Watch 3:37
News Wrap: Yellen signals likely interest rate hike
In the our news wrap Wednesday, Federal Reserve Chair Janet Yellen affirmed that short-term interest rates are likely to rise again in the coming months, but left the door open to change those plans. Also, Brazil's former president was convicted…
Column: 5 ways higher interest rates could affect you
The Federal Reserve moved to raise short-term interest rates on Wednesday. What does that mean for American households and American workers?…
Watch 6:04
News Wrap: Russian officials, hackers charged in Yahoo case
In our news wrap Wednesday, two Russian intelligence officers and two cyber hackers have been charged in a Yahoo data breach that compromised 500 million accounts. Also, the Federal Reserve announced that short-term interest rates are going up again, for…
Watch 4:05
Why the Fed raised rates and how it affects consumers
After years of holding interest rates at a near-zero level, the Federal Reserve has entered a new phase of confidence in the "robustness of the economy and its resilience to shocks," according to Fed Chair Janet Yellen. Jeffrey Brown takes…
For the second time in three months, the Federal Reserve decided to raise its key interest rate a quarter point today.
In our news wrap Friday, Janet Yellen, chair of the Federal Reserve, is sending the strongest signal yet that short-term interest rates are going up again -- this month. Also, former journalist Juan Thompson was arrested in St. Louis for…
The Federal Reserve decided today to raise its benchmark interest rate .25 percent, a move widely expected by investors and economists. So what does the move mean for you?…
To understand Janet Yellen’s motivation, consider that it has been seven years since the last U.S. recession ended. Since World War II, recessions have arrived about once every six years. Another recession is coming; the only unknown is the date.
It is widely anticipated that chair of the Federal Reserve Board Janet Yellen will announce an interest rate increase this week during the board’s last meeting of the year. Binyamin Appelbaum, economic reporter at The New York Times, also expects…
