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2024 economy in review
From fireworks in the sky to an explosive stock market. Jessica Aguirre speaks with Scott Budman about the big economic stories of 2024.
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Malls in the US are struggling, except in Silicon Valley
In the era of online shopping, malls all over the country are struggling, except in Silicon Valley.
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Malls in the US are struggling, except in Silicon Valley
In the era of online shopping, malls all over the country are struggling, except in Silicon Valley. Scott Budman reports.
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How Gen X and millennials are changing the face of the traditional family office as they inherit over $80 trillion
The Great Wealth Transfer is underway, and Gen X and millennials are expected to inherit about $85 trillion by 2048, according to Cerulli Associates.
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How a government shutdown would (and wouldn't) affect consumers days before Christmas
If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared.
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What is the debt ceiling?
The debt ceiling, sometimes referred to as the debt limit, is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations.
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What is the debt ceiling and what happens if the US defaults?
What is the debt ceiling, also known as the debt limit, and how is it tied to government spending? And why would it be such a catastrophe for the U.S. to default on its debt? Here’s what to know.
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What to know after Federal Reserve cuts interest rates by another quarter point
Inflation is holding steady and the economy is strong. That was the message from the Federal Reserve Wednesday as it cut interest rates by another quarter of a point. Scott Budman reports.
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Federal Reserve expected to cut interest rates again
All eyes are on the federal reserve, and another anticipated interest rate cut on Wednesday. Jessica Aguirre speaks with Chip Lupo, an analyst with Wallethub, on what to expect.
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Federal Reserve begins its final interest rate policy meeting
As concerns over inflation and proposed tariffs loom overhead, the Federal Reserve will begin its two-day final interest rate meeting of the year.
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Federal Reserve begins its final interest rate policy meeting
As concerns over inflation and proposed tariffs loom overhead, the Federal Reserve will begin its two-day final interest rate meeting of the year.
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Cocoa prices climb to new record high, prompting fresh warnings about volatility
The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.
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More than half of Gen X parents worry about financially supporting their kids into adulthood, survey shows
Fifty-three percent of Gen X parents are concerned their kids won’t be fully financially independent into adulthood, U.S. Bank data reveals.
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By the numbers: Possible impact of Trump tariffs
Canada is offering a new warning in the brewing tariff fight.
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Egg prices may soon ‘flirt with record highs,' supplier says. Here's why
Egg prices are spiking again due to a bird flu outbreak and high consumer demand.
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Bay Area inflation slows down, report details
Despite the price of groceries, housing, and gas, prices remain persistently high; a new report shows that it’s changing.
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Inflation slows in Bay Area, report details
Inflation has remained persistently high, but it’s on a slow down, according to a recent report. Scott Budman reports.
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US inflation ticked up 2.7% in November. Here's what is getting more expensive
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
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More households expect economy to improve, survey says
More households are optimistic about where the economy goes from here, according to a new study.