The war in Iran has caused oil prices to spike, prompting concerns about a resurgence of inflation. That has led Federal Reserve officials to raise the possibility that they may pause the Fed’s recent efforts to lower interest rates, or potentially even raise rates. But that is the Fed as it’s now known. The central…
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now but could resume later in the year only if inflation cooperates. While the decision to hold the central bank’s benchmark rate steady mostly was met with approval, the path ahead appeared less certain, with members conflicted…
Customers shop at Walmart in Little Rock, Arkansas, Jan. 22, 2026. Will Newton | Getty Images Investors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation. The consumer price index, a broad measure of goods and services costs across the U.S….
The bourse edged higher on Tuesday as risk appetite improved on signs of US-Iran nuclear talks and a benign inflation print, with selective institutional buying nudging the market higher ahead of results season. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index reached a high of 187,518.78 (up 2,460.95 points, or 1.33%) and touched a low…
President Trump delivered a prime-time address from the White House on Wednesday night, touting the administration’s actions during the first 11 months of his second term and outlining his goals for the next three years. CBS News’ Norah O’Donnell anchors this special report.