SARA EISEN: Thank you. Well the Treasury Department is hosting this full day summit here in Washington highlighting the launch of Trump Accounts. This is a federally supported investment initiative for children in the U.S. Treasury Secretary Scott Bessent joins me now to discuss. Thank you for having us here today.

President Donald Trump tried Tuesday to concoct an alternative reality on the subject of “affordability” – piling lie on top of lie to try to convince Americans that the issue has vanished.

The Federal Reserve voted against lowering the benchmark interest rate Wednesday, marking the first time it has chosen to hold steady since July.

President Trump made several economic claims during Tuesday’s speech that require fact-checking, including statements about proposed developments by John Deere and his Administration’s effort to bring down record inflation.

Fed Chair Jerome Powell reveals American consumers are struggling and looking to "economize" purchases amid stubborn inflation, as central bank holds rates steady.

We're finally about to learn how much consumer prices rose back in November, according to the Federal Reserve's favorite measure of inflation.

Social Security’s COLA announcements are a big deal for a reason. For many seniors, Social Security is their only source of income. So a larger COLA versus a smaller one could spell the difference between being able to cover retirement expenses versus having to skimp on essentials.

A delayed reading on the Federal Reserve’s preferred inflation gauge released Thursday keeps the central bank on course to hold interest rates steady next week.

An expected interest rate rise next week will dominate Australian politics despite the opposition’s best efforts to make its own internal brawling the major issue.

In its policy meeting on January 28, the US central bank held interest rates steady, defying President Donald Trump’s repeated calls for sharp cuts.

It now takes 1,500,000 rials to equal one US dollar. The dramatic drop comes amid protests, a deadly government crackdown and a sweeping internet blackout.