Oil prices soar amid Israel-Iran conflict
Oil costs soared Tuesday as the conflict between Israel and Iran intensified, with crude prices up more than four percentage points. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Federal Reserve
Fed expected to hold interest rates steady
The Federal Reserve is meeting for the next two days and will announce its latest decision on U.S. interest rates Wednesday. Javier David, the business editor at the Dallas Morning News, joins with more.
Janet Yellen: A matter of interest
Correspondent Rita Braver sits down for an exit interview with Janet Yellen, the outgoing chair of the Federal Reserve, to talk about her trailblazing career, the state of the economic recovery following the Great Recession, and leaving a job she loves too soon.
May jobs report released
The May jobs report showed 139,000 jobs were added in the last month. CBS News MoneyWatch correspondent Kelly O'Grady has the latest details, and CBS News' Aaron Navarro has updates from the White House as President Trump reacts to his feud with Elon Musk.
2/4/2024: Chairman Powell; A Hole in the System; The Mismatch
First, Fed Chair Jerome Powell: The 2024 60 Minutes Interview. Then, a report on the growing number of Chinese migrants crossing into the U.S. at the southern border. And, a look at how a sports betting boom is fueling concerns over problem gambling.
ADP employment report shows hiring slowdown
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch correspondent Kelly O'Grady unpacks the data and what it could mean for the U.S. economy.
Jerome Powell: The "60 Minutes" interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy.
Will the Fed raise interest rates again?
Federal Reserve Chairman Jerome Powell shares his outlook on the U.S. economy and tells 60 Minutes whether or not another interest rate hike is on the horizon
Powell says the president can't fire him
Jerome Powell tells "60 Minutes" he fully intends to serve his four-year term.
How the opioid crisis affects the economy
Jerome Powell tells 60 Minutes about the factors that have led the United States to have a lower labor force participation rate than almost every other advanced country
Fed Chair Powell on income disparity
Powell tells "60 Minutes" how the Fed can help combat low mobility and income stagnation.
Trump again urges Fed to lower interest rates
President Trump is again publicly calling for Federal Reserve Chair Jerome Powell to lower interest rates after a new employment report shows job creation slowed in May. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Trump announces doubled tariffs on steel
On Friday in Pennsylvania, President Trump announced that "we are going to be imposing a 25% increase, from 25% to 50%, the tariffs on steel into the U.S., which will even further secure the steel industry in the U.S." CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump met with Fed chair Powell
President Trump met with Federal Reserve Chair Jerome Powell at the White House as the nation navigates prolonged inflation and a period of economic uncertainty. CBS News chief White House correspondent Nancy Cordes has more details.
Fed chair Jerome Powell meets with Trump at White House
Fed Chair Jerome Powell and President Trump met Thursday to discuss economic growth, employment and inflation.
Impact of Moody's U.S. credit downgrade
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
Fed warns of higher long-term interest rates
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Federal Reserve leaves its benchmark interest rate unchanged
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
Behind Fed decision to hold rates steady
The Federal Reserve left its benchmark interest rate unchanged. Jo Ling Kent reports.
Why did the Fed hold rates steady?
The Federal Reserve said Wednesday it will leave U.S. interest rates unchanged amid trade uncertainty and risk of stagflation. CBS News senior business and technology correspondent Jo Ling Kent has more.
Fed ignores Trump's call for cuts
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
Powell warns of risks from tariffs
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Fed leaves interest rates unchanged
The Federal Reserve announced Wednesday that it would leave interest rates unchanged despite pressure from President Trump to cut rates. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
Fed to make next interest rate decision
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the Federal Reserves' upcoming interest rate decision on Wednesday and what it could mean for your finances.
Live
Senate fails to advance GOP funding bill for 9th time on Day 15 of shutdown
The government shutdown is in its third week as the Senate failed again to advance a House-passed measure to fund the government. Follow live updates here.
Could lost Israeli hostages' remains doom the peace deal?
Gaza is in ruins, and the bodies of 21 Israeli hostages are somewhere amid the rubble, along with an estimated 11,000 Gazans.
Supreme Court majority seems open to weakening Voting Rights Act in Louisiana case
The Supreme Court heard arguments on whether Louisiana's intentional creation of a second majority-Black district violates the 14th and 15th Amendments.
Venezuela holds military exercises after latest U.S. boat strike
President Trump said six "narcoterrorists" were killed in the latest strike, bringing the number of people killed in such attacks since September to at least 27.
Americans are living longer, but lack proper planning, study finds
The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for longevity, a new study says.
Feds seize $15 billion in bitcoin after busting alleged global crypto scam
Federal prosecutors said a criminal network in Cambodia used forced labor to extract billions from victims in the U.S. and around the world.
Russian sub being tracked by fighter jets and warships in Baltic Sea
"The armed forces' jet fighters and warships met up with the submarine .... and are now following it," Sweden's armed forces said.
Ben's Original recalls some rice products due to potential small stones
The stones found in some Ben's Original rice products are naturally occurring and originate from the rice farm, but they pose possible risk of oral or digestive tract injury if consumed.
Video shows Florida mom and officer trading punches outside school
A Florida mother is accusing a Jacksonville police officer of using excessive force after a violent arrest outside her daughter's school.