The Fed holds interest rates steady. Here's the impact on your money.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
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.
In response to concerns over COVID-19, the Federal Reserve recently cut its benchmark interest rate to near zero.
A new report says the nation's four most-populated states carry the highest total amount of credit card debt, with Texas residents in the number two spot.
Fed officials ended their two-day meeting by hiking the federal funds rate -- what banks charge each other for short-term loans -- to a range of 1.25 to 1.5 percent.
The Federal Reserve is raising its benchmark interest rate for the second time in three months and signaling that any further hikes this year will be gradual.
Michael Cohen, the key witness in the case against Trump, faced questions from Trump's defense attorneys about his history of lying under oath.
The City of Dallas announced Thursday afternoon that it has reached an agreement that will keep Garcia with DPD.
There is no word yet on what led to the death.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
President Biden and former President Donald Trump agreed Thursday to presidential debates on June 27 and Sept. 3.
The City of Dallas announced Thursday afternoon that it has reached an agreement that will keep Garcia with DPD.
Grab the rain gear as you head out the door, CBS News Texas meteorologists have issued a weather alert for today.
There is no word yet on what led to the death.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
President Biden and former President Donald Trump agreed Thursday to presidential debates on June 27 and Sept. 3.
A Mesquite woman's dramatic fight to evict a squatter took center stage in Austin Wednesday, where the senate committee on local governments took up the issue.
Despite the state's famous "Don't mess with Texas" ad campaign, the TCEQ only investigated half of the complaints it received last year.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
An investigation found how a Fort Worth property worth $1.3 million, home to a massive pile of trash, owed less than $200 in property taxes.
"I just jumped up and went woo-hoo!"
Michael Cohen, the key witness in the case against Trump, faced questions from Trump's defense attorneys about his history of lying under oath.
President Biden and former President Donald Trump agreed Thursday to presidential debates on June 27 and Sept. 3.
President Biden and former President Donald Trump will go head-to-head in presidential debates on June 27 and Sept. 10, their campaigns said Wednesday.
The move comes days after the U.S. withheld shipments of certain munitions to Israel over concerns about a ground offensive in the Gaza city of Rafah.
Former President Donald Trump's attorneys got their first chance to question Michael Cohen on his second day of testimony and took aim at his credibility.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
Self-driving 18-wheelers have longtime truckers worried about their livelihood and others concerned that the technology needs more testing to make sure the public is safe.
McDonald's concept restaurant CosMc's has taken its drink-focused menu to Dallas for its second-ever location.
With the country on the cusp of greeting the return of spring, a warm-weather treat is once again available for free for a limited time only.
The City of Arlington has had its first sample to test positive in the area and will spray for prevention Wednesday night.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
Maker of insulin pump urges customers to update an app because of glitch that causes the devices to unexpectedly shut down.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
Within hours of the vote, the U.S. Chamber of Commerce announced it would sue to block the ban. Dallas employment attorney Rogge Dunn predicts employees will ultimately win this battle.
The closure affects both Dom's locations in Chicago, and all 33 Foxtrot stores in Chicago, Texas, and the Washington D.C. area.
Texas law SB 14 prohibits drug and surgical "gender transition" interventions for minors.
The projects are expected to create at least 17,000 construction jobs and 4,500 manufacturing jobs.
After more than 40 years in business, 99 Cents Only Stores, a discount chain, announced on Thursday that it will close all 371 of its locations and cease operations.
Doncic made 12 of 22 field goals in Game 5 and had 11 assists and 10 rebounds for his sixth career playoff triple-double.
Game 6 is Friday night in Colorado, where the Stars outscored the Avs 9-2 while winning Games 3 and 4.
The NFL released the 2024-25 regular season schedule with the Cowboys kicking off the season in Cleveland on Sept. 8.
The Avalanche dropped both home games to Dallas in this series.
Oklahoma City outscored Dallas 57-45 in the second half to tie the series up at 2-2.
Jim Parsons and Mayim Bialik are reprising their roles from "Big Bang Theory" in part one of the "Young Sheldon" series finale.
Brittney and Cherelle Griner shared videos from their baby shower exclusively with "CBS Mornings."
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
Nemo beat Croatia's Baby Lasagna to the title by winning the most points from a combination of national juries and viewers around the world.
Sean "Diddy" Combs is asking a judge to dismiss a lawsuit alleging that he and two other men raped a 17-year-old girl in a New York recording studio in 2003.
Flash flood warnings are in effect for several North Texas counties through Thursday afternoon.
The book drive helps collect used books for families across North Texas.
Blue Bell made a trip to CBS News Texas to announce the release of its newest flavor, A&W Root Beer Float!
Access to Pelican Island is limited after a barge hit the Pelican Island Causeway Bridge Wednesday. Officials say the bridge is old and has needed repairs.
Tickets for the Mike Tyson and Jake Paul fight go on sale today! The two will face off at AT&T Stadium in Arlington on June 20. If you can't get a ticket, don't worry, the event will be streamed on Netflix.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
Dallas artist Roberto Marquez traveled to the Rafah Crossing in Egypt, the U.S. capital and will attend this weekend's statewide protest in Austin.
On Friday, hundreds of thousands of fans gathered outside and all around Globe Life Field in Arlington to celebrate the Texas Rangers historical World Series win!
Babies in the neonatal intensive care unit at several Texas Health hospitals were dressed in creative costumes for Halloween.
Is that the smell of cotton candy, beignets and brisket wafting over Fair Park? It sure is, and we are here for it!