Stock market drops after Fed Chair Powell’s Jackson Hole speech – CBS News
The Dow Jones Industrial Average fell more than 1,000 points Friday after Federal Reserve Chair Jerome Powell said the Fed will continue raising interest rates to tame inflation. Colby Smith, a U.S. economics editor for the Financial Times, joins CBS News’ Catherine Herridge to discuss.
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Six of the 43 college students who disappeared in 2014 were allegedly kept alive in a warehouse for days then turned over to the local army commander who ordered them killed, the Mexican government official leading a Truth Commission said Friday. Interior Undersecretary Alejandro Encinas’ surprise comment was the first time […]