Potential interest rate cut news coming
The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.
Federal Reserve
5 ways Trump's presidency could affect the economy — and your money
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
Rate cut expected from Fed: What to know
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.
Interest rate cut expected from Fed
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald Trump. CBS News correspondent Kelly O'Grady has more.
Dow finishes at record high after Trump win
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
What October's jobs report means for economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than expected, the U.S. unemployment rate held steady at just above 4%. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the numbers.
Last jobs report before Election Day
The latest jobs report showed slowed growth in the U.S. economy just days before Election Day. CBS News MoneyWatch correspondent Kelly O'Grady has more on what the data may indicate about the economy's future.
October jobs take a hit from hurricanes, strike
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
New data before next Fed decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.
How the economy is faring before Election Day
CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for Bloomberg News, joins "America Decides" to discuss.
Inflation rate hits lowest point in 3 years
Consumer prices are gradually cooling off in the U.S., according to the latest Labor Department numbers. The annual inflation rate hit 2.4% in September, the lowest point since February 2021. CBS News contributor Javier David breaks down the data.
Jobs report shows U.S. economy's strength
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.S. economy. White House economist Jared Bernstein joins CBS News 24/7 to discuss the new numbers.
Jobs report blows away expectations
The September jobs report blew away expectations from economists after a slowdown in hiring in earlier data prompted the Federal Reserve's rate cut. CBS News business analyst Jill Schlesinger looks at the data.
Why mortgage rates rose after falling
Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they will trend down if the U.S. economy remains stable. Bankrate's Mark Hamrick joins CBS News with more.
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
Federal Reserve interest rate cut effect
The Federal Reserve's interest rate cut announcement has already affected the prices of some mortgage rates and credit card interest rates. CBS MoneyWatch associate managing editor Aimee Picchi reports.
5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Fed cuts interest rates, what happens now?
The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
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