Billionaire Ray Dalio on income inequality and reforming capitalism

On "Facing Forward," Margaret Brennan talks with Bridgewater Associates founder and billionaire Ray Dalio on turning around an America so deeply divided and drowning in debt.

• Mar 19, 2021

The U.S. economy has regained all the private sector jobs it lost in the Great Recession. The latest unemployment rate remained unchanged, sitting at 6.7 percent, but as Anthony Mason reports, millions of Americans have been forced to work part time.

The U.S. economy has regained all the private sector jobs it lost in the Great Recession. The latest unemployment rate remained unchanged, sitting at 6.7 percent, but as Anthony Mason reports, millions of Americans have been forced to work part time.

• Apr 4, 2014
• 02:07

Christine Lagarde spoke to a panel at Johns Hopkins University about the crisis in Ukraine as well as the global economy. Lagarde said she hopes geo-political tensions will lessen so that the people of Ukraine can recover.

Christine Lagarde, the managing director for the International Monetary Fund, spoke to a panel at Johns Hopkins University about the crisis in Ukraine as well as the global economy. Lagarde said she hopes geo-political tensions will lessen so that the people of Ukraine can recover.

• Apr 3, 2014
• 00:58

Sales of existing homes fell 7% last month year from the same period a year ago. One reason may be because people between the ages of 25 and 33, critical first-time home buyers, can't afford the purchase due to other bills, including student loan debt

Sales of existing homes fell 7 percent last month year from the same period a year ago. One reason may be because people between the ages of 25 and 33, critical first-time home buyers, can't afford the purchase due to other bills, including student loan debt. CBS News business analyst Jill Schlesinger explains.

• Mar 30, 2014
• 01:49

Vice president calls on Congress to raise the minimum wage to $10.10 per hour, saying it would benefit workers and the economy as a whole

Vice President Joe Biden calls on Congress to raise the minimum wage to $10.10 per hour, saying it would benefit workers and the economy as a whole.

• Mar 29, 2014
• 04:15

After disappointing, weather-related readings during the past few months, the jobs report for March should see a return to the trend before the polar vortex hit the U.S

After disappointing, weather-related readings during the past few months, the jobs report for March should see a return to the trend before the polar vortex hit the U.S. Jill Schlesinger has that story and more in her look at the week ahead in business.

• Mar 29, 2014

The carmaker plans to direct a hefty sum to its South Carolina plant, which produced almost 300,000 vehicles last year alone

The carmaker plans to direct a hefty sum to its South Carolina plant, which produced almost 300,000 vehicles last year alone. Alexis Christoforus has that story and more MoneyWatch headlines.

• Mar 29, 2014
• 01:19

President Obama says other countries will feel some pain from economic sanctions against Russia but adds there are ways to minimize the collateral damage

President Obama says other countries will feel some pain from economic sanctions against Russia but adds there are ways to minimize the collateral damage.

• Mar 27, 2014
• 02:04

President Obama says the U.S. recognizes that some European countries depend on Russian energy exports

President Obama says the U.S. recognizes that some European countries depend on Russian energy exports, saying the crisis with Ukraine and the resultant sanctions point to the need for "diversification" of energy sources.

• Mar 26, 2014
• 01:55

Sen. Kelly Ayotte, R-N.H., discusses the Russian troop buildup along Ukraine's border and what the U.S. can do to deter further Russian aggression

Sen. Kelly Ayotte, R-N.H., discusses the Russian troop buildup along Ukraine's border and what the U.S. can do to deter further Russian aggression.

• Mar 23, 2014
• 05:51

Jill Schlesinger reports on that and more in her look at the week ahead in business

With the Federal Reserve policy meeting in the rearview mirror, investors are looking ahead to data on home prices. It's likely that activity and price increases were a bit muted in February due to the bad weather. Jill Schlesinger reports on that and more in her look at the week ahead in business.

• Mar 22, 2014
• 01:24

State Department correspondent Margaret Brennan spoke with the man who crafted the sanctions against Russia.

CBS News State Department correspondent Margaret Brennan spoke with the man who crafted the sanctions against Russia.

• Mar 22, 2014
• 02:07

To ensure the economy "rewards the hard work of women," President Obama says Congress should lift the minimum wage and pass laws protecting paid time off.

To ensure the economy "rewards the hard work of women," President Obama says Congress should lift the minimum wage to $10.10 per hour and pass laws protecting paid time off.

• Mar 22, 2014
• 02:47

Gov. Rick Snyder, R-Mich., says Washington, D.C. should heed the "pro-growth, low-tax" example set by Republican governors

Gov. Rick Snyder, R-Mich., says Washington, D.C. should heed the "pro-growth, low-tax" example set by Republican governors.

• Mar 22, 2014
• 02:37

The Federal Reserve says unemployment could drop to 6.1 percent this year, but economic growth could be slowed due to the severe winter

The Federal Reserve says unemployment could drop to 6.1 percent this year, but economic growth could be slowed due to the severe winter. Federal Reserve Chair Janet Yellen plans to keep interest rates near zero until at least 2015 to stimulate growth. Wyatt Andrews reports.

• Mar 19, 2014
• 02:01

Central bank to look beyond unemployment in timing interest-rate moves

Central bank to look beyond unemployment in timing interest-rate moves.

• Mar 19, 2014
• 04:25

Federal Reserve Chair Janet Yellen says hangover from housing crash, tight credit is hindering economic growth

Federal Reserve Chair Janet Yellen says hangover from housing crash, tight credit is hindering economic growth.

• Mar 19, 2014
• 02:00

Michelle Miller reports on how the technology is putting more money in workers' pockets

A new app called Square Wallet already allows users to pay for coffee and snacks at Starbucks, and now there's a digital tipping option. Michelle Miller reports on how the technology is putting more money in workers' pockets.

• Mar 19, 2014
• 03:10

The price of food is going up according to the Bureau of Labor Statistics

The price of food is going up, and according to the Bureau of Labor Statistics, it's the highest increase since 2011. Norah O'Donnell reports.

• Mar 19, 2014
• 00:24

While one small business employee says he would benefit from receiving overtime, his boss says the changes will have unintended consequences

President Barack Obama last week used his executive authority to expand overtime pay. While one small business employee says he would benefit from receiving overtime, his boss says the changes will have unintended consequences. Carter Evans reports.

• Mar 18, 2014
• 02:04

President Obama discusses his recent presidential memorandum ordering a review of the country's overtime pay policies

President Obama discusses his recent presidential memorandum ordering a review of the country's overtime pay policies.

• Mar 15, 2014
• 02:33

The U.S. Senate is introducing a bill to dismantle both Fannie Mae and Freddie Mac

The U.S. Senate is introducing a bill to dismantle both Fannie Mae and Freddie Mac. The plan would replace the mortgage companies with a U.S. backed mortgage bond insurer. Wall Street Journal reporter Nick Timraos joins "CBS This Morning: Saturday" for a conversation on what that could mean for homeowners.

• Mar 15, 2014
• 02:51

U.S. consumer sentiment - a measure of how Americans view the health of the economy - has weakened, according to a preliminary Thomson Reuters/University of Michigan index

U.S. consumer sentiment - a measure of how Americans view the health of the economy - has weakened, according to a preliminary Thomson Reuters/University of Michigan index. Sentiment fell to 79.9 percent in March from 81.6 percent in February. Jericka Duncan reports.

• Mar 15, 2014
• 01:08

All eyes will be on the Federal Reserve for its first two-day policy meeting of the Janet Yellen era

All eyes will be on the Federal Reserve for its first two-day policy meeting of the Janet Yellen era. Most believe that the central bank will announce another $10 billion cut to its bond-buying program. Jill Schlesinger reports.

• Mar 15, 2014
• 01:28

Approximately 100,000 Puerto Ricans have left the U.S. territory since 2010, after jobs disappeared when Congress ended tax breaks for U.S. companies to build there and the Great Recession soon followed.

Approximately 100,000 Puerto Ricans have left the U.S. territory since 2010, after jobs disappeared when Congress ended tax breaks for U.S. companies to build there and the Great Recession soon followed. Puerto Rico's government borrowed heavily to stay afloat and now owes $70 billion it may not be able to repay. Anna Werner reports.

• Mar 14, 2014
• 02:05

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