5/23: America Decides
Debt solution not yet set as deadline approaches; Scott widens GOP 2024, is DeSantis or Suarez next?
Interest Rates
5/22: America Decides
Biden & McCarthy to meet on debt ceiling; What to expect from Sen. Tim Scott's 2024 bid
Washington leaders work to prevent debt default
The White House and Republican congressional leaders are continuing to negotiate in an effort to prevent an unprecedented debt default, which could happen as soon as next week. House Democrats have signed a petition to raise the debt ceiling.
McCarthy, Biden still far apart in debt talks
House Speaker McCarthy said Tuesday that he and President Biden are "nowhere close" to a deal on raising the debt limit. Negotiators continue to meet as the default deadline approaches. Nikole Killion has more.
Biden, McCarthy to meet Monday for talks
President Biden and House Speaker McCarthy will meet in person on Monday to continue debt ceiling talks as the deadline for a government default approaches. Willie James Inman has the latest.
Retail earnings show mixed results
Stocks closed in the green Wednesday, as investors react to the debt ceiling negotiations and new earnings data. Wall Street Journal markets reporter Hannah Miao joined CBS to explain what the information means for investors and consumers.
Consumer Price Index up 0.4% in April
The Consumer Price Index shows inflation rose 0.4% between March and April. Prices rose 4.9% year-over-year. Axios managing editor for business and markets and CBS News contributor Javier David discusses what this means for the economy with Anne-Marie Green and Vlad Duthiers.
Investors monitoring debt ceiling, inflation data
Stocks closed flat Tuesday as investors await an agreement on the federal debt ceiling and new economic data on inflation. AlphasFuture founder and investment manager Geetu Sharma joined CBS News to discuss what the new information will mean for investors.
Markets, money and Americans' mental health
Stocks closed flat Monday as investors await new data on consumer and producer prices. Bankrate senior industry analyst Ted Rossman joins CBS News to discuss the markets as well as a new survey on personal finances and mental health.
Markets react to jobs report, interest rates
Javier David, a CBS News contributor and managing editor for business and markets for Axios, and Jeanna Smialek, an economics reporter for The New York Times, join us to discuss the latest financial news, including the April jobs report released today, the Federal Reserve's decision to raise interest rates again this week, and the health of the nation's banking system.
How interest rate hikes affect debt, loans
The Federal Reserve increased its key interest rate by a quarter of a point Wednesday, the 10th straight hike since last March. Anita Hamilton, assistant managing editor at Barron's, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the effects of the hikes.
Interest rates could alter Biden's reelection
The Fed has raised interest rates again. Nancy Cordes joins "CBS News Mornings" to explain the impact this could have at the White House.
Fed indicates pause after latest rate hike
Stocks fell Wednesday after the Federal Reserve raised U.S. interest rates by a quarter of a percentage point. Wall Street Journal economics reporter Harriet Torry spoke with CBS News about how the increase impacts investors and consumers.
Interest rates highest since 2007
The Federal Reserve pushed interest rates to the highest point since 2007 to combat inflation. Critics warn the hikes could lead to a recession. Nancy Cordes reports.
Fed raises interest rates again
The Federal Reserve has raised its key interest rate another quarter of a percentage point, setting it at its highest level since 2007. Javier David, managing editor for business and markets at Axios, and Major Garrett, CBS News chief Washington correspondent, have more.
Fed decision on interest rates expected
A decision is expected Wednesday from the Federal Reserve on whether to raise interest rates again. CBS News reporter Sarah Ewall-Wice joined CBS News' Anne-Marie Green to discuss what to expect from the Fed and what Democratic lawmakers could do in regard to interest rates.
Federal Reserve poised to raise interest rates
The Federal Reserve is expected to raise interest rates Wednesday for the tenth consecutive time in just over a year. Rod von Lipsey, a managing director for UBS Private Wealth Management, joins Errol Barnett and Lana Zak to discuss the anticipated decision.
Rate hike expected Wednesday
The Dow Jones slid by more than 300 points Tuesday, as investors react to plunging regional bank shares. Landsberg Bennett, chief investment officer for Private Wealth Management, joined CBS News to discuss what the developments could mean for the economy going forward.
Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
How markets reacted to bank seizure
Stocks closed flat Monday following the FDIC's seizure and sale of First Republic Bank. And the Fed is expected to make its latest decision on interest rates soon. CapWealth Chief Investment Officer Tim Pagliara joined CBS News to discuss what the developments mean for the market and economy going forward.
Army identifies soldiers killed in crash
The U.S. Army has identified three soldiers killed when two helicopters collided during a training mission in Alaska.
Regulators look to shore up troubled bank
Federal regulators are hoping to announce who will take over the troubled First Republic Bank before markets open Monday. Meanwhile, the Fed is expected to raise interest rates yet again as inflation remains high. Skyler Henry reports.
Consumer spending strong despite slowing GDP
The stock market closed in positive territory Thursday despite the latest GDP report from the the Commerce Department showing that the economy grew at an annual rate of only 1.1% in the first quarter of 2023. Lori Bettinger, president of BancAlliance, spoke with CBS News about what the latest GDP figures mean for investors and consumers going forward.
Pandemic's impact on commercial real estate
Victor Calanog, the head of commercial real estate economics for Moody's Analytics, joins Errol Barnett and Roxana Saberi to discuss the lasting effect the pandemic has had on commercial real estate. He details rising office space vacancy, what's shifted for storefronts, and more.
U.S. house prices up in February
New data released by the Federal Housing Finance Agency shows U.S. home prices spiked by half a percent in the month of February. Optimal Capital director of portfolio strategy, Frances Stacy, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the reasons behind the surge.
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