Federal Reserve hikes interest rates for first time since 2023
The Federal Reserve raised interest rates by 0.25 percentage points as inflation remains elevated. CBS News' Natalie Brand reports.
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The Federal Reserve raised interest rates by 0.25 percentage points as inflation remains elevated. CBS News' Natalie Brand reports.
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
According to a new study, 56-percent of working Americans said they feel behind in their retirement savings.
