Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
Wednesday’s rate hike will push the federal funds rate to a range of 0.75%-1%.
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North Korea launches suspected missile toward sea
North Korea has launched a suspected ballistic missile toward its eastern waters on Wednesday, South Korean and Japanese officials said, days after North Korean leader Kim Jong Un vowed to …
The Fed is expected to raise rates by a half point. Investors wonder if it will get more aggressive
Investors are focused on whether the Federal Reserve will signal an even more aggressive rate-hiking path going forward.
Ukrainian drones destroy Russian patrol ships, defense ministry says
Ukrainian civilians evacuated from Mariupol Kyiv said Monday that its drones sank two Russian patrol boats near the Black Sea’s Snake Island where Ukrainian soldiers rebuffed Moscow’s demands to surrender …
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession.
Pelosi meets with Zelenskyy in Kyiv, vowing U.S. support for Ukraine
Top House Democrats visit Ukraine Warsaw, Poland — A U.S. congressional delegation led by House Speaker Nancy Pelosi praised the courage of the Ukrainian people in remarks during a visit to …
Stock futures are flat after the Nasdaq posts worst month since 2008
U.S. stock index futures were flat in overnight trading on Sunday.
“CBS Weekend News” headlines for Saturday, April 30, 2022
Here’s a look at the top stories making headlines on the “CBS Weekend News with Adriana Diaz.”
Berkshire earnings decline in the first quarter on slowing economic growth, stock market pullback
Warren Buffett’s Berkshire Hathaway reported Saturday a decline in first-quarter earnings, as the conglomerate was not immune to a slowing U.S. economy.
World Food Programme tackles Ukraine hunger crisis
World Food Programme tackles Ukraine hunger crisis The United Nations World Food Programme says nearly half of Ukrainian residents worry about where they’ll find their next meal. For “”60 Minutes,”” …