Federal Reserve chair says subpoenas are "threat" and consequence for not listening to Trump
Chair of the Federal Reserve Jerome Powell called the subpoenas a threat and a consequence for not listening to the president.
Watch CBS News
Chair of the Federal Reserve Jerome Powell called the subpoenas a threat and a consequence for not listening to the president.
The Trump administration served grand jury subpoenas to the Federal Reserve on Sunday night.
Natalie Brand reports from the White House.
President Trump confirmed CBS News reporting that he discussed firing Federal Reserve Chairman Jerome Powell with Republican lawmakers. CBS's Erica Brown reports.
Stock markets were up early Wednesday as the president said he had no intention of firing Jerome Powell. Natalie Brand of CBS News reports.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
Sen. Elizabeth Warren's St. Patrick's Day breakfast jokes touched on Federal Reserve Chair Jerome Powell and the Silicon Valley Bank collapse.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Warren has previously called Powell a "dangerous man" to lead the Fed.
With so much uncertainty in the world, economic recovery will be a long, slow process.
Jaylen Brown had 29 points and Payton Pritchard scored 24 points to help the Boston Celtics beat the Miami Heat 98-96 on Friday night.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Actor Michael Keaton was roasted before receiving the 2026 Man of the Year by Harvard University's Hasty Pudding Theatricals.
A Wellesley, Massachusetts day care was shut down after a dozen children came in contact with an irritant that left their hands red.
Raising Cane's claims a Boston landlord has threatened to evict one of its locations in the Back Bay because the restaurant "smells like chicken fingers."
We've got yet another very cold and snowy weekend on tap in Boston. Here's what the weather forecast maps show.
A Wellesley, Massachusetts day care was shut down after a dozen children came in contact with an irritant that left their hands red.
Boston Mayor Michelle Wu is defending the city's snow removal progress nearly two weeks after the storm hit.
Drake Maye and the Patriots have been wearing "Be A Blessing" sweatshirts. Here's what to know about the Nike hoodie.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
There's a new drug that can help early morning shift workers stay awake and alert, a study out of Boston found.
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
Flu cases are rising rapidly, especially among kids in Boston, where hospitalizations of children under five have increased 150% over the last two weeks.
Four children have died from the flu in Massachusetts so far this season, public health officials say.
Fewer people in Massachusetts are getting their seasonal flu and COVID vaccinations as the number of respiratory infections in the state continues to rise.
After I-Team reports about a Foxboro woman's frustration with her GE gas range, the company has agreed to give her a refund.
It took Aaron Braun years to get more than 93,000 Dunkin' rewards points, but after a policy change he's left with a fraction of that.
In the last three years, the Better Business Bureau has received thousands of complaints about GE.
A home baker from Foxboro, Massachusetts is frustrated that the pricy oven she bought from GE wasn't working properly. Attempts to fix it failed.
Eight states have laws making police body cameras mandatory. Massachusetts isn't one of them.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
Maine Governor Janet Mills' run for Senate comes with an unusual promise - she will only serve one six-year term.
Raising Cane's claims a Boston landlord has threatened to evict one of its locations in the Back Bay because the restaurant "smells like chicken fingers."
The Kowloon is coming to Revere Beach.
Panera, Zipcar and Thermo Fisher are all closing facilities or offices in Massachusetts.
Cape Cod potato chips will no longer be made on Cape Cod as of this spring.
Time Out Market Boston, a food hall that opened in the Fenway neighborhood in 2019, won't be closing after all.
Just steps from the water's edge along Lake Winnipesaukee, a spectacular estate mixes modern architecture with breathtaking views.
An innovative craft winery located in downtown Meredith, New Hampshire, Hermit Woods is taking a different approach to winemaking.
Located on the water's edge along New Hampshire's Lake Winnipesaukee, Mill Falls blends elegant luxury with spectacular vistas.
Kohler Store by Supply New England and an interior designer showcases how beauty and functionality can breathe new life into a project.
James Beard-nominated pastry chef and co-founder of Bakey in Boston gives insight on how to make his world-famous babka.
Jaylen Brown had 29 points and Payton Pritchard scored 24 points to help the Boston Celtics beat the Miami Heat 98-96 on Friday night.
Jayson Tatum is not ready to come back yet this season, Boston Celtics president Brad Stevens said Friday.
Eager to attend this year's Super Bowl? Be prepared to pay four figures for the ticket alone — and those are the cheap seats.
While the Seahawks and Patriots will face off on the field, the NFL cities look to outshine each other.
Rams quarterback Matthew Stafford topped Patriots rising star Drake Maye in the MVP voting.
Raising Cane's claims a Boston landlord has threatened to evict one of its locations in the Back Bay because the restaurant "smells like chicken fingers."
A tegu lizard was found buried beneath the snow in Providence, Rhode Island.
A gathering of North Atlantic right whales off Massachusetts over the weekend appears to have set a new monthly record.
A rocketship on a downtown Boston roof is part of the new Winteractive 2026 public art installation.
The overpowering scent of Dunkin' donuts in the air has some Haverhill residents complaining.