Tax deductions you shouldn't overlook
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
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FTC commissioner speaks out against her firing
President Trump's firing of two members of the Federal Trade Commission could be at odds with a 90-year-old Supreme Court ruling limiting executive power. The two fired Democratic commissioners argue that Mr. Trump violated the legal precedent "Humphrey's Executor." Commissioner Rebecca Slaughter joins "America Decides" to discuss.
Fed leaves rates unchanged, outlook uncertain
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
Powell paints picture of economic uncertainty
The Federal Reserve left interest rates unchanged Wednesday as uncertainty about the U.S. economy grows. CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas, joins with analysis.
Powell: Tariffs may delay inflation progress
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
How economists spot recessions, stagflation
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could face a possible recession. CBS News MoneyWatch correspondent Kelly O'Grady has more on recession risk signs.
Trump firmly stands by April 2 tariffs pledge
Despite the stock market's recent instability, President Trump is standing firm on his promise of implementing reciprocal tariffs in early April. Washington Post opinions columnist Heather Long joins "America Decides" to examine how the tariffs are creating anxiety about a recession.
Stock market kicks off week in the green
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Wall Street looks to rebound after rough week
Wall Street is looking to bounce back this week after the Dow posted its biggest one-week loss since 2023. CBS News MoneyWatch correspondent Kelly O'Grady reports.
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. Kelly O'Grady examines the latest on the trade war.
Bessent "not concerned" about market tumble
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings senior fellow in economic studies, and Sarah McGregor, Bloomberg News national desk managing editor, join CBS News with analysis.
Record spring break travel expected despite higher costs
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.
Trump slams EU while sitting next to Irish PM
President Trump hosted Ireland's prime minister at the White House for St. Patrick's Day. It comes as the European Union, which Ireland is a part of, is set to impose tariffs on $28 billion worth of U.S. goods. CBS News' Nancy Cordes and Nikole Killion have more.
Lutnick: "Let the dealmaker make his deals"
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
Markets plummet after Trump recession remarks
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and he did not rule it out. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's response. Then, Fin Gómez, CBS News political director, and Evan McMorris-Santoro, NOTUS reporter, join with analysis.
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another shutdown over government funding. CBS News Weijia Jiang and Nikole Killion have the latest.
1/9/19: CBSN Evening News
Negotiations to end shutdown disintegrate; Astronomers observe deep - space radio signals.
Social Security's overpayments plan
The Social Security Administration (SSA) announced its plan to recover 100% of overpayments to beneficiaries. CBS News' Lindsey Reiser reports.
White House hosts first cryptocurrency summit
Leaders from the cryptocurrency industry gathered at the White House on Friday for its first-ever "digital assets" summit. Victoria Guida, economics correspondent for Politico, joins "America Decides" to examine why President Trump is focusing on bolstering Bitcoin.
Layoffs hit highest level since pandemic
New data shows layoffs increased last month to the highest level since the peak of the COVID-19 pandemic. Meanwhile, Friday's unemployment report revealed employers added 151,000 jobs in February, which is below economists' forecasts. MoneyWatch correspondent Kelly O'Grady reports.
Layoffs spiked in February, led by DOGE cuts
Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the highest number of layoffs per month since the height of the pandemic in July 2020. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Economic blackout planned for Friday
An economic blackout has been planned for Friday. The movement calls on consumers to avoid all unnecessary spending, especially at major retailers. The boycott aims to call attention to higher costs on everything from food to housing. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Jill Schlesinger answers top money questions
CBS News business analyst and certified financial planner Jill Schlesinger shares expert financial advice, drawing from her "Jill on Money" radio show and podcast.
Consumer confidence index drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.
Co-pilot stabs pilot, tries to crash passenger jet en route to Israel, Netanyahu says
FTC probing Anthropic and OpenAI over AI safety threats
Details emerge in case of former Cornell student alleging rape by frat members
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Iran says it's considering ceasefire counterproposal
Court temporarily halts Tennessee's plan to execute first woman in 200 years
U.S. military declares end of anti-ISIS Operation Inherent Resolve in Iraq
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Hawley unveils bill aimed at stopping Flock camera abuse
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DA in Cornell case says he never saw interview transcript
