Potential impact of shutdown on U.S. economy
Government shutdowns can be politically paralyzing for Washington, D.C., but this time it could send shockwaves through the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Finance
New home sales hit 3-year high
Data shows sales of newly-built homes have jumped to the highest level in three years. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the jump.
Why signs are pointing to a Fed rate cut
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Tariffs hiked prices on some goods in August
New economic data found that heavily imported goods saw steep price hikes in August. CBS News MoneyWatch reporter Megan Cerullo has the details.
Trump wants to abolish quarterly earnings reports. Here's why.
President Trump says getting rid of a quarterly reporting requirement for public companies would lower costs and help businesses.
Inflation fuels falling consumer sentiment
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
ATM fees are at a record high, study finds. Here's why.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
David Rubenstein: Recession not on horizon
CBS News chief Washington correspondent Major Garrett sat down with David Rubenstein, co-founder of the Carlyle Group and owner of the Baltimore Orioles, to get his outlook on the U.S. economy and more.
Advice for Powerball winners
Americans are eagerly awaiting the Powerball drawing for an estimated $1.7 billion. Dan Geltrude, a certified public accountant, joins CBS News with advice for the lucky winners.
Poll: Views of U.S. economy remain negative
A new CBS News poll finds Americans' views of the economy remain negative. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.
Trump's tariff policies in legal jeopardy
President Trump's signature tariff policies are in legal jeopardy after a federal appeals court on Friday declared most of them illegal. CBS News business contributor Javier David examines how much of a blow the ruling signifies to the president's agenda.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
5 costly mistakes to avoid before buying your next car, according to Edmunds
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
Lisa Cook to Trump: "I will not resign"
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
How to deal with financial anxiety
A recent survey found that seven in 10 Americans report anxiety or even depression about their financial situation. Financial therapist Steven Hughes joins with more.
Details on Trump's labor statistics pick
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
Key takeaways from July's inflation report
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
The upsides and risks of "buy now, pay later"
More Americans are opting into "buy now, pay later" services when shopping. Ted Rossman, senior industry analyst at Bankrate, joins "The Takeout" to discuss the option.
Trump defends firing labor statistics chief
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
Breaking down the weak jobs report
President Trump on Friday ordered the firing of the labor statistics boss just hours after the release of a weak jobs report. Axios economics reporter Courtenay Brown joins CBS News with analysis.
Where trade talks with other countries stand
President Trump signed an executive order Thursday night raising tariffs on about 70 countries. CBS News' Tom Hanson has the details.
Student loan interest resumes for millions
The Trump administration will begin collecting interest from federal student loan borrowers enrolled in the SAVE plan starting Friday. Kate Wood, loans expert and writer at NerdWallet, joins CBS News to discuss what borrowers need to know.
Trump trade representative on weak jobs report
U.S. Trade Representative Jamieson Greer is defending the Trump administration after a Friday report showed U.S. job growth has slowed. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan spoke with Greer and joins "The Takeout" to unpack his response.
Trump economic adviser on weak jobs report
President Trump fired the commissioner of the Bureau of Labor Statistics on Friday after its job report showed meager gains and revisions. Kevin Hassett, director of the National Economic Council, joins "The Takeout" to discuss the president's decision.
California couple at center of surrogacy scandal arrested
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Christa Pike is conscious, speaking after botched execution, attorneys say
Ex-CIA official found with $40 million in gold bars admits to sprawling scheme
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Former Cornell frat members ask university to clear their names
