Powell says the Fed was served DOJ subpoenas over building renovations
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.
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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.
Financial markets slumped Friday after President Trump threatened to raise tariffs on China over a dispute involving rare earths.
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
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.
President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
The President's criticism comes a day after the Federal chair said the time isn't yet right for a rate cut.
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
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.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
The Federal Reserve is leaving its benchmark interest rate unchanged as investors look for signals that a cut is imminent.
After two years of rate hikes, Americans are coping with higher costs for all kinds of loans. Here's what to expect from the Fed today.
Officials want more data to be confident that inflation is abating, according to the minutes of their July 25-26 meeting.
The controversial Crowsnest annexation petition in Castle Pines has been withdrawn by the developer, as Castle Pines prepares to consider creating an annexation policy.
Erie officials say they may shut off water to homes that ignore irrigation restrictions, calling the move an "extraordinary" step as unseasonably warm weather strains the town's limited winter supply.
Nathan MacKinnon had three assists in Colorado's 4-1 victory over the Chicago Blackhawks, helping the Avalanche become the first NHL team to clinch a playoff spot this season.
The Colorado State women's basketball team is heading home after a disappointing loss in the opening round of the NCAA Tournament on Friday night.
Officials on Colorado's Front Range are asking the public to be on the lookout for a man who police believe cut off his ankle monitor and is attempting to avoid imprisonment for crimes of sexual assault on a child.
The controversial Crowsnest annexation petition in Castle Pines has been withdrawn by the developer, as Castle Pines prepares to consider creating an annexation policy.
Erie officials say they may shut off water to homes that ignore irrigation restrictions, calling the move an "extraordinary" step as unseasonably warm weather strains the town's limited winter supply.
The Colorado State women's basketball team is heading home after a disappointing loss in the opening round of the NCAA Tournament on Friday night.
Officials on Colorado's Front Range are asking the public to be on the lookout for a man who police believe cut off his ankle monitor and is attempting to avoid imprisonment for crimes of sexual assault on a child.
For Denver Water users, the Board of Water Commissioners will consider possible mandatory watering restrictions.
For Denver Water users, the Board of Water Commissioners will consider possible mandatory watering restrictions.
The Denver Center for the Performing Arts is planning to pick one lucky teenager in Colorado to sit in the pit during a live performance of the hit Broadway musical "Hell's Kitchen."
The unusual season is changing how people use outdoor facilities and how the City of Aurora manages them.
The Denver Center for the Performing Arts Broadway and Cabaret announced the 2026-2027 season on Tuesday.
On Friday, Denver broke a 119-year-old temperature record when it reached 81 degrees. The old record for March 20 was 80 degrees set in 1907.
Nathan MacKinnon had three assists in Colorado's 4-1 victory over the Chicago Blackhawks, helping the Avalanche become the first NHL team to clinch a playoff spot this season.
The Colorado State women's basketball team is heading home after a disappointing loss in the opening round of the NCAA Tournament on Friday night.
The Colorado State University women's basketball team is headed to the Big Dance, as the Mountain West Champions are set to play in March Madness for the first time since 2016.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
A federal judge has struck down some of the Defense Department's strict controls on how journalists with access to the Pentagon are allowed to report — ending a policy that caused many news outlets to leave the Pentagon.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Colorado state Rep. Yara Zokaie says her relatives in Iran are struggling as the U.S. and Israeli's war with Iran continues.
A federal judge has struck down some of the Defense Department's strict controls on how journalists with access to the Pentagon are allowed to report — ending a policy that caused many news outlets to leave the Pentagon.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
On Thursday, Colorado Congresswoman Lauren Boebert said she's against any additional funding for the war, stating that the nation needs to prioritize "America First policies right now."
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Two Colorado lawmakers have proposed a bill to address racial disparity when it comes to maternal mortality rates.
The federal class-action lawsuit claims that, for years, state officials have known that they're harming already vulnerable children by keeping them in detention, even after judges have said they should be released.
Colorado voters will decide whether transgender children can play sports with the gender that matches their gender identity or whether they'll be forced to play with other children of the same gender they were assigned at birth.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
One day after DIA's general counsel filed a federal lawsuit against the city and three of Mayor Mike Johnston's appointees -- alleging unethical and potentially illegal behavior, and claiming they were plotting to oust airport CEO Phil Washington -- one of the appointees, City Attorney Miko Brown, responded by saying of the claims in the lawsuit, "I know they're upsetting."
A woman whose aging mother was charged thousands of dollars to change a lock reached out to CBS Colorado in hopes that the station would help them get the money back.
A senior lawyer at Denver International Airport filed a federal lawsuit against the city and three top officials, claiming he was pushed out of his job after warning about possible alleged violations of law and more.
A CBS Colorado investigation has found Denver may now be subsidizing fire protection for neighboring cities -- despite deals that were supposed to save money -- as the city faces deep budget cuts and layoffs.
Eleven Denver City Council members voluntarily reimbursed the city for 2025 furlough days with reimbursement amounts ranging from $762.60 up to $1,969.92. Most of the council members' reimbursements were around $1,300.