5 ways Trump's presidency could affect the economy — and your money
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
Watch CBS News
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
A vintage banknote and an even older coin collectively sold for nearly $1 million at a multi-day bidding event in Dallas.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Latest hike brings the U.S central bank's benchmark interest rate to its highest level in 16 years.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
On Wednesday, we'll see if interest rates will keep climbing, or stay the same.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Hitting "Date X" without raising the debt ceiling could lead the U.S. to default on its debt for the first time in its history.
The central bank boosted interest rates for the seventh time this year, which means pricier debt and loans.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
Borrowing costs rose to their highest level in 14 years, and more interest-rate hikes are likely, Fed signaled.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
For the first time since 2018, the Federal Reserve is raising interest rates.
Real estate website RealtyHop has just compiled a list of least affordable US cities according to their data, and DFW ranks in as the 20th least affordable city in the country.
Joel Hayden Schrimsher, 19, pleaded guilty on Aug. 24 to conveying false or misleading information through the internet concerning the potential destruction of a federal building.
The Federal Reserve expects that as many as 15 million Americans will remain unemployed by year-end even as the economy continues recovering from the impact of the coronavirus.
The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
Temperatures stay warm this weekend for the State Fair of Texas, with highs in the 90s each day and plenty of clouds.
Dallas secures the No. 7 seed and caps a record-setting turnaround with its seventh win in eight games.
A federal judge temporarily blocked senior Trump administration officials from barring CNN, MS NOW and Politico from the White House and said their journalists' press credentials must be immediately restored.
A state system problem has delayed an unknown number of Texas voter registration records, some of which date back to October 2025.
Marcus Semien hit a tiebreaking homer in the eighth inning against his former team and Brett Baty added a pinch-hit grand slam in the ninth as the New York Mets beat the Texas Rangers 7-2.
Temperatures stay warm this weekend for the State Fair of Texas, with highs in the 90s each day and plenty of clouds.
Dallas secures the No. 7 seed and caps a record-setting turnaround with its seventh win in eight games.
A federal judge temporarily blocked senior Trump administration officials from barring CNN, MS NOW and Politico from the White House and said their journalists' press credentials must be immediately restored.
A state system problem has delayed an unknown number of Texas voter registration records, some of which date back to October 2025.
Marcus Semien hit a tiebreaking homer in the eighth inning against his former team and Brett Baty added a pinch-hit grand slam in the ninth as the New York Mets beat the Texas Rangers 7-2.
The situation, food banks warn, is getting worse.
Dallas nonprofit Hunger Busters has been under scrutiny since an I-Team investigation in January.
Nearly 300 railroad crossings used by school buses in Texas have a history of crashes.
Technology company SPAN wants to build thousands of tiny data centers and spread them across the country.
Critics of LifeWise say its business model puts too much of the burden on local communities.
A federal judge temporarily blocked senior Trump administration officials from barring CNN, MS NOW and Politico from the White House and said their journalists' press credentials must be immediately restored.
There have been eight suicide attempts across the USS Abraham Lincoln carrier strike group since the beginning of its grueling monthslong deployment last year, Acting Navy Secretary Hung Cao said.
Four seminal moments prove how the soul of the state's Republican party has transformed from Bush to Trump.
The Justice Department claimed that reporting from CNN, MS NOW and Politico raises national security concerns and accused their journalists of failing to act with "professionalism and decorum."
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
About 40 million Americans are on GLP-1 medications like Ozempic, Wegovy, Zepbound and Mounjaro.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Dallas County health officials said the possible exposure happened during the 2025-26 school year, and that testing is recommended for returning students in grades 10-12.
The Republican Midterm Convention starts Wednesday at the American Airlines Center.
After a 2024 merger with Cedar Flags the combined company moved its headquarters to North Carolina.
The project would include a new Dallas Stars arena, along with restaurants, shops and public spaces.
It's an annual Dallas tradition, but this year those pink Cadillacs are parking in Fort Worth.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
Marcus Semien hit a tiebreaking homer in the eighth inning against his former team and Brett Baty added a pinch-hit grand slam in the ninth as the New York Mets beat the Texas Rangers 7-2.
We now have a good idea of who won't be playing for the Cowboys on Sunday in Rio de Janeiro against the Baltimore Ravens.
The game will be played in Rio de Janeiro, Brazil, the first-ever NFL game in the city.
A statement on the district's Facebook page shared a plan for junior high school and junior varsity games to continue.
Phoenix forced a difficult shot at the buzzer as Paige Bueckers' 3-point attempt did not hit the rim.
A Tennessee judge granted Dolly Parton's estate a temporary restraining order Wednesday against the late singer's nephew Bryan Seaver and his private security company.
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Duncan Sheik died on Thursday night, his family said.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.