Trump urges Fed to lower interest rates as new inflation data shows slight rise – CBS News Watch CBS News President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O’Grady has the … Read more
Nvidia becomes first company to hit $4 trillion value – CBS News Watch CBS News Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O’Grady has the details. Be the first to know Get browser notifications for breaking news, live events, and … Read more
What to know about Trump’s new tariff deadline – CBS News Watch CBS News President Trump notified Japan, South Korea and another dozen countries on Monday that they would face 25% tariffs on all exports to the U.S. starting Aug. 1. CBS News senior White House and political correspondent Ed O’Keefe reports. Be the first … Read more
What are stablecoins and how does the GENIUS Act regulate them? – CBS News Watch CBS News Last week, in a bipartisan vote, the Senate passed the GENIUS Act, creating a regulatory framework for stablecoins. Dante Disparte, chief strategy officer at the financial technology company Circle, joins “The Takeout” to explain how stablecoins work and … Read more
Stocks are up, but consumer confidence in economy is down, CBS News poll finds – CBS News Watch CBS News Almost six in 10 Americans say the economy is in bad shape, according to a new CBS News poll. Stocks were up across the board on Tuesday though. Kelly O’Grady has more. Be the first … Read more
Why the Strait of Hormuz is critical for global oil supplies – CBS News Watch CBS News The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway … Read more
Global economy reacts to U.S. strikes on Iran – CBS News Watch CBS News U.S. and global markets remained mostly steady following U.S. strikes on Iran’s key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Be the first to know Get browser notifications for breaking news, live events, and … Read more
New data on wage growth for people staying at current jobs – CBS News Watch CBS News Wage growth may be paying off more for those who are choosing to stay with their current employers instead of making a switch to a different company. Juliana Kaplan, a senior labor and inequality reporter at Business Insider, … Read more