Trump slams Fed chairman, calling the Fed a "much bigger problem than China"
The president said he believes the central bank's ongoing rate hikes are impeding U.S. economic growth
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The president said he believes the central bank's ongoing rate hikes are impeding U.S. economic growth
The president doubled down on his skepticism of human-induced climate change and dismissed the National Climate Assessment
Monthly payments climb as the average 30-year fixed-rate home loan is now at 4.94 percent, up from 3.9 a year ago
Citing the strengthening economy, Federal Reserve has steadily pushed up rates over President Trump's objections
Wall Street's reversal from recent record highs can be gut-wrenching for investors, but here's what to keep in mind
With no new stimulus coming, interest rates rising and tariffs looming, analysts are turning pessimistic on growth
Trump, in Wall Street Journal interview, says the Federal Reserve chairman his his biggest economic threat, raising rates too fast
The president has berated the Fed for raising interest rates, but he could take his own measures to get rates lower
Some Fed policymakers also think rates may have to rise faster to prevent the economy from overheating
The U.S. president is stepping up his attacks on the Federal Reserve, saying it's raising interest rates too fast
In his interview with 60 Minutes, President Trump expressed frustration with the Federal Reserve and Fed Chairman Jerome Powell, blaming them for the recent stock market dip
Investors seem to be weighing risks from rising interest rates to uncertain U.S. trade policy. Rebecca Walser, CEO of Walser Wealth Management, joins CBSN to discuss the slide on the Dow.
The stock market is struggling to adjust to a new era, where returns are no longer juiced by ultra-low rates
The U.S. central bank announced at its September meeting that it would hike interest rates by a quarter percent.
The Fed sees unemployment dropping further and annual GDP at 3.1 percent, implying one more rate hike this year
Consumer credit costs go up but also the money earned on CDs and online savings -- and you have ways to exploit that
A higher rate can make loans more expensive, but also provide more rewards for savers
While another rate hike is nearly certain, Chairman Powell could also provide some hints about what's next
But as President Trump's trade war escalates, what's on tap for monetary policy next year is far less certain
A recently published report paints an alarming picture of the state of many Americans' personal finances. The Federal Reserve says four in 10 could not come up with $400 to cover an unexpected expense and two in 10 cannot pay their monthly bills in full. Lindsey Stanberry is the author of the new book, "Refinery29 Money Diaries: Everything You've Ever Wanted To Know About Your Finances... And Everyone Else's." The book is based on Refinery29’s popular "Money Diaries" series, where women publicly track all of their expenses for one week for everyone to see and pick apart. Stanberry joins “CBS This Morning” to discuss why women still feel awkward talking about money, the importance of savings and tips for changing the way you spend.
Despite President Donald Trump's complaints, the head of the U.S. central bank indicates rates will keep rising
Investors will listen for anything the Federal Reserve chairman says about Trump's trade war and interest rates
Kansas City Fed President Esther George stresses the "firewalls" in place to ensure the central bank's independence
Some money managers never gave up the faith back in 2009, and they still see better days coming now
With the S&P 500 on the cusp of a longevity record for a rally, here's a look at what's powering the run
President Trump offered no plan for health care costs, which have been a sticking point in ending a government shutdown, and says it will end when Democrats give in.
According to the Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026, 53% of Latino voters cite the cost of living and inflation as their leading concern.
President Trump said he's OK with tactics used by ICE agents during raids "because you have to get the people out."
U.S. District Judge Karin Immergut said she "found no credible evidence" that protests in the city grew out of control before the president federalized the troops.
President Trump and both parties are drawing negative ratings for their handling of the government shutdown.
Watch as President Trump discusses testing nuclear weapons, U.S.-China relations, Israel, the government shutdown, immigration, tariffs, and whether he'll try to stay in the White House beyond 2028.
Afghanistan's Taliban government says a powerful earthquake in the country's north has killed at least 20 people and left hundreds injured.
Local governments have received hundreds of millions of dollars from the opioid settlements to support addiction treatment, recovery, and prevention efforts.
Transportation Secretary Sean Duffy said the federal government will "stop traffic" if it becomes a safety issue, adding, "We're not going to let that happen."