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Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
With home costs soaring, many wonder whether newly signed bipartisan housing legislation will have any impact on homebuyers. Jill Schlesinger has more information.
The U.S. on Friday imposed a new 10% tariff on Canada, with 50% duties set to take effect later in August, significantly escalating trade tensions between the two countries. Ontario Premier Doug Ford joins "The Takeout" with his reaction.
Stock markets closed mixed on Friday as the Iran war continues to upend energy prices. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Ontario Premier Doug Ford spoke with CBS News senior White House and political correspondent Ed O'Keefe about the upcoming opening of the Gordie Howe Bridge and President Trump's new tariffs on Canada. "We didn't start this trade war. President Trump decided to go after his close ally and friend, his number one customer in the entire world," Ford said.
As the back-to-school shopping season begins, you can expect to pay more for certain items, like laptops, due to shortages stemming from artificial intelligence. Brian Westover, principal hardware writer for PCMag, joins CBS News to discuss how you can save money.
President Trump is imposing new tariffs on dozens of countries accused of failing to crack down on forced labor. CBS News politics reporter Kathryn Watson has the latest.
As fighting with Iran ramps up, a gallon of regular gas is once again $4 on average, up 13 cents in one week, according to AAA. Severin Borenstein, professor at UC Berkeley's Haas School of Business, joins with analysis.
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
The 2026 World Cup has been an economic boon for the host cities across the U.S., Canada and Mexico. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan spoke with Bank of America CEO Brian Moynihan about the tournament's financial impact.
"Dopamine sites" are on the rise in South Korea, allowing people to simulate the thrill of online shopping or food delivery without spending any actual money. Could this be the fix for compulsive spenders? Plus, Jill helps caller Danielle navigate a financial crossroads: after taking a pay cut to make work and life more manageable, she's now facing higher-than-expected college costs for her child while trying to stay on track for retirement. Have a money question? Email askjill@jillonmoney.com.
Oil prices rose more than 7% to a two-week high after President Trump declared the Iran ceasefire over. Joseph Majkut, director of the Energy Security and Climate Change Program at the Center for Strategic and International Studies, joins with analysis.
The Dow Jones tumbled on Wednesday, closing down nearly 600 points as oil prices rose after President Trump declared the ceasefire with Iran "over." MarketWatch Washington bureau chief Rob Schroeder joins to discuss.
Millennials and Gen Z are feeling the financial crush when it comes to the decision to have children, research shows. CBS News business analyst Jill Schlesinger has tips on managing the pressure.
President Trump on Monday launched a program offering tax-deferred investment accounts for children under 18. The Trump Accounts were created under the president's massive tax and spending law, which Congress passed last year. CBS News MoneyWatch reporter Megan Cerullo has more.
President Trump rang the New York Stock Exchange opening bell from the Oval Office on Monday to celebrate the launch of the new investment account program for children dubbed "Trump Accounts." Robinhood chairman and CEO Vlad Tenev, who assisted with the project, joins to discuss.
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about inflation, gas prices and Trump Accounts, which are now available.
U.S. employers added 57,000 jobs in June, far below forecasts, signaling that the labor market could be slowing. CBS News' Emily Pandise and Zak Hudak have the latest.
President Trump claimed Wednesday he is not involved in his personal financial dealings. Disclosure forms released Tuesday revealed he made more than a billion dollars in cryptocurrency ventures last year. CBS News senior White House correspondent Weijia Jiang reports.
Significant changes to federal student loan policies took effect on Wednesday. CBS News business analyst Jill Schlesinger joins "The Takeout" to explain what borrowers need to know.
President Trump and his businesses made more than $2 billion in 2025, according to a new financial disclosure. CBS News senior White House correspondent Weijia Jiang reports. Then, New York Times reporter Andrea Fuller joins to discuss further.
President Trump responded to critics on Wednesday who say he's profiting off the presidency after a new financial disclosure showed he made over $1 billion on cryptocurrency ventures in 2025. Victor Reklaitis, Washington correspondent for MarketWatch, joins with analysis.
The Supreme Court struck down coordinated campaign spending caps on Tuesday in a major move ahead of the 2026 midterm election. CBS News contributor Rebecca Roiphe has more.
Americans have been anxiously awaiting the so-called "great wealth transfer," where trillions of dollars are expected to pass down from Baby Boomers to their kids. But people are living longer and holding onto their assets. Jill says it's time to start opening up the purse strings now. Plus, caller questions: Toby asks whether sterling silver jewelry is actually a worthwhile investment, and Dave wants to know if taking a pay cut to improve his quality of life is financially realistic. Have a money question? Email askjill@jillonmoney.com.
