Economy

Cramer's lightning round: Buy Vistra

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Stock futures rise as Fed hints at possible rate hike in 2026; Kospi hits over 9,000 for the first time: Live updates

After hitting a fresh intraday all-time high, the Dow Jones Industrial Average ultimately closed more than 500 points lower on Wednesday.

Federal Reserve holds interest rates steady but leaves door open to hike

Updated on: June 17, 2026 / 5:38 PM EDT / CBS News

State audit uncovers nearly $50 million in North Carolina unemployment fraud

North Carolina released a pair of audits on Wednesday, finding nearly $50 million in unemployment benefits fraud in the state in recent years.

The market didn't like what it heard from the Fed and its new leader Kevin Warsh

The S&P 500 closed down 1.2%, as bond yields rose.

Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed

The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.

Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman

The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.

Federal Reserve holds rates steady but signals possible hike before year’s end

Open markets committee says ‘economic activity is expanding at a solid pace’ in first meeting under new chair Kevin Warsh

Warsh experiences worst 'Fed day' S&P 500 performance for a new chair since 1994

The S&P 500 tumbled more than 1% in Wednesday's session, with losses steepening during Warsh's inaugural press conference as chair.

Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for

Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.

Here's how much interest a $35,000 money market account can earn now

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Warsh announces five task forces to overhaul Fed

Federal Reserve Chairman Kevin Warsh announced the formation of five task forces designed to reform the central bank, including to overhaul its conduct of monetary policy and to examine the effects of artificial intelligence.