Federal Reserve holds interest rates steady, citing economic uncertainty
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
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Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Fed held off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
U.S. Senator Josh Hawley's bill comes as Americans have been saddled with more than $1 trillion in credit card debt.
Interest rates haven't been this high in nearly two decades. Buyers are forced to accept they can afford less home than just a few years ago.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
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.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
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.
The cost of borrowing has increased.
The Collin County Association of Realtors reports year-to-year median sales prices in Collin County are up nearly 20%, but homes are staying on the market longer.
Debt just became more costly for consumers – whether that's auto loans, credit cards, and in some cases home mortgages.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
The decision leaves vendors with days to clear out merchandise as the company halts operations nationwide.
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year has testified that she still has not officially reported the deaths to the state health agency that regulates camps.
District says move protects classrooms while addressing budget pressures.
Jurors hear new testimony, past allegations and search history, including "Do FedEx truck cameras constantly record?" in Tanner Horner's trial.
The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
The decision leaves vendors with days to clear out merchandise as the company halts operations nationwide.
Tanner Horner is accused of killing 7-year-old Athena Strand after allegedly abducting and strangling her while delivering a package in 2022.
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year has testified that she still has not officially reported the deaths to the state health agency that regulates camps.
District says move protects classrooms while addressing budget pressures.
Jurors hear new testimony, past allegations and search history, including "Do FedEx truck cameras constantly record?" in Tanner Horner's trial.
A North Texas baby placed under the safe haven law is at the center of a rare custody fight after the biological family came forward months later seeking to reclaim him.
The city's human resources department presented plans to improve outcomes, including more accountability and adding new support positions to help employees navigate the process.
An I-Team investigation found workers' comp issues for first responders are not isolated, raising questions about a system many describe as slow and adversarial.
Since early February, residents of the Big Bend region have been outspoken about border wall plans.
The moratorium does not affect companies already enrolled in Medicare.
Democratic Rep. Eric Swalwell and GOP Rep. Tony Gonzales officially submitted their resignation letters to the House clerk on Tuesday.
Lonna Drewes came forward Tuesday with the allegations after the California Democrat announced he would resign from Congress.
The unpopular war with Iran and stubborn affordability issues have given Democrats cause to be more hopeful about their chances of flipping key seats — and maybe even winning control of the Senate.
Annika Albrecht, Ally Sammarco and influencer Cheyenne Hunt, who helped get their stories out, spoke with CBS News about the unraveling of the Democratic congressman's political career.
Republicans won't require precinct voting on election day for the upcoming primary runoff on May 26. So, voters in both parties will be able to go to any voting center in the county.
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Eagle Mountain-Saginaw ISD said that the decision was made after consultation with Tarrant County Public Health.
Weiser said "the last few years has required a heavy financial lift to continue operating."
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
Mavrik Bourque had his first NHL hat trick and added an assist as the Dallas Stars rallied from a pair of deficits and beat the Toronto Maple Leafs 6-5.
The Minnesota Lynx selected guard Olivia Miles with the No. 2 overall pick in the 2026 WNBA draft on Monday.
Fudd, who is also the former teammate of last year's No. 1 pick, Paige Bueckers, won a championship at UConn alongside Bueckers in 2025.
More than 80% of the league's veteran players are free agents this year, including Dallas' star guard Arike Ogunbowale, but she's staying right here.
Ryan Nembhard broke Dallas coach Jason Kidd's club rookie record with 23 assists after No. 1 pick Cooper Flagg's debut season ended with an ankle injury, and the Mavericks beat the Chicago Bulls 149-128 in a season finale.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
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.
