President Donald Trump threatened to fire Federal Reserve Bank Chair Jerome Powell if he stays on the board after his leadership term expires next month — but also championed the federal investigation that could sideline his own pick for the job. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive … Read more
The International Monetary Fund has cut its forecast for global growth, predicting a rise in global inflation and warning that the war with Iran is pushing growth lower compared to 2025. Medora Lee, money and personal finance reporter for USA Today, joins CBS News to discuss. Source link
Target reported another quarter of declining sales and profits as it works to regain its footing with customers facing higher prices almost everywhere, but the retailer offered a profit outlook that topped Wall Street expectations and signaled quarterly sales growth ahead. The Minneapolis-based company said it earned $2.30 per share, or $1.05 billion, for the … Read more