Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Stock Market
The Fed's rate cuts impact on Americans
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full percentage point since September. CBS News contributor Javier David breaks down its impact.
Fed makes final 2024 interest rate decision
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
S&P 500 and Dow notch gains, capping Wall Street's best month of 2024
Stocks posted solid gains on Black Friday as Wall Street posted its best monthly performance of the year.
What's open on Black Friday, from the post office to the stock market
Black Friday is a major shopping day for the nation's retailers. Here's what's happening with the stock market and USPS.
What does financial success look like?
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Markets react to Trump's Bessent pick
The stock market reacted positively to President-elect Donald Trump's pick for Treasury secretary, hedge fund CEO Scott Bessent. CBS MoneyWatch correspondent Kelly O'Grady has more.
All eyes on Nvidia earnings report
Artificial intelligence chip maker Nvidia will announce its latest earnings as investors anxiously await good news. Also, Jaguar is targeting younger buyers as it prepares to release more details on its new offerings. CBS MoneyWatch correspondent Kelly O'Brady reports.
Spirit Airlines bankruptcy and holidays
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady has more on the airline, and new details on the stock market rally after the 2024 elections.
Analyzing the stock surge after Trump's win
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
The Dow and S&P 500 set new records
The Dow and S&P 500 have set new records as post-election optimism and a major Fed announcement drive a market surge. CBS News MoneyWatch's Kelly O'Grady explains what's behind the rise.
Are banks open on Veterans Day? Here's what's open and closed.
Some businesses and services may be closed on Veterans Day, a holiday to commemorate Americans who served in the military.
Dow finishes at record high after Trump win
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
Donald Trump election win boosts stocks, cryptocurrency and Trump Media
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
New poll shows stark divide among voters
New CBS News polling shows the 2024 presidential race continues to be very close both nationally and in the battleground states. It also paints a troubling picture of how voters in each party see the country. CBS News executive director of elections and surveys Anthony Salvanto has the details.
Here's what's open and closed on Columbus Day/Indigenous Peoples Day
Columbus Day, also known as Indigenous Peoples Day, is a federal holiday. Here's what is open and closed on Monday, Oct. 14.
S&P 500 ends its worst week since March 2023
Investors are fretting about economic growth, with tech stocks taking the brunt after an underwhelming jobs report.
Nvidia stock extends record slump
In August, artificial intelligence chip maker Nvidia set the record for the largest one-day increase in market value in stock market history. On Tuesday, it did the opposite. The company's shares fell nearly 10% in what is the largest single day drop for any U.S. company in stock market history. Jeremy Owens, host of "On Watch" podcast, joins to discuss.
5 key lessons for investors after this week's wild stock market ride
Unsettled by this week's roller coaster in financial markets? Here's advice from top investment experts.
What the Federal Reserve is likely to do after stock selloff
A stock market rout and slower economic growth could soon lead to lower borrowing costs. Here's what experts think the Fed will do with interest rates.
Stock markets stabilize after S&P 500's worst day in almost two years
Wall Street regained its footing after concerns about the slowing U.S. economy spooked investors. Here's what to know.
Key flags before stock market sell-off
The global stock markets sell-off that transpired Monday follows some key economic data reports that may have spooked some investors. CBS News senior business and technology correspondent Jo Ling Kent breaks down the other market flags about the U.S. economy to consider as a rebound appears to be developing.
Major market indexes show signs of recovery
Fears of a U.S. recession appear to be easing Tuesday with most equities rallying after the stock market plunged on Monday. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joined CBS News to discuss the economy.
Stocks rebound from rout as Fed faces calls to cut rates early
Most equities rallied Tuesday after the previous day's global rout fueled by U.S. recession fears.
Dow plunges more than 1,000 points amid U.S. recession fears
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
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