The Federal Reserve's rate-setting board meets today and many analysts expect the committee will break its streak of 17-straight rate hikes. Amy Scott reports.
Job numbers out today pointed to higher unemployment rate and slower job growth. But the jury's still out on whether the Fed will raise interest rates again in August. Jeff Tyler reports.
New GDP figures out today show considerable slowing in the growth of the US economy. Whether that's good news or bad news depends on who you talk to. Ashley Milne-Tyte reports.
The men in brown are singing the blues today. UPS posted weaker-than-expected profits and led the Dow Transports Index down about 2%. Is it a bad sign for the broader economy? Jeff Tyler delivers this report.
In his semi-annual address to the Senate banking committee, Federal Reserve Chairman Ben Bernanke said just what the markets wanted to hear. Hillary Wicai reports.
Earlier this year, inflation seemed mostly limited to the gas pump, but now higher prices are showing up elsewhere. The core consumer price index and core inflation rate are on the rise.
Today, the government reported that producer prices rose last month, but there are some stores that can't pass cost increases onto consumers — because it's part of their name. Right? Alex Goldmark reports.
Despite sky-high energy prices, rising interest rates and a bi-polar stock market, second-quarter numbers are coming in at all-time highs. So what's the secret? Commentator Kim Clark says it's deceptively simple.