How the Federal Reserve decision could influence mortgage rates
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
Federal Reserve
Lisa Cook's "vacation home" claim could undercut Trump fraud claims
Lisa Cook sued the Trump administration to block her firing, the first time a president has sought to remove a member of the seven-person board of governors.
Federal Reserve heads to September meeting
CBS News business analyst Jill Schlesinger joined "Face the Nation with Margaret Brennan" to preview the Federal Reserve's September meeting amid the Trump administration's push for the agency to lower interest rates.
Ex-CBO director on Trump's 2nd term economy
President Trump's position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.' foremost conservative economists, says in his first term, Mr. Trump did some "astounding" things for the economy. Holtz-Eakin joins "The Takeout" to discuss why his views on the president's second-term economic policies have turned negative.
Inflation fuels falling consumer sentiment
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
Judge rules Lisa Cook can remain Fed governor for now as Trump tries to fire her
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Trump goes golfing amid economic slowdown concerns
Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations, fueling fresh concerns about a slowdown. Nikole Killion has more details.
Economists' top 3 takeaways from the dismal August jobs report
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Warren prods Miran on Trump claims
Massachusetts Sen. Elizabeth Warren prodded Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, about his ability to remain independent from politics in his new role.
Miran makes case as for Federal Reserve role
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, testified on Capitol Hill as he vies to fill the seat vacated by governor Adriana Kugler.
Hearing for Trump Federal Reserve board pick
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, is testifying on Capitol Hill. CBS MoneyWatch correspondent Kelly O'Grady breaks down Miran's remarks.
Hearing for Federal Reserve governor pick
President Trump's nominee to join the Federal Reserve Board of Governors, Stephen Miran, is testifying on Capitol Hill. CBS News' Kelly O'Grady reports.
7/27: Face the Nation
This week on "Face the Nation with Margaret Brennan," director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump’s trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he’s handling a new era of higher education amid the Trump administration’s push to assert control over private and public institutions across the U.S.
Court rules most of Trump tariffs are illegal
A federal appeals court on Friday ruled that most of President Trump's global tariffs are unconstitutional. Plus, a federal judge heard arguments on Friday from Federal Reserve Governor Lisa Cook's lawyers for an emergency temporary restraining order to block President Trump from ousting her. CBS News White House reporter Aaron Navarro has more.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Judge hears arguments on Lisa Cook's firing
A judge heard from both parties involved in a lawsuit concerning Lisa Cook's attempted firing by the Trump administration from the Federal Reserve Board of Governors. CBS News' Scott MacFarlane reports.
Trump administration's latest firings
Current and former Centers for Disease Control and Prevention workers protested changes at the federal agency as a judge receives Lisa Cook's lawsuit protesting President Trump's attempt to fire her from the Federal Reserve Board of Governors. CBS News' Skyler Henry and Natalie Brand report.
Lisa Cook sues to block Trump firing
Federal Reserve Governor Lisa Cook has filed a lawsuit against President Trump's attempt to fire her. CBS News' Natalie Brand has the latest.
Kyla Scanlon on Trump move to fire Fed governor
Economic commentator and New York Times bestselling author Kyla Scanlon joins CBS News to discuss President Trump's plan to fire Federal Reserve Governor Lisa Cook and Nvidia's upcoming earnings report.
Markets remain steady amid Trump's Fed clash
President Trump said he fired Federal Reserve Gov. Lisa Cook on social media, but Cook said she is not resigning. Despite Mr. Trump's announcement, stock markets appear unaffected by the news. CBS News' Ed O'Keefe and business journalist Kristin Myers have more details.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Iran's exiled crown prince urges Trump to intervene soon so regime "finally collapses"
In an interview with CBS News' Norah O'Donnell on Monday, Iran's exiled Crown Prince Reza Pahlavi said, "We need action to be taken."
Trump briefed on military, cyber, psychological options for Iran, sources say
President Trump has been briefed on a wide array of military and covert tools that can be used against Iran that go well beyond conventional airstrikes, including cyber operations and psychological campaigns, Pentagon officials said.
Lawmakers to visit Denmark as Trump threatens to take over Greenland
President Trump's remarks about taking Greenland by military force have prompted bipartisan criticism from lawmakers who have said they do not support acquiring the Danish territory in such a way.
Trump slaps 25% tariffs on any countries that do business with Iran
President Trump said Monday he's imposing 25% tariffs on all countries that do business with Iran, as the administration pressures the Iranian government amid anti-regime protests.
Deputy to Lindsey Halligan fired over James Comey case
Lindsey Halligan's deputy in the U.S. attorney's office in the Eastern District of Virginia, Robert McBride, was fired after refusing to lead the prosecution of James Comey, a source said.
Minnesota, Twin Cities file lawsuit in effort to stop ICE surge in state
The state of Minnesota, along with the cities of Minneapolis and St. Paul, are suing Department of Homeland Security Secretary Kristi Noem and other federal officials in an effort to stop the surge of federal law enforcement officials coming into the state.
Colorado Gov. Polis on "pro-freedom" vaccine stance, fraud claims from Trump
"We have rights. Fundamental rights," Polis said. "When you're minding your business and doing your own thing, really, the government shouldn't interfere."
Warren says Congress could work with Trump to cap credit card rates
Sen. Elizabeth Warren, a progressive Democrat from Massachusetts, said she told President Trump Congress could cap credit card rates if he pushes for it.
Former U.S. Navy sailor gets more than 16 years for selling secrets to China
Patrick Wei, a former U.S. Navy sailor who sold manuals for ships and operating systems to an operative working for China, was sentenced to more than 16 years in prison, prosecutors said.