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The stock market closed relatively flat Wednesday following the release of the new inflation data in the Consumer Price index. BancAlliance president Lori Bettinger joined CBS News to discuss what the information means for investors.
The latest Consumer Price Index report shows inflation cooled last month. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to break down the latest data and how it could impact potential future interest rate hikes.
Data released Wednesday shows the Consumer Price iIdex rose 0.1% in the month of March, beating estimates from Dow Jones. Barron's economics and politics senior writer Megan Cassella joined CBS News' Omar Villafranca to discuss the latest inflation data and what it could mean ahead of the Federal Reserve meeting in May.
The Dow Jones closed Tuesday in the green, as investors await reports on the March consumer and producer price indexes. Axios Business reporter Nathan Bomey spoke with Lana Zak and Lilia Luciano about how the information could impact future interest rate hikes.
Sarah House, a senior economist for Wells Fargo, joins CBS News' Vladimir Duthiers and Errol Barnett to discuss the March 2023 jobs report, what it means for the economy and how it could impact the Federal Reserve's future decisions on interest rates.
In a letter to shareholders, JPMorgan Chase CEO Jamie Dimon said the recent banking crisis is "not yet over." Axios senior business reporter Hope King joined CBS News' Vladimir Duthiers and Shanelle Kaul to discuss Dimon's remarks, if consumers should be concerned about their money and how the current banking concerns differ from 2008.
Federal data shows there are more than 10 million job openings across the U.S. But a new report shows not all of those jobs really exist. CBS MoneyWatch associate managing editor Irina Ivanova joined Errol Barnett and Lana Zak to discuss.
The stock market closed higher Thursday as President Biden called for increased oversight into banking regulations. New Constructs CEO David Trainer joined CBS News to break down investors' reactions.
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
FDIC Chairman Martin Gruenberg estimated about $20 billion would be needed to cover the collapse of Silicon Valley Bank.
Recent volatility in the bond market could be a bad sign for the economy. Earlier this month, yields saw their biggest plunge since 1982. New York Times markets reporter Joe Rennison joined Vladimir Duthiers and Anne-Marie Green to discuss.
Credit card debt among Americans is nearing the trillion-dollar mark. And with the recent interest rate hike, Americans can look forward to higher interest rates. Tanya Rivero has the latest.
CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
Stocks closed in the green one day after the Federal Reserve announced a quarter-point interest rate hike. Washington Post economics reporter Rachel Siegel joined CBS News to discuss what the move means for investors.
The Federal Reserve raised interest rates another quarter-point in an effort to ease inflation. In the U.K., the Bank of England also raised rates. CBS News contributor and Axios managing editor for business and markets Javier David discusses the impact with anchors Anne-Marie Green and Vlad Duthiers.
The Federal Reserve is raising its key interest rate 0.25 percentage point. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined John Dickerson on Prime Time to discuss the Fed's decision.
The Federal Reserve is raising interest rates again in an effort to ease inflation. The quarter-point hike comes amid increased concern over the U.S. banking system. CBS News political correspondent Caitlin Huey-Burns joins "Red and Blue" to discuss the White House's response.
CBS News reporter Sarah Ewall-Wice and host of "TheStreet" J.D. Durkin join Errol Barnett and Lana Zak to discuss the latest interest hike announced by the Federal Reserve.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
The Federal Reserve is widely expected to raise interest rates for ninth time in roughly the span of a year today. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to discuss what analysts are anticipating and the significance of the central bank's forthcoming decision.
The Federal Reserve will decide whether it needs to boost interest rates again at a meeting Wednesday. Inflation still remains high, but the nation's recent banking crisis is causing concern over how the Fed should respond. CBS News senior White House and political correspondent Ed O'Keefe has more, and then Ann Berry, the founder of Threadneedle Strategies, joins CBS News to discuss the next steps for the Fed.
As the Federal Interest rates hike up, the auto industry fears for its future. Most Americans depend on cars to get around, but high price tags and rising interest rates make owning one increasingly out of reach. Nancy Chen reports.
The Federal Reserve will announce its interest rate decision after several recent bank failures have shaken the industry. The housing industry will be one of the most impacted by the decision. Ed O'Keefe reports.
In the will, dated June 29, 2022, Pope Francis wrote that with the "feeling that the sunset of my earthly life is approaching," he wished to express his preferences for his burial.
Delta Air Lines Flight 1213 was pushing back from the gate in Orlando when an engine caught fire, the FAA said.
Nearly 10 million borrowers could be in default within a few months, according to the department.
Homeland Security Secretary Kristi Noem's driver's license, passport, DHS access badge, checks and thousands in cash were among the items stolen with her bag.
Rep. Robert Garcia traveled with lawmakers to El Salvador Monday to demand the return of Kilmar Abrego Garcia, who was mistakenly deported.
From spinning with the Harlem Globetrotters to signing a Harley-Davidson, here are 10 memorable moments from Pope Francis' papacy.
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
A town hall hosted by Rep. Byron Donalds, a Florida Republican, was repeatedly interrupted by protesters.
As loved ones mourn victims killed in the mass shooting at Florida State University, three survivors have been released from the hospital.
A town hall hosted by Rep. Byron Donalds, a Florida Republican, was repeatedly interrupted by protesters.
Hegseth's chief of staff Joe Kasper is moving to a new job, the latest staffing shift after days of upheaval at the Pentagon.
Nearly 10 million borrowers could be in default within a few months, according to the department.
President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut interest rates.
Harvard President Alan Garber said the university is suing the Trump administration over freezing federal funding.
Nearly 10 million borrowers could be in default within a few months, according to the department.
President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut interest rates.
Harvard President Alan Garber said the university is suing the Trump administration over freezing federal funding.
Walgreens has agreed to pay the government $300 million to settle claims that it unlawfully filled millions of invalid prescriptions.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
A town hall hosted by Rep. Byron Donalds, a Florida Republican, was repeatedly interrupted by protesters.
Hegseth's chief of staff Joe Kasper is moving to a new job, the latest staffing shift after days of upheaval at the Pentagon.
Nearly 10 million borrowers could be in default within a few months, according to the department.
The autism study is planning to link confidential data "with broad coverage in the U.S. population" in one place for the first time.
President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut interest rates.
The autism study is planning to link confidential data "with broad coverage in the U.S. population" in one place for the first time.
A TikTok user has gone viral for a hilariously efficient way of eating more greens that she calls "dinosaur time."
Pope Francis has died at the age of 88 following a number of health issues in recent years. Here's what we know about his cause of death.
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
Vanessa Abraham thought her symptoms were a bad flu — until she collapsed to the floor struggling to breathe.
Pope Francis' death on Monday started off a series of traditions that culminates in a vote for his successor. Here are some of the possible candidates to be the next pope.
From spinning with the Harlem Globetrotters to signing a Harley-Davidson, here are 10 memorable moments from Pope Francis' papacy.
In the will, dated June 29, 2022, Pope Francis wrote that with the "feeling that the sunset of my earthly life is approaching," he wished to express his preferences for his burial.
Pope Francis has died at the age of 88 following a number of health issues in recent years. Here's what we know about his cause of death.
The Survivors Network for those Abused by Priests marked the death of Pope Francis by calling his papacy a "preventable catastrophe" for people "abused during his tenure."
George Clooney dyed his hair to star in the Broadway adaptation of "Good Night and Good Luck," and he knows it's catching people off guard.
George Clooney made his Broadway debut in "Good Night, and Good Luck," playing CBS News legend Edward R. Murrow. Clooney talks to "CBS Mornings" co-host Gayle King about preparing for the role in our "Road to the Tonys" series.
Jasmine Amy Rogers has been called "Broadway's newest star" for her standout performance as Betty Boop in "BOOP! The Musical." The actress talks to "CBS Mornings" about navigating the colorful role and how it has impacted her.
In this web exclusive, "Frasier" star David Hyde Pierce, now appearing on Broadway in "Pirates! The Penzance Musical," talks with correspondent Martha Teichner about playing physical comedy; tweaking Gilbert & Sullivan's "The Pirates of Penzance" for today's audience; his early television roles that led to the part of Dr. Niles Crane on "Frasier"; and his relationship with his husband, Brian.
The "Frasier" star is back on the Broadway stage in a jazzy re-working of the Gilbert & Sullivan classic, transplanted to New Orleans.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
A jury has convicted Nadine Menendez, the wife of convicted former New Jersey Sen. Bob Menendez, for her role in a years-long bribery scheme with her husband.
Patrick Crusius, who killed 23 people in a shooting at a Walmart in El Paso, Texas, in 2019, pleaded guilty to capital murder in a state district court.
The grandson of County Commissioner Bobbie Mitchell was arrested in the stabbing, police say.
Truong My Lan had already lost a challenge against the death penalty in a separate case in which she was found guilty of stealing money from Saigon Commercial Bank.
After Aaron Friar and his 15-year-old daughter Ellie vanished from their Medford, Oregon, home, investigators arrived to discover a horrific scene – and soon after, evidence of a murder plot is revealed.
During the peak of the Lyrid meteor shower, 10 to 20 meteors could be seen per hour, NASA says.
Don Pettit, NASA's oldest active astronaut, marked his 70th birthday by landing on the steppe of Kazakhstan after 220 days in space.
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
Pope Francis leaves behind a lasting legacy of change for the Catholic Church. CBS News' Lindsey Reiser explains.
In his embrace of a man with a genetic disorder, Pope Francis offers a lesson in acceptance. "CBS Evening News" co-anchor John Dickerson has the story.
As the world mourns Pope Francis, some Catholics are sharing memories and stories of how he affected their lives. Mychael Schilmoeller, a mother from Minnesota, met the pontiff in 2020 while eight months pregnant and joins CBS News to share the experience.
The Trump administration held a second round of talks with Iranian officials over the weekend on the country's nuclear program. Will Todman, senior fellow at the Center for Strategic and International Studies, joins CBS News to assess the status of a potential nuclear deal between the two countries.
When Pope Francis first appeared after his election in 2013, he did so in a simple white cassock with a wooden cross. Francis was also the first pope from Latin America -- celebrated for his humility and love for the people. James Grimaldi, executive editor of the National Catholic Reporter, joins to discuss.