6/13: CBS News Mornings
House Jan 6. committee holding second hearing; New Jersey gas tops $5 for first time
Inflation
6/15: CBS News Mornings
Fed likely to announce interest rate hike; Texas lawmaker demands answers on police response.
Dow Jones rallies 800 points Friday
Aaron Weinman, finance correspondent for Business Insider, joined CBS News' Michelle Miller and Tanya Rivero to discuss Friday's stock market rally.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
Jobless claims down from previous week
According to the U.S. Department of Labor, initial jobless claims fell to 229,000 for the week ending June 18th. That's 2,000 fewer than the previous week. CBS News reporter Sarah Ewall-Wice joined Errol Barnett and Anne-Marie Green to discuss what these numbers mean for the U.S. economy and yesterday's congressional testimony on inflation from Federal Reserve Chair Jerome Powell.
Is inflation deflating retirement savings?
Dan Geltrude, founder of accounting and financial consulting firm Geltrude and Company, offers advice for navigating retirement spending as inflation soars and the stock market sinks.
Biden proposes federal gas tax holiday
President Biden is calling on Congress to suspend the federal 18-cent federal gas tax and 24-cent federal diesel tax. CBS News chief White House correspondent Nancy Cordes reports.
Biden proposes gas tax holiday
CBS News' Tanya Rivero and Elaine Quijano sit down with Aaron Weinman, a finance correspondent for Insider, to discuss what is driving the financial markets, the probability of a recession, and President Biden's proposed gas tax holiday.
Biden urges Congress to suspend gas tax for 3 months
President Biden called on Congress to halt the federal gas tax for three months as gas prices soar. But there's debate about whether it will actually help consumers. Nancy Cordes has the details.
Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
MoneyWatch: Banks predict U.S. recession
Several major investment banks are predicting that the U.S. will enter a recession sometime this year. This month the Federal Reserve announced its highest interest rate hike in decades in an effort to control inflation. Yahoo Finance Senior Reporter Emily McCormick joins “CBS News Mornings” to discuss the latest on the economy.
President Biden calls for gas tax holiday
President Joe Biden is urging congress to pass a three-month federal gas tax holiday. However, some Democrats -- including former President Barack Obama -- have long criticized the idea. CBS News Senior White House and Political Correspondent Ed O'Keefe has more on why Biden is moving forward with this proposal.
Fed will keep raising interest rates as long as appropriate
Fed Chairman Jerome Powell acknowledged recession is possible but later said its likelihood is not "particularly elevated right now."
Stocks bounce back after steep selloff last week
Financial markets rebounded Tuesday, but some analysts think U.S. stocks have yet to touch bottom.
What is Stagflation
The term describes when the economy suffers from high unemployment and inflation with low growth. Lana Zak explains why economists are worried it could happen again.
Recession fears surge among financial experts
President Joe Biden insists that a recession is not inevitable despite some experts forecasting that it could happen within the next year. CBS News Money Watch reporter Megan Cerullo discussed inflation and how it may impact the U.S. economy with anchors Tony Dokoupil and Tanya Rivero.
White House says recession is not inevitable
As inflation remains high and the stock market falls, U.S. Treasury Secretary Janet Yellen and other White House officials are amplifying President Joe Biden's message that a recession is not inevitable. CBS News anchors Anne-Marie Green and Vladimir Duthiers spoke with political correspondent Caitlin Huey-Burns about the Biden Administration's potential plans to offer temporary relief from rising gas prices.
What's driving inflation in the U.S.
CBS News senior national correspondent Mark Strassmann reports on what's driving the rise in prices and how Americans are coping with inflation.
Open: This is "Face the Nation with Margaret Brennan," June 19
This week on “Face the Nation with Margaret Brennan,” we discuss the Jan. 6 hearings with Rep. Zoe Lofgren, a Democrat from California, go over the recently approved COVID-19 vaccine for kids with former FDA Commissioner Dr. Scott Gottlieb and take a look at America’s inflation problem.
Stock market ends volatile week with sharp losses
The U.S. stock market on Friday ended its worst week since March 2020. John Quelch, dean of the University of Miami Herbert Business School, joins CBS News senior investigative correspondent Catherine Herridge to discuss the state of the economy.
Global fallout from Russia's invasion
The conflict raging in Ukraine is damaging worldwide economic growth and driving inflation. Michael Bociurkiw, senior fellow at The Atlantic Council's Eurasia Center, joins "CBS News Mornings" to talk about why the worst might still be ahead and other news about the conflict.
Biden predicts a recession is "not inevitable"
President Joe Biden, in an interview with The Associated Press Thursday, said the American people are "really, really down" because of COVID-19 and high prices.
Mortgage rates in the U.S. jump by most in 35 years
Borrowing costs for a typical home loan surged a day after the Federal Reserve hiked its benchmark rate.
White House reacts to historic fed hike
The Federal Reserve took aggressive action to combat rising inflation by raising interest rates by 0.75%, the largest increase since 1994. Chief White House correspondent Nancy Cordes has the latest reaction from the White House.
Financial expert talks impact of rate hike
The Federal Reserve raised interest rates by 0.75 percentage points Wednesday in an effort to fight inflation. CBS News Chief White House Correspondent Nancy Cordes reports on how the Biden administration is responding to the news, then CBS News Business Analyst Jill Schlesinger breaks down the impacts of this rate hike on the job market and your finances.
Trump directs Pentagon to use "all available funds" to pay troops amid shutdown
The government shutdown entered its 11th day Saturday as Republicans and Democrats remain at an impasse over a spending plan.
Diane Keaton, star of "Annie Hall" and "Father of the Bride," dies at 79
Diane Keaton had a decades-long career with performances in 1977's "Annie Hall," the "The Godfather" films, and many more.
Israel awaits the release of hostages as aid begins to flow into Gaza
The ceasefire between Israel and Hamas continues to hold as aid begins to flow into the Gaza Strip.
Biden undergoing radiation therapy, spokesperson says
Former President Joe Biden is undergoing radiation therapy and hormone treatment amid his ongoing treatment for prostate cancer, a spokesperson said.
Appeals court temporarily blocks deployment of National Guard troops in Chicago
The Defense Department announced earlier this week that about 200 National Guard soldiers from Texas and another 300 from Illinois were federalized and sent to the Chicago area.
No survivors after blast at Tennessee military explosives plant, sheriff says
Humphreys County Sheriff Chris Davis confirmed 16 victims in the blast at a news conference on Saturday night.
5 hospitalized after helicopter crashes in busy oceanfront area of Huntington Beach
Two people onboard the helicopter and three people on the street were hospitalized for injuries suffered in the crash.
Zelenskyy urges Trump to broker peace in Ukraine after very "productive" call
The Ukrainian leader wrote in a social media post that if a war can be stopped in one region, "surely other wars can be stopped as well."
A wife is accused of her husband's murder. Can she clear her name?
Alison Davis says she woke up to find her husband, Kevin Davis, face down in a pool of blood inside their New Haven, Indiana, home. She says he fell down the stairs. But after an autopsy report, police came to a different conclusion.