Why Fed kept rates same for third consecutive time
For its third consecutive meeting, the Federal Reserve left its benchmark interest rate unchanged. CBS News MoneyWatch correspondent Kelly O'Grady reports.
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For its third consecutive meeting, the Federal Reserve left its benchmark interest rate unchanged. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Jerome Powell held his last news conference as Federal Reserve chair on Wednesday, announcing his intention to stay on the central bank's board as a governor "for a period of time to be determined" following the end of his term.
The Federal Reserve held its benchmark interest rate steady on Wednesday as the U.S. economy continues to grapple with rising inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
As the stock market moves in unpredictable directions, more Americans are turning to apps that automatically copy the trades of high-profile investors rather than making their own investment decisions. CBS News consumer reporter Evyn Moon explains the pros and potential cons of the growing "copycat investing" trend.
Gas prices have surged to their highest level since the start of the U.S.-Israeli war with Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Should the federal government bail out Spirit Airlines? CBS News travel editor Peter Greenberg joins "The Takeout" to take a closer look at the debate and the other possible headaches travelers could face this summer.
Canada's Prime Minister Mark Carney said Thursday that his country won't budge on the ban against U.S. liquor sales in most provinces because President Trump's tariffs started the trade battle. Ontario Premier Doug Ford joins "The Takeout" to discuss what it would take to lift the boycott.
Sources tell CBS News the Trump administration is discussing a bailout for Spirit Airlines that could include a loan of up to $500 million. Former Trump economic adviser Stephen Moore joins "The Takeout" with his perspective.
The war with Iran is disrupting global oil and gas supplies, sending prices skyrocketing. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan spoke with Chevron CEO Mike Wirth about the economic impact.
It now costs more than $300,000 to raise a child in the U.S. until the age of 18, according to LendingTree. Kelly O'Grady breaks down how to navigate the costs.
Entering the workforce can be a daunting and anxiety-riddled undertaking for young people. New York Times reporter Jodi Kantor has a new book, "How to Start," with advice and wisdom.
Kevin Warsh, President Trump's nominee to replace outgoing Federal Reserve Chair Jerome Powell, faced tense questioning from senators at his confirmation hearing on Tuesday. Here are some of the most notable exchanges.
Business owners in the U.S. are reporting glitches and delays with the government's new tariff refund portal. CBS News' Shanelle Kaul has the latest.
The Trump administration launched an online portal on Monday to begin refunding businesses impacted by tariffs the Supreme Court deemed illegal, but some have already reported issues with the system. CBS News MoneyWatch reporter Megan Cerullo has the details.
After 15 years, Tim Cook is stepping down as Apple's CEO. Starting in September, Cook will be the executive chairman of Apple's board of directors. New York Times technology correspondent Mike Isaac joins CBS News to discuss.
The Iran war's impact on jet fuel is making it difficult to plan summer travel, as airlines struggle with supply shortages and rising costs. Clint Henderson, managing editor at The Points Guy, joins CBS News with tips to get the best deal.
"CBS Saturday Morning" shares tips on how to make the most of your life insurance.
President Trump on Wednesday said the war with Iran could be over soon, repeating a refrain he's made several times in the past few weeks. CBS News chief White House correspondent Nancy Cordes has the latest.
Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
The International Monetary Fund has cut its forecast for global growth, predicting a rise in global inflation and warning that the war with Iran is pushing growth lower compared to 2025. Medora Lee, money and personal finance reporter for USA Today, joins CBS News to discuss.
Taking care of your skin can be expensive and the range of products and prices varies. Dermatologist Dr. Rachel Nazarian gives tips on how you can build a great skincare routine while staying on budget.
CBS News business analyst Jill Schlesinger gives last-minute tax tips for anyone who hasn't filed yet. Most Americans have until April 15 to file their tax return, request an extension to file and pay any taxes owed. (Sponsored by Edward Jones)
A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins "The Takeout" to discuss.
A new survey shows around two-thirds of Americans say they would be further ahead in life if they were more financially literate. CBS News business analyst Jill Schlesinger shares tips for taxpayers ahead of the upcoming deadline and ways to feel more confident about investing.
The labor market rebounded in March as U.S. employers added 178,000 jobs. Lori Bettinger, president of BancAlliance, joins CBS News to weigh in on the jobs report.