Looking for positive signs on economy
Investors are looking for any positive signs to bounce back from a down 2022 in the stock market. Chief investment officer Ahmed Riesgo of Insigneo joined CBS News to discuss where those signs might come from.
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Investors are looking for any positive signs to bounce back from a down 2022 in the stock market. Chief investment officer Ahmed Riesgo of Insigneo joined CBS News to discuss where those signs might come from.
Will inflation finally relent? Is your job safe as recession looms? Here's what to expect from the U.S. economy this year.
2022 was the U.S. stock market's worst year since 2008. Javier David, the managing editor of business and markets for Axios and a CBS News contributor, joins us to breaks dow the challenges facing Wall Street and the risk of a recession in the new year.
J.D. Durkin, host of "The Street," joined CBS News to discuss the gains made by the stock market Thursday, and what investors are looking for going into 2023.
According to the National Realtor Association, pending home sales declined by 4% in November. It's the second-lowest monthly reading in 20 years. George Ratiu, a senior economist at Realtor.com, joins CBS News with more on that and what's affecting the stock market.
The Dow Jones Industrial Average finished the day Tuesday relatively flat. George Ball, chairman for the financial services firm Sanders Morris and Harris, dives into what drove the markets Tuesday, and what to look for in 2023.
The Dow Jones rose Friday after the Federal Reserve's preferred measure of inflation eased again in November. Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, discussed how the markets reacted to the news.
The personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation, eased again in November. It's another sign high consumer prices are coming down. Frances Stacy, director of strategy at Optimal Capital, discussed the impact of inflation on the stock market.
Gifting stock can be a way to avoid paying capital gains tax — but only because the tax gets passed to the recipient.
The Dow Jones Industrial Average gained over 500 points on Wednesday as investors reacted to a higher-than-expected consumer confidence report. Dana Peterson, chief economist at The Conference Board, joined CBS News to discuss her organization's findings and her expectations for 2023.
Wells Fargo has agreed to pay $3.7 billion to settle allegations of charging customers illegal fees. Ann Berry, founder of Threadneedle Ventures, joins CBS News' Lilia Luciano to discuss the fallout.
The Dow Jones Industrial Average had its third straight day of losses after the Federal Reserve announced an interest rate hike. Senior columnist at Yahoo Finance Rick Newman joins CBS News to discuss the impact on the markets.
Stocks on Wall Street plunged Thursday, a day after the Federal Reserve announced yet another interest rate hike. Megan Greene, senior fellow at Brown University, and the global chief economist for the Kroll Institute, joins CBS News' "Prime Time" to discuss the state of the economy.
Wall Street jumped after a government report showed U.S. inflation slowed more in November than analysts had expected.
The pace of wage growth has shown signs of losing steam as investors look closely at the labor market and how it could affect the Federal Reserve's decision on interest rates. Erica Pandey, business reporter for Axios, joins CBS News' Lilia Luciano on why wages are rising at a slower rate.
The Federal Reserve is meeting next week to decide on interest rate hikes. Geetu Sharma, founder and investment manager of AlphasFuture, discussed the state of the stock market.
According to the Bureau of Labor Statistics' Producer Price Index that was released today, the prices of wholesale goods in the U.S. rose 0.3% for the month of November. Meanwhile, investors are trying to remain optimistic about the stock market heading into 2023. CBS News contributor and Axios managing editor of business and markets Javier David joins us to discuss.
As Wall Street anticipates next week's Federal Reserve meeting, the market may have caught a break as China began to ease its strict "zero-COVID" policies. David Bahnsen of The Bahnsen Group joins CBS News to discuss why some investors are bullish on the effect of China's new policy.
"It's more of that 'good news is bad news,'" said Tom Martin, senior portfolio manager at Globalt Investments.
The U.S. added more than 260,000 jobs in November despite the Federal Reserve's efforts to cool off the economy by raising interest rates. J.D. Durkin, host of "TheStreet," joins CBS News from the floor of the New York Stock Exchange to discuss investors' reaction to the new report.
Stronger-than-expected wage data raised expectations Fed hikes will be more aggressive to get inflation under control.
The Dow Jones Industrial Average soared out of a bear market this week. But other indices are still lagging.
Consumer confidence declined for a second straight month in November. Steve Odland, president and CEO of the Conference Board, joins CBS News to discuss what the latest Consumer Confidence Index means for the U.S. economy.
Worker protests and COVID lockdowns in China are causing major issues for Apple, and that's spilling over into other parts of the stock market. Dan Ives, managing director at Wedbush Securities, joins CBS News at the closing bell to discuss.
Investors were fueled by hopes that cooling prices could influence Federal Reserve ahead of its December meeting.