Trump lashes out at Fed: "I should be given some help"
President told Reuters he is concerned the central bank's move to hike interest rates will slow U.S. economic growth
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President told Reuters he is concerned the central bank's move to hike interest rates will slow U.S. economic growth
The ongoing rally in stocks since early 2009 could hardly have been predicted -- the question now: When will it end?
The U.S. central bank is pushing up interest rates, causing investors to pull money from emerging markets
For the first time since the recession, savers can earn more than 3% annually on three-year CDs
Long-term interest rates are threatening to push bonds over a threshold that has spooked investors in the past.
Monetary policymakers say the U.S. economy is growing at a healthy rate, setting stage for hikes later this year
U.S. currency softens after president lashes out at both global monetary policies and Federal Reserve rate hikes
Trump's remarks came in an interview with Joe Kernen of CNBC's "Squawk Box" that aired Friday morning
President dismisses concerns about central bank's independence from White House: "I don't like ... rates going up"
The Federal Reserve chair was bullish on the economy, saying the typical worker is better off now than a year ago
The Fed's interest rate hikes are leading to higher rates for your cash, but you have to know where to look
Fed chief Jerome Powell faces new pressure to raise rates thanks in part to President Trump's trade and tax actions
Central bank notes heightened uncertainty about U.S. trade policies, saying some companies curtailing spending as a result
The banks will have to keep their dividend payouts at current levels after the Federal Reserve's annual stress test
Finally, some noticeable rise is filtering into the wallets of consumers, and the best rates are at internet banks
The Federal Reserve raised a key interest rate another quarter-point on Wednesday. The federal funds target rate, which is now between 1.75 and 2 percent, is the highest it's been in nearly a decade, indicating that the nation's central bank has confidence the economy will continue to expand.
And that was before the Fed's latest hike, meaning consumers can look forward to even higher payments
The Federal Reserve says a "resilient economy" is one reason why it's raising a key interest rate for the second time this year. The central bank increased the short-term rate a quarter point on Wednesday to a range of 1.75 to 2 percent. The Fed also predicts four rate hikes this year after an earlier forecast of three. CBS New business analyst Jill Schlesinger joins "CBS This Morning" to discuss what this means for you.
Borrowing costs are likely going up again, with monetary policy makers expected to raise rates on Wednesday
If you're concerned about your credit history, you are not alone. According to the Federal Reserve, Americans owe more than a trillion dollars in credit card debt. Marcus Garrett, host of the podcast Paychecks and Balances, joins CBSN with tips on how to rebuild your credit.
April's report is a good sign of stronger second-quarter GDP growth, along with inflation at the Fed's target level
The rule was crafted to prohibit banks from using customer deposits to fund risky trades
Many Americans can't afford to pay their bills, see a doctor or cope with a minor financial emergency
Credit card delinquencies, a possible leading indicator, are just one category that's showing the pressure
With the benchmark 10-year Treasury at a 7-year high, borrowing costs are rising, while home prices also climb
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.
The government shutdown stretches into Day 34 on Monday as the Senate is set to reconvene. Follow live updates here.
Election Day 2025 is almost here, with consequential races in New York City, New Jersey, Virginia and a redistricting ballot measure in California.
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.
A large study from Massachusetts found that babies whose mothers had COVID-19 while pregnant were slightly more likely to have a range of neurodevelopmental diagnoses by age 3.
An Armed Police Force spokesperson said five other people were hurt at the base camp.
Among the 8 deceased Israeli hostages whose remains are yet to be returned from Gaza is soldier and U.S. citizen Itay Chen.
The former Prince Andrew is set to lose his final military title, as King Charles continues shunning his younger brother over historic ties to Jeffrey Epstein.
Local governments have received hundreds of millions of dollars from the opioid settlements to support addiction treatment, recovery, and prevention efforts.