Stocks rally in wake of Israel-Iran ceasefire
The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices."
President Trump entertained the idea of firing Jerome Powell on Friday, a legally untested and contentious move.
President Trump is blasting Federal Reserve Chairman Jerome Powell for his decision to leave the benchmark interest rate unchanged. CBS News contributor Javier David has more.
The Federal Reserve is keeping interest rates unchanged for now, but as many as two interest rate cuts could occur later this year. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
The Federal Reserve held its benchmark interest rate steady on Wednesday despite President Trump's push for a cut. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
The Federal Reserve held interest rates steady again on Wednesday, despite pressure from President Trump to cut rates. CBS News business analyst Jill Schlesinger reports.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
President Trump said that Federal Reserve Chair Jerome Powell is "not a smart person" ahead of Wednesday's interest rate decision. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
The Federal Reserve is set to announce what's next for its benchmark interest rate on Wednesday. CBS News business contributor Javier David joins "CBS Morning News" with more on what to expect.
President Trump signed a bill on Thursday that blocks California's ban on the sale of gas cars. Mr. Trump then answered questions about the anti-ICE protests in Los Angeles, the state of U.S.-Iran nuclear talks and more. CBS News' Olivia Rinaldi has more details.
President Trump took questions on a few different subjects during a bill signing at the White House on Thursday. CBS News White House reporter Aaron Navarro has more.
The May jobs report showed 139,000 jobs were added in the last month. President Trump reacted favorably to the news but criticized Federal Reserve Chair Jerome Powell, urging him to slash interest rates. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the job report numbers, while CBS News' Natalie Brand has the latest updates from the White House.
Private employers added just 37,000 jobs last month, less than expected. In response, President Trump urged Jerome Powell and the Federal Reserve to lower interest rates. CBS News business analyst Jill Schlesinger breaks down what to know.
First, Fed Chair Jerome Powell: The 2024 60 Minutes Interview. Then, a report on the growing number of Chinese migrants crossing into the U.S. at the southern border. And, a look at how a sports betting boom is fueling concerns over problem gambling.
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch correspondent Kelly O'Grady unpacks the data and what it could mean for the U.S. economy.
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
President Trump met with Federal Reserve Chair Jerome Powell at the White House as the nation navigates prolonged inflation and a period of economic uncertainty. CBS News chief White House correspondent Nancy Cordes has more details.
Walmart's CEO warned Thursday morning that the world's biggest retailer will have to start raising prices later in May due to the high cost of tariffs. CBS News contributor J.D. Durkin joins "America Decides" with analysis from the New York Stock Exchange.
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
The President's criticism comes a day after the Federal chair said the time isn't yet right for a rate cut.
President Trump is still insulting Federal Reserve Chair Jerome Powell on social media. This comes after Powell's latest decision to leave interest rates unchanged. CBS News contributor Javier David has more.
The Federal Reserve left its benchmark interest rate unchanged. Jo Ling Kent reports.
The Federal Reserve said Wednesday it will leave U.S. interest rates unchanged amid trade uncertainty and risk of stagflation. CBS News senior business and technology correspondent Jo Ling Kent has more.