White House focusing on Biden’s economic accomplishments ahead of State of the Union

White House focusing on Biden’s economic accomplishments ahead of State of the Union – CBS News Watch CBS News Ahead of President Biden’s State of the Union address, White House deputy communications director Kate Berner joined “Red and Blue” to discuss the administration’s successes and key points expected in the president’s speech. Be the first … Read more

White House releases preview of Biden’s 2023 State of the Union address

White House releases preview of Biden’s 2023 State of the Union address – CBS News Watch CBS News CBS News senior White House correspondent Weijia Jiang has some early excerpts from the president’s State of the Union speech, plus details on who Mr. Biden has personally invited to Capitol Hill. Be the first to know … Read more

Houston mayor discusses expectations for the State of the Union address

Houston mayor discusses expectations for the State of the Union address – CBS News Watch CBS News President Biden is set to deliver his second State of the Union address this evening, laying out his political agenda for the 2023 year. His goals are expected affect how state and local officials will be able to … Read more

What will President Biden prioritize in second State of the Union address?

What will President Biden prioritize in second State of the Union address? – CBS News Watch CBS News President Biden will outline his vision for building economic progress during his second State of the Union address Tuesday. Nancy Cordes reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive … Read more

In divided nation, Americans do agree on this: Biden should talk about economy — CBS News poll

The state of our union is … ?  We asked people to describe it, and received some dour assessments: they picked “divided” most of all, followed by “declining” and “weak.” Few picked adjectives “strong,” or — amid tough economic ratings — “prospering.”  These aren’t just one-sided partisan points. Partisans share the sense of division and … Read more

Here’s how the Federal Reserve confused the markets

The Fed has a problem in that it says one thing, and the markets want to hear another. “The bottom line is the markets just aren’t buying what the Fed is selling,” said Diane Swonk, chief economist at KPMG. “That ups the ante on the Fed to go further and be more hawkish.” Stocks were … Read more

Biden says U.S. is “all in on Africa’s future”

Biden says U.S. is “all in on Africa’s future” – CBS News Watch CBS News President Biden on Wednesday announced a series of economic and investment initiatives in a speech at the U.S.-Africa Leaders Summit. The goal is to expand free trade opportunities across the continent, while also countering Russia and China’s influence. Michelle Gavin, … Read more

Federal Reserve chair says rate cuts unlikely in 2023

Federal Reserve chair says rate cuts unlikely in 2023 – CBS News Watch CBS News The Federal Reserve boosted its benchmark interest rate by 0.5 percentage point, marking its seventh consecutive hike this year. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joined John Dickerson to … Read more

12/13: CBS News Prime Time

12/13: CBS News Prime Time – CBS News Watch CBS News John Dickerson reports on the charges against FTX founder Sam Bankman-Fried, an alleged Russian smuggling ring in New Hampshire, and reasons why inflation slowed in November. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now … Read more

Opinion: Opinion: The annual inflation rate was not 7.1% in November; it was 3.7%

The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a range of 4.25% to 4.50%, as expected at its meeting that ends Wednesday. With the relatively benign report on the consumer … Read more