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Your Money Matters: Fed Expected To Lower Interest Rates As Inflation Nears Target

Your Money Matters: Fed Expected To Lower Interest Rates As Inflation Nears Target

Dave Davis Inflation and interest rates are set to dominate the financial world this coming week, and they will impact your everyday life.

Your Money Matters: How Does The Stock Market Impact 401Ks, Retirement Plans

Your Money Matters: How Does The Stock Market Impact 401Ks, Retirement Plans

Dave Davis Triston Hasty-Grant from Waterstone Private Wealth Management discusses stock market volatility, portfolio management, and historical trends. He also highlights the significance of potential interest rate cuts by the Federal Reserve, which could positively impact the economy and large companies moving forward.

Your Money Matters: No Change For Interest Rates As Inflation Moves Toward Goal

Your Money Matters: No Change For Interest Rates As Inflation Moves Toward Goal

Dave Davis The Federal Reserve is holding interest rates where they are, so what does that mean for you?

US Inflation Hits Lowest Point Since Early 2021 As Prices Ease For Gas, Groceries & Used Cars

US Inflation Hits Lowest Point Since Early 2021 As Prices Ease For Gas, Groceries & Used Cars

CBS News Americans have gained some much-needed relief with inflation reaching its lowest point since early 2021.

Fed Chair Powell Sees Progress On Inflation, Though Not Quickly Enough

Fed Chair Powell Sees Progress On Inflation, Though Not Quickly Enough

Associated Press Inflation may be cooling — just not yet fast enough for the Federal Reserve.

What The Government Being Unable To Pay The Bills Could Mean For The US Economy

What The Government Being Unable To Pay The Bills Could Mean For The US Economy

CBS News As President Joe Biden and congressional leaders are in a high-stakes standoff over the debt limit, experts warn it would be catastrophic if leaders do not reach an agreement in time – and launch the economy into chaos.

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Anxiety Knocks Regional Banks, Shares Slump

Anxiety Knocks Regional Banks, Shares Slump

Associated Press Anxiety over the potential for a rush of withdrawals by customers of regional banks continues to roil the financial sector with PacWest Bancorp attempting to calm investors overnight as its shares plunging more than 39%.

Anxiety Knocks Regional Banks, Shares Slump

Anxiety Knocks Regional Banks, Shares Slump

Associated Press Anxiety over the potential for a rush of withdrawals by customers of regional banks continues to roil the financial sector with PacWest Bancorp attempting to calm investors overnight as its shares plunging more than 39%.

More Americans File For Jobless Claims; Layoffs Remain Low

More Americans File For Jobless Claims; Layoffs Remain Low

Associated Press U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation.

More Americans File For Jobless Claims; Layoffs Remain Low

More Americans File For Jobless Claims; Layoffs Remain Low

Associated Press U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation.

Federal Reserve Hikes Its Key Interest Rate A Quarter Point

Federal Reserve Hikes Its Key Interest Rate A Quarter Point

CBS News The Federal Reserve is raising its key interest rate 0.25 percentage point, underscoring central bankers' commitment to fighting inflation even if that heightens the financial pressure on the country's banks.

Federal Reserve Hikes Its Key Interest Rate A Quarter Point

Federal Reserve Hikes Its Key Interest Rate A Quarter Point

CBS News The Federal Reserve is raising its key interest rate 0.25 percentage point, underscoring central bankers' commitment to fighting inflation even if that heightens the financial pressure on the country's banks.

Fed Raises Key Rate By Quarter-Point Despite Bank Turmoil

Fed Raises Key Rate By Quarter-Point Despite Bank Turmoil

News 9 The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.

Fed Raises Key Rate By Quarter-Point Despite Bank Turmoil

Fed Raises Key Rate By Quarter-Point Despite Bank Turmoil

News 9 The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.

Justice Department Investigating Collapse Of SVB

Justice Department Investigating Collapse Of SVB

Associated Press Federal Deposit Insurance Corp. officials told Republican senators Monday that they received offers for the bank over the weekend but didn’t have time to close; they said they could put Silicon Valley Bank up for auction again, according to a person familiar with the conversation who requested anonymity to discuss a private call.

Justice Department Investigating Collapse Of SVB

Justice Department Investigating Collapse Of SVB

Associated Press Federal Deposit Insurance Corp. officials told Republican senators Monday that they received offers for the bank over the weekend but didn’t have time to close; they said they could put Silicon Valley Bank up for auction again, according to a person familiar with the conversation who requested anonymity to discuss a private call.

Biden Says Americans Can 'Rest Assured' Banking System Is Secure After Silicon Valley Bank Collapse

Biden Says Americans Can 'Rest Assured' Banking System Is Secure After Silicon Valley Bank Collapse

CBS News President Biden on Monday sought to reassure Americans that they can have confidence in the U.S. banking system following the collapse of Silicon Valley Bank and quell any concerns about the fallout from its abrupt failure.

Biden Says Americans Can 'Rest Assured' Banking System Is Secure After Silicon Valley Bank Collapse

Biden Says Americans Can 'Rest Assured' Banking System Is Secure After Silicon Valley Bank Collapse

CBS News President Biden on Monday sought to reassure Americans that they can have confidence in the U.S. banking system following the collapse of Silicon Valley Bank and quell any concerns about the fallout from its abrupt failure.

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Fed Chairman Testifies Before Senate Banking Committee

Fed Chairman Testifies Before Senate Banking Committee

CBS News The Federal Reserve may need to increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Federal Reserve Chair Jerome Powell said Tuesday in prepared testimony to a Senate panel.

Fed Chairman Testifies Before Senate Banking Committee

Fed Chairman Testifies Before Senate Banking Committee

CBS News The Federal Reserve may need to increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Federal Reserve Chair Jerome Powell said Tuesday in prepared testimony to a Senate panel.

US Inflation Slows To 6.4%, But Price Pressures Re-Emerge

US Inflation Slows To 6.4%, But Price Pressures Re-Emerge

Associated Press The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowly easing.

US Inflation Slows To 6.4%, But Price Pressures Re-Emerge

US Inflation Slows To 6.4%, But Price Pressures Re-Emerge

Associated Press The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowly easing.

Stocks Swing After Inflation Cools By Less Than Hoped

Stocks Swing After Inflation Cools By Less Than Hoped

Associated Press Stocks are mixed on Wall Street Tuesday following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped.

Stocks Swing After Inflation Cools By Less Than Hoped

Stocks Swing After Inflation Cools By Less Than Hoped

Associated Press Stocks are mixed on Wall Street Tuesday following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped.

Federal Reserve Chair: Strong Hiring Could Force Further Rate Hikes

Federal Reserve Chair: Strong Hiring Could Force Further Rate Hikes

Associated Press “The reality is if we continue to get strong labor market reports or higher inflation reports, it might be the case that we have to raise rates more” than is now expected, said Federal Reserve Chair Jerome Powell in remarks to the Economic Club of Washington.

Federal Reserve Chair: Strong Hiring Could Force Further Rate Hikes

Federal Reserve Chair: Strong Hiring Could Force Further Rate Hikes

Associated Press “The reality is if we continue to get strong labor market reports or higher inflation reports, it might be the case that we have to raise rates more” than is now expected, said Federal Reserve Chair Jerome Powell in remarks to the Economic Club of Washington.

Fed Raises Key Rate By Half-Point And Signals More To Come

Fed Raises Key Rate By Half-Point And Signals More To Come

Associated Press The Fed boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. Though lower than its previous three-quarter-point hikes, the latest move will further increase the costs of many consumer and business loans and the risk of a recession.

Fed Raises Key Rate By Half-Point And Signals More To Come

Fed Raises Key Rate By Half-Point And Signals More To Come

Associated Press The Fed boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. Though lower than its previous three-quarter-point hikes, the latest move will further increase the costs of many consumer and business loans and the risk of a recession.

Inflation Cooled Further In November, With Prices Rising 7.1%

Inflation Cooled Further In November, With Prices Rising 7.1%

CBS News Inflation slowed sharply in November, the government reported Tuesday, continuing a gradual decline since price hikes peaked across the U.S. this summer.

Inflation Cooled Further In November, With Prices Rising 7.1%

Inflation Cooled Further In November, With Prices Rising 7.1%

CBS News Inflation slowed sharply in November, the government reported Tuesday, continuing a gradual decline since price hikes peaked across the U.S. this summer.

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LIVE UPDATES: Wildfires, High Winds Cause Major Damage Across Northeastern Oklahoma

LIVE UPDATES: Wildfires, High Winds Cause Major Damage Across Northeastern Oklahoma

Carrie Winchel Wind-driven wildfires blew across northeastern Oklahoma Friday afternoon into the evening. News On 6 crews and storm trackers covered the fires from all over the area. Here is a timeline of what happened throughout the day.

LIVE UPDATES: Wildfires, High Winds Cause Major Damage Across Northeastern Oklahoma

LIVE UPDATES: Wildfires, High Winds Cause Major Damage Across Northeastern Oklahoma

Carrie Winchel Wind-driven wildfires blew across northeastern Oklahoma Friday afternoon into the evening. News On 6 crews and storm trackers covered the fires from all over the area. Here is a timeline of what happened throughout the day.

OSDH reports 2 probable measles cases, potential public exposures

OSDH reports 2 probable measles cases, potential public exposures

Destini Pittman The Oklahoma State Department of Health (OSDH) has identified two additional probable measles cases, the agency announced Friday.

OSDH reports 2 probable measles cases, potential public exposures

OSDH reports 2 probable measles cases, potential public exposures

Destini Pittman The Oklahoma State Department of Health (OSDH) has identified two additional probable measles cases, the agency announced Friday.

Osage County woman loses home in wildfire just before her birthday

Osage County woman loses home in wildfire just before her birthday

Carrie Winchel Families across Oklahoma are dealing with loss after wildfires, driven by strong winds, spread across the state Friday. One of those families is Brandon and Susan, in Pawhuska. their barn, home, and truck were burned in the fire.

Osage County woman loses home in wildfire just before her birthday

Osage County woman loses home in wildfire just before her birthday

Carrie Winchel Families across Oklahoma are dealing with loss after wildfires, driven by strong winds, spread across the state Friday. One of those families is Brandon and Susan, in Pawhuska. their barn, home, and truck were burned in the fire.

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LIVE UPDATES: Wildfires, High Winds Cause Major Damage Across Northeastern Oklahoma

LIVE UPDATES: Wildfires, High Winds Cause Major Damage Across Northeastern Oklahoma

Carrie Winchel Wind-driven wildfires blew across northeastern Oklahoma Friday afternoon into the evening. News On 6 crews and storm trackers covered the fires from all over the area. Here is a timeline of what happened throughout the day.

OSDH reports 2 probable measles cases, potential public exposures

OSDH reports 2 probable measles cases, potential public exposures

Destini Pittman The Oklahoma State Department of Health (OSDH) has identified two additional probable measles cases, the agency announced Friday.

Osage County woman loses home in wildfire just before her birthday

Osage County woman loses home in wildfire just before her birthday

Carrie Winchel Families across Oklahoma are dealing with loss after wildfires, driven by strong winds, spread across the state Friday. One of those families is Brandon and Susan, in Pawhuska. their barn, home, and truck were burned in the fire.

Wildfire evacuation shelters in Oklahoma

Wildfire evacuation shelters in Oklahoma

Carrie Winchel The American Red Cross has set up the following shelters for Oklahomans affected by Friday's wildfires. Here is a complete list.

Large fire continues to burn in Mannford

Large fire continues to burn in Mannford

Emory Bryan A large fire continues to burn in Mannford. Highway 51 coming in and out of town is closed and mandatory evacuations are still in place.

Wildfire evacuation order in Stillwater, instructions from emergency managers

Wildfire evacuation order in Stillwater, instructions from emergency managers

Carrie Winchel Stillwater officials have issued an evacuation order for several areas in the city, as wildfires threaten property.

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