Here's what the Fed's interest rate pause means for your money
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
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After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Inflation has been slowing down in recent months, did that trend continue in May? We ask CBS News Business Analyst Jill Schlesinger to find out.
The financial health of some groups has deteriorated sharply compared with a year ago due to rising inflation and higher bills.
CBS News business analyst Jill Schlesinger breaks down the latest U.S. hiring surge, its impact on inflation, and what's behind a 70-year low in the youth unemployment rate.
Congress stands at odds about the deal reached between President Biden and House Speaker McCarthy, but it must pass by June 5 to avoid the government defaulting on its bills.
CBS News Business Analyst Jill Schlesinger is here to explain and share some tips to prepare.
It's graduation season, and new grads will soon be feeling the squeeze, from juggling outstanding student loans to entering the workforce.
A new report shows Americans are carrying a record amount of debt, and most of it is on credit cards. CBS2's Zinnia Maldonado spoke with experts for tips on how to pay it down.
The U.S. goverment just released the latest report on inflation, and CBS News Business Analyst Jill Schlesinger is here to break it all down.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
The Labor Department just released the April employment report, and CBS News Business Analyst Jill Schlesinger joins us to break down the findings.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The economy grew at a tepid 1.1% rate, showing that the Fed's interest rate hikes are taking effect.
The government just released a report on overall economic growth for the first quarter of the year. CBS News' Business Analyst Jill Schlesinger is here to explain the numbers.
The report also found nearly 80% of households are "housing burdened," which means more than 30% of income goes toward rent.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
With real estate season in full swing, we hear from CBS News Business Analyst Jill Schlesinger for a look at the current market.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
Tax Day is quickly approaching on April 18. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to share tax tips for Americans who have yet to file their 2022 taxes.
CBS Business Analyst Jill Schlesinger breaks down the latest inflation numbers.
The Fed wants the labor market to cool off so inflation comes down, so what does this suggest about the overall trend for jobs? CBS News Business Analyst Jill Schlesinger breaks things down.
The Federal Reserve will announce Wednesday whether interest rates are going up again. We hear from CBS News Business Analyst Jill Schlesinger for what to expect.
The city's restaurants are still facing challenges. So where does the industry stand today, and what does its future hold?
