Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
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The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
After meeting with Chinese President Xi Jinping ahead of the G20 summit, President Biden said he believes there is no "imminent" threat of an invasion of Taiwan. CBS News chief White House correspondent Nancy Cordes is traveling with the President in Bali. She joined John Dickerson to discuss.
There are reports that Amazon is expected to announce layoffs of as many as 10,000 employees in the days ahead, following job cuts at Twitter, Meta and other tech companies. It would be the e-commerce giant's largest workforce cut to date. New York Times technology correspondent Karen Weise joins CBS News with more.
The cryptocurrency firm FTX filed for bankruptcy last week, leaving investors and brokers scrambling. FTX CEO Sam Bankman-Fried stepped down, and government regulators are looking into potential criminal charges. Founder and CIO of TrueCode Capital, Joshua Peck, joins CBS News' Tony Dokoupil and Lilia Luciano to try to make sense of it all.
"CBS Mornings" co-host Nate Burleson talks to Apple CEO Tim Cook about a reported hiring freeze at the company and employees returning to the office.
European markets have been taking direct hits following the resignation of British Prime Minister Liz Truss. The continent was already facing record-high inflation and interest rate hikes, similar to the U.S. Akin Oyedele, investing deputy editor at Business Insider, joined CBS News' Catherine Herridge to discuss.
It has been a trying week for the stock market and investors, with all major indices in the red on Friday. Hope King, business reporter for Axios, discusses what may be coming next, and how you can protect your money.
Author Jon Hilsenrath has written a new book about the life of Treasury Secretary Janet Yellen titled "Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval." He joined Catherine Herridge to discuss the book and Yellen's impact on the economy.
Core inflation in the U.S. surged to the highest level in 40 years as prices for housing, food and health care continued to rise. Abha Bhattarai, an economics correspondent for The Washington Post, joined Catherine Herridge to discuss September's CPI report.
CBS News chief foreign affairs correspondent Margaret Brennan joins CBS News' Catherine Herridge to discuss this week's edition of "Face the Nation." They break down the Federal Reserve's latest interest rate hike and preview an upcoming exclusive interview with Ukrainian President Volodymyr Zelenskyy.
The moves are clearly aimed at luring some business back into the country, but they may not go far enough to entice many travelers.
Anthony Salvanto, CBS News elections and surveys director, joined John Dickerson to discuss the impact of young voters on the midterm elections.
Markets surged Thursday as investors cheered the lower-than-expected October Consumer Price Index. John Leer, chief economist at Morning Consult, joins CBS News' Lana Zak and Errol Barnett to discuss the potential impact on interest rates and the overall economic outlook.
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
In Maryland's gubernatorial race, Democrat Wes Moore is the projected winner. He is making history as the state’s first Black governor and the third in American history. Moore joins "CBS Mornings" to talk about his historic victory and plans for tackling issues like crime and the economy in Maryland.
Joel Benenson, a polling adviser for former President Barack Obama's two presidential campaigns, joins CBS News' John Dickerson to discuss why Democrats exceeded expectations in the 2022 midterm elections.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
The stock market fell more than 600 points on Wednesday, erasing Tuesday's gains. Managing Director of Wedbush, Dan Ives, joins CBS News to discuss the markets' reaction, the recent fall in demand for mortgages, and tomorrow's Consumer Price Index report.
The stock market has dipped as midterm election results are released amid continued political uncertainty. Javier David, managing editor of business and markets for Axios, discusses initial market reaction and the relationship between the financial markets and election results.
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
A shift in the balance of congressional power could affect your finances. Here's what you should know.
The economy has been front and center in the minds of many voters and throughout the campaign season. CBS News national correspondent Errol Barnett looks at the issue of the economy by the numbers, with another dive into the "Pulse of the Nation."
CBS News correspondent Manuel Bojorquez takes us through a tight Senate race in Nevada.
A national poll by the institute of politics at Harvard Kennedy School found 24% of women cite abortion rights as a key issue driving them to the polls this election cycle. Chief executive officer at Ignite National, Sara Guillermo, joined Anne-Marie Green and Vladimir Duthiers with more.