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.
While many Coloradans enjoyed fun in the snow and soaked in the much-needed moisture, others were dealing with power outages.
Despite the inconveniences, Friday's snowstorm brought relief and joy to many residents in Colorado's foothills.
Four people were taken to the hospital after a crash in Colorado's high country on Friday evening.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
WorldDenver held its International Women's Day celebration on Friday. The event celebrates women's successes around the world, and the Denver event is one of the largest in the United States.
While many Coloradans enjoyed fun in the snow and soaked in the much-needed moisture, others were dealing with power outages.
Despite the inconveniences, Friday's snowstorm brought relief and joy to many residents in Colorado's foothills.
Four people were taken to the hospital after a crash in Colorado's high country on Friday evening.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
WorldDenver held its International Women's Day celebration on Friday. The event celebrates women's successes around the world, and the Denver event is one of the largest in the United States.
State regulators say a fuel contamination incident across the Denver metro area affected about 49 gas stations and just over 1,000 drivers. The fuel provider has instituted changes in their processes to prevent a similar incident from happening in the future.
CBS Colorado teamed up with the Denver Museum of Nature and Science to teach girls about careers in science, technology, engineering and math.
Two years since residents pushed back on the opening of two mental health facilities in the Colorado City of Northglenn, anxiety and fear remain at the forefront.
We spoke to a business that is taking a chance on 16th Street in Denver, as the downtown corridor makes an effort to reinvent itself after years of construction.
Brothers Antonio Vasquez and Jason Trujillo, Jr., who were convicted in a drive-by shooting outside of the Denver Aquarium, have been sentenced to 40 years and 20 years respectively.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
The Colorado Avalanche are reportedly finalizing a deal to bring back 2021-22 Stanley Cup champion Nazem Kadri!
The Colorado Avalanche have acquired forward Nicolas Roy in a trade with the Toronto Maple Leafs.
The Colorado Avalanche have acquired defenseman Nick Blankenburg in a trade with the Nashville Predators, the hockey team announced.
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
Kremlin press secretary Dmitry Peskov told reporters Russia's government is in "dialogue" with Iranian leadership representatives.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Kremlin press secretary Dmitry Peskov told reporters Russia's government is in "dialogue" with Iranian leadership representatives.
The Justice Dept. has released Jeffrey Epstein files involving uncorroborated accusations by a woman against President Trump that the department said had been mistakenly withheld.
In the week before an Iranian retaliatory strike that killed six U.S. service members, Iranian intelligence was likely able to identify and track American forces, according to a memo reviewed by CBS News.
The timing of Trump's Truth Social post announcing Kristi Noem's removal as DHS secretary took DHS officials and the secretary herself by surprise.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
Health officials in Colorado have identified four additional cases of measles in connection with the recent outbreak at Broomfield High School or Broomfield Heights Middle School and have expanded the list of locations for possible exposure.
A Colorado man is living a life of gratitude after strangers, without hesitation, stepped in and saved his life when he collapsed on a trail in Arapahoe County due to cardiac arrest.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
State and local health officials declared a measles outbreak in Adams County on Wednesday after a third person connected to Broomfield High School contracted the illness.
After two unvaccinated students at Broomfield High School were reported to have measles, the Boulder Valley School District says out of 1,669 students, 26 are on their exclusion list and not allowed to attend class.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Frank Bonanno brings Denver Restaurant Week back to his first Colorado concept to celebrate its 25th anniversary.
There's harsh criticism of a Colorado police officer charged with failing to report a crash -- a crash investigators say he was partially responsible for while off-duty. Some of the strongest criticism is coming from an unexpected place.
A CBS Colorado investigation has learned the City of Denver has spent $110,000 on a 14-month investigation of Denver Police Division Chief Magen Dodge, but is refusing to release the completed investigation, which was finalized three months ago.
A Colorado family is calling for change and sharing their struggle after a clinical trial their son relied on suddenly ended.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
A popular youth hockey coach in southern Colorado has been arrested for investigation of felony child abuse after colliding on the ice with one of his players in a case that one of the coach's supporters called a "terrifying precedent for youth sports across the country."