U.S. interest payments on its debt are set to exceed defense spending. Should we be worried?

Americans are familiar with the impact of higher interest rates, which are making it more expensive…

Treasury Secretary Janet Yellen speaks on inflation, the U.S. economic outlook

Treasury Secretary Janet Yellen speaks on inflation, the U.S. economic outlook – CBS News Watch CBS…

Federal Reserve holds its interest rate steady. Here’s what that means.

What to expect from Fed’s first 2024 meeting What to expect from the Fed’s first rate…

Interest rates are high. These are the best places to park your cash | CNN Business

Editor’s Note: This is an update of an article that originally ran on September 20, 2023.…

US new home sales surged in September | CNN Business

Washington, DC CNN  —  New home sales in the United States surged higher in September from…

The Fed is losing control | CNN Business

America’s first inflation crisis in decades, combined with the Federal Reserve’s aggressive interest rate hikes to…

Why Fed officials aren’t addressing the Israel-Hamas war the way they did with Ukraine | CNN Business

New York CNN  —  When war broke out in Ukraine last year, Federal Reserve officials were…

Mortgage rates advance toward 8% | CNN Business

Washington, DC CNN  —  Mortgage rates continued to climb last week amid a stronger-than-expected economy and…

The Fed is at odds with itself. That’s a feature, not a bug | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Why you should care about the global rout in government bonds | CNN Business

London CNN  —  A slump in government bonds around the world has pushed up the cost…