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 MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
The U.S. Post Office on W. Parker Road is a place Jim Frankenfield no longer feels comfortable even approaching.
In April 2026, the Fifth Circuit Court of Appeals upheld Senate Bill 10, the law requiring public schools to display the Ten Commandments.
There have been some changes to the forecast, especially regarding the chance of severe weather.
This curriculum is controversial in some Texas public schools because portions of the reading lessons include Biblical texts.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
The U.S. Post Office on W. Parker Road is a place Jim Frankenfield no longer feels comfortable even approaching.
Enter now for your chance to win a VIP tickets for two to Tamron Hall's Father's Day getaway.
In April 2026, the Fifth Circuit Court of Appeals upheld Senate Bill 10, the law requiring public schools to display the Ten Commandments.
There have been some changes to the forecast, especially regarding the chance of severe weather.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
The Justice Department argues the patchwork of state laws around guns makes it difficult to take them across state lines for lawful purposes like target shooting, hunting and self-defense.
The acting attorney general is touting the administration's stepped-up denaturalization efforts.
The Justice Department charged a Texas man who allegedly fired his gun toward a Secret Service agent and wounded a bystander on the National Mall.
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
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.
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.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
After months waiting for a new heart, 9-year-old Penny found hope through music—and a second chance at life.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
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.
Trent Grisham hit a go-ahead, three-run double in a six-run sixth inning, and the Yankees beat the Rangers 9-2 Thursday for their 16th win in 19 games.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
CBS News Texas spoke with UTD head basketball coach Matt Grahn, who said the London trip was two years in the making, with help from family and friends.
Misdemeanor battery charges have been dropped against Dallas Wings star Arike Ogunbowale, according to an ESPN report.
The last time a horse won the Triple Crown was in 2018.
"The question is what do they get themselves into that requires a visit to the mayor's office? I don't know, but I would love to," said Mattie Parker in an interview with CBS News Texas.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
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.
