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Jun 17

Watch 4:11
News Wrap: FDA authorizes first COVID-19 vaccines for children under age 5

In our news wrap Friday, the Food and Drug Administration authorized the first COVID-19 vaccines for children under age 5, the Federal Reserve doubled down on its pledge to curb soaring inflation, former Trump adviser Peter Navarro pleaded not guilty…

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Jun 16

Analysis: What the Fed’s largest interest rate hike in decades means for you

By D. Brian Blank, The Conversation

The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers.

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Jun 15

Watch 5:36
Federal Reserve implements highest interest rate hike in decades to combat inflation

By Paul Solman, Courtney Norris, Tommy Walters

The Federal Reserve on Wednesday ramped up its efforts to fight inflation with a notable interest rate hike. Officials voted to raise rates by three-quarters of a point, a jump higher than expected just a week ago. Fed chair Jerome…

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Jun 15

WATCH: Federal Reserve Chair Powell gives news briefing following interest rate hike

By Christopher Rugaber, Associated Press

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come…

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Jun 13

Watch 6:02
Markets plunge amid fears of sharply higher interest rates

Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent. The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly. It is now officially a bear market, down…

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Jun 10

Watch 5:01
Inflation rises faster than expected, pinching pocketbooks and spooking the markets

New inflation numbers out Friday show the nation's economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more…

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Jun 07

Watch 4:57
News Wrap: Treasury Secretary Janet Yellen says inflation will remain high

In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says…

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May 25

Fed officials signal rates may head to ‘restrictive’ levels to stabilize economy

By Christopher Rugaber, Associated Press

Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which has reached a four-decade high.

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May 20

Watch 5:25
Investors scramble as the S&P 500 dives into bear market territory

Financial markets closed out the week with yet another head-spinning day, with one of the main indexes, the S&P 500, plunging for almost three hours into bear market territory, signifying a drop of 20 percent or more from its prior…

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May 17

Watch 5:24
News Wrap: FDA approves Pfizer’s COVID-19 booster for children age 5 to 11

In our news wrap Tuesday, the FDA authorized Pfizer's low-dose COVID booster for kids 5 to 11 years old, China restricted more Beijing residents to their homes to help control a small outbreak, U.S highway deaths shot up last year…

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Full Episode
Saturday, Oct 4
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