Trump lashes out at Fed after rate hike
The Federal Reserve raised interest rates by a quarter of a percentage point. President Trump slammed the decision. CBS News' Aaron Navarro reports, and Fintech.TV anchor Kristin Myers also joins to discuss.
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The Federal Reserve raised interest rates by a quarter of a percentage point. President Trump slammed the decision. CBS News' Aaron Navarro reports, and Fintech.TV anchor Kristin Myers also joins to discuss.
The Federal Reserve raised interest rates for the first time in three years on Wednesday, a sign of concern about rising prices. Meanwhile, the cost of diesel fuel hit a new record on Wednesday, for the eighth day in a row. Nancy Cordes reports on rising prices and Kelly O'Grady has more details on the Fed's decision.
The Federal Reserve boosted interest rates for the first time since July 2023 on Wednesday. CBS News' Richard Escobedo and Natalie Brand have the details.
The Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023. The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%. Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.
The Federal Reserve on Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023. CBS News' Kelly O'Grady and Nancy Cordes report.
Federal Reserve unanimously votes to raise interest rates; President Trump stumping for GOP Senate nominee Michael Whatley in North Carolina.
The Dow Jones closed down around 1.2% on Wednesday after the Federal Reserve announced its first interest rate increase since July 2023. CBS News' Kelly O'Grady and Aaron Navarro report.
The Federal Reserve is expected to raise interest rates for the first time in three years on Wednesday. CBS News business contributor Javier David explains more.
Americans are feeling the squeeze from skyrocketing fuel prices, with gas rising 16 cents from a week ago to a nationwide average of $4.31 per gallon. Concerns about oil prices followed President Trump during his trip to Ireland this weekend. Nancy Cordes has more details.
Inflation in the U.S. is rising yet again, with the Labor Department saying consumer prices in August rose 3.4% year over year. CBS News correspondent Natalie Brand has more.
The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.
President Trump on Wednesday pitched a $5,000 "dividend" payment to every American, but only if Republicans win in the midterms. CBS News' Fin Gómez and Kelly O'Grady have the latest.
Friday's August CPI report could set the stage for the Federal Reserve's first interest rate hike in more than three years.
Oil prices continue to climb as the U.S. and Iran trade strikes. CBS News' Kelly O'Grady reports on the key inflation indicators expected next.
Oil prices are up as the war in Iran intensifies. President Trump promised lower gas prices for Americans after the midterm elections. CBS News' Olivia Rinaldi reports.
Fresh attacks between the U.S. and Iran are driving oil prices up. CBS News' Ramy Inocencio reports.
U.S. employers added 162,000 jobs in August, more than double economists' forecasts. CBS News business producer Emily Pandise has more.
The latest data shows the U.S. added 162,000 jobs in August, beating expectations after a disappointing July report. CBS News' Emily Pandise reports.
As the midterms draw closer, mortgage rates have hit a new high for 2026, and gas prices are above $4 per gallon. Former Trump economic adviser Stephen Moore joins "The Takeout" to assess the state of the U.S. economy.
Most midterm primaries have already passed, yielding data and trends that inform how general elections could go. Former Obama aide Ravi Gupta joins CBS News with more on how Democrats and Republicans are performing in the 2026 midterms so far.
As Labor Day weekend trips get underway, travelers could face a series of issues, from higher airfares and gas prices to stormy weather. CBS News senior transportation correspondent Kris Van Cleave reports.
Axios reporter Erica Pandey predicts that global food inflation will jump soon. Pandey joins "CBS News 24/7 Mornings" to explain the data and her rationale.
The U.S. bond market influences how much American consumers pay for loans and the interest they can earn on their savings accounts.
Energy and gas prices are up again after the U.S. resumed strikes on Iran. CBS News' Kelly O'Grady has more on the economic outlook.
Chris Pilkerton, assistant secretary for investment security at the U.S. Treasury Department, is at the G20 summit in Asheville, North Carolina, and joins CBS News with more on what to expect.