Fed expected to cut interest rates
It appears all but certain that the Federal Reserve will cut interest rates on Wednesday. CBS News business analyst Jill Schlesinger explains why.
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It appears all but certain that the Federal Reserve will cut interest rates on Wednesday. CBS News business analyst Jill Schlesinger explains why.
Paramount Skydance, the parent company of CBS News, has launched a $108 billion hostile bid for Warner Bros. Discovery just days after WBD said it had agreed to a nearly $83 billion deal with Netflix. Fortune business editor Nick Lichtenberg joins with analysis.
The rise in the use of GLP-1 weight-loss drugs across the U.S. is shifting not only scales, but also how Americans are spending their time and money. Washington Post retail reporter Jaclyn Peiser explains.
President Trump on Monday unveiled a $12 billion aid package for farmers, a financial lifeline as the country deals with the fallout from Mr. Trump's trade wars. CBS News White House reporter Olivia Rinaldi has the details.
Netflix says it is buying studio giant Warner Bros. in a deal valued at more than $82 billion. Fortune business editor Nick Lichtenberg joins CBS News to break down the hurdles facing the merger.
New polling from Harvard's Institute of Politics shows a majority of young Americans are gloomy about their future and the country's. Jordan Schwartz, student chair of the Harvard Public Opinion Project, joins to break down the findings.
A new Politico poll finds that 37% percent of 2024 Trump voters say the cost of living is the worst they can remember. Political strategists Joel Payne and Ashley Davis join with analysis.
President Trump on Tuesday called Kevin Hassett, director of the National Economic Council, a "potential Fed chair." Hassett joins "The Takeout" with his reaction to the moment and to discuss the state of the economy.
Michael and Susan Dell on Tuesday said they would make a $6.25 billion donation to so-called "Trump accounts," giving $250 apiece to 25 million U.S. kids. Watch their remarks.
While promotions like Cyber Monday are often a way to save money on big-ticket items, there are some other ways to get even more bang for your buck this holiday season through "price matching" or "price protection." Kaitlin Mahar, staff writer at The New York Times' Wirecutter, explains.
A new report shows consumer confidence has hit its lowest point since April. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
New CBS News polling finds that Americans' feelings about the economy and inflation don't match the messaging being put out by the Trump administration. CBS News executive director of elections and surveys Anthony Salvanto has the numbers.
A third of all American households spend more than 30% of their income on rent or mortgage payments. Jared Bernstein, a senior fellow at the Center for American Progress, joins "The Takeout" to make the case for his plan to increase the supply of affordable housing rapidly.
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
President Trump on Thursday unveiled agreements slashing the prices of two pharmaceutical companies' weight loss drugs. Novo Nordisk CEO Mike Doustdar joins "The Takeout" to unpack the cost-cutting effort.
Two seats on the Georgia Public Service Commission, which regulates electricity rates and new power plant projects, are up for grabs for the first time in five years. CBS News correspondent Skyler Henry reports from Atlanta.
President Trump on Thursday night said he terminated trade talks with Canada over an anti-tariff ad campaign from Ontario. CBS News congressional correspondent Nikole Killion has the latest. Then, Gary Shapiro, CEO of the Consumer Technology Association, joins from Toronto to discuss the state of trade meetings there.
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
President Trump on Thursday pardoned Changpeng Zhao, the founder of the world's largest cryptocurrency exchange, Binance. CBS News correspondent Shanelle Kaul has more.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
The holiday shopping season officially kicks off in November, but there are some deals you can take advantage of right now. Russell Holly, CNET director of commerce content, joins CBS News to discuss.
A new report found that the number of Americans living paycheck to paycheck is increasing, pushing back the goal of retirement. A study by Goldman Sachs found that 39% of Gen Z, 45% of millennials and 41% of Gen X describe their financial situation as primarily living paycheck to paycheck. Chris Ceder, one of the report's authors, joins "The Daily Report" to discuss.
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
Lawmakers are hoping to pass a bill that would overhaul how federal agencies regulate digital assets, or cryptocurrency, as soon as this year. Faryar Shirzad, chief policy officer of Coinbase, joins "The Takeout" to discuss.