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Investors await a meeting of the Federal Reserve, gas prices drop, a rare disease threatens the world's banana crop and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
Powell called global vaccination efforts "not only the right thing to do, it's also the smart thing to do."
CBS News MoneyWatch's Jill Wagner has the top business news from the New York Stock Exchange, including Walmart's hiring spree, the Fed's interest rate decision, and the Obama administration's new trade regulations.
Stocks plunged as investors wait to see if the Federal Reserve will raise interest rates later this month. Also, Toyota is joining forces with Stanford University and MIT to try to phase out human drivers. Hena Daniels reports on the day's top MoneyWatch headlines.
The Dow saw its worst week since 2011 amid worries about China, cheap oil and slowing U.S. economic growth.
CBS News' Jill Wagner has today's CBSN business headlines: The Federal Reserve will raise interest rates, Netflix adds subscribers, Obama pushes for high-speed Internet in low-income areas and more.
Outstanding student loans topped $1.2 trillion as of the end of 2014. According to the Federal Reserve Bank of New York, they now represent the fastest-growing category of all consumer debt. How did we get here? Jill Schlesinger reports.
The Federal Reserve looks set to end the massive bond purchases it has used to shore up the U.S. economy since the 2008 financial crisis. CBS MoneyWatch contributor Anthony Mirhaydari analyzes what impact withdrawing that stimulus could have on investors and the broader economy.
After yeats of being produced in China, Lincoln Logs are moving their manufacturing back to the United States. Plus, the Federal Reserve plans to keep interest rates at current levels. Jill Wagner reports on the day's top MoneyWatch headlines.
Investors should expect a bumpy ride amid signs that the Federal Reserve may have to alter its time-table for starting to raise interest rates, says CBS MoneyWatch contributor Anthony Mirhaydari.
Signs of inflation and an improving labor market are expected to hasten when the Federal Reserve starts raising interest rates, explains CBS MoneyWatch contributor Anthony Mirhaydari.
In a policy meeting yesterday, Federal Reserve Chair Janet Yellen said the unemployment rate would drop to 6 percent, which prompted a rally in the markets. Also, Amazon unveils its new smartphone; Jill Wagner reports on the day's top financial stories.
Federal Reserve Chair Janet Yellen will discuss the state of America's economy later today, as GM is grilled by Congress about sweeping vehicle recalls. Jill Wagner has the top financial stories.
European banking authorities plan to cut lending rates and take other action to bolster the region's sagging economy. But is it enough to kick-start growth? CBS MoneyWatch contributor Anthony Mirhaydari explains.
CBS MoneyWatch contributor Anthony Mirhaydari breaks down Federal Reserve Chair Janet Yellen’s congressional testimony on Wednesday regarding the pace of economic growth.
As the Federal Reserve continues scaling back its economic stimulus program, investors are watching for signs that inflation is creeping up. CBS MoneyWatch contributor Anthony Mirhaydari explains.
Federal Reserve Chair Janet Yellen spoke Monday morning, saying stimulus measures are still needed to boost the economy. In a speech in Chicago Yellen also said low interest rates could encourage both borrowing and spending. Jericka Duncan has that story and more MoneyWatch headlines.
You can soon start trading in your used video games at Walmart stores. But there's one catch: You won't get cash -- instead you'll get credit to buy merchandise at Walmart and Sam's Club stores or on the retailer's website.
If you think your job is tough, consider Ben Bernanke's. As Chairman of the Federal Reserve, the task of reviving the U.S. economy falls largely on his shoulders. Scott Pelley has the interview.
President Biden is facing opposition from Republicans to his $1.9 trillion COVID-19 relief bill. One big question: How would the nation pay for it? Professor Jeffrey Sachs, director of Columbia University's Center for Sustainable Development, joins CBSN's Lana Zak to discuss what it would mean for the economy in the long run.
Policymakers say how quickly the economy rebounds hinges on the course of the pandemic and pace of vaccinations.
Lawmakers are expected to approve a $900 billion coronavirus relief bill by the end of the day. It will include $600 stimulus checks for many Americans and enhanced unemployment benefits. Heather Long of the Washington Post joined CBSN to explain why many experts don't think that'll be enough to stave off an economic slide in the long run.
Congress has until the end of the weekend to agree on a deal to fund the government. On Friday, lawmakers on Capitol Hill passed a two-day extension for funding, preventing a government shutdown. The added time buys Congress additional time to negotiate terms on a coronavirus relief package. Washington Post political reporter and anchor of the Power Up newsletter, Jacqueline Alemany, joins CBSN with the latest.
Shelton's nomination was stalled on a procedural vote, with Vice President-elect Kamala Harris casting a key vote.
Another round of relief is needed to help contain the coronavirus and boost people's savings.
Conservative activist and Turning Point USA co-founder Charlie Kirk died Wednesday after he was shot at an event at Utah Valley University.
Responding to President Trump, Poland's leader said, "we would also wish that the drone attack on Poland was a mistake. But it wasn't."
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University. Authorities have not identified a suspect.
Charlie Kirk was shot and killed at an event at Utah Valley University Wednesday. His body was flown on Air Force Two to Arizona, where he lived with his family.
Advisory committee meetings help FDA scientists make decisions and increase public understanding of drug regulation, and abandoning them doesn't make sense, former officials said.
Over 300 lawsuits challenging many of Trump's second-term plans have been winding through federal courts, and a handful may be poised for Supreme Court review.
The U.S. military strike killed 11 people who the Trump administration said were Tren de Aragua members. A Venezuelan official denied they were involved in the gang.
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.
Members of Congress are curtailing outdoor events and public appearances in the wake of the assassination of conservative commentator Charlie Kirk.