Posts tagged stock market
CBS This Morning: How Does the Rate Hike Impact You?

Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It's the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year. How does the rate rise impact Americans? I discussed on CBS This Morning.

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CBS Evening News: Dow Plunges Again, Closes Down More Than 1,000 Points

U.S. stocks tumbled again after huge swings earlier this week. On Thursday, the Dow lost more than 1,000 points. Here's my latest appearance on the CBS Evening News with Jeff Glor to help explain what's behind the volatility.