The Federal Reserve is hiking rates for the first time since 2023. Here's what to know:
Business

The Federal Reserve is hiking rates for the first time since 2023. Here's what to know:

The Fed also signaled there would be one more rate hike in 2026

US, Canada reach deal to delay 50% tariffs on Canadian imports
Local

US, Canada reach deal to delay 50% tariffs on Canadian imports

​The June jobs numbers from the Labor Department Friday marked a sharp reversal for the American labor market.
Business

US employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1%

Federal Reserve Warsh
Business

Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'

Trump administration touts Iran deal as a payday for farmers. But Iran denies it
Local

Trump administration touts Iran deal as a payday for farmers. But Iran denies it

Obit Alan Greenspan
National

Former Federal Reserve Chairman Alan Greenspan dies at 100

Producer prices shot up 6%, adding to pressure on companies to raise prices for customers
Business

Producer prices shot up 6%, adding to pressure on companies to raise prices for customers

Numbers were much higher than economists expected and alters the dynamic at the Federal Reserve's fight against inflation

US consumer prices jump as Iran war sends energy prices rapidly higher
Business

US consumer prices jump as Iran war sends energy prices rapidly higher

"Gas is up 28.4% from a year ago, and one area that bears watching is electricity," says CBS' Jill Schlesinger