Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
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A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
President Trump announced earlier this week that he would be removing Lisa Cook as a member of the Federal Reserve Board of Governors.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Investors will be closely eyeing Powell's speech in Jackson Hole on Friday to see if the Fed chair hints at a potential rate cut at the central bank's next meeting.
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
The great inflation spike of the past three years is nearly spent - and economists credit American consumers themselves for helping to slay it.
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
Moving forward, the focus will be on safety and security.
Water service has now been restored to the historic mountain city of Victor after nearly a week of outages tied to catastrophic failures in the city's aging water system.
As part of National Water Safety Month, the YMCA of Metro Denver is giving important instructions on how to stay safe.
A Northern Colorado man says he is lucky to be alive after being bitten by a rattlesnake west of Fort Collins.
A group of Colorado banks is promoting a new way to save money with a mindset change.
Moving forward, the focus will be on safety and security.
Water service has now been restored to the historic mountain city of Victor after nearly a week of outages tied to catastrophic failures in the city's aging water system.
As part of National Water Safety Month, the YMCA of Metro Denver is giving important instructions on how to stay safe.
A Northern Colorado man says he is lucky to be alive after being bitten by a rattlesnake west of Fort Collins.
A group of Colorado banks is promoting a new way to save money with a mindset change.
Moving forward, the focus will be on safety and security.
Water service has now been restored to the historic mountain city of Victor after nearly a week of outages tied to catastrophic failures in the town's aging water system. However, a boil order remains in place.
Joe Ruch is tracking a big warming trend across Colorado.
A jury in Douglas County awarded a New Jersey man $24 million after he sued a Parker police detective for malicious prosecution and false arrest.
As part of National Water Safety Month, the YMCA of Metro Denver is giving important instructions on how to stay safe.
The Broncos are kicking off the season in primetime. Denver will travel to Kansas City to play the Chiefs in Week 1 on Monday Night Football.
Craig Morton, who spent 18 years in the NFL and became the first quarterback to start the Super Bowl for two franchises — the Dallas Cowboys and Denver Broncos — has died.
Grandview High School has produced many professional athletes, including professional baseball players. This year, the school has a pitcher who is gaining a lot of national attention, named Ethan Wachsmann.
Two future WNBA players have played at Grandview High School in Aurora over the past ten years, and the school has won 5 CHSAA State titles.
The last time a horse won the Triple Crown was in 2018.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
A hacking group named ShinyHunters claimed responsibility for the Canvas breach and threatened to leak data involving 275 million individuals if schools did not pay a ransom.
Jay Bhattacharya, the acting director of the Centers for Disease Control and Prevention, told CBS News that the hantavirus outbreak should be treated differently from COVID.
Virginia Democrats asked the Supreme Court to restore its congressional map that aimed to give Democrats an edge in the midterms, days after it was blocked by the state's highest court.
In November, Coloradans will get the chance to vote on a ballot measure to update the state's revenue cap and invest more money into K-12 education.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
Virginia Democrats asked the Supreme Court to restore its congressional map that aimed to give Democrats an edge in the midterms, days after it was blocked by the state's highest court.
Justice Samuel Alito extended an administrative stay that maintained access to mifepristone through the mail.
Elon Musk, Tim Cook and other high-powered business leaders have been invited to be a part of the U.S. delegation traveling to China this week.
Part of the problem starts before clinicians ever see a patient.
Jay Bhattacharya, the acting director of the Centers for Disease Control and Prevention, told CBS News that the hantavirus outbreak should be treated differently from COVID.
Most of the Americans who were on a cruise ship hit by a hantavirus outbreak were taken to specialized facilities at the University of Nebraska Medical Center.
Twenty-four out of Colorado's nearly 180 school districts have earned special recognition for asthma preparation and education.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
A jury in Douglas County awarded a New Jersey man $24 million after he sued a Parker police detective for malicious prosecution and false arrest.
A Denver County Court judge on Friday sentenced a vocal police critic to 60 days in jail and two years of probation, saying he needed to send a message that would deter her and her YouTube followers from future doxing of law enforcement.
City-funded contractors have been moving through Denver neighborhoods, replacing sections of sidewalks, frustrating some homeowners. The work was part of a broader program aimed at making city sidewalks more usable and accessible.
While touring the Marvin Foote Youth Services Center, Colorado state officials described the efforts behind massive changes being made to operations across juvenile detention facilities statewide.
Another Colorado family has come forward after they say they were charged thousands of dollars for having a lock changed.