network's Lou Dobbs.
The Treasury secretary's remarks come as the president is pushing two proposals totaling $4 trillion.
Fed to decide interest rates Wednesday, Time Inc. cuts 300 jobs, and tech stocks rebound. These headlines and more from CBS MoneyWatch
The Fed begins a two-day meeting to decide interest rates, and tech stocks under pressure as growth concerns rise. These headlines and more from CBS MoneyWatch.
Fed downplays Q1 weakness; Japan wants smaller Pacific trade pact; and American Airlines plans to cut legroom. These headlines and more from CBS MoneyWatch.
Former Federal Reserve chairman Ben Bernanke joins CBSN to discuss the government spending bill and President Trump's challenges with economic growth.
The Federal Reserve raised interest rates, which could affect mortgage rates and credit card payments. Yahoo finance markets reporter Myles Udland joins CBSN to discuss.
The Federal Reserve has raised its benchmark interest rate from 0.75 percent to 1 percent. Scott Gamm, correspondent for TheStreet TV, joins CBSN to discuss how this will affect the economy.
Signs of economic growth are stoking fears of price hikes, but Fed policymakers say any inflation will be short-lived.
In a much anticipated speech Friday at the Central Bank's annual Jackson Hole Summit, Federal Reserve Chair Janet Yellen expressed optimism about the U.S. economy. Most experts expect the Central Bank will raise its historic low interest rate before the end of the year. Financial expert Vera Gibbons, senior consumer analyst with GasBuddy.com, joins "CBS This Morning" to discuss the "ambiguity" of a possible interest-rate hike and factors to watch for, including the upcoming August jobs report.
A new Federal Reserve survey finds modest economic growth in most parts of the U.S.; Amazon says Prime Day was its biggest sales-volume day ever; and Forbes says Dallas Cowboys are worth $4 billion. These headlines and more from CBS MoneyWatch.
Federal Reserve Chair Janet Yellen testifies before a Senate committee on the state of the U.S. economy; nearly 30 percent of Americans lack any emergency savings; and a consumer index says Chick-fil-A is America's favorite fast-food chain. These headlines and more from CBS MoneyWatch.
As expected, the Federal Reserve made no change to its policy, but in a shift, the central bank lowered its projections of how much it expects to raise short-term interest rates in the coming years. That's good news for borrowers but bad for savers, who continue to struggle to earn more with their nest eggs. Jill Schlesinger reports.
Federal Reserve Chairman Jerome Powell on the coronavirus-ravaged economy; Then, The government whistleblower who says the Trump administration's coronavirus response has cost lives; And, What will be the long-term effects of the coronavirus pandemic?
President Biden and Vice President Harris are expected to meet with a small group of bipartisan lawmakers Monday at the White House to discuss the $2.3 trillion infrastructure proposal. Republicans have raised concerns over the size and cost of the package, while some Democrats say it needs to be even bigger. CBS News chief White House correspondent Nancy Cordes joins CBSN AM with the latest.
Jerome Powell said money market funds need to be "resilient enough" to handle future liquidity shocks, and without federal assistance.
Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.
When asked if continued spending on infrastructure and COVID-19 relief could set off inflation, Jerome Powell said he doesn't "see that now" and the economy needs to fully recover before spending levels "return to a sustainable path."
The Chairman of the Federal Reserve said the fallout from the collapse of Archegos Capital, its investments included ViacomCBS, was the result of a "risk management breakdown" and the Fed will take a closer look "to make sure it never happens again."
Jerome Powell said a potential U.S. digital dollar is being evaluated by the Federal Reserve, and it would require careful consideration before being introduced. When asked if the rise of cryptocurrencies was a motivation, he said they are not "concerning at this point."
Senators continued to express cautious optimism over bipartisan talks to end the shutdown, but the chamber adjourned without another vote. Follow live updates here.
Prince Andrew has been stripped of his titles and must surrender his lease to Royal Lodge, according to a statement from Buckingham Palace.
President Trump said the U.S. and China reached deals on several items, including a short-term agreement on rare-earth minerals, and soybean sales to China.
Former FBI Director James Comey is arguing his testimony in response to Sen. Ted Cruz's questions was "literally true" and cannot support a conviction.
Taylor Taranto, a pardoned Jan. 6 defendant, was later convicted of charges stemming from livestreaming a bomb threat in 2023 as he drove around former President Barack Obama's D.C. neighborhood while armed,
People across the northern Caribbean were digging out from the destruction of Hurricane Melissa on Thursday as deaths from the catastrophic storm climbed.
Former Virginia teacher Abby Zwerner was shot by a 6-year-old student in her classroom in 2023.
Casey Means and her brother, Calley Means, became prominent in recent years after viral interviews decrying the influence of the food and drug industry.
The 2025 federal government shutdown, in the first year of Trump's second term, is one of the longest in U.S. history.